Anheuser-Busch InBev SA/NV (NYSE:BUD) Sets New 1-Year Low – Should You Sell?

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) hit a new 52-week low during trading on Tuesday . The stock traded as low as $54.00 and last traded at $54.08, with a volume of 350352 shares. The stock had previously closed at $55.04.

Analyst Upgrades and Downgrades

Several brokerages recently commented on BUD. Evercore ISI raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. TD Cowen cut Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and raised their target price for the stock from $68.00 to $88.00 in a research report on Tuesday, October 8th. Citigroup raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 1st. Barclays raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Wednesday, October 9th. Finally, Morgan Stanley lifted their price objective on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an “overweight” rating in a report on Tuesday, September 10th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $79.00.

Anheuser-Busch InBev SA/NV Stock Performance

The company has a market capitalization of $97.16 billion, a P/E ratio of 16.69, a PEG ratio of 1.76 and a beta of 1.12. The stock’s fifty day moving average price is $61.50 and its 200-day moving average price is $61.63. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Fisher Asset Management LLC lifted its stake in Anheuser-Busch InBev SA/NV by 6.0% during the third quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock worth $683,252,000 after purchasing an additional 587,329 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter valued at $1,865,000. Cetera Investment Advisers grew its position in Anheuser-Busch InBev SA/NV by 287.8% in the 1st 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. grew its position in Anheuser-Busch InBev SA/NV by 57.0% in the 2nd quarter. QRG Capital Management Inc. now owns 82,737 shares of the consumer goods maker’s stock valued at $4,811,000 after purchasing an additional 30,052 shares during the period. Finally, Seafarer Capital Partners LLC grew its position in Anheuser-Busch InBev SA/NV by 11.2% in the 3rd quarter. Seafarer Capital Partners LLC now owns 1,059,000 shares of the consumer goods maker’s stock valued at $70,201,000 after purchasing an additional 107,000 shares during the period. Institutional investors own 5.53% of the company’s stock.

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.