Zacks Research Has Bullish Forecast for BUD FY2024 Earnings

Anheuser-Busch InBev SA/NV (NYSE:BUD) – Equities research analysts at Zacks Research increased their FY2024 earnings estimates for Anheuser-Busch InBev SA/NV in a note issued to investors on Thursday, November 14th. Zacks Research analyst R. Lohia now anticipates that the consumer goods maker will post earnings per share of $3.41 for the year, up from their previous forecast of $3.37. The consensus estimate for Anheuser-Busch InBev SA/NV’s current full-year earnings is $3.43 per share. Zacks Research also issued estimates for Anheuser-Busch InBev SA/NV’s Q4 2024 earnings at $0.78 EPS, Q4 2025 earnings at $0.87 EPS, FY2025 earnings at $3.70 EPS, Q1 2026 earnings at $0.98 EPS, Q2 2026 earnings at $1.05 EPS, Q3 2026 earnings at $1.22 EPS and FY2026 earnings at $4.27 EPS.

A number of other equities analysts have also recently commented on the company. Barclays upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Wednesday, October 9th. Morgan Stanley boosted their price objective on shares of Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an “overweight” rating in a research report on Tuesday, September 10th. Citigroup upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Tuesday, October 1st. TD Cowen cut shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and lifted their price target for the stock from $68.00 to $88.00 in a research note on Tuesday, October 8th. Finally, Evercore ISI raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Anheuser-Busch InBev SA/NV presently has an average rating of “Moderate Buy” and a consensus price target of $79.00.

Anheuser-Busch InBev SA/NV Trading Down 0.2 %

Shares of NYSE BUD opened at $56.25 on Monday. Anheuser-Busch InBev SA/NV has a 1-year low of $55.43 and a 1-year high of $67.49. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The business’s 50 day moving average is $62.98 and its two-hundred day moving average is $62.00. The stock has a market capitalization of $101.09 billion, a P/E ratio of 17.36, a PEG ratio of 1.80 and a beta of 1.12.

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

Several large investors have recently added to or reduced their stakes in the stock. Ashton Thomas Securities LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter worth $26,000. Legacy Investment Solutions LLC purchased a new stake in Anheuser-Busch InBev SA/NV in the third quarter worth about $27,000. GPS Wealth Strategies Group LLC grew its holdings in Anheuser-Busch InBev SA/NV by 50.7% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock worth $32,000 after acquiring an additional 185 shares in the last quarter. Blue Trust Inc. increased its position in Anheuser-Busch InBev SA/NV by 225.0% during the 2nd quarter. Blue Trust Inc. now owns 546 shares of the consumer goods maker’s stock valued at $33,000 after purchasing an additional 378 shares during the period. Finally, Addison Advisors LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 39.7% in the 2nd quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock valued at $34,000 after purchasing an additional 168 shares in the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Company Profile

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.