Anheuser-Busch InBev SA/NV ADR (NYSE: BUD) is -2.27% lower on its value in year-to-date trading and has touched a low of $51.66 and a high of $67.49 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BUD stock was last observed hovering at around $64.17 in the last trading session, with the day’s loss setting it -1.02%.
Currently trading at $63.15, the stock is -0.17% and 2.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.84 million and changing -1.59% at the moment leaves the stock 2.02% off its SMA200. BUD registered 14.40% gain for a year compared to 6-month gain of 4.64%. The firm has a 50-day simple moving average (SMA 50) of $61.8202 and a 200-day simple moving average (SMA200) of $61.9014.
The stock witnessed a 3.02% loss in the last 1 month and extending the period to 3 months gives it a 6.17%, and is -0.41% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.78% over the week and 0.87% over the month.
Anheuser-Busch InBev SA/NV ADR (BUD) has around 154540 employees, a market worth around $110.51B and $59.91B in sales. Current P/E ratio is 21.84 and Fwd P/E is 16.74. Profit margin for the company is 9.89%. Distance from 52-week low is 22.24% and -6.43% from its 52-week high. The company has generated returns on investments over the last 12 months (3.84%).
The EPS is expected to grow by 10.43% this year
577.0 institutions hold shares in Anheuser-Busch InBev SA/NV ADR (BUD), with institutional investors hold 5.89% of the company’s shares. The shares outstanding are 1.75B, and float is at 1.75B with Short Float at 0.16%. Institutions hold 5.89% of the Float.
The top institutional shareholder in the company is DODGE & COX with over 31.47 million shares valued at $1.83 billion. The investor’s holdings represent 1.5681 of the BUD Shares outstanding. As of 2024-06-30, the second largest holder is FISHER ASSET MANAGEMENT, LLC with 9.72 million shares valued at $565.2 million to account for 0.4843 of the shares outstanding. The other top investors are MANUFACTURERS LIFE INSURANCE COMPANY, THE which holds 7.35 million shares representing 0.3662 and valued at over $427.41 million, while ROYAL BANK OF CANADA holds 0.2856 of the shares totaling 5.73 million with a market value of $333.27 million.
