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

Anheuser-Busch InBev SA/NV (NYSE:BUD) has earned an average rating of “Moderate Buy” from the nine ratings firms that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $72.13.

BUD has been the topic of a number of recent analyst reports. UBS Group upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research note on Monday, June 24th. TD Cowen cut their price objective on Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 5th.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE BUD opened at $58.36 on Thursday. The company has a quick ratio of 0.48, a current ratio of 0.63 and a debt-to-equity ratio of 0.80. Anheuser-Busch InBev SA/NV has a fifty-two week low of $51.66 and a fifty-two week high of $67.49. The business has a 50 day moving average price of $61.88 and a two-hundred day moving average price of $62.11. The firm has a market cap of $104.88 billion, a PE ratio of 24.52, a price-to-earnings-growth ratio of 1.36 and a beta of 1.10.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Wednesday, May 8th. The consumer goods maker reported $0.75 EPS for the quarter, beating the consensus estimate of $0.69 by $0.06. The company had revenue of $14.55 billion during the quarter, compared to analysts’ expectations of $14.43 billion. Anheuser-Busch InBev SA/NV had a return on equity of 14.01% and a net margin of 8.03%. The business’s revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.65 EPS. Sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.42 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The business also recently announced an annual dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, May 6th were issued a dividend of $0.8722 per share. The ex-dividend date was Friday, May 3rd. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. This represents a dividend yield of 1.1%. Anheuser-Busch InBev SA/NV’s dividend payout ratio is 27.31%.

Institutional Trading of Anheuser-Busch InBev SA/NV

Several hedge funds have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company boosted its position in shares of Anheuser-Busch InBev SA/NV by 11.6% during the third quarter. The Manufacturers Life Insurance Company now owns 10,367,287 shares of the consumer goods maker’s stock worth $573,311,000 after buying an additional 1,077,724 shares during the period. Armistice Capital LLC acquired a new position in Anheuser-Busch InBev SA/NV during the 3rd quarter worth $38,876,000. DAVENPORT & Co LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 36.8% in the first quarter. DAVENPORT & Co LLC now owns 2,062,543 shares of the consumer goods maker’s stock worth $125,389,000 after purchasing an additional 555,362 shares in the last quarter. Janus Henderson Group PLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the first quarter valued at $18,226,000. Finally, International Assets Investment Management LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at about $136,630,000. Institutional investors own 5.53% of the company’s stock.

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.