What is Zacks Research's Forecast for BUD FY2024 Earnings?

Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) - Investment analysts at Zacks Research upped their FY2024 earnings per share estimates for Anheuser-Busch InBev SA/NV in a research report issued on Thursday, November 14th. Zacks Research analyst R. Lohia now expects that the consumer goods maker will post earnings of $3.41 per share for the year, up from their previous 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 equities analysts also recently issued reports about the stock. TD Cowen downgraded shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating and lifted their price objective for the stock from $68.00 to $88.00 in a report on Tuesday, October 8th. Barclays upgraded shares of Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a research note on Wednesday, October 9th. Morgan Stanley boosted their price objective on shares of Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an "overweight" rating in a research note on Tuesday, September 10th. Evercore ISI upgraded Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a research report on Monday, September 30th. Finally, Citigroup upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating in a research report on Tuesday, October 1st. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $79.00.

Anheuser-Busch InBev SA/NV Trading Up 0.5 %

BUD stock traded up $0.27 during mid-day trading on Monday, reaching $56.52. The company's stock had a trading volume of 1,233,368 shares, compared to its average volume of 1,630,397. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The company has a market cap of $101.58 billion, a price-to-earnings ratio of 17.36, a price-to-earnings-growth ratio of 1.80 and a beta of 1.12. The business's 50 day moving average price is $62.98 and its 200 day moving average price is $62.00. Anheuser-Busch InBev SA/NV has a 12 month low of $55.43 and a 12 month high of $67.49.

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

Hedge funds have recently modified their holdings of the business. OLD Mission Capital LLC acquired a new position in Anheuser-Busch InBev SA/NV during the 1st quarter worth about $4,046,000. Cetera Investment Advisers lifted its position in Anheuser-Busch InBev SA/NV by 287.8% in the first quarter. Cetera Investment Advisers now owns 65,183 shares of the consumer goods maker's stock valued at $3,962,000 after purchasing an additional 48,376 shares during the period. QRG Capital Management Inc. lifted its holdings in Anheuser-Busch InBev SA/NV by 57.0% in the second quarter. QRG Capital Management Inc. now owns 82,737 shares of the consumer goods maker's stock valued at $4,811,000 after acquiring an additional 30,052 shares during the period. Seafarer Capital Partners LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 11.2% during the 3rd quarter. Seafarer Capital Partners LLC now owns 1,059,000 shares of the consumer goods maker's stock worth $70,201,000 after acquiring an additional 107,000 shares in the last quarter. Finally, Choreo LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter worth about $1,440,000. 5.53% of the stock is currently owned by institutional investors and hedge funds.

About Anheuser-Busch InBev SA/NV

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.