Anheuser-Busch InBev (NYSE:BUD) received a $127.00 price target from stock analysts at Susquehanna Bancshares in a research report issued on Friday. The brokerage presently has a “buy” rating on the consumer goods maker’s stock. Susquehanna Bancshares’ target price would suggest a potential upside of 34.68% from the company’s previous close.
A number of other equities analysts have also issued reports on the company. Zacks Investment Research raised Anheuser-Busch InBev from a “sell” rating to a “hold” rating in a research note on Friday, February 16th. JPMorgan Chase decreased their price target on Anheuser-Busch InBev from $106.68 to $98.72 and set an “underweight” rating for the company in a research note on Thursday, February 15th. ValuEngine downgraded Anheuser-Busch InBev from a “hold” rating to a “sell” rating in a research report on Monday, April 23rd. Sanford C. Bernstein upgraded Anheuser-Busch InBev from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $115.19 to $132.00 in a research report on Monday, March 12th. Finally, UBS upgraded Anheuser-Busch InBev from a “neutral” rating to a “positive” rating in a research report on Wednesday, February 28th. Five analysts have rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company’s stock. Anheuser-Busch InBev currently has a consensus rating of “Hold” and an average price target of $122.79.
Shares of NYSE BUD opened at $94.30 on Friday. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.66 and a quick ratio of 0.55. The firm has a market cap of $159.88 billion, a price-to-earnings ratio of 23.34, a PEG ratio of 1.95 and a beta of 1.01. Anheuser-Busch InBev has a 1 year low of $92.97 and a 1 year high of $126.50.
Anheuser-Busch InBev (NYSE:BUD) last issued its quarterly earnings results on Wednesday, May 9th. The consumer goods maker reported $0.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.06). The firm had revenue of $13.07 billion for the quarter, compared to the consensus estimate of $12.94 billion. Anheuser-Busch InBev had a net margin of 13.45% and a return on equity of 19.43%. The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.74 earnings per share. equities research analysts forecast that Anheuser-Busch InBev will post 4.72 earnings per share for the current year.
Several large investors have recently made changes to their positions in BUD. Elite Wealth Management Inc. acquired a new stake in shares of Anheuser-Busch InBev during the 4th quarter valued at $341,000. Viking Global Investors LP lifted its holdings in shares of Anheuser-Busch InBev by 82.0% in the fourth quarter. Viking Global Investors LP now owns 2,856,181 shares of the consumer goods maker’s stock valued at $318,636,000 after purchasing an additional 1,287,055 shares in the last quarter. American International Group Inc. purchased a new stake in shares of Anheuser-Busch InBev in the fourth quarter valued at $1,128,000. HS Management Partners LLC purchased a new stake in shares of Anheuser-Busch InBev in the fourth quarter valued at $92,681,000. Finally, Maverick Capital Ltd. lifted its holdings in shares of Anheuser-Busch InBev by 53.0% in the fourth quarter. Maverick Capital Ltd. now owns 2,261,184 shares of the consumer goods maker’s stock valued at $252,258,000 after purchasing an additional 783,554 shares in the last quarter. Institutional investors own 5.94% of the company’s stock.
About Anheuser-Busch InBev
Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It 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, Chernigivske, Cristal, Harbin, Jupiler, Klinskoye, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, Sibirskaya Korona, and Skol.
Receive News & Ratings for Anheuser-Busch InBev Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser-Busch InBev and related companies with MarketBeat.com's FREE daily email newsletter.