The stock of Anheuser-Busch InBev SA/NV (NYSE:BUD) last traded at $60.38, up 0.70% from the previous session.
Data from the available sources indicates that Anheuser-Busch InBev SA/NV (NYSE:BUD) is covered by 30 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $70.00 and a low of $53.50, we find $60.00. Given the previous closing price of $59.96, this indicates a potential upside of 0.07 percent. BUD stock price is now 9.50% away from the 50-day moving average and 11.43% away from the 200-day moving average. The market capitalization of the company currently stands at $104.75B.
In total, 8 analysts have assigned it a hold rating, and 18 have given it a buy rating. Brokers who have rated the stock have averaged $61.36 as their price target over the next twelve months.
On November 28, 2022, JP Morgan Upgraded its previous ‘Underweight’ rating to ‘Overweight’ on the stock increasing its target price from $45 to quote $70, while ‘Jefferies’ rates the stock as ‘Hold’.
A total of 53.90% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in BUD stock. A new stake in Anheuser-Busch InBev SA/NV shares was purchased by OLD MISSION CAPITAL, LLC during the first quarter worth $13,571,000. ALERUS FINANCIAL NA invested $11,641,000 in shares of BUD during the first quarter. In the first quarter, CAUSEWAY CAPITAL MANAGEMENT LLC acquired a new stake in Anheuser-Busch InBev SA/NV valued at approximately $7,916,000. TREXQUANT INVESTMENT LP acquired a new stake in BUD for approximately $4,555,000. CAPRICORN FUND MANAGERS LTD purchased a new stake in BUD valued at around $4,085,000 in the second quarter. In total, there are 549 active investors with 6.80% ownership of the company’s stock.
With an opening price of $60.50 on Thursday morning, Anheuser-Busch InBev SA/NV (NYSE: BUD) set off the trading day. During the past 12 months, Anheuser-Busch InBev SA/NV has had a low of $44.51 and a high of $67.91. As of last week, the company has a debt-to-equity ratio of 1.17, a current ratio of 0.70, and a quick ratio of 0.50. The fifty day moving average price for BUD is $55.14 and a two-hundred day moving average price translates $54.19 for the stock.
The latest earnings results from Anheuser-Busch InBev SA/NV (NYSE: BUD) was released for Jun, 2022. According to the Beverages – Brewers Company, earnings per share came in at $0.84, beating analysts’ expectations of $0.77 by 0.07. This compares to $0.33 EPS in the same period last year. The net profit margin was 8.90% and return on equity was 7.30% for BUD. The company reported revenue of $15.09 billion for the quarter, compared to $14.27 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.72 percent. For the current quarter, analysts expect BUD to generate $15.15B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 06/02/2022. Investors who held shares on 05/04/2022 were paid a $0.527563 dividend. On an annualized basis, this represents a $1.13 dividend and a 1.87% percent yield. There was an ex-dividend date of 05/03/2022 for this dividend.
Anheuser-Busch InBev SA/NV(BUD) Company Profile
Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. 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. The company was founded in 1366 and is headquartered in Leuven, Belgium.