Anheuser-Busch InBev SA/NV (NYSE:BUD) finished Wednesday with an addition of $0.77 to close at $56.91, an upside of 1.37 percent. An average of 1,639,480 shares of common stock have been traded in the last five days. There was a gain of $1.86 in the past week, and it reached a new high 23 times over the past 12 months. The last 20 days have seen an average of 2,217,490 shares traded, while the 50-day average volume stands at 2,130,486.
BUD stock has decreased by -2.82% in the last month. The company shares reached their 1-month lowest point of $55.03 on 08/16/23. With the stock rallying to its 52-week high on 03/31/23, shares of the company touched a low of $44.51 and a high of $67.09 in 52 weeks. It has reached a new high 10 times so far this year and lost -5.21% or -$3.13 in price. In spite of this, the price is down -15.17% from the 52-week high.
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Valuation Metrics
Anheuser-Busch InBev SA/NV (BUD) has a trailing price-to-earnings (P/E) ratio of 18.88. The stock’s beta is 1.25. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.66, the price-to-book (PB) ratio at 1.48.
The company has a payout ratio of 18.10%. The company’s most recent quarterly dividend payment was $0.6110 a share, representing a up of 50.12% from $0.4070 last year. Its latest increase dividend $0.2040 reported on Wednesday April 12 2023.
Financial Health
The quick ratio of Anheuser-Busch InBev SA/NV for the three months ended June 29 was 0.40, and the current ratio was 0.60, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.01 and a total debt to equity ratio of 1.04 for the quarter ending June 29. Anheuser-Busch InBev SA/NV’s EBITDA margin for the year ending June 29 is 33.23%, while its operating margin for the same period stands at 23.30%. Its gross profit as reported stood at $31.48 billion compared to revenue of $57.79 billion.
Earnings Surprise
In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $5.97 billion in the quarter, while revenues were grew 21.76%. The analyst consensus anticipated Anheuser-Busch InBev SA/NV’s latest quarter earnings to come in at $0.68 per share, but it turned out to be $0.72, a 5.90% surprise. For the quarter, EBITDA amounted to $3.57 billion.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Anheuser-Busch InBev SA/NV (BUD) price momentum. RSI 9-day as of the close on 23 August was 57.53%, suggesting the stock is Neutral, with historical volatility in this time frame at 14.18%.
As of today, BUD’s price is $56.08 +3.38% or $1.86 from its 5-day moving average. BUD is currently trading -3.03% lower than its 20-day SMA and -14.28% lower than its 100-day SMA. However, the stock’s current price level is +3.19% above the SMA50 and +15.76% above the SMA200.
The stochastic %K and %D were 58.37% and 43.18%, respectively, and the average true range (ATR) was 0.69. With the 14-day stochastic at 81.08% and the average true range at 0.73, the RSI (14) stands at 52.55%. The stock has reached 0.46 on the 9-day MACD Oscillator while the 14-day reading was at 0.26.
Analyst Ratings
Morgan Stanley upgraded Anheuser-Busch InBev SA/NV (NYSE: BUD) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as an Equal-weight. The consensus rating for Anheuser-Busch InBev SA/NV (BUD) among analysts is Overweight. According to current brokerage recommendations, 3 brokerage firms advise that investors sell BUD, while 8 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 17 others rate it as a “buy”.
What is BUD’s price target for the next 12 months?
Analysts predict a range of price targets between $60.00 and $76.00, with a median target of $68.75. Taking a look at these predictions, the average price target given by analysts for Anheuser-Busch InBev SA/NV (BUD) stock is $67.79.
