Zacks: Analysts Anticipate Anheuser Busch Inbev NV (BUD) to Post $1.26 EPS

Analysts expect Anheuser Busch Inbev NV (NYSE:BUD) to report $1.26 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Anheuser Busch Inbev’s earnings. The highest EPS estimate is $1.30 and the lowest is $1.21. Anheuser Busch Inbev reported earnings per share of $0.43 in the same quarter last year, which would suggest a positive year-over-year growth rate of 193%. The business is scheduled to report its next earnings report on Thursday, March 1st.

On average, analysts expect that Anheuser Busch Inbev will report full year earnings of $4.22 per share for the current fiscal year, with EPS estimates ranging from $4.10 to $4.30. For the next fiscal year, analysts expect that the company will report earnings of $5.18 per share, with EPS estimates ranging from $4.93 to $5.62. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that that provide coverage for Anheuser Busch Inbev.

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

Several analysts have weighed in on BUD shares. J P Morgan Chase & Co reissued an “underweight” rating on shares of Anheuser Busch Inbev in a research note on Tuesday, December 5th. Societe Generale downgraded shares of Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a research note on Monday, November 6th. Berenberg Bank reissued a “buy” rating on shares of Anheuser Busch Inbev in a research note on Wednesday, September 13th. Susquehanna Bancshares set a $129.00 price target on shares of Anheuser Busch Inbev and gave the stock a “hold” rating in a research note on Wednesday, October 25th. Finally, Argus started coverage on shares of Anheuser Busch Inbev in a research note on Friday, September 8th. They issued a “buy” rating and a $136.00 price target for the company. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company. Anheuser Busch Inbev has an average rating of “Hold” and a consensus target price of $127.81.

Several large investors have recently modified their holdings of BUD. First Eagle Investment Management LLC bought a new position in shares of Anheuser Busch Inbev during the third quarter valued at about $72,294,000. Turim 21 Investimentos Ltda. bought a new position in shares of Anheuser Busch Inbev during the third quarter valued at about $58,623,000. Renaissance Technologies LLC raised its stake in shares of Anheuser Busch Inbev by 225.6% during the second quarter. Renaissance Technologies LLC now owns 595,500 shares of the consumer goods maker’s stock valued at $65,719,000 after acquiring an additional 412,600 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Anheuser Busch Inbev by 12.5% during the second quarter. The Manufacturers Life Insurance Company now owns 3,170,017 shares of the consumer goods maker’s stock valued at $349,844,000 after acquiring an additional 352,595 shares during the last quarter. Finally, Seatown Holdings Pte. Ltd. bought a new position in Anheuser Busch Inbev in the third quarter worth about $36,436,000. 5.67% of the stock is owned by hedge funds and other institutional investors.

Anheuser Busch Inbev (NYSE:BUD) traded down $0.30 during trading on Wednesday, reaching $111.12. 1,821,500 shares of the company’s stock traded hands, compared to its average volume of 1,559,905. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.82 and a quick ratio of 0.71. The company has a market capitalization of $188,661.02, a P/E ratio of 32.48, a PEG ratio of 1.74 and a beta of 1.04. Anheuser Busch Inbev has a 1-year low of $100.90 and a 1-year high of $126.50.

The firm also recently declared a semiannual dividend, which was paid on Thursday, December 7th. Shareholders of record on Wednesday, November 15th were paid a $1.8534 dividend. This represents a yield of 3.07%. The ex-dividend date was Tuesday, November 14th. Anheuser Busch Inbev’s dividend payout ratio is presently 118.01%.

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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.

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

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