Let’s look at the key reasons that are pushing Anheuser-Busch InBev SA/NV ADR (BUD) to new highs

Anheuser-Busch InBev SA/NV ADR (NYSE: BUD) on Tuesday, plunged -1.87% from the previous trading day, before settling in for the closing price of $57.07. Within the past 52 weeks, BUD’s price has moved between $56.43 and $67.49.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 2.65%. The company achieved an average annual earnings per share of 9.77%. With a float of $1.75 billion, this company’s outstanding shares have now reached $1.75 billion.

Let’s determine the extent of company efficiency that accounts for 154540 employees. In terms of profitability, gross margin is 54.34%, operating margin of 24.37%, and the pretax margin is 16.26%.

Anheuser-Busch InBev SA/NV ADR (BUD) Breakdown of a Key Holders of the stock

Observing investor behavior towards Beverages – Brewers industry stocks is more important than anything else. The insider ownership of Anheuser-Busch InBev SA/NV ADR is 0.00%, while institutional ownership is 5.84%.

Anheuser-Busch InBev SA/NV ADR (BUD) Recent Fiscal highlights

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.82 earnings per share (EPS) for the period topping the consensus outlook (set at 0.72) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.83 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 9.77% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.11% during the next five years compared to 3.67% growth over the previous five years of trading.

Anheuser-Busch InBev SA/NV ADR (NYSE: BUD) Trading Performance Indicators

Anheuser-Busch InBev SA/NV ADR (BUD) is currently performing well based on its current performance indicators. A quick ratio of 0.51 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.64. Likewise, its price to free cash flow for the trailing twelve months is 9.19.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.89, a number that is poised to hit 0.71 in the next quarter and is forecasted to reach 3.69 in one year’s time.

Technical Analysis of Anheuser-Busch InBev SA/NV ADR (BUD)

Looking closely at Anheuser-Busch InBev SA/NV ADR (NYSE: BUD), its last 5-days average volume was 3.02 million, which is a jump from its year-to-date volume of 1.62 million. As of the previous 9 days, the stock’s Stochastic %D was 8.75%. Additionally, its Average True Range was 1.03.

During the past 100 days, Anheuser-Busch InBev SA/NV ADR’s (BUD) raw stochastic average was set at 2.73%, which indicates a significant decrease from 3.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.57% in the past 14 days, which was higher than the 21.91% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $63.39, while its 200-day Moving Average is $61.82. However, in the short run, Anheuser-Busch InBev SA/NV ADR’s stock first resistance to watch stands at $56.32. Second resistance stands at $56.64. The third major resistance level sits at $56.96. If the price goes on to break the first support level at $55.68, it is likely to go to the next support level at $55.36. Now, if the price goes above the second support level, the third support stands at $55.04.

Anheuser-Busch InBev SA/NV ADR (NYSE: BUD) Key Stats

Market capitalization of the company is 98.00 billion based on 1,797,198K outstanding shares. Right now, sales total 59,380 M and income totals 5,341 M. The company made 15,046 M in profit during its latest quarter, and 2,071 M in sales during its previous quarter.