Anheuser-Busch InBev SA/NV (NYSE:BUD) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Anheuser-Busch InBev SA/NV (NYSE:BUD) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $66.12 and traded as high as $68.46. Anheuser-Busch InBev SA/NV shares last traded at $67.62, with a volume of 1,745,995 shares.

Analysts Set New Price Targets

Several analysts recently commented on the company. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, February 12th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 6th. Jefferies Financial Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, February 12th. Wells Fargo & Company raised their price target on Anheuser-Busch InBev SA/NV from $75.00 to $85.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Finally, Barclays restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $86.50.

Anheuser-Busch InBev SA/NV Trading Down 0.5%

The company has a quick ratio of 0.57, a current ratio of 0.72 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $131.89 billion, a P/E ratio of 19.66, a PEG ratio of 1.15 and a beta of 0.54. The firm’s 50-day simple moving average is $73.81 and its 200 day simple moving average is $66.12.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 11.53% and a return on equity of 15.67%. The company had revenue of $15.56 billion for the quarter, compared to analysts’ expectations of $15.48 billion. During the same quarter in the previous year, the company posted $0.88 EPS. The business’s revenue was up 6.2% compared to the same quarter last year. Equities research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Bogart Wealth LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 3,800.0% in the fourth quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after buying an additional 380 shares in the last quarter. Birchwood Financial Partners Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth $26,000. Salomon & Ludwin LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 494.7% in the 3rd quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker’s stock worth $27,000 after acquiring an additional 371 shares during the last quarter. Parkside Financial Bank & Trust grew its holdings in shares of Anheuser-Busch InBev SA/NV by 79.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock worth $32,000 after acquiring an additional 220 shares during the last quarter. Finally, Mather Group LLC. acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the third quarter worth $34,000. Institutional investors and hedge funds own 5.53% of the company’s stock.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.