Anheuser-Busch InBev SA/NV (NYSE:BUD) Hits New 12-Month High – Time to Buy?

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) reached a new 52-week high during trading on Wednesday . The company traded as high as $84.86 and last traded at $84.4540, with a volume of 1967286 shares. The stock had previously closed at $82.99.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Barclays restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. DZ Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, May 21st. Deutsche Bank Aktiengesellschaft reissued a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, May 6th. Jefferies Financial Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Finally, Wells Fargo & Company lifted their price target on Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Eleven analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV currently has an average rating of “Moderate Buy” and a consensus price target of $93.41.

Anheuser-Busch InBev SA/NV Price Performance

The stock has a market capitalization of $163.81 billion, a PE ratio of 22.95, a P/E/G ratio of 1.36 and a beta of 0.59. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57. The firm’s 50 day simple moving average is $79.56 and its 200 day simple moving average is $73.77.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share (EPS) for the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 16.34%. The company had revenue of $15.27 billion during the quarter. As a group, equities analysts forecast that Anheuser-Busch InBev SA/NV will post 4.32 EPS for the current fiscal year.

Institutional Trading of Anheuser-Busch InBev SA/NV

Several institutional investors have recently added to or reduced their stakes in the business. Balanced Rock Investment Advisors LLC increased its holdings in shares of 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 worth $588,000 after buying an additional 130 shares during the period. Persium Advisors LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 1.4% during the 1st quarter. Persium Advisors LLC now owns 10,890 shares of the consumer goods maker’s stock valued at $755,000 after acquiring an additional 152 shares during the period. Fifth Third Bancorp boosted its holdings in Anheuser-Busch InBev SA/NV by 19.0% during the 1st quarter. Fifth Third Bancorp now owns 1,029 shares of the consumer goods maker’s stock valued at $71,000 after acquiring an additional 164 shares during the period. Brucke Financial Inc. grew its position in Anheuser-Busch InBev SA/NV by 2.9% during the 4th quarter. Brucke Financial Inc. now owns 6,235 shares of the consumer goods maker’s stock worth $399,000 after acquiring an additional 178 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in Anheuser-Busch InBev SA/NV by 0.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 46,080 shares of the consumer goods maker’s stock worth $2,747,000 after acquiring an additional 189 shares during the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

About Anheuser-Busch InBev SA/NV

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.