Anheuser-Busch InBev SA/NV (NYSE:BUD) Given Consensus Recommendation of “Buy” by Analysts

Anheuser-Busch InBev SA/NV (NYSE:BUD) has been given a consensus rating of “Buy” by the ten analysts that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, six have issued a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $71.50.

A number of research analysts have recently weighed in on the company. BNP Paribas raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 30th. Berenberg Bank started coverage on Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They issued a “buy” rating on the stock. Argus raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price target on the stock in a report on Thursday, March 27th. The Goldman Sachs Group raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $70.10 to $88.00 in a report on Monday, May 12th. Finally, Wall Street Zen cut Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a report on Sunday, May 18th.

Anheuser-Busch InBev SA/NV Stock Down 0.6%

BUD stock opened at $68.93 on Monday. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $72.13. The company has a quick ratio of 0.54, a current ratio of 0.70 and a debt-to-equity ratio of 0.80. The stock has a market cap of $123.88 billion, a P/E ratio of 19.98, a PEG ratio of 1.81 and a beta of 0.82. The business’s 50-day moving average price is $68.89 and its 200-day moving average price is $60.50.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.09% and a net margin of 11.74%. During the same quarter in the previous year, the company posted $0.75 EPS. The company’s revenue was down 6.3% compared to the same quarter last year. On average, equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, June 6th. Stockholders of record on Wednesday, May 7th were issued a dividend of $1.0492 per share. This represents a dividend yield of 1.2%. This is a boost from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.87. The ex-dividend date was Wednesday, May 7th. Anheuser-Busch InBev SA/NV’s dividend payout ratio is 24.64%.

Institutional Trading of Anheuser-Busch InBev SA/NV

Hedge funds have recently modified their holdings of the company. NBC Securities Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $32,000. Garde Capital Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $37,000. Rakuten Securities Inc. raised its holdings in shares of Anheuser-Busch InBev SA/NV by 2,722.7% during the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker’s stock worth $31,000 after acquiring an additional 599 shares in the last quarter. ST Germain D J Co. Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $41,000. Finally, Rossby Financial LCC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $49,000. 5.53% of the stock is owned by hedge funds and other institutional investors.

About Anheuser-Busch InBev SA/NV

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.