In yesterday’s Wall Street session, Anheuser-Busch InBev SA/NV (NYSE:BUD) shares traded at $58.55, down -0.31% from the previous session.
29 analysts cover Anheuser-Busch InBev SA/NV (NYSE:BUD), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $76.00 and a low of $60.00, we find $68.50. Given the previous closing price of $58.73, this indicates a potential upside of 16.64 percent. BUD stock price is now 2.29% away from the 50-day moving average and 0.75% away from the 200-day moving average. The market capitalization of the company currently stands at $102.36B.
The stock has received a hold rating from 8 analysts and a buy rating from 15. Brokers who have rated the stock have averaged $67.28 as their price target over the next twelve months.
With the price target enhanced from $64 to $68.50, Morgan Stanley Upgraded its rating from Equal-Weight to Overweight for Anheuser-Busch InBev SA/NV (NYSE: BUD).
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 MARSHALL WACE, LLP during the first quarter worth $4,479,000. CAPITAL FUND MANAGEMENT S.A. invested $3,398,000 in shares of BUD during the first quarter. In the first quarter, Y-INTERCEPT (HONG KONG) LTD acquired a new stake in Anheuser-Busch InBev SA/NV valued at approximately $3,275,000. AYRSHIRE CAPITAL MANAGEMENT LLC acquired a new stake in BUD for approximately $3,267,000. SUSQUEHANNA INTERNATIONAL GROUP, LLP purchased a new stake in BUD valued at around $3,167,000 in the second quarter. In total, there are 565 active investors with 6.80% ownership of the company’s stock.
On Friday morning Anheuser-Busch InBev SA/NV (NYSE: BUD) stock kicked off with the opening price of $58.73. During the past 12 months, Anheuser-Busch InBev SA/NV has had a low of $44.51 and a high of $67.09. As of last week, the company has a debt-to-equity ratio of 1.09, a current ratio of 0.70, and a quick ratio of 0.50. According to the stock market information, the enterprise value for the company is $186.32B, which is based on a 16.09 price-to-earnings ratio, a 1.13 price-to-earnings-growth ratio, and a beta of 1.25. The fifty day moving average price for BUD is $57.14 and a two-hundred day moving average price translates $58.18 for the stock.
The latest earnings results from Anheuser-Busch InBev SA/NV (NYSE: BUD) was released for Mar, 2023. According to the Beverages – Brewers Company, earnings per share came in at $0.65, beating analysts’ expectations of $0.62 by 0.03. This compares to $0.25 EPS in the same period last year. The net profit margin was 12.80% and return on equity was 10.60% for BUD. The company reported revenue of $14.21 billion for the quarter, compared to $13.23 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.39 percent. For the current quarter, analysts expect BUD to generate $15.54B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 06/08/2023. Investors who held shares on 05/04/2023 were paid a $0.824475 dividend. On an annualized basis, this represents a $0.82 dividend and a 1.41% percent yield. There was an ex-dividend date of 05/03/2023 for this dividend. In terms of dividend payout ratio, BUD is presently at 15.00%.
Anheuser-Busch InBev SA/NV(BUD) Company Profile
Anheuser-Busch InBev SA/NV produces, distributes, 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. The company was founded in 1366 and is headquartered in Leuven, Belgium.
