Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Gap Down – Should You Sell?

Anheuser-Busch InBev SA/NV (NYSE:BUD)’s share price gapped down prior to trading on Tuesday. The stock had previously closed at $77.10, but opened at $74.43. Anheuser-Busch InBev SA/NV shares last traded at $74.1150, with a volume of 622,650 shares trading hands.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Wells Fargo & Company raised their target price on shares of Anheuser-Busch InBev SA/NV from $93.00 to $97.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Morgan Stanley decreased their price objective on Anheuser-Busch InBev SA/NV from $86.50 to $84.50 and set an “overweight” rating on the stock in a report on Thursday, July 2nd. Barclays reiterated an “equal weight” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, July 27th. UBS Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 24th. Finally, TD Cowen upped their price target on Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the company a “hold” rating in a research note on Friday, June 26th. Twelve research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $91.08.

Anheuser-Busch InBev SA/NV Stock Performance

The company has a current ratio of 0.66, a quick ratio of 0.50 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $149.21 billion, a price-to-earnings ratio of 15.66, a price-to-earnings-growth ratio of 1.12 and a beta of 0.59. The stock’s fifty day simple moving average is $80.23 and its 200-day simple moving average is $78.48.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Wednesday, July 29th. The consumer goods maker reported $1.21 EPS for the quarter, topping the consensus estimate of $1.09 by $0.12. Anheuser-Busch InBev SA/NV had a net margin of 14.90% and a return on equity of 16.42%. The business had revenue of $16.66 billion during the quarter, compared to the consensus estimate of $16.23 billion. During the same quarter in the previous year, the firm posted $0.98 earnings per share. The company’s quarterly revenue was up 11.0% compared to the same quarter last year. Analysts predict that Anheuser-Busch InBev SA/NV will post 4.38 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BUD. Archer Investment Corp purchased a new stake in Anheuser-Busch InBev SA/NV during the 2nd quarter worth about $25,000. GHP Investment Advisors Inc. acquired a new stake in Anheuser-Busch InBev SA/NV in the 1st quarter valued at about $32,000. First Horizon Corp boosted its stake in shares of Anheuser-Busch InBev SA/NV by 84.6% in the 1st quarter. First Horizon Corp now owns 502 shares of the consumer goods maker’s stock valued at $35,000 after buying an additional 230 shares during the period. Western Wealth Management LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 1st quarter valued at about $36,000. Finally, Continuum Advisory LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the second quarter worth about $39,000. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV is a global brewer headquartered in Leuven, Belgium. The company produces, markets and distributes beer and other alcoholic beverages through a portfolio of international, regional and local brands. Its best-known brands include Budweiser, Corona, Stella Artois, Michelob Ultra, Beck’s, Hoegaarden and Brahma, along with numerous country-specific offerings.

The company serves consumers across the Americas, Europe, Africa and Asia-Pacific through a broad network of breweries, distribution operations and commercial partnerships.