Anheuser Busch Inbev NV (NYSE:BUD) – Stock analysts at Jefferies Financial Group upped their Q3 2019 earnings per share (EPS) estimates for Anheuser Busch Inbev in a report released on Monday, August 5th, Zacks Investment Research reports. Jefferies Financial Group analyst E. Mundy now expects that the consumer goods maker will post earnings of $1.50 per share for the quarter, up from their prior forecast of $1.13. Jefferies Financial Group currently has a “Hold” rating and a $95.00 target price on the stock. Jefferies Financial Group also issued estimates for Anheuser Busch Inbev’s FY2019 earnings at $5.43 EPS.
Several other equities research analysts have also recently commented on BUD. Bank of America raised shares of Anheuser Busch Inbev from a “neutral” rating to a “buy” rating in a research report on Monday, July 29th. They noted that the move was a valuation call. Argus raised shares of Anheuser Busch Inbev from a “hold” rating to a “buy” rating in a research report on Thursday, May 30th. ValuEngine raised shares of Anheuser Busch Inbev from a “sell” rating to a “hold” rating in a research report on Friday, July 19th. Finally, UBS Group cut shares of Anheuser Busch Inbev from a “buy” rating to a “neutral” rating in a research report on Tuesday, August 6th. Nine research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $89.27.
NYSE:BUD opened at $93.63 on Thursday. The company has a 50-day moving average price of $94.40 and a 200-day moving average price of $86.00. Anheuser Busch Inbev has a 12 month low of $64.54 and a 12 month high of $102.70. The company has a current ratio of 0.54, a quick ratio of 0.41 and a debt-to-equity ratio of 1.30. The stock has a market cap of $161.99 billion, a price-to-earnings ratio of 27.22, a P/E/G ratio of 2.07 and a beta of 1.16.
Anheuser Busch Inbev (NYSE:BUD) last posted its earnings results on Thursday, July 25th. The consumer goods maker reported $1.25 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.13 by $0.12. Anheuser Busch Inbev had a net margin of 13.81% and a return on equity of 21.79%. The firm had revenue of $13.96 billion during the quarter, compared to analysts’ expectations of $13.81 billion. During the same period last year, the company posted $0.95 EPS. The company’s quarterly revenue was down .2% compared to the same quarter last year.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Investors Research Corp bought a new stake in shares of Anheuser Busch Inbev in the first quarter worth approximately $26,000. Lenox Wealth Management Inc. grew its stake in shares of Anheuser Busch Inbev by 423.7% in the first quarter. Lenox Wealth Management Inc. now owns 309 shares of the consumer goods maker’s stock worth $26,000 after acquiring an additional 250 shares during the period. Enterprise Financial Services Corp grew its stake in shares of Anheuser Busch Inbev by 135.7% in the first quarter. Enterprise Financial Services Corp now owns 337 shares of the consumer goods maker’s stock worth $28,000 after acquiring an additional 194 shares during the period. Strategy Asset Managers LLC bought a new stake in shares of Anheuser Busch Inbev in the first quarter worth approximately $28,000. Finally, Alera Investment Advisors LLC grew its position in Anheuser Busch Inbev by 114.9% during the first quarter. Alera Investment Advisors LLC now owns 346 shares of the consumer goods maker’s stock valued at $29,000 after buying an additional 185 shares during the period. 4.47% of the stock is owned by institutional investors.
Anheuser Busch Inbev Company Profile
Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks. The company offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Cristal, Harbin, Jupiler, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol.
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