Equities analysts expect that Anheuser Busch Inbev NV (NYSE:BUD) will announce earnings per share of $1.10 for the current quarter, Zacks reports. Two analysts have issued estimates for Anheuser Busch Inbev’s earnings. Anheuser Busch Inbev reported earnings of $0.43 per share in the same quarter last year, which would indicate a positive year over year growth rate of 155.8%. The firm is expected to announce its next earnings report before the market opens on Thursday, March 1st.
On average, analysts expect that Anheuser Busch Inbev will report full year earnings of $4.02 per share for the current year, with EPS estimates ranging from $3.92 to $4.10. For the next year, analysts forecast that the business will report earnings of $5.18 per share, with EPS estimates ranging from $4.99 to $5.52. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Anheuser Busch Inbev.
A number of brokerages recently weighed in on BUD. JPMorgan Chase & Co. decreased their price target on shares of Anheuser Busch Inbev from $106.68 to $98.72 and set an “underweight” rating for the company in a research report on Thursday. Zacks Investment Research raised shares of Anheuser Busch Inbev from a “sell” rating to a “hold” rating in a research report on Friday. Susquehanna Bancshares set a $129.00 price target on shares of Anheuser Busch Inbev and gave the stock a “hold” rating in a research report on Wednesday, October 25th. Societe Generale cut shares of Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a research report on Monday, November 6th. Finally, Deutsche Bank raised shares of Anheuser Busch Inbev from a “hold” rating to a “buy” rating in a research report on Wednesday, January 17th. Four analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. Anheuser Busch Inbev has an average rating of “Hold” and a consensus price target of $123.05.
Shares of Anheuser Busch Inbev (NYSE BUD) traded up $1.46 during trading on Monday, reaching $106.12. 1,805,100 shares of the company were exchanged, compared to its average volume of 2,019,042. The company has a current ratio of 0.82, a quick ratio of 0.71 and a debt-to-equity ratio of 1.30. Anheuser Busch Inbev has a 12-month low of $101.21 and a 12-month high of $126.50. The stock has a market cap of $179,686.84, a PE ratio of 39.01, a price-to-earnings-growth ratio of 1.32 and a beta of 1.03.
Large investors have recently bought and sold shares of the business. Goodwin Daniel L purchased a new position in Anheuser Busch Inbev in the 4th quarter valued at about $892,000. Fieldpoint Private Securities LLC boosted its position in Anheuser Busch Inbev by 332.7% in the 3rd quarter. Fieldpoint Private Securities LLC now owns 2,380 shares of the consumer goods maker’s stock valued at $284,000 after buying an additional 1,830 shares during the last quarter. Port Capital LLC purchased a new position in Anheuser Busch Inbev in the 4th quarter valued at about $5,610,000. US Bancorp DE boosted its position in Anheuser Busch Inbev by 2.3% in the 4th quarter. US Bancorp DE now owns 237,068 shares of the consumer goods maker’s stock valued at $26,447,000 after buying an additional 5,412 shares during the last quarter. Finally, Adviser Investments LLC purchased a new position in Anheuser Busch Inbev in the 3rd quarter valued at about $298,000. 5.58% of the stock is owned by institutional investors.
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About Anheuser Busch Inbev
Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.
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