Several other equities analysts have also recently issued reports on BUD. Macquarie reaffirmed a neutral rating on shares of Anheuser Busch Inbev in a report on Monday, October 28th. Zacks Investment Research lowered Anheuser Busch Inbev from a buy rating to a hold rating and set a $99.00 target price on the stock. in a report on Monday, September 2nd. Jefferies Financial Group upgraded Anheuser Busch Inbev to a hold rating and set a $95.00 price target for the company in a research report on Monday, August 12th. Barclays downgraded Anheuser Busch Inbev from an equal weight rating to an underweight rating in a research note on Tuesday, August 27th. Finally, UBS Group downgraded Anheuser Busch Inbev from a buy rating to a neutral rating in a research note on Tuesday, August 6th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of $89.08.
Shares of Anheuser Busch Inbev stock traded down $0.76 during trading on Tuesday, reaching $78.43. The company’s stock had a trading volume of 707,293 shares, compared to its average volume of 1,396,322. The business has a 50 day moving average price of $86.18 and a 200-day moving average price of $89.78. Anheuser Busch Inbev has a 12-month low of $64.54 and a 12-month high of $102.70. The company has a market capitalization of $130.08 billion, a P/E ratio of 22.80, a price-to-earnings-growth ratio of 2.19 and a beta of 1.16. The company has a quick ratio of 0.41, a current ratio of 0.54 and a debt-to-equity ratio of 1.30.
Anheuser Busch Inbev (NYSE:BUD) last announced its quarterly earnings results on Friday, October 25th. The consumer goods maker reported $1.22 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.36 by ($0.14). The company had revenue of $13.17 billion during the quarter, compared to analysts’ expectations of $13.78 billion. Anheuser Busch Inbev had a net margin of 17.63% and a return on equity of 23.92%. The business’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.82 EPS. Research analysts predict that Anheuser Busch Inbev will post 4.3 EPS for the current fiscal year.
The company also recently announced a dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Wednesday, November 20th will be issued a $0.661 dividend. The ex-dividend date is Tuesday, November 19th. Anheuser Busch Inbev’s dividend payout ratio (DPR) is 48.55%.
A number of hedge funds have recently added to or reduced their stakes in BUD. MUFG Americas Holdings Corp boosted its holdings in shares of Anheuser Busch Inbev by 9.5% during the third quarter. MUFG Americas Holdings Corp now owns 20,084 shares of the consumer goods maker’s stock worth $1,912,000 after purchasing an additional 1,739 shares during the last quarter. Checchi Capital Advisers LLC lifted its holdings in shares of Anheuser Busch Inbev by 4.3% during the 3rd quarter. Checchi Capital Advisers LLC now owns 4,945 shares of the consumer goods maker’s stock worth $471,000 after acquiring an additional 204 shares during the period. Miracle Mile Advisors LLC lifted its holdings in shares of Anheuser Busch Inbev by 6.9% during the 3rd quarter. Miracle Mile Advisors LLC now owns 3,921 shares of the consumer goods maker’s stock worth $373,000 after acquiring an additional 252 shares during the period. Everett Harris & Co. CA lifted its holdings in shares of Anheuser Busch Inbev by 3.6% during the 3rd quarter. Everett Harris & Co. CA now owns 223,245 shares of the consumer goods maker’s stock worth $21,242,000 after acquiring an additional 7,709 shares during the period. Finally, Academy Capital Management Inc. TX boosted its position in shares of Anheuser Busch Inbev by 28.0% in the third quarter. Academy Capital Management Inc. TX now owns 358,089 shares of the consumer goods maker’s stock worth $28,922,000 after acquiring an additional 78,312 shares during the last quarter. 4.54% of the stock is owned by hedge funds and other 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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