Jefferies Group Research Analysts Reduce Earnings Estimates for Anheuser Busch Inbev NV (BUD)

Anheuser Busch Inbev NV (NYSE:BUD) – Stock analysts at Jefferies Group lowered their FY2018 EPS estimates for shares of Anheuser Busch Inbev in a report issued on Thursday. Jefferies Group analyst E. Mundy now expects that the consumer goods maker will post earnings of $5.03 per share for the year, down from their prior estimate of $5.13. Jefferies Group currently has a “Buy” rating and a $134.00 target price on the stock. Jefferies Group also issued estimates for Anheuser Busch Inbev’s FY2019 earnings at $5.58 EPS.

A number of other research analysts also recently issued reports on the company. Zacks Investment Research raised Anheuser Busch Inbev from a “strong sell” rating to a “hold” rating in a report on Friday. Susquehanna Bancshares set a $128.00 price target on Anheuser Busch Inbev and gave the company a “hold” rating in a report on Tuesday, January 2nd. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Anheuser Busch Inbev in a report on Tuesday, December 5th. Finally, Societe Generale downgraded Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a report on Monday, November 6th. Four equities research analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $126.53.

Shares of Anheuser Busch Inbev (BUD) traded up $0.64 during trading hours on Monday, reaching $115.54. The company’s stock had a trading volume of 1,428,700 shares, compared to its average volume of 1,480,000. Anheuser Busch Inbev has a one year low of $103.55 and a one year high of $126.50. The firm has a market capitalization of $197,800.00, a P/E ratio of 43.93, a PEG ratio of 1.47 and a beta of 1.04. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.82 and a quick ratio of 0.71.

Anheuser Busch Inbev (NYSE:BUD) last announced its quarterly earnings results on Thursday, October 26th. The consumer goods maker reported $1.31 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.50 by ($0.19). Anheuser Busch Inbev had a net margin of 9.57% and a return on equity of 16.57%. The company had revenue of $14.74 billion during the quarter, compared to analyst estimates of $15 billion. During the same period in the previous year, the firm posted $0.83 earnings per share. The company’s revenue was up 26.0% compared to the same quarter last year.

Several hedge funds have recently made changes to their positions in the company. Raab & Moskowitz Asset Management LLC raised its stake in shares of Anheuser Busch Inbev by 0.3% during the 2nd quarter. Raab & Moskowitz Asset Management LLC now owns 4,175 shares of the consumer goods maker’s stock worth $484,000 after buying an additional 13 shares during the period. Advisory Services Network LLC raised its stake in shares of Anheuser Busch Inbev by 0.3% during the 2nd quarter. Advisory Services Network LLC now owns 4,632 shares of the consumer goods maker’s stock worth $511,000 after buying an additional 16 shares during the period. Bahl & Gaynor Inc. raised its stake in shares of Anheuser Busch Inbev by 1.2% during the 2nd quarter. Bahl & Gaynor Inc. now owns 2,418 shares of the consumer goods maker’s stock worth $255,000 after buying an additional 28 shares during the period. Moors & Cabot Inc. raised its stake in shares of Anheuser Busch Inbev by 1.3% during the 2nd quarter. Moors & Cabot Inc. now owns 3,616 shares of the consumer goods maker’s stock worth $399,000 after buying an additional 46 shares during the period. Finally, Sandhill Capital Partners LLC raised its stake in shares of Anheuser Busch Inbev by 1.9% during the 2nd quarter. Sandhill Capital Partners LLC now owns 4,136 shares of the consumer goods maker’s stock worth $456,000 after buying an additional 76 shares during the period. 5.67% of the stock is owned by institutional investors and hedge funds.

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About Anheuser Busch Inbev

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.

Earnings History and Estimates for Anheuser Busch Inbev (NYSE:BUD)

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