Anheuser-Busch InBev SA/NV (NYSE:BUD) Reaches New 1-Year High – Should You Buy?

Anheuser-Busch InBev SA/NV (NYSE:BUD)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $83.08 and last traded at $82.6850, with a volume of 582943 shares traded. The stock had previously closed at $81.91.

Analyst Upgrades and Downgrades

BUD has been the subject of several recent analyst reports. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, May 7th. Berenberg Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, May 6th. Wells Fargo & Company lifted their price objective on shares of Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Finally, Barclays reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Moderate Buy” and an average target price of $93.42.

Anheuser-Busch InBev SA/NV Price Performance

The company’s 50 day moving average is $74.07 and its 200 day moving average is $70.08. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $161.63 billion, a price-to-earnings ratio of 22.65, a price-to-earnings-growth ratio of 1.34 and a beta of 0.57.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 12.26%. The firm had revenue of $15.27 billion for the quarter. Research analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.27 EPS for the current fiscal year.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Balanced Rock Investment Advisors LLC increased its stake in Anheuser-Busch InBev SA/NV by 1.4% in the fourth quarter. Balanced Rock Investment Advisors LLC now owns 9,185 shares of the consumer goods maker’s stock valued at $588,000 after purchasing an additional 130 shares during the period. Persium Advisors LLC increased its stake in Anheuser-Busch InBev SA/NV by 1.4% in the first quarter. Persium Advisors LLC now owns 10,890 shares of the consumer goods maker’s stock valued at $755,000 after purchasing an additional 152 shares during the period. Fifth Third Bancorp increased its stake in Anheuser-Busch InBev SA/NV by 19.0% in the first quarter. Fifth Third Bancorp now owns 1,029 shares of the consumer goods maker’s stock valued at $71,000 after purchasing an additional 164 shares during the period. Brucke Financial Inc. increased its stake in Anheuser-Busch InBev SA/NV by 2.9% in the fourth quarter. Brucke Financial Inc. now owns 6,235 shares of the consumer goods maker’s stock valued at $399,000 after purchasing an additional 178 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Anheuser-Busch InBev SA/NV by 0.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 46,080 shares of the consumer goods maker’s stock valued at $2,747,000 after purchasing an additional 189 shares during the period. 5.53% of the stock is currently 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.