Anheuser Busch Inbev (NYSE:BUD) Downgraded by ValuEngine to Strong Sell

ValuEngine lowered shares of Anheuser Busch Inbev (NYSE:BUD) from a sell rating to a strong sell rating in a report published on Friday, ValuEngine reports.

BUD has been the topic of a number of other reports. UBS Group lowered Anheuser Busch Inbev from a buy rating to a neutral rating in a research report on Tuesday, August 6th. Macquarie reaffirmed a neutral rating on shares of Anheuser Busch Inbev in a report on Monday, October 28th. Barclays downgraded Anheuser Busch Inbev from an equal weight rating to an underweight rating in a report on Tuesday, August 27th. JPMorgan Chase & Co. reaffirmed a neutral rating and set a $79.00 price objective (down previously from $94.00) on shares of Anheuser Busch Inbev in a report on Thursday, November 7th. Finally, Bank of America raised Anheuser Busch Inbev from a neutral rating to a buy rating in a report on Monday, July 29th. They noted that the move was a valuation call. Two analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company. Anheuser Busch Inbev presently has a consensus rating of Hold and an average price target of $89.08.

NYSE BUD traded up $0.37 during trading hours on Friday, reaching $79.08. 1,099,199 shares of the company’s stock were exchanged, compared to its average volume of 1,401,523. The stock has a market cap of $128.17 billion, a PE ratio of 22.99, a price-to-earnings-growth ratio of 2.09 and a beta of 1.16. Anheuser Busch Inbev has a one year low of $64.54 and a one year high of $102.70. The firm has a fifty day moving average of $88.29 and a 200-day moving average of $90.06. The company has a current ratio of 0.54, a quick ratio of 0.41 and a debt-to-equity ratio of 1.30.

Anheuser Busch Inbev (NYSE:BUD) last released its quarterly earnings results on Friday, October 25th. The consumer goods maker reported $1.22 EPS for the quarter, missing the Zacks’ consensus estimate of $1.36 by ($0.14). The business had revenue of $13.17 billion for the quarter, compared to the consensus estimate of $13.78 billion. Anheuser Busch Inbev had a return on equity of 23.92% and a net margin of 17.63%. The firm’s revenue was down .8% on a year-over-year basis. During the same quarter last year, the company earned $0.82 earnings per share. As a group, research analysts forecast that Anheuser Busch Inbev will post 4.43 EPS for the current year.

A number of large investors have recently bought and sold shares of BUD. Selective Wealth Management Inc. acquired a new position in Anheuser Busch Inbev during the 3rd quarter worth $28,000. Usca Ria LLC acquired a new position in shares of Anheuser Busch Inbev in the 3rd quarter valued at $36,000. Contravisory Investment Management Inc. acquired a new position in shares of Anheuser Busch Inbev in the 3rd quarter valued at $56,000. Lenox Wealth Management Inc. lifted its stake in shares of Anheuser Busch Inbev by 166.3% in the 3rd quarter. Lenox Wealth Management Inc. now owns 671 shares of the consumer goods maker’s stock valued at $63,000 after purchasing an additional 419 shares during the period. Finally, Clarus Wealth Advisors lifted its stake in shares of Anheuser Busch Inbev by 17.1% in the 2nd quarter. Clarus Wealth Advisors now owns 718 shares of the consumer goods maker’s stock valued at $64,000 after purchasing an additional 105 shares during the period. 4.54% of the stock is currently owned by hedge funds and other institutional investors.

About Anheuser Busch Inbev

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.

Featured Story: Bid-Ask Spread

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Anheuser Busch Inbev (NYSE:BUD)

Receive News & Ratings for Anheuser Busch Inbev Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser Busch Inbev and related companies with MarketBeat.com's FREE daily email newsletter.