Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives Consensus Rating of “Buy” from Brokerages

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have earned a consensus rating of “Buy” from the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $64.00.

A number of equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. TD Cowen lowered their price objective on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a research report on Wednesday, January 8th.

Anheuser-Busch InBev SA/NV Trading Down 1.1 %

Shares of BUD stock opened at $62.38 on Tuesday. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49. The company’s fifty day simple moving average is $51.94 and its two-hundred day simple moving average is $56.79. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The stock has a market capitalization of $112.10 billion, a price-to-earnings ratio of 19.25, a PEG ratio of 1.73 and a beta of 0.96.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. The company had revenue of $14.84 billion during the quarter, compared to analyst estimates of $14.07 billion. As a group, analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Institutional Trading of Anheuser-Busch InBev SA/NV

Hedge funds have recently added to or reduced their stakes in the business. Dodge & Cox grew its position in Anheuser-Busch InBev SA/NV by 27.7% during the 4th quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker’s stock worth $2,002,641,000 after acquiring an additional 8,670,940 shares during the last quarter. Fisher Asset Management LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 6.0% in the third quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock worth $683,252,000 after purchasing an additional 587,329 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of Anheuser-Busch InBev SA/NV by 7.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 7,569,492 shares of the consumer goods maker’s stock worth $379,004,000 after buying an additional 505,206 shares during the period. Holocene Advisors LP raised its holdings in Anheuser-Busch InBev SA/NV by 22.8% during the 3rd quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker’s stock valued at $287,144,000 after buying an additional 803,257 shares during the last quarter. Finally, Capital International Investors boosted its position in Anheuser-Busch InBev SA/NV by 5.5% during the 4th quarter. Capital International Investors now owns 2,594,619 shares of the consumer goods maker’s stock valued at $129,201,000 after buying an additional 134,243 shares during the period. 5.53% of the stock is owned by institutional investors.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. 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.