Analysts Anticipate Anheuser-Busch InBev (BUD) to Post $0.79 EPS

Equities research analysts predict that Anheuser-Busch InBev (NYSE:BUD) will announce $0.79 earnings per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Anheuser-Busch InBev’s earnings, with the lowest EPS estimate coming in at $0.75 and the highest estimate coming in at $0.82. Anheuser-Busch InBev reported earnings per share of $0.74 in the same quarter last year, which would indicate a positive year over year growth rate of 6.8%. The company is expected to issue its next quarterly earnings results before the market opens on Wednesday, May 9th.

On average, analysts expect that Anheuser-Busch InBev will report full year earnings of $5.02 per share for the current year, with EPS estimates ranging from $4.89 to $5.11. For the next financial year, analysts forecast that the firm will report earnings of $5.66 per share, with EPS estimates ranging from $5.43 to $6.06. Zacks’ EPS averages are a mean average based on a survey of research firms that follow Anheuser-Busch InBev.

Anheuser-Busch InBev (NYSE:BUD) last issued its earnings results on Thursday, March 1st. The consumer goods maker reported $1.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.98 by $0.06. Anheuser-Busch InBev had a net margin of 14.17% and a return on equity of 19.47%. The company had revenue of $14.60 billion for the quarter, compared to analysts’ expectations of $14.49 billion. During the same period in the prior year, the business earned $0.43 EPS. The firm’s quarterly revenue was up 2.8% on a year-over-year basis.



Several research analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Anheuser-Busch InBev from a “strong sell” rating to a “hold” rating in a report on Friday, January 12th. JPMorgan Chase decreased their price target on shares of Anheuser-Busch InBev from $102.48 to $96.28 and set an “underweight” rating for the company in a research report on Wednesday, April 11th. Stifel Nicolaus reissued a “buy” rating and set a $124.00 price target on shares of Anheuser-Busch InBev in a research report on Thursday, April 19th. ValuEngine lowered shares of Anheuser-Busch InBev from a “hold” rating to a “sell” rating in a research report on Monday, April 23rd. Finally, Deutsche Bank raised shares of Anheuser-Busch InBev from a “hold” rating to a “buy” rating in a research report on Wednesday, January 17th. Four research analysts have rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $124.54.

Anheuser-Busch InBev stock traded up $1.94 during midday trading on Friday, hitting $96.62. 4,494,428 shares of the company’s stock were exchanged, compared to its average volume of 2,261,631. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.66 and a quick ratio of 0.55. Anheuser-Busch InBev has a 12 month low of $94.57 and a 12 month high of $126.50. The stock has a market cap of $165,243.47, a price-to-earnings ratio of 23.98, a PEG ratio of 1.81 and a beta of 1.01.

The company also recently declared a semiannual dividend, which will be paid on Wednesday, May 30th. Shareholders of record on Wednesday, May 2nd will be given a dividend of $2.4784 per share. This represents a dividend yield of 4.72%. This is a positive change from Anheuser-Busch InBev’s previous semiannual dividend of $1.85. The ex-dividend date is Tuesday, May 1st. Anheuser-Busch InBev’s dividend payout ratio is presently 95.54%.

Several institutional investors have recently made changes to their positions in the stock. Fisher Asset Management LLC raised its position in shares of Anheuser-Busch InBev by 3.1% in the 4th quarter. Fisher Asset Management LLC now owns 5,997,016 shares of the consumer goods maker’s stock valued at $669,027,000 after purchasing an additional 178,209 shares during the last quarter. Clearbridge Investments LLC raised its position in shares of Anheuser-Busch InBev by 10.4% in the 4th quarter. Clearbridge Investments LLC now owns 5,597,430 shares of the consumer goods maker’s stock valued at $624,449,000 after purchasing an additional 529,519 shares during the last quarter. Viking Global Investors LP raised its position in shares of Anheuser-Busch InBev by 82.0% in the 4th quarter. Viking Global Investors LP now owns 2,856,181 shares of the consumer goods maker’s stock valued at $318,636,000 after purchasing an additional 1,287,055 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Anheuser-Busch InBev by 6.2% in the 4th quarter. The Manufacturers Life Insurance Company now owns 2,666,047 shares of the consumer goods maker’s stock valued at $297,424,000 after purchasing an additional 156,565 shares during the last quarter. Finally, Maverick Capital Ltd. raised its position in shares of Anheuser-Busch InBev by 53.0% in the 4th quarter. Maverick Capital Ltd. now owns 2,261,184 shares of the consumer goods maker’s stock valued at $252,258,000 after purchasing an additional 783,554 shares during the last quarter. 5.92% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev Company Profile

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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