Anheuser-Busch InBev SA/NV (NYSE:BUD) Issues Quarterly Earnings Results

Anheuser-Busch InBev SA/NV (NYSE:BUDGet Free Report) announced its quarterly earnings results on Wednesday. The consumer goods maker reported $0.75 EPS for the quarter, beating the consensus estimate of $0.69 by $0.06, Briefing.com reports. Anheuser-Busch InBev SA/NV had a return on equity of 14.01% and a net margin of 8.03%. The business had revenue of $14.55 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same quarter in the prior year, the company posted $0.65 EPS. The company’s quarterly revenue was up 2.3% on a year-over-year basis.

Anheuser-Busch InBev SA/NV Price Performance

NYSE BUD traded up $0.72 during trading hours on Friday, reaching $64.21. The company’s stock had a trading volume of 2,432,199 shares, compared to its average volume of 1,861,386. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.48 and a current ratio of 0.63. The company’s 50-day moving average is $60.28 and its two-hundred day moving average is $61.49. Anheuser-Busch InBev SA/NV has a fifty-two week low of $51.66 and a fifty-two week high of $66.24. The stock has a market cap of $111.55 billion, a PE ratio of 26.98, a PEG ratio of 1.92 and a beta of 1.11.

Anheuser-Busch InBev SA/NV Increases Dividend

The company also recently declared an annual dividend, which will be paid on Friday, June 7th. Investors of record on Monday, May 6th will be issued a $0.8722 dividend. The ex-dividend date of this dividend is Friday, May 3rd. This represents a dividend yield of 1.1%. This is a boost from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. Anheuser-Busch InBev SA/NV’s dividend payout ratio is currently 27.31%.

Wall Street Analyst Weigh In

BUD has been the subject of a number of research reports. BNP Paribas cut Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a research note on Friday, January 12th. TD Cowen dropped their price objective on shares of Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating for the company in a report on Tuesday, March 5th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Moderate Buy” and an average target price of $71.70.

Read Our Latest Stock Report on Anheuser-Busch InBev SA/NV

About Anheuser-Busch InBev SA/NV

(Get Free Report)

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.

Read More

Earnings History for Anheuser-Busch InBev SA/NV (NYSE:BUD)

Receive News & Ratings for Anheuser-Busch InBev SA/NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser-Busch InBev SA/NV and related companies with MarketBeat.com's FREE daily email newsletter.