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Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives Consensus Recommendation of "Hold" From Analysts

Defense World ·  Jan 19, 2023 01:32

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) have been assigned a consensus rating of "Hold" from the fourteen brokerages that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, four have given a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $64.60.

BUD has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised Anheuser-Busch InBev SA/NV from an "underweight" rating to an "overweight" rating and boosted their price objective for the stock from $45.00 to $70.00 in a research note on Monday, November 28th. They noted that the move was a valuation call. Morgan Stanley lowered their price objective on Anheuser-Busch InBev SA/NV from €54.00 ($58.70) to €52.00 ($56.52) and set an "equal weight" rating on the stock in a research note on Tuesday, October 11th. Deutsche Bank Aktiengesellschaft lowered Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Thursday, January 12th. Jefferies Financial Group lowered Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating and decreased their price target for the company from $68.00 to $54.00 in a research note on Monday, September 26th. Finally, StockNews.com lowered Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Friday, November 11th.

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

Several large investors have recently bought and sold shares of the stock. CAPROCK Group Inc. increased its holdings in Anheuser-Busch InBev SA/NV by 2.2% during the 2nd quarter. CAPROCK Group Inc. now owns 8,993 shares of the consumer goods maker's stock worth $485,000 after purchasing an additional 192 shares during the period. Keystone Financial Group increased its holdings in Anheuser-Busch InBev SA/NV by 2.3% during the 2nd quarter. Keystone Financial Group now owns 9,054 shares of the consumer goods maker's stock worth $488,000 after purchasing an additional 200 shares during the period. Tyler Stone Wealth Management increased its holdings in Anheuser-Busch InBev SA/NV by 7.1% during the 2nd quarter. Tyler Stone Wealth Management now owns 3,000 shares of the consumer goods maker's stock worth $162,000 after purchasing an additional 200 shares during the period. MUFG Americas Holdings Corp increased its holdings in Anheuser-Busch InBev SA/NV by 6.1% during the 3rd quarter. MUFG Americas Holdings Corp now owns 3,527 shares of the consumer goods maker's stock worth $159,000 after purchasing an additional 202 shares during the period. Finally, CWM LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 5.9% in the 2nd quarter. CWM LLC now owns 3,657 shares of the consumer goods maker's stock valued at $197,000 after acquiring an additional 205 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Stock Down 2.9 %

Shares of BUD opened at $59.29 on Thursday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.47 and a current ratio of 0.67. Anheuser-Busch InBev SA/NV has a one year low of $44.51 and a one year high of $66.51. The stock has a market capitalization of $117.39 billion, a price-to-earnings ratio of 23.43, a PEG ratio of 2.05 and a beta of 1.23. The stock has a 50 day moving average price of $58.80 and a 200 day moving average price of $53.46.

Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) last released its quarterly earnings data on Thursday, October 27th. The consumer goods maker reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.78 by $0.03. The company had revenue of $15.09 billion for the quarter, compared to analyst estimates of $15.12 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.51% and a net margin of 8.88%. Equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.05 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Company Profile

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Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. 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.

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