Anheuser-Busch InBev SA/NV (NYSE:BUD) Reaches New 1-Year High – Should You Buy?

Anheuser-Busch InBev SA/NV (NYSE:BUD) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $83.08 and last traded at $82.6850, with a volume of 582943 shares. The stock had previously closed at $81.91.

Wall Street Analyst Weigh In

BUD has been the subject of a number of recent analyst reports. Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, May 6th. JPMorgan Chase & Co. increased their price objective on shares of Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. DZ Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 20th. Finally, Barclays reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $93.42.

Anheuser-Busch InBev SA/NV Price Performance

The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72. The company has a market cap of $161.63 billion, a PE ratio of 22.65, a PEG ratio of 1.34 and a beta of 0.57. The company’s 50-day simple moving average is $74.07 and its 200 day simple moving average is $70.08.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 12.26%. The company had revenue of $15.27 billion during the quarter. On average, sell-side analysts predict that Anheuser-Busch InBev SA/NV will post 4.27 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BUD. GQG Partners LLC purchased a new position in Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $149,778,000. Morgan Stanley lifted its position in shares of Anheuser-Busch InBev SA/NV by 29.8% during the 4th quarter. Morgan Stanley now owns 4,205,767 shares of the consumer goods maker’s stock worth $269,337,000 after purchasing an additional 966,378 shares during the last quarter. Bank of Montreal Can lifted its position in shares of Anheuser-Busch InBev SA/NV by 150.6% during the 3rd quarter. Bank of Montreal Can now owns 1,188,876 shares of the consumer goods maker’s stock worth $70,869,000 after purchasing an additional 714,420 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Anheuser-Busch InBev SA/NV by 23.7% during the 2nd quarter. Bank of America Corp DE now owns 3,344,451 shares of the consumer goods maker’s stock worth $229,831,000 after purchasing an additional 641,158 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in shares of Anheuser-Busch InBev SA/NV by 535.6% during the 3rd quarter. First Trust Advisors LP now owns 653,616 shares of the consumer goods maker’s stock worth $38,962,000 after purchasing an additional 550,774 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

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.