Anheuser Busch Inbev SA (NYSE:BUD) – Equities research analysts at Jefferies Group lowered their FY2017 earnings per share (EPS) estimates for shares of Anheuser Busch Inbev SA in a research note issued to investors on Monday. Jefferies Group analyst E. Mundy now anticipates that the firm will post earnings of $5.12 per share for the year, down from their prior estimate of $5.31. Jefferies Group has a “Buy” rating and a $146.00 price objective on the stock. Jefferies Group also issued estimates for Anheuser Busch Inbev SA’s FY2018 earnings at $5.78 EPS.

Anheuser Busch Inbev SA (NYSE:BUD) last posted its quarterly earnings data on Friday, October 28th. The company reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $1.19 by $0.36. The company had revenue of $11.69 billion for the quarter, compared to analysts’ expectations of $11.40 billion. During the same quarter last year, the business posted $1.02 EPS. Anheuser Busch Inbev SA’s revenue was up 2.8% compared to the same quarter last year.

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

Several other equities research analysts have also issued reports on BUD. Vetr raised Anheuser Busch Inbev SA from a “sell” rating to a “hold” rating and set a $120.10 price target on the stock in a research report on Wednesday, August 3rd. Zacks Investment Research raised Anheuser Busch Inbev SA from a “sell” rating to a “hold” rating in a research report on Wednesday, August 3rd. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Anheuser Busch Inbev SA in a research report on Monday, October 10th. Susquehanna reaffirmed a “hold” rating and issued a $135.00 target price on shares of Anheuser Busch Inbev SA in a research report on Wednesday, September 14th. Finally, Goldman Sachs Group Inc. assumed coverage on Anheuser Busch Inbev SA in a research report on Monday, October 10th. They issued a “buy” rating on the stock. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have given a buy rating to the stock. Anheuser Busch Inbev SA presently has a consensus rating of “Hold” and a consensus target price of $133.76.

Shares of Anheuser Busch Inbev SA (NYSE:BUD) traded down 0.59% during midday trading on Tuesday, hitting $102.72. 1,981,512 shares of the company’s stock traded hands. The company has a 50 day moving average of $118.63 and a 200 day moving average of $124.29. The stock has a market cap of $165.15 billion and a P/E ratio of 54.81. Anheuser Busch Inbev SA has a 52 week low of $101.00 and a 52 week high of $136.08.

The business also recently declared a dividend, which will be paid on Thursday, December 8th. Investors of record on Wednesday, November 16th will be given a $1.379 dividend. The ex-dividend date is Monday, November 14th.

Several institutional investors have recently added to or reduced their stakes in BUD. Franklin Resources Inc. increased its stake in shares of Anheuser Busch Inbev SA by 146.4% in the second quarter. Franklin Resources Inc. now owns 5,189,442 shares of the company’s stock valued at $683,345,000 after buying an additional 3,083,352 shares in the last quarter. Lone Pine Capital LLC increased its stake in shares of Anheuser Busch Inbev SA by 124.1% in the second quarter. Lone Pine Capital LLC now owns 4,207,607 shares of the company’s stock valued at $554,058,000 after buying an additional 2,329,803 shares in the last quarter. First Eagle Investment Management LLC acquired a new stake in shares of Anheuser Busch Inbev SA during the second quarter valued at about $207,234,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Anheuser Busch Inbev SA during the third quarter valued at about $163,418,000. Finally, Senator Investment Group LP increased its stake in shares of Anheuser Busch Inbev SA by 95.8% in the second quarter. Senator Investment Group LP now owns 2,350,000 shares of the company’s stock valued at $309,448,000 after buying an additional 1,150,000 shares in the last quarter.

About Anheuser Busch Inbev SA

Anheuser-Busch Inbev SA (AB InBev) is a global brewer. The Company has a portfolio of over 200 beer brands. The Company operates through seven segments: North America, Mexico, Latin America North, Latin America South, Europe, Asia Pacific, and Global Export and Holding Companies. 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.

5 Day Chart for NYSE:BUD

Receive News & Stock Ratings for Anheuser Busch Inbev SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser Busch Inbev SA and related stocks with our FREE daily email newsletter.