|Bid||98.92 x 800|
|Ask||98.95 x 1300|
|Day's range||98.40 - 98.97|
|52-week range||91.70 - 126.50|
|PE ratio (TTM)||26.20|
|Forward dividend & yield||4.96 (5.03%)|
|1y target est||113.24|
Shares of Boston Beer Co. Inc. are up 1.8% in midday trading Friday after Susquehanna Financial Group analyst Pablo Zuanic raised his price target on the stock to $305 from $221. "Yes, we are chasing the rally here, but in all fairness the very successful innovation around hard cider, hard seltzer, the new Sam'76 (a more approachable craft beer), and sustained 20% plus growth in hard tea, has caught even management by surprise, if we go by guidance and apparent stock outs," Zuanic wrote.
If you are a shareholder in Anheuser-Busch InBev SA/NV’s (ENXTBR:ABI), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of yourRead More...
AB InBev's (BUD) dismal show in the recent past is mainly due to its soft earnings trend. Also, volatility in certain key markets remains a hurdle.
Investors in Chinese brewing stocks may have beer goggles on. While the sector lags behind global brewers in operating margins and earnings growth, the companies trade at a premium that outstrips their peer average by several times -- thanks in part to the U.S.-China trade tension that recently sparked a wave of demand for shares of domestically focused sectors from beverage to health care. To Sanford C. Bernstein analyst Euan McLeish, those investors’ only hope is for a “moonshot” of sorts.
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Rolled out by AB InBev (ABI.BR) across the country this year, the larger bottles are part of a plan by the world's biggest brewer to lure price-conscious South Africans to its mid-market beers and away from bargain rivals or home brews. AB InBev's move marks a departure from its typical playbook of increasing margins and profits principally through higher prices and rigorous cost control, tactics honed through its close association with private equity firm 3G Capital.
Rolled out by AB InBev across the country this year, the larger bottles are part of a plan by the world's biggest brewer to lure price-conscious South Africans to its mid-market beers and away from bargain rivals or home brews. AB InBev's move marks a departure from its typical playbook of increasing margins and profits principally through higher prices and rigorous cost control, tactics honed through its close association with private equity firm 3G Capital.
Canadian Solar, Anheuser-Busch InBev, Best Buy, Ralph Lauren and Urban Outfitters as Zacks Bull and Bear of the Day
SHANGHAI (AP) — "Panda Beer," ''Little General," ''Flying Fist IPA," and "Mandarin Wheat" are among the offerings on tap at a craft beer exhibition this week in Shanghai dedicated to expanding the palette of Chinese consumers and promoting sales of high-end brews.
A lobbying group representing major foreign companies doing business in the United States including Anheuser Busch Inbev (ABI.BR) and Siemens (SIEGn.DE) said on Friday it had dropped its opposition to bills that would tighten oversight of foreign investment. The U.S. Senate and U.S. House of Representatives are considering bills introduced in November that would expand the powers of the inter-agency Committee on Foreign Investment in the United States, or CFIUS, which reviews investments to ensure they do not harm national security.
How about a “wide moat” to protect the payout’s upward trajectory? Tesla CEO and “Chief Disrupter” Elon Musk recently stormed the castle of investing theory when he challenged the importance of moats – the idea of corporate competitive advantages that make it difficult for other companies to whittle away market share. It’s a skirmish that brought longtime “wide moats” pitchman Warren Buffett into the fray, as the Berkshire Hathaway CEO and Musk had sparring words for one another.
American drinkers are abandoning beer for harder stuff, squeezing the world’s biggest brewers. Anheuser-Busch InBev SA, Molson Coors Brewing Co. and Heineken NV all reported sharply lower U.S. beer volume in the first quarter compared with a year earlier as drinkers turn to other alcoholic beverages, such as wine or whiskey. AB InBev said its volumes fell 4.1% in North America, partly because of weakness in the company’s core Bud and Bud Light brands.
Zimbabwe's largest brewer Delta Corporation reported a 27 percent jump in full-year profit to $89 million (65.6 million pounds) on Wednesday, after strong sales of beer and soft drinks in the second half of its financial year. Delta (DLTA.ZI), which is 40 percent owned by Anheuser-Busch Inbev (ABI.BR), said revenue increased to $572 million during the year that ended in March, up from $483 million previously. The company increased its final dividend payment by 32 percent to 7.20 U.S. cents, its highest since Zimbabwe dumped its own currency for the U.S. dollar in 2009.