Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) was the target of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 2,980,000 shares, a decrease of 29.7% from the May 15th total of 4,240,000 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 1,400,000 shares, the days-to-cover ratio is presently 2.1 days.
Anheuser-Busch InBev SA/NV stock traded down $0.65 during trading hours on Tuesday, hitting $50.97. The stock had a trading volume of 29,165 shares, compared to its average volume of 1,085,238. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.70 and a quick ratio of 0.54. The stock has a market capitalization of $100.92 billion, a price-to-earnings ratio of 24.82, a PEG ratio of 1.66 and a beta of 1.38. Anheuser-Busch InBev SA/NV has a 1-year low of $51.21 and a 1-year high of $79.67. The stock’s fifty day moving average is $56.81 and its two-hundred day moving average is $59.46.
Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) last posted its quarterly earnings data on Thursday, May 5th. The consumer goods maker reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.07. The business had revenue of $13.24 billion for the quarter, compared to analyst estimates of $13.20 billion. Anheuser-Busch InBev SA/NV had a return on equity of 11.42% and a net margin of 7.55%. The business’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.51 earnings per share. As a group, sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.07 EPS for the current year.
BUD has been the subject of several analyst reports. Morgan Stanley cut their price target on Anheuser-Busch InBev SA/NV from €55.00 ($57.29) to €54.00 ($56.25) and set an “equal weight” rating for the company in a research note on Thursday, May 12th. Sanford C. Bernstein cut their price objective on Anheuser-Busch InBev SA/NV to $67.60 in a research report on Friday, May 27th. Deutsche Bank Aktiengesellschaft increased their price objective on Anheuser-Busch InBev SA/NV from €67.00 ($69.79) to €74.00 ($77.08) and gave the stock a “buy” rating in a research report on Wednesday, May 25th. Credit Suisse Group cut their price objective on Anheuser-Busch InBev SA/NV from €59.00 ($61.46) to €58.00 ($60.42) in a research report on Friday, May 6th. Finally, StockNews.com initiated coverage on Anheuser-Busch InBev SA/NV in a research report on Thursday, March 31st. They issued a “hold” rating for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. According to MarketBeat, Anheuser-Busch InBev SA/NV has a consensus rating of “Hold” and a consensus target price of $68.36.
Institutional investors and hedge funds have recently bought and sold shares of the stock. GFS Advisors LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 24.7% during the fourth quarter. GFS Advisors LLC now owns 295,798 shares of the consumer goods maker’s stock valued at $17,911,000 after acquiring an additional 58,605 shares during the last quarter. Thomasville National Bank boosted its stake in shares of Anheuser-Busch InBev SA/NV by 6.4% during the fourth quarter. Thomasville National Bank now owns 199,984 shares of the consumer goods maker’s stock valued at $12,109,000 after acquiring an additional 12,059 shares during the last quarter. Pflug Koory LLC boosted its stake in Anheuser-Busch InBev SA/NV by 41.8% in the 4th quarter. Pflug Koory LLC now owns 678 shares of the consumer goods maker’s stock worth $41,000 after buying an additional 200 shares during the last quarter. Dixon Hughes Goodman Wealth Advisors LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter worth about $60,000. Finally, Cetera Advisor Networks LLC boosted its stake in Anheuser-Busch InBev SA/NV by 0.8% in the 3rd quarter. Cetera Advisor Networks LLC now owns 21,978 shares of the consumer goods maker’s stock worth $1,239,000 after buying an additional 185 shares during the last quarter.
Anheuser-Busch InBev SA/NV Company Profile (Get Rating)
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.
- Get a free copy of the StockNews.com research report on Anheuser-Busch InBev SA/NV (BUD)
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