Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives $72.13 Average Target Price from Analysts

Anheuser-Busch InBev SA/NV (NYSE:BUD) has earned an average rating of “Moderate Buy” from the nine research firms that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $72.13.

A number of equities research analysts have weighed in on the company. UBS Group upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research note on Monday, June 24th. TD Cowen decreased their price target on shares of Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating for the company in a research note on Tuesday, March 5th.

Anheuser-Busch InBev SA/NV Trading Down 1.5 %

NYSE BUD opened at $58.15 on Thursday. The firm’s fifty day moving average price is $61.88 and its 200 day moving average price is $62.12. Anheuser-Busch InBev SA/NV has a 12 month low of $51.66 and a 12 month high of $67.49. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.63 and a quick ratio of 0.48. The company has a market capitalization of $104.51 billion, a price-to-earnings ratio of 24.43, a price-to-earnings-growth ratio of 1.38 and a beta of 1.12.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Wednesday, May 8th. The consumer goods maker reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.06. Anheuser-Busch InBev SA/NV had a return on equity of 14.01% and a net margin of 8.03%. The company had revenue of $14.55 billion for the quarter, compared to analyst estimates of $14.43 billion. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.65 earnings per share. On average, sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.42 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The firm also recently announced an annual dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, May 6th were given a dividend of $0.8722 per share. This is a boost from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. The ex-dividend date of this dividend was Friday, May 3rd. This represents a yield of 1.1%. Anheuser-Busch InBev SA/NV’s payout ratio is presently 27.31%.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of institutional investors have recently modified their holdings of BUD. LPL Financial LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 8.4% during the 3rd quarter. LPL Financial LLC now owns 136,140 shares of the consumer goods maker’s stock worth $7,528,000 after purchasing an additional 10,566 shares during the period. Mariner LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 14.8% during the 3rd quarter. Mariner LLC now owns 34,680 shares of the consumer goods maker’s stock valued at $1,918,000 after acquiring an additional 4,477 shares during the period. Northern Trust Corp grew its holdings in shares of Anheuser-Busch InBev SA/NV by 12.4% in the 3rd quarter. Northern Trust Corp now owns 582,202 shares of the consumer goods maker’s stock worth $32,196,000 after acquiring an additional 64,234 shares during the period. Cary Street Partners Investment Advisory LLC increased its stake in Anheuser-Busch InBev SA/NV by 125.4% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 629 shares of the consumer goods maker’s stock valued at $35,000 after purchasing an additional 350 shares in the last quarter. Finally, Natixis Advisors L.P. raised its holdings in Anheuser-Busch InBev SA/NV by 9.6% during the third quarter. Natixis Advisors L.P. now owns 154,850 shares of the consumer goods maker’s stock worth $8,563,000 after purchasing an additional 13,608 shares during the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Company Profile

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.