Anheuser-Busch InBev SA/NV (NYSE:BUD) Earns Buy Rating from Sanford C. Bernstein

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating reissued by stock analysts at Sanford C. Bernstein in a report released on Tuesday,MarketScreener reports.

A number of other equities research analysts have also recently issued reports on BUD. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, October 10th. The Goldman Sachs Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 25th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, October 8th. Morningstar upgraded Anheuser-Busch InBev SA/NV to a “buy” rating in a research note on Thursday, September 18th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, October 10th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has an average rating of “Moderate Buy” and an average target price of $71.00.

Anheuser-Busch InBev SA/NV Trading Down 0.1%

BUD stock opened at $61.80 on Tuesday. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $72.13. The stock has a market cap of $120.66 billion, a price-to-earnings ratio of 17.36, a price-to-earnings-growth ratio of 1.76 and a beta of 0.76. The company has a fifty day moving average price of $60.42 and a two-hundred day moving average price of $64.59. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. The company’s quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.90 earnings per share. Equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 27.0% in the 1st quarter. GAMMA Investing LLC now owns 1,158 shares of the consumer goods maker’s stock valued at $71,000 after purchasing an additional 246 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Anheuser-Busch InBev SA/NV by 1.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 35,879 shares of the consumer goods maker’s stock valued at $2,209,000 after buying an additional 360 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in Anheuser-Busch InBev SA/NV by 6.0% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 41,213 shares of the consumer goods maker’s stock valued at $2,537,000 after acquiring an additional 2,322 shares during the last quarter. Oppenheimer Asset Management Inc. grew its position in Anheuser-Busch InBev SA/NV by 25.9% in the first quarter. Oppenheimer Asset Management Inc. now owns 56,492 shares of the consumer goods maker’s stock valued at $3,478,000 after acquiring an additional 11,611 shares during the last quarter. Finally, Oppenheimer & Co. Inc. acquired a new position in Anheuser-Busch InBev SA/NV during the first quarter worth about $230,000. 5.53% of the stock is currently owned by institutional investors and hedge funds.

About Anheuser-Busch InBev SA/NV

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.