Anheuser-Busch InBev SA/NV (NYSE:BUD) Releases Earnings Results, Beats Expectations By $0.13 EPS

Anheuser-Busch InBev SA/NV (NYSE:BUD) released its quarterly earnings results on Wednesday. The consumer goods maker reported $0.88 EPS for the quarter, beating the consensus estimate of $0.75 by $0.13, Zacks reports. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%.

Anheuser-Busch InBev SA/NV Trading Up 7.3 %

BUD opened at $58.79 on Thursday. The stock has a market capitalization of $105.66 billion, a price-to-earnings ratio of 18.15, a P/E/G ratio of 1.73 and a beta of 1.08. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $67.49. The company has a 50-day simple moving average of $50.16 and a 200 day simple moving average of $56.77.

Analysts Set New Price Targets

Separately, TD Cowen dropped their price target on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $64.00.

Anheuser-Busch InBev SA/NV Company Profile

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.