Anheuser-Busch InBev SA/NV (NYSE:BUD) Stock Rating Lowered by StockNews.com

Posted by on May 3rd, 2023

Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) was downgraded by stock analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.

BUD has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft lowered Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research note on Thursday, January 12th. UBS Group lowered Anheuser-Busch InBev SA/NV from a “neutral” rating to a “sell” rating in a research note on Thursday, January 12th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $64.70.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD stock opened at $63.67 on Wednesday. The stock’s 50-day moving average is $63.16 and its 200 day moving average is $59.20. Anheuser-Busch InBev SA/NV has a 1-year low of $44.51 and a 1-year high of $67.09. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.67 and a quick ratio of 0.48. The company has a market cap of $110.59 billion, a P/E ratio of 21.51, a PEG ratio of 1.92 and a beta of 1.24.

Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) last posted its earnings results on Thursday, March 2nd. The consumer goods maker reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.26. Anheuser-Busch InBev SA/NV had a return on equity of 15.46% and a net margin of 10.33%. The company had revenue of $14.67 billion for the quarter, compared to analyst estimates of $15.19 billion. Research analysts predict that Anheuser-Busch InBev SA/NV will post 3.24 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

A number of institutional investors and hedge funds have recently modified their holdings of the company. Venturi Wealth Management LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 10.5% during the first quarter. Venturi Wealth Management LLC now owns 12,732 shares of the consumer goods maker’s stock worth $850,000 after purchasing an additional 1,206 shares during the period. SageView Advisory Group LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the first quarter worth about $1,303,000. GenTrust LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the first quarter worth about $287,000. PDS Planning Inc acquired a new position in Anheuser-Busch InBev SA/NV in the first quarter valued at approximately $220,000. Finally, Fisher Asset Management LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 2.0% in the first quarter. Fisher Asset Management LLC now owns 9,648,869 shares of the consumer goods maker’s stock valued at $643,869,000 after acquiring an additional 190,516 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Company Profile

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Anheuser-Busch InBev SA/NV operates as a holding company, which engages in the manufacture and distribution of alcoholic and non-alcoholic beverages. It operates through the following geographical segments: North America, Middle Americas, South America, EMEA, Asia Pacific, and Global Export and Holding Companies.

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Analyst Recommendations for Anheuser-Busch InBev SA/NV (NYSE:BUD)

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