Stock of the Day: What Next for Anheuser Busch Inbev SA NV (ADR) Stock After Making 1 Year Low?

Stock of the Day: What Next for Anheuser Busch Inbev SA NV (ADR) Stock After Making 1 Year Low?

The stock of Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) hit a new 52-week low and has $96.51 target or 4.00% below today’s $100.53 share price. The 6 months bearish chart indicates high risk for the $169.53 billion company. The 1-year low was reported on Dec, 1 by Barchart.com. If the $96.51 price target is reached, the company will be worth $6.78B less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 857,006 shares traded hands. Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) has declined 17.49% since April 28, 2016 and is downtrending. It has underperformed by 23.42% the S&P500.

Analysts await Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) to report earnings on February, 23. They expect $1.34 earnings per share, down 14.10% or $0.22 from last year’s $1.56 per share. BUD’s profit will be $2.26B for 18.76 P/E if the $1.34 EPS becomes a reality. After $0.83 actual earnings per share reported by Anheuser Busch Inbev SA NV (ADR) for the previous quarter, Wall Street now forecasts 61.45% EPS growth.

Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) Ratings Coverage

Out of 19 analysts covering Anheuser-Busch InBev (NYSE:BUD), 13 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 68% are positive. $157 is the highest target while $100 is the lowest. The $129.63 average target is 28.95% above today’s ($100.53) stock price. Anheuser-Busch InBev has been the topic of 30 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) has “Outperform” rating given on Monday, November 2 by CLSA. The firm has “Underperform” rating given on Monday, October 10 by RBC Capital Markets. On Tuesday, October 11 the stock rating was reinitiated by JP Morgan with “Neutral”. The stock of Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) earned “Underperform” rating by RBC Capital Markets on Wednesday, July 6. The firm has “Outperform” rating given on Monday, November 2 by Credit Agricole. The firm has “Hold” rating given on Monday, November 14 by HSBC. HSBC upgraded the stock to “Buy” rating in Tuesday, December 8 report. The stock has “Hold” rating given by ING Group on Wednesday, August 26. The firm has “Overweight” rating given on Wednesday, October 5 by Morgan Stanley. The rating was upgraded by Kepler Cheuvreux to “Buy” on Monday, August 22.

According to Zacks Investment Research, “Anheuser-Busch is the leading global brewer and one of the world’s top five consumer products companies. Their portfolio of well over 200 beer brands continues to forge strong connections with consumers. They invest the majority of their brand-building resources on their Focus Brands – those with the greatest growth potential such as global brands Budweiser®, Stella Artois® and BeckÂ’s®, alongside Leffe®, Hoegaarden®, Bud Light®, Skol®, Brahma®, Antarctica®, Quilmes®, Michelob Ultra®, Harbin®, Sedrin®, Klinskoye®, Sibirskaya Korona®, Chernigivske®, Hasseröder® and Jupiler®. In addition, the company owns a 50 percent equity interest in the operating subsidiary of Grupo Modelo, Mexico’s leading brewer and owner of the global Corona® brand.”

Insitutional Activity: The institutional sentiment increased to 1.02 in 2016 Q2. Its up 0.02, from 1 in 2016Q1. The ratio is positive, as 37 funds sold all Anheuser Busch Inbev SA NV (ADR) shares owned while 150 reduced positions. 41 funds bought stakes while 146 increased positions. They now own 91.82 million shares or 6.76% more from 86.01 million shares in 2016Q1.
Rothschild Investment Corp Il holds 5,551 shares or 0.09% of its portfolio. Hartwell J M Limited Partnership holds 0.16% of its portfolio in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) for 4,897 shares. First Eagle Llc accumulated 1.57 million shares or 0.53% of the stock. Oz Limited Partnership has invested 0.86% of its portfolio in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD). Ycg Ltd Llc owns 788 shares or 0.03% of their US portfolio. Exane Derivatives accumulated 82,271 shares or 0% of the stock. Central Bancorporation Trust Communication has 608 shares for 0.02% of their US portfolio. Marshall Wace Limited Liability Partnership has 56,659 shares for 0.06% of their US portfolio. Carret Asset Mgmt Ltd Liability, a New York-based fund reported 2,130 shares. Brown Advisory, a Maryland-based fund reported 11,109 shares. Eqis Cap Management has invested 0.02% of its portfolio in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD). 10 holds 0.08% or 2,056 shares in its portfolio. Boston Private Wealth last reported 82,582 shares in the company. Capstone Asset Management holds 0.09% of its portfolio in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) for 22,909 shares. Bluefin Trading Ltd Liability Com accumulated 4,000 shares or 0.05% of the stock.

More important recent Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) news were published by: Investorplace.com which released: “Anheuser Busch Inbev SA NV (ADR) (BUD) Is the King of Sin Stocks” on November 16, 2016, also Quotes.Wsj.com published article titled: “DOW JONES, A NEWS CORP COMPANY”, Fool.com published: “Is Anheuser-Busch InBev SA (ADR) Trying to Snuff Out Craft Beer Competition?” on October 25, 2015. More interesting news about Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) was released by: Finance.Yahoo.com and their article: “BUD : Summary for Anheuser-Busch Inbev SA Sponsor – Yahoo Finance” with publication date: September 16, 2015.

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