Anheuser-Busch InBev SA/NV (NYSE:BUD) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have received an average recommendation of “Moderate Buy” from the sixteen brokerages that are covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $86.50.

BUD has been the topic of a number of analyst reports. JPMorgan Chase & Co. restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, April 2nd. SBG Securities lowered shares of Anheuser-Busch InBev SA/NV to a “hold” rating in a report on Monday, March 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, December 29th. DZ Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 20th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 13th.

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

A number of hedge funds and other institutional investors have recently modified their holdings of BUD. AQR Capital Management LLC raised its stake in Anheuser-Busch InBev SA/NV by 52.9% during the 1st quarter. AQR Capital Management LLC now owns 9,036 shares of the consumer goods maker’s stock worth $556,000 after acquiring an additional 3,127 shares in the last quarter. NewEdge Advisors LLC raised its stake in Anheuser-Busch InBev SA/NV by 7.8% during the 1st quarter. NewEdge Advisors LLC now owns 8,869 shares of the consumer goods maker’s stock worth $546,000 after acquiring an additional 642 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Anheuser-Busch InBev SA/NV by 25.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker’s stock worth $81,151,000 after acquiring an additional 265,783 shares in the last quarter. Russell Investments Group Ltd. raised its stake in Anheuser-Busch InBev SA/NV by 40.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 9,562 shares of the consumer goods maker’s stock worth $657,000 after acquiring an additional 2,736 shares in the last quarter. Finally, New York State Common Retirement Fund acquired a new stake in Anheuser-Busch InBev SA/NV during the 2nd quarter worth $120,000. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD stock opened at $71.52 on Wednesday. Anheuser-Busch InBev SA/NV has a 52 week low of $56.97 and a 52 week high of $81.56. The firm has a 50 day moving average of $73.99 and a two-hundred day moving average of $66.82. The stock has a market capitalization of $139.51 billion, a PE ratio of 20.79, a P/E/G ratio of 1.20 and a beta of 0.58. The company has a quick ratio of 0.57, a current ratio of 0.72 and a debt-to-equity ratio of 0.74.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 11.53% and a return on equity of 15.67%. The business had revenue of $15.56 billion for the quarter, compared to analyst estimates of $15.48 billion. During the same period last year, the business earned $0.88 EPS. The company’s revenue was up 6.2% on a year-over-year basis. On average, research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.