Anheuser-Busch InBev SA/NV ADR (NYSE:BUD) shares, rose in value on Friday, October 11, with the stock price up by 0.96% to the previous day’s close as strong demand from buyers drove the stock to $64.68.
Actively observing the price movement in the recent trading, the stock is buoying the session at $64.07, falling within a range of $64.46 and $64.9. The value of beta (5-year monthly) is 0.982 whereas the PE ratio is 22.37 over 12-month period. Referring to stock’s 52-week performance, its high was $67.49, and the low was $52.36. On the whole, BUD has fluctuated by -0.25% over the past month.
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With the market capitalization of Anheuser-Busch InBev SA/NV ADR currently standing at about $113.19 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Oct-31. The company’s Forward Dividend Ratio is 0.88, with its dividend yield at 1.36%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 60.62B, with a low estimate of 15.47B and a high estimate of 16.06B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 15.82B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BUD’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.09, with the price of BUD currently trading nearly -0.12% and 2.70% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.66, while the 7-day volatility ratio is showing 1.22% which for the 30-day chart, stands at 0.97%. Furthermore, Anheuser-Busch InBev SA/NV ADR (BUD)’s beta value is 1.11, and its average true range (ATR) is 0.88.
A comparison of Anheuser-Busch InBev SA/NV ADR (BUD) with its peers suggests the former has fared considerably weaker in the market. BUD showed an intraday change of 0.96% in today’s session so far, and over the past year, it grew by 18.58%%.
Data on historical trading for Anheuser-Busch InBev SA/NV ADR (NYSE:BUD) indicates that the trading volumes over the past 10 days have averaged 1.04 and over the past 3 months, they’ve averaged 1.16 million. According to company’s latest data on outstanding shares, there are 1.75 billion shares outstanding.
Nearly 0.00% of Anheuser-Busch InBev SA/NV ADR’s shares belong to company insiders and institutional investors own 5.85% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.69 million shares as on 2024-09-30, resulting in a short ratio of 2.64. According to the data, the short interest in Anheuser-Busch InBev SA/NV ADR (BUD) stood at 30.00 of shares outstanding as of 2024-09-30; the number of short shares registered in 2024-08-30 reached 2.77 million. The stock has risen by 0.10% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BUD stock heading into the next quarter.
