Equities Analysts Offer Predictions for BUD FY2024 Earnings

Anheuser-Busch InBev SA/NV (NYSE:BUD) – Zacks Research increased their FY2024 earnings per share (EPS) estimates for Anheuser-Busch InBev SA/NV in a research note issued to investors on Thursday, November 14th. Zacks Research analyst R. Lohia now expects that the consumer goods maker will earn $3.41 per share for the year, up from their prior estimate of $3.37. The consensus estimate for Anheuser-Busch InBev SA/NV’s current full-year earnings is $3.43 per share. Zacks Research also issued estimates for Anheuser-Busch InBev SA/NV’s Q4 2024 earnings at $0.78 EPS, Q4 2025 earnings at $0.87 EPS, FY2025 earnings at $3.70 EPS, Q1 2026 earnings at $0.98 EPS, Q2 2026 earnings at $1.05 EPS, Q3 2026 earnings at $1.22 EPS and FY2026 earnings at $4.27 EPS.

Other research analysts have also issued research reports about the company. Barclays upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Wednesday, October 9th. Morgan Stanley upped their target price on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an “overweight” rating in a research report on Tuesday, September 10th. Citigroup raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Tuesday, October 1st. Evercore ISI upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. Finally, TD Cowen cut shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and lifted their price target for the company from $68.00 to $88.00 in a research note on Tuesday, October 8th. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Moderate Buy” and an average price target of $79.00.

Anheuser-Busch InBev SA/NV Trading Up 0.5 %

Anheuser-Busch InBev SA/NV stock opened at $56.52 on Monday. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The stock has a market cap of $101.58 billion, a P/E ratio of 17.44, a PEG ratio of 1.80 and a beta of 1.12. Anheuser-Busch InBev SA/NV has a 1 year low of $55.43 and a 1 year high of $67.49. The firm’s 50 day moving average price is $62.84 and its 200-day moving average price is $61.97.

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

Several large investors have recently modified their holdings of BUD. Addison Advisors LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 39.7% in the 2nd quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock valued at $34,000 after buying an additional 168 shares during the period. Westside Investment Management Inc. lifted its stake in shares of Anheuser-Busch InBev SA/NV by 15.1% in the 2nd quarter. Westside Investment Management Inc. now owns 1,381 shares of the consumer goods maker’s stock valued at $80,000 after purchasing an additional 181 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its position in Anheuser-Busch InBev SA/NV by 50.7% during the second quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock valued at $32,000 after buying an additional 185 shares in the last quarter. Lake Street Advisors Group LLC boosted its position in Anheuser-Busch InBev SA/NV by 1.8% during the 1st quarter. Lake Street Advisors Group LLC now owns 10,268 shares of the consumer goods maker’s stock worth $624,000 after purchasing an additional 186 shares during the period. Finally, GAMMA Investing LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 20.6% in the second quarter. GAMMA Investing LLC now owns 1,151 shares of the consumer goods maker’s stock valued at $67,000 after buying an additional 197 shares in the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

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.