Analysts Anticipate Anheuser-Busch Inbev SA (BUD) to Post $1.19 Earnings Per Share
Equities research analysts expect Anheuser-Busch Inbev SA (NYSE:BUD) to report $1.19 earnings per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Anheuser-Busch Inbev SA’s earnings. Anheuser-Busch Inbev SA reported earnings per share of $0.83 during the same quarter last year, which would indicate a positive year over year growth rate of 43.4%. The company is expected to issue its next earnings report on Friday, October 27th.
On average, analysts expect that Anheuser-Busch Inbev SA will report full year earnings of $4.22 per share for the current year, with EPS estimates ranging from $4.02 to $4.42. For the next financial year, analysts expect that the business will post earnings of $5.14 per share, with EPS estimates ranging from $4.89 to $5.39. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that follow Anheuser-Busch Inbev SA.
Anheuser-Busch Inbev SA (NYSE:BUD) last released its quarterly earnings data on Thursday, July 27th. The consumer goods maker reported $0.95 EPS for the quarter, missing the consensus estimate of $1.14 by $0.19. Anheuser-Busch Inbev SA had a net margin of 7.37% and a return on equity of 13.61%. The business had revenue of $14.18 billion for the quarter, compared to analysts’ expectations of $14.15 billion. During the same period last year, the business earned $1.06 earnings per share. The company’s quarterly revenue was up 31.2% on a year-over-year basis.
Several brokerages recently issued reports on BUD. Stifel Nicolaus reaffirmed a “buy” rating on shares of Anheuser-Busch Inbev SA in a research report on Friday, July 28th. Jefferies Group LLC set a $139.00 target price on Anheuser-Busch Inbev SA and gave the company a “buy” rating in a research report on Saturday, July 29th. BidaskClub raised Anheuser-Busch Inbev SA from a “sell” rating to a “hold” rating in a research report on Monday. Susquehanna Bancshares Inc reaffirmed a “neutral” rating and set a $125.00 target price (up from $111.00) on shares of Anheuser-Busch Inbev SA in a research report on Tuesday. Finally, Zacks Investment Research lowered Anheuser-Busch Inbev SA from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 10th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $128.10.
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Anheuser-Busch Inbev SA (NYSE:BUD) traded up 0.20% during midday trading on Friday, hitting $120.03. The company had a trading volume of 886,687 shares. The stock has a 50 day moving average price of $114.06 and a 200-day moving average price of $111.94. The stock has a market capitalization of $232.10 billion, a PE ratio of 59.84 and a beta of 1.07. Anheuser-Busch Inbev SA has a 52 week low of $98.28 and a 52 week high of $136.08. Anheuser-Busch Inbev SA also saw some unusual options trading on Wednesday. Investors purchased 446 call options on the stock. This is an increase of 120% compared to the average volume of 203 call options.
Institutional investors have recently added to or reduced their stakes in the company. Morgan Stanley boosted its position in Anheuser-Busch Inbev SA by 51.0% in the first quarter. Morgan Stanley now owns 3,892,315 shares of the consumer goods maker’s stock worth $427,221,000 after buying an additional 1,315,414 shares during the last quarter. Laurion Capital Management LP boosted its position in Anheuser-Busch Inbev SA by 504.6% in the first quarter. Laurion Capital Management LP now owns 700,702 shares of the consumer goods maker’s stock worth $76,909,000 after buying an additional 584,802 shares during the last quarter. Clearbridge Investments LLC boosted its position in Anheuser-Busch Inbev SA by 11.3% in the first quarter. Clearbridge Investments LLC now owns 4,938,501 shares of the consumer goods maker’s stock worth $542,050,000 after buying an additional 502,195 shares during the last quarter. BNP Paribas Arbitrage SA boosted its position in Anheuser-Busch Inbev SA by 1,563.2% in the first quarter. BNP Paribas Arbitrage SA now owns 297,341 shares of the consumer goods maker’s stock worth $32,636,000 after buying an additional 279,463 shares during the last quarter. Finally, Haverford Trust Co. boosted its position in Anheuser-Busch Inbev SA by 47.9% in the first quarter. Haverford Trust Co. now owns 837,557 shares of the consumer goods maker’s stock worth $91,930,000 after buying an additional 271,231 shares during the last quarter. 5.28% of the stock is owned by institutional investors.
About Anheuser-Busch Inbev SA
Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.
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