Streetbeat News

BUD

Anheuser-Busch InBev SA/NV

Industry

Beverages - Alcoholic

Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. 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. The company was founded in 1366 and is headquartered in Leuven, Belgium.

Open

56.53

Mkt cap

110B

Volume

2.1M

High

56.55

P/E Ratio

17.58

52-wk high

67.49

Low

56.09

Div yield

0.01

52-wk low

55.43

Morning Consult's annual survey lists the fastest growing brands in the U.S. for 2023, with ChatGPT leading overall and OpenAI ranking seventh. Technology and beverage brands dominate the lists, with notable mentions of Tesla, Meta Platforms, Alphabet, and Apple among various age demographics. PepsiCo's Starry and Zelle also feature prominently. The survey's results could indicate gaining consumer interest and potential market share increases for these companies.

Portfolio Pulse from Chris Katje

December 07, 2023 | 11:07 am

Jim Cramer, on CNBC's 'Mad Money Lightning Round,' recommended buying Vishay Intertechnology (VSH), Abbott Laboratories (ABT), and Moelis & Company (MC) citing their current low prices and high quality. He advised against investing in Riot Platforms (RIOT), suggesting owning Bitcoin directly instead, and recommended selling Anheuser-Busch InBev (BUD) in favor of buying Constellation Brands (STZ). Cramer also recommended staying away from Catalent (CTLT). The article includes recent price actions of these stocks.

Portfolio Pulse from Lisa Levin

November 30, 2023 | 2:26 pm

Four consumer staples stocks are considered overbought based on their Relative Strength Index (RSI) values, which may concern momentum-focused investors. Anheuser-Busch InBev SA/NV (BUD) reported Q3 sales growth but missed estimates, with a RSI of 74.03. Kraft Heinz Company (KHC) announced a $3 billion share repurchase program, with a RSI of 72.09. Target Corporation (TGT) posted better-than-expected Q3 results, with a RSI of 72.90. BRF S.A. (BRFS) reported a Q3 loss, with a RSI of 74.07. All stocks have seen recent price increases but experienced slight declines or modest gains on the last trading day reported.

Portfolio Pulse from Lisa Levin

November 30, 2023 | 1:09 pm

JP Morgan analyst Celine Pannuti has maintained an Overweight rating on Anheuser-Busch InBev (NYSE:BUD) and increased the price target from $76 to $79, indicating a positive outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 6:55 pm

Anheuser-Busch InBev's (NYSE:BUD) short interest has decreased by 14.29% since the last report, with 3.14 million shares sold short, representing 0.18% of available shares. The average time to cover these short positions is 1.48 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Compared to its peers, BUD has a lower short interest as a percentage of float, with the peer group average at 5.42%.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 3:00 pm

Consumer staples stocks are up due to market strength following October's inflation data, which was less severe than anticipated.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 8:52 pm

Three consumer staples stocks, US Foods Holding Corp. (USFD), Anheuser-Busch InBev SA/NV (BUD), and RLX Technology Inc. (RLX), are showing overbought signals with RSI values above 70. USFD reported strong Q3 sales and market share gains, BUD reported a 5% sales growth but missed estimates, and RLX posted upbeat Q3 earnings. All three stocks saw slight increases in their share prices on Monday.

Portfolio Pulse from Lisa Levin

November 14, 2023 | 12:58 pm

Investors have taken a bearish stance on Anheuser-Busch InBev (NYSE:BUD), with 72% of big-money traders showing bearish sentiment. Uncommon options trades for the company have been spotted, with 5 puts amounting to $622,675 and 6 calls amounting to $228,130. Whales have been targeting a price range from $50.0 to $80.0 for the company over the last 3 months. The company's trading volume stands at 2,037,213, with its price up by 1.15%, positioned at $60.0. The stock may be overbought according to RSI indicators.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 8:17 pm

Despite Bud Light's failed attempt to revive its brand, parent company AB InBev (NYSE:BUD) saw its stock rise by 5.26% following mixed earnings. The company also reaffirmed its guidance and announced a buyback. Portfolio Armor, who had bet against BUD, is now reviewing its process and adding a new metric, Chartmill’s Valuation Rating, to better assess future trades.

Portfolio Pulse from David Pinsen

November 01, 2023 | 4:55 pm

Anheuser-Busch Inbev SA (BUD) is recovering from a transgender-related controversy, with better than expected earnings and regained market share. Molson Coors Beverage Co Class B (TAP) initially benefited from the situation, but the advantage was temporary.

Portfolio Pulse from The Arora Report

October 31, 2023 | 7:50 pm

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