Anheuser-Busch InBev SA/NV (NYSE:BUD) currently has a daily average trading volume of 2.24M but it saw 3171098 shares traded on Thursday. With a market cap of 98.75B USD, stock’s current market price of $56.87 came falling about -1.27 while comparing to the previous closing price of $57.60. In past 52 weeks, the stock remained buoying in the range of price level as high as $67.09 and as low as $44.51. In the recent trading on the day, stock has struck highest price mark of $57.13 while lowest mark touched by it was $56.6267.
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Taking a look at 20-day trading activity of Anheuser-Busch InBev SA/NV (BUD) gives us an average price of $61.49, while its current price level is -15.23% below from 52-week high level whereas it is 27.77% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $63.22 while that of 200 days or SMA-200 reads an average of $56.93. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.94% during that period while stretching the period over a month that increases to 1.19%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 24.03 which implies that the stock is in oversold territory.
Anheuser-Busch InBev SA/NV (BUD)’s stock is currently under the radar of 31 analysts who are in consensus at a 12-month price target range of between $64.00 and $80.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $64.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $80.00. Average price target assigned by them is $69.89 which highlights an upside potential of 18.63% for the stock over that period. And to attain the median price target of $67.00 assigned by those analysts, stock has to add about 15.12% of value to its current levels.
Data by FactSet Research shows that 31 analysts have issued their ratings for the stock. 3 of them are in opinions that stock is a Sell, while 3 are advising it as an Overweight. 15 analysts suggested the investors to Buy the stock while 10 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Overweight for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, BUD’s stock price is moving -3.28% down while it is -14.09% when we observe its performance for the past one month. Year-to-date it is -5.28% down and over the past year, the stock is showing an upside performance of 2.95%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of $0.65 beat the consensus estimate of $0.62 for the same. The company is expected to be releasing its next quarterly report in 08/03/2023, for which analysts forecasted an EPS of $0.75 while estimate for next year EPS is $3.2. For BUD, analysts are forecasting an EPS-growth rate of -0.30% for current year and estimate for EPS growth in next year is 17.50%. In next quarter, company is expected to be making quarterly sales of $16.14 billion as analysts are expecting the sales for current fiscal year at $62.09 billion and seeing the company making $65.66 billion in sales next year. Moreover, analysts are in estimates of $15.66 billion for current-quarter revenue.
Currently, Anheuser-Busch InBev SA/NV’s total number of outstanding shares is 1.70B with 0.00% of that held by the insiders while 6.19% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 8.40% and return on equity (ROE) at 10.60%. It has a price to earnings ratio (P/E ratio) of 15.62 while having a 14.97 of forward P/E ratio. Stock’s beta reads 1.25. Stock has a price to book (P/B) ratio of 9.20 while price to sale or P/S ratio amounts to 1.68. Its return on asset (ROA) is 3.50% on average.
In the most recent quarter, American Balanced Fund came cutting its stake by -32.68% in the company and now holds 3.3 million or 0.19% of the company’s stake having worth of about 214.26 million.
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