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

Anheuser-Busch InBev SA/NV (NYSE:BUD) has been given an average rating of “Moderate Buy” by the ten ratings firms that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $73.25.

A number of equities research analysts have recently weighed in on BUD shares. UBS Group upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Monday, June 24th. Evercore ISI upgraded shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. Morgan Stanley lifted their price objective on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday, September 10th. Finally, Citigroup upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Tuesday.

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

Several institutional investors and hedge funds have recently bought and sold shares of the business. Sanctuary Advisors LLC purchased a new stake in Anheuser-Busch InBev SA/NV in the second quarter worth $5,142,000. B. Riley Wealth Advisors Inc. boosted its stake in shares of Anheuser-Busch InBev SA/NV by 6.6% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 9,765 shares of the consumer goods maker’s stock valued at $568,000 after purchasing an additional 606 shares in the last quarter. Creative Planning increased its position in shares of Anheuser-Busch InBev SA/NV by 11.3% during the second quarter. Creative Planning now owns 52,041 shares of the consumer goods maker’s stock valued at $3,026,000 after buying an additional 5,279 shares during the period. Magnolia Capital Advisors LLC bought a new position in Anheuser-Busch InBev SA/NV in the second quarter worth about $1,023,000. Finally, Lighthouse Investment Partners LLC bought a new stake in Anheuser-Busch InBev SA/NV during the 2nd quarter valued at approximately $328,000. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD opened at $66.39 on Friday. The company has a market capitalization of $119.31 billion, a P/E ratio of 27.89, a P/E/G ratio of 1.77 and a beta of 1.10. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. Anheuser-Busch InBev SA/NV has a 52-week low of $51.66 and a 52-week high of $67.49. The company has a fifty day moving average of $62.58 and a 200-day moving average of $61.52.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Thursday, August 1st. The consumer goods maker reported $0.90 EPS for the quarter, beating the consensus estimate of $0.84 by $0.06. The firm had revenue of $15.33 billion for the quarter, compared to analyst estimates of $15.21 billion. Anheuser-Busch InBev SA/NV had a return on equity of 14.77% and a net margin of 9.89%. During the same period in the prior year, the company earned $0.72 EPS. As a group, equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.41 EPS for the current fiscal year.

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.