Anheuser Busch Inbev (BUD) Reaches New 52-Week Low at $71.10

Anheuser Busch Inbev NV (NYSE:BUD) shares reached a new 52-week low during trading on Thursday . The stock traded as low as $71.10 and last traded at $71.61, with a volume of 84258 shares. The stock had previously closed at $74.27.

Several research analysts recently commented on BUD shares. Zacks Investment Research raised shares of Anheuser Busch Inbev from a “sell” rating to a “hold” rating in a research note on Wednesday, September 5th. Jefferies Financial Group downgraded shares of Anheuser Busch Inbev from a “buy” rating to a “hold” rating in a research note on Monday, October 1st. Argus downgraded shares of Anheuser Busch Inbev from a “buy” rating to a “hold” rating in a research note on Monday, November 12th. Guggenheim assumed coverage on shares of Anheuser Busch Inbev in a research note on Thursday, September 13th. They issued a “buy” rating and a $107.00 price target on the stock. Finally, Royal Bank of Canada raised shares of Anheuser Busch Inbev from a “sector perform” rating to an “outperform” rating and set a $102.29 target price on the stock in a research report on Monday, October 29th. They noted that the move was a valuation call. Four equities research analysts have rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $113.26.

The company has a current ratio of 0.67, a quick ratio of 0.53 and a debt-to-equity ratio of 1.47. The stock has a market cap of $122.37 billion, a P/E ratio of 17.52, a PEG ratio of 2.71 and a beta of 1.06.

Anheuser Busch Inbev (NYSE:BUD) last posted its earnings results on Thursday, October 25th. The consumer goods maker reported $0.82 EPS for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.04). The business had revenue of $13.28 billion for the quarter, compared to analysts’ expectations of $13.74 billion. Anheuser Busch Inbev had a net margin of 12.64% and a return on equity of 18.68%. Analysts anticipate that Anheuser Busch Inbev NV will post 4.08 earnings per share for the current year.

The firm also recently announced a semiannual dividend, which will be paid on Friday, December 21st. Shareholders of record on Wednesday, November 28th will be given a dividend of $0.9131 per share. This represents a yield of 2.38%. The ex-dividend date of this dividend is Tuesday, November 27th. Anheuser Busch Inbev’s dividend payout ratio (DPR) is 33.42%.

Several large investors have recently added to or reduced their stakes in BUD. Rehmann Capital Advisory Group boosted its holdings in shares of Anheuser Busch Inbev by 128.1% in the 3rd quarter. Rehmann Capital Advisory Group now owns 1,120 shares of the consumer goods maker’s stock valued at $98,000 after buying an additional 629 shares in the last quarter. Opera Trading Capital bought a new stake in shares of Anheuser Busch Inbev in the 2nd quarter valued at about $101,000. Ayalon Holdings Ltd. bought a new stake in shares of Anheuser Busch Inbev in the 3rd quarter valued at about $121,000. Belpointe Asset Management LLC bought a new stake in shares of Anheuser Busch Inbev in the 3rd quarter valued at about $149,000. Finally, Chicago Partners Investment Group LLC boosted its holdings in shares of Anheuser Busch Inbev by 87.4% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 1,636 shares of the consumer goods maker’s stock valued at $165,000 after buying an additional 763 shares in the last quarter. Institutional investors and hedge funds own 4.43% of the company’s stock.

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Anheuser Busch Inbev Company Profile (NYSE:BUD)

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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