Jefferies Financial Group Reaffirms “Buy” Rating for Anheuser-Busch InBev SA/NV (NYSE:BUD)

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating reaffirmed by analysts at Jefferies Financial Group in a research note issued on Monday,MarketScreener reports.

BUD has been the topic of several other reports. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, October 30th. JPMorgan Chase & Co. restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 26th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, November 26th. Barclays reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, October 31st. Finally, DZ Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $72.00.

Anheuser-Busch InBev SA/NV Trading Down 0.0%

Shares of NYSE:BUD opened at $60.50 on Monday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64. The stock’s 50-day moving average is $61.45 and its 200-day moving average is $63.82. The company has a market cap of $118.13 billion, a P/E ratio of 19.77, a P/E/G ratio of 1.78 and a beta of 0.58. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.02. The business had revenue of $15.13 billion during the quarter, compared to analysts’ expectations of $15.28 billion. Anheuser-Busch InBev SA/NV had a return on equity of 16.20% and a net margin of 10.40%.The firm’s revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.98 EPS. Equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of institutional investors have recently modified their holdings of the business. PNC Financial Services Group Inc. raised its holdings in shares of Anheuser-Busch InBev SA/NV by 5.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 21,365 shares of the consumer goods maker’s stock valued at $1,315,000 after acquiring an additional 1,097 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Anheuser-Busch InBev SA/NV by 88.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 79,511 shares of the consumer goods maker’s stock valued at $4,895,000 after buying an additional 37,356 shares during the period. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 1st quarter worth approximately $1,182,000. Russell Investments Group Ltd. increased its position in Anheuser-Busch InBev SA/NV by 165.9% during the 1st quarter. Russell Investments Group Ltd. now owns 6,826 shares of the consumer goods maker’s stock valued at $420,000 after purchasing an additional 4,259 shares during the period. Finally, Vestmark Advisory Solutions Inc. increased its position in shares of Anheuser-Busch InBev SA/NV by 102.2% during the first quarter. Vestmark Advisory Solutions Inc. now owns 42,758 shares of the consumer goods maker’s stock valued at $2,632,000 after buying an additional 21,609 shares during the period. 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.