Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives Average Recommendation of “Moderate Buy” from Brokerages

Anheuser-Busch InBev SA/NV (NYSE:BUD) has earned a consensus recommendation of “Moderate Buy” from the seventeen ratings firms that are covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $72.00.

Several research firms have weighed in on BUD. Morningstar upgraded Anheuser-Busch InBev SA/NV to a “buy” rating in a report on Thursday, September 18th. Kepler Capital Markets lowered Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. The Goldman Sachs Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, November 28th. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, October 30th. Finally, DZ Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, November 7th.

Anheuser-Busch InBev SA/NV Price Performance

BUD stock opened at $61.60 on Thursday. The firm’s 50-day moving average price is $61.35 and its two-hundred day moving average price is $64.08. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $72.13. The stock has a market capitalization of $120.27 billion, a price-to-earnings ratio of 20.13, a PEG ratio of 1.82 and a beta of 0.58. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a net margin of 10.40% and a return on equity of 16.20%. The company had revenue of $15.13 billion during the quarter, compared to analyst estimates of $15.28 billion. During the same period in the prior year, the business posted $0.98 earnings per share. Anheuser-Busch InBev SA/NV’s revenue for the quarter was up .6% on a year-over-year basis. As a group, equities analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, November 19th will be issued a $0.1722 dividend. The ex-dividend date is Wednesday, November 19th. This represents a yield of 57.0%. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is 7.84%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. LPL Financial LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 23.0% during the first quarter. LPL Financial LLC now owns 197,108 shares of the consumer goods maker’s stock valued at $12,134,000 after purchasing an additional 36,847 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in Anheuser-Busch InBev SA/NV by 5.4% during the first quarter. PNC Financial Services Group Inc. now owns 21,365 shares of the consumer goods maker’s stock valued at $1,315,000 after buying an additional 1,097 shares during the period. Atria Wealth Solutions Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter valued at $2,240,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 88.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 79,511 shares of the consumer goods maker’s stock valued at $4,895,000 after buying an additional 37,356 shares in the last quarter. Finally, Ironwood Investment Counsel LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 2.3% in the 1st quarter. Ironwood Investment Counsel LLC now owns 83,469 shares of the consumer goods maker’s stock worth $5,138,000 after buying an additional 1,893 shares during the period. Institutional investors own 5.53% of the company’s stock.

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.