Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives $77.67 Consensus Price Target from Brokerages

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have received a consensus recommendation of “Moderate Buy” from the sixteen brokerages that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation, twelve have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $77.6667.

Several research firms recently commented on BUD. Kepler Capital Markets lowered Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. Deutsche Bank Aktiengesellschaft reiterated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, January 9th. Jefferies Financial Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, January 6th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, November 26th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, November 28th.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD opened at $71.27 on Friday. 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 has a 1-year low of $47.89 and a 1-year high of $72.13. The business has a 50 day simple moving average of $64.86 and a two-hundred day simple moving average of $62.90. The stock has a market capitalization of $139.16 billion, a PE ratio of 23.29, a P/E/G ratio of 1.46 and a beta of 0.57.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a return on equity of 16.20% and a net margin of 10.40%.The firm had revenue of $15.13 billion during the quarter, compared to the consensus estimate of $15.28 billion. During the same period in the prior year, the company earned $0.98 EPS. The company’s quarterly revenue was up .6% compared to the same quarter last year. On average, research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, December 17th. Shareholders of record on Wednesday, November 19th were given a dividend of $0.1722 per share. This represents a dividend yield of 57.0%. The ex-dividend date was Wednesday, November 19th. Anheuser-Busch InBev SA/NV’s payout ratio is 7.84%.

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

Institutional investors and hedge funds have recently modified their holdings of the business. M&T Bank Corp grew its position in Anheuser-Busch InBev SA/NV by 14.3% in the 4th quarter. M&T Bank Corp now owns 5,909 shares of the consumer goods maker’s stock valued at $378,000 after acquiring an additional 740 shares during the last quarter. Quent Capital LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at $301,000. Concurrent Investment Advisors LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 56.3% during the fourth quarter. Concurrent Investment Advisors LLC now owns 11,022 shares of the consumer goods maker’s stock valued at $706,000 after purchasing an additional 3,969 shares during the period. Outfitters Financial LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 1.6% in the fourth quarter. Outfitters Financial LLC now owns 21,655 shares of the consumer goods maker’s stock worth $1,387,000 after purchasing an additional 345 shares during the last quarter. Finally, Quent Long Short Global Small Cap Fund LP purchased a new position in Anheuser-Busch InBev SA/NV in the 4th quarter worth about $301,000. 5.53% of the stock is owned by institutional investors.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.