Analysts Anticipate Anheuser-Busch InBev (BUD) to Post $1.15 EPS

Analysts predict that Anheuser-Busch InBev (NYSE:BUD) will post earnings of $1.15 per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Anheuser-Busch InBev’s earnings, with estimates ranging from $1.12 to $1.18. Anheuser-Busch InBev posted earnings of $0.95 per share during the same quarter last year, which would suggest a positive year over year growth rate of 21.1%. The firm is expected to report its next quarterly earnings results on Thursday, July 26th.

On average, analysts expect that Anheuser-Busch InBev will report full-year earnings of $4.72 per share for the current financial year, with EPS estimates ranging from $4.60 to $4.90. For the next financial year, analysts forecast that the company will report earnings of $5.47 per share, with EPS estimates ranging from $5.26 to $5.58. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that follow Anheuser-Busch InBev.

Anheuser-Busch InBev (NYSE:BUD) last issued its earnings results on Wednesday, May 9th. The consumer goods maker reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.06). The firm had revenue of $13.07 billion during the quarter, compared to analysts’ expectations of $12.94 billion. Anheuser-Busch InBev had a return on equity of 19.43% and a net margin of 13.45%. The firm’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period last year, the firm posted $0.74 earnings per share.

Several brokerages have issued reports on BUD. Sanford C. Bernstein set a $122.00 target price on shares of Anheuser-Busch InBev and gave the stock a “buy” rating in a report on Thursday, May 10th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $124.00 target price on shares of Anheuser-Busch InBev in a report on Thursday, April 19th. Societe Generale raised shares of Anheuser-Busch InBev from a “sell” rating to a “hold” rating in a report on Friday, March 2nd. Zacks Investment Research upgraded shares of Anheuser-Busch InBev from a “sell” rating to a “hold” rating in a research note on Friday, February 16th. Finally, Susquehanna Bancshares set a $127.00 price target on shares of Anheuser-Busch InBev and gave the stock a “buy” rating in a research note on Friday. Five research analysts have rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $122.79.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Elite Wealth Management Inc. purchased a new position in shares of Anheuser-Busch InBev in the 4th quarter valued at approximately $341,000. Viking Global Investors LP raised its stake in shares of Anheuser-Busch InBev by 82.0% in the 4th quarter. Viking Global Investors LP now owns 2,856,181 shares of the consumer goods maker’s stock worth $318,636,000 after buying an additional 1,287,055 shares in the last quarter. American International Group Inc. bought a new stake in shares of Anheuser-Busch InBev in the 4th quarter worth $1,128,000. HS Management Partners LLC acquired a new position in shares of Anheuser-Busch InBev in the 4th quarter worth $92,681,000. Finally, Maverick Capital Ltd. grew its holdings in shares of Anheuser-Busch InBev by 53.0% in the 4th quarter. Maverick Capital Ltd. now owns 2,261,184 shares of the consumer goods maker’s stock worth $252,258,000 after acquiring an additional 783,554 shares during the last quarter. Institutional investors own 5.94% of the company’s stock.

Anheuser-Busch InBev stock traded down $0.12 during trading hours on Tuesday, hitting $94.30. The stock had a trading volume of 1,632,280 shares, compared to its average volume of 2,960,677. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.55 and a current ratio of 0.66. The stock has a market capitalization of $159.67 billion, a PE ratio of 23.34, a price-to-earnings-growth ratio of 1.94 and a beta of 1.01. Anheuser-Busch InBev has a 12-month low of $92.97 and a 12-month high of $126.50.

The firm also recently announced a semiannual dividend, which will be paid on Wednesday, May 30th. Investors of record on Wednesday, May 2nd will be given a dividend of $2.4784 per share. This represents a yield of 4.72%. This is a positive change from Anheuser-Busch InBev’s previous semiannual dividend of $1.85. The ex-dividend date of this dividend is Tuesday, May 1st. Anheuser-Busch InBev’s payout ratio is 95.54%.

About Anheuser-Busch InBev

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Chernigivske, Cristal, Harbin, Jupiler, Klinskoye, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, Sibirskaya Korona, and Skol.

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

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