Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands. The company was founded in 1366 and is headquartered in Leuven, Belgium.
Analyst Upgrades and Downgrades
Several analysts have issued reports on the stock. StockNews.com raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, August 1st. Deutsche Bank Aktiengesellschaft dropped their target price on Anheuser-Busch InBev SA/NV from €74.00 ($76.29) to €73.00 ($75.26) and set a "buy" rating on the stock in a report on Tuesday, July 5th. Royal Bank of Canada decreased their price target on shares of Anheuser-Busch InBev SA/NV from €65.00 ($67.01) to €64.00 ($65.98) in a report on Monday, August 1st. Morgan Stanley dropped their price objective on shares of Anheuser-Busch InBev SA/NV from €54.00 ($55.67) to €52.00 ($53.61) in a research note on Wednesday, June 29th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Anheuser-Busch InBev SA/NV from €55.00 ($56.70) to €50.00 ($51.55) in a report on Tuesday, July 5th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $65.16.
Anheuser-Busch InBev SA/NV Stock Up 1.6 %
Shares of NYSE:BUD traded up $0.86 on Monday, reaching $54.10. The company had a trading volume of 27,194 shares, compared to its average volume of 1,486,556. The stock has a market capitalization of $107.12 billion, a P/E ratio of 27.44, a P/E/G ratio of 2.05 and a beta of 1.25. The stock has a 50-day moving average price of $54.09 and a 200 day moving average price of $57.53. Anheuser-Busch InBev SA/NV has a twelve month low of $50.59 and a twelve month high of $67.91. The company has a quick ratio of 0.47, a current ratio of 0.67 and a debt-to-equity ratio of 0.99.
Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Rating) last announced its earnings results on Thursday, May 5th. The consumer goods maker reported $0.67 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.60 by $0.07. Anheuser-Busch InBev SA/NV had a return on equity of 10.47% and a net margin of 6.91%. The firm had revenue of $13.24 billion during the quarter, compared to analysts' expectations of $13.20 billion. During the same quarter in the prior year, the business earned $0.51 earnings per share. The company's revenue was up 7.7% on a year-over-year basis. On average, equities analysts expect that Anheuser-Busch InBev SA/NV will post 3 EPS for the current year.