Anheuser-Busch InBev SA/NV (NYSE:BUD) Rating Increased to Buy at UBS Group

Anheuser-Busch InBev SA/NV (NYSE:BUD) was upgraded by stock analysts at UBS Group from a “neutral” rating to a “buy” rating in a report released on Monday, Briefing.com reports.

Separately, TD Cowen dropped their target price on Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 5th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $72.13.

Anheuser-Busch InBev SA/NV Stock Down 0.3 %

Shares of NYSE BUD opened at $59.06 on Monday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.48 and a current ratio of 0.63. Anheuser-Busch InBev SA/NV has a 1 year low of $51.66 and a 1 year high of $67.49. The stock’s 50-day simple moving average is $61.71 and its 200-day simple moving average is $62.23. The firm has a market cap of $106.14 billion, a price-to-earnings ratio of 24.82, a PEG ratio of 1.39 and a beta of 1.12.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. DAVENPORT & Co LLC boosted its position in Anheuser-Busch InBev SA/NV by 25.9% during the fourth quarter. DAVENPORT & Co LLC now owns 1,507,181 shares of the consumer goods maker’s stock worth $97,415,000 after purchasing an additional 309,977 shares during the period. SG Americas Securities LLC grew its holdings in Anheuser-Busch InBev SA/NV by 232.4% in the 4th quarter. SG Americas Securities LLC now owns 25,052 shares of the consumer goods maker’s stock valued at $1,619,000 after buying an additional 17,516 shares during the last quarter. Capital International Investors increased its position in Anheuser-Busch InBev SA/NV by 0.9% in the 4th quarter. Capital International Investors now owns 2,124,860 shares of the consumer goods maker’s stock worth $137,447,000 after buying an additional 18,280 shares during the period. Simplicity Wealth LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV in the first quarter valued at approximately $1,604,000. Finally, Perpetual Ltd grew its stake in shares of Anheuser-Busch InBev SA/NV by 13.7% in the first quarter. Perpetual Ltd now owns 127,155 shares of the consumer goods maker’s stock worth $7,736,000 after acquiring an additional 15,364 shares during the last quarter. Institutional investors own 5.53% of the company’s stock.

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.