FY2018 Earnings Forecast for Anheuser Busch Inbev NV Issued By Jefferies Financial Group (BUD)

Anheuser Busch Inbev NV (NYSE:BUD) – Equities researchers at Jefferies Financial Group lowered their FY2018 earnings estimates for shares of Anheuser Busch Inbev in a report issued on Monday, October 29th. Jefferies Financial Group analyst E. Mundy now forecasts that the consumer goods maker will earn $3.77 per share for the year, down from their prior forecast of $3.83. Jefferies Financial Group has a “Hold” rating on the stock. Jefferies Financial Group also issued estimates for Anheuser Busch Inbev’s Q4 2018 earnings at $1.13 EPS, FY2019 earnings at $4.61 EPS and FY2020 earnings at $4.93 EPS.

BUD has been the topic of several other reports. Zacks Investment Research lowered shares of Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a research note on Wednesday, September 26th. Royal Bank of Canada raised shares of Anheuser Busch Inbev from a “sector perform” rating to an “outperform” rating and set a $102.29 target price on the stock in a research note on Monday. They noted that the move was a valuation call. Macquarie set a $92.00 target price on shares of Anheuser Busch Inbev and gave the stock a “buy” rating in a research note on Tuesday, October 16th. Guggenheim initiated coverage on shares of Anheuser Busch Inbev in a research note on Thursday, September 13th. They set a “buy” rating and a $107.00 target price on the stock. Finally, Societe Generale raised shares of Anheuser Busch Inbev from a “hold” rating to a “buy” rating in a research note on Thursday, August 2nd. Four research analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the company. Anheuser Busch Inbev currently has a consensus rating of “Hold” and an average price target of $114.96.



BUD stock opened at $74.34 on Tuesday. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.53 and a current ratio of 0.67. Anheuser Busch Inbev has a 52-week low of $72.88 and a 52-week high of $123.24. The stock has a market cap of $125.44 billion, a PE ratio of 18.40, a PEG ratio of 2.29 and a beta of 0.92.

Anheuser Busch Inbev (NYSE:BUD) last posted its earnings results on Thursday, October 25th. The consumer goods maker reported $0.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.04). Anheuser Busch Inbev had a return on equity of 18.68% and a net margin of 12.64%. The firm had revenue of $13.28 billion for the quarter, compared to analysts’ expectations of $13.74 billion.

Several institutional investors and hedge funds have recently added to or reduced their stakes in BUD. BlackRock Inc. raised its position in shares of Anheuser Busch Inbev by 21.3% during the 1st quarter. BlackRock Inc. now owns 271,533 shares of the consumer goods maker’s stock worth $29,852,000 after purchasing an additional 47,655 shares during the last quarter. Suntrust Banks Inc. raised its position in shares of Anheuser Busch Inbev by 12.2% during the 1st quarter. Suntrust Banks Inc. now owns 11,448 shares of the consumer goods maker’s stock worth $1,258,000 after purchasing an additional 1,242 shares during the last quarter. Hutner Capital Management Inc. raised its position in shares of Anheuser Busch Inbev by 2.0% during the 2nd quarter. Hutner Capital Management Inc. now owns 42,910 shares of the consumer goods maker’s stock worth $4,324,000 after purchasing an additional 830 shares during the last quarter. Cullinan Associates Inc. acquired a new position in shares of Anheuser Busch Inbev during the 2nd quarter worth about $4,603,000. Finally, Fisher Asset Management LLC raised its position in shares of Anheuser Busch Inbev by 3.3% during the 2nd quarter. Fisher Asset Management LLC now owns 6,346,504 shares of the consumer goods maker’s stock worth $639,474,000 after purchasing an additional 202,472 shares during the last quarter. Hedge funds and other institutional investors own 4.58% of the company’s stock.

About Anheuser Busch Inbev

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Chernigivske, Cristal, Harbin, Jupiler, Klinskoye, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, Sibirskaya Korona, and Skol.

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

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