Jefferies Financial Group Reiterates “Buy” Rating for Anheuser-Busch InBev SA/NV (NYSE:BUD)

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating reaffirmed by Jefferies Financial Group in a note issued to investors on Tuesday,MarketScreener reports.

BUD has been the subject of a number of other reports. The Goldman Sachs Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, November 28th. DZ Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, November 7th. Sanford C. Bernstein reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, November 26th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 26th. Finally, Berenberg Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Anheuser-Busch InBev SA/NV presently has an average rating of “Moderate Buy” and a consensus target price of $72.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD opened at $63.23 on Tuesday. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79. The firm has a market cap of $123.47 billion, a PE ratio of 20.66, a P/E/G ratio of 1.67 and a beta of 0.57. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $72.13. The stock has a fifty day moving average price of $62.80 and a 200-day moving average price of $62.92.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.02. The company had revenue of $15.13 billion for the quarter, compared to analyst estimates of $15.28 billion. Anheuser-Busch InBev SA/NV had a return on equity of 16.20% and a net margin of 10.40%.The firm’s quarterly revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.98 EPS. Equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BUD. Vident Advisory LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 1st quarter valued at about $310,000. AQR Capital Management LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 52.9% in the first quarter. AQR Capital Management LLC now owns 9,036 shares of the consumer goods maker’s stock valued at $556,000 after acquiring an additional 3,127 shares during the period. NewEdge Advisors LLC boosted its position in Anheuser-Busch InBev SA/NV by 7.8% in the 1st quarter. NewEdge Advisors LLC now owns 8,869 shares of the consumer goods maker’s stock worth $546,000 after purchasing an additional 642 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in Anheuser-Busch InBev SA/NV by 25.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker’s stock worth $81,151,000 after purchasing an additional 265,783 shares in the last quarter. Finally, Ascent Group LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 11.1% during the 1st quarter. Ascent Group LLC now owns 23,311 shares of the consumer goods maker’s stock worth $1,435,000 after purchasing an additional 2,333 shares during the period. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Company Profile

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.