Anheuser-Busch Inbev SA (NYSE:BUD) – Jefferies Group reduced their FY2017 earnings per share estimates for Anheuser-Busch Inbev SA in a research note issued on Wednesday. Jefferies Group analyst E. Mundy now expects that the consumer goods maker will post earnings of $4.30 per share for the year, down from their prior estimate of $4.38. Jefferies Group currently has a “Buy” rating and a $139.00 target price on the stock. Jefferies Group also issued estimates for Anheuser-Busch Inbev SA’s FY2018 earnings at $5.05 EPS and FY2019 earnings at $5.55 EPS.

Anheuser-Busch Inbev SA (NYSE:BUD) last announced its quarterly earnings data on Thursday, July 27th. The consumer goods maker reported $0.95 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.14 by ($0.19). The company had revenue of $14.18 billion during the quarter, compared to the consensus estimate of $14.15 billion. Anheuser-Busch Inbev SA had a net margin of 7.37% and a return on equity of 13.61%. Anheuser-Busch Inbev SA’s revenue was up 31.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.06 EPS.

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A number of other research firms have also weighed in on BUD. Susquehanna Bancshares Inc set a $111.00 target price on shares of Anheuser-Busch Inbev SA and gave the stock a “hold” rating in a report on Thursday, July 27th. BidaskClub lowered shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a report on Wednesday, June 14th. Argus started coverage on shares of Anheuser-Busch Inbev SA in a report on Friday, September 8th. They issued a “buy” rating and a $136.00 target price on the stock. Zacks Investment Research upgraded shares of Anheuser-Busch Inbev SA from a “hold” rating to a “buy” rating and set a $128.00 target price on the stock in a report on Wednesday, July 19th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $140.00 target price (up previously from $134.00) on shares of Anheuser-Busch Inbev SA in a report on Friday, June 23rd. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and ten have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $126.81.

Anheuser-Busch Inbev SA (NYSE:BUD) opened at 122.58 on Friday. The company has a market cap of $237.03 billion, a PE ratio of 61.11 and a beta of 1.07. Anheuser-Busch Inbev SA has a one year low of $98.28 and a one year high of $129.09. The stock has a 50 day moving average price of $118.76 and a 200 day moving average price of $115.61.

Several institutional investors have recently added to or reduced their stakes in the company. Franklin Resources Inc. grew its position in shares of Anheuser-Busch Inbev SA by 0.8% during the 2nd quarter. Franklin Resources Inc. now owns 8,950,919 shares of the consumer goods maker’s stock valued at $987,823,000 after acquiring an additional 70,245 shares during the period. Fisher Asset Management LLC grew its position in shares of Anheuser-Busch Inbev SA by 1.0% during the 2nd quarter. Fisher Asset Management LLC now owns 5,707,561 shares of the consumer goods maker’s stock valued at $629,886,000 after acquiring an additional 57,541 shares during the period. Clearbridge Investments LLC grew its position in shares of Anheuser-Busch Inbev SA by 11.3% during the 1st quarter. Clearbridge Investments LLC now owns 4,938,501 shares of the consumer goods maker’s stock valued at $542,050,000 after acquiring an additional 502,195 shares during the period. Morgan Stanley grew its position in shares of Anheuser-Busch Inbev SA by 51.0% during the 1st quarter. Morgan Stanley now owns 3,892,315 shares of the consumer goods maker’s stock valued at $427,221,000 after acquiring an additional 1,315,414 shares during the period. Finally, The Manufacturers Life Insurance Company grew its position in shares of Anheuser-Busch Inbev SA by 12.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,170,017 shares of the consumer goods maker’s stock valued at $349,844,000 after acquiring an additional 352,595 shares during the period. 5.49% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch Inbev SA Company Profile

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.

Earnings History and Estimates for Anheuser-Busch Inbev SA (NYSE:BUD)

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