BUD - Anheuser-Busch InBev SA/NV
76.26 0.00 (0.00%)
After hours: 4:17PM EST
| Previous Close | 75.58 |
| Open | 75.37 |
| Bid | 76.23 x 1200 |
| Ask | 76.24 x 1000 |
| Day's Range | 75.29 - 76.55 |
| 52 Week Range | 73.57 - 102.70 |
| Volume | 1,144,107 |
| Avg. Volume | 1,110,217 |
| Market Cap | 149.232B |
| Beta (5Y Monthly) | 0.84 |
| PE Ratio (TTM) | 16.17 |
| EPS (TTM) | 4.72 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 2.01 (2.66%) |
| Ex-Dividend Date | Nov 18, 2019 |
| 1y Target Est | 98.93 |
- American City Business Journals
Atlanta Hawks launching official 'bar network' for watch parties, team events
Hawks fans, make some noise for a new roster of bars that will officially support Trae Young and co. The Atlanta Hawks have launched an official "bar network," partnering with Anheuser-Busch and 13 watering holes across Metro Atlanta. "With our partners, we're always looking to extend that brand connection outside [State Farm Arena], and looking for creative and impactful ways to do that," Hawks chief revenue officer Andrew Saltzman told Atlanta Business Chronicle in a telephone interview.
- Reuters
Beer, wine, spirit makers pledge age-restriction labels on drinks
Twelve leading beer, wine and spirits companies have pledged to put clear age-restriction labels on their drinks and set tighter controls on access to their online content in a bid to reduce underage drinking. The International Alliance for Responsible Drinking (IARD), which includes Anheuser-Busch InBev, Diageo and Pernod Ricard, say age-restriction symbols or wording would be in place in all markets by 2024. The labels would also extend to alcohol-free versions of established brands.
- Reuters
CORRECTED-Super Bowl to feature Trump, Bloomberg and corporate America battling for attention
When the San Francisco 49ers and Kansas City Chiefs face off at the National Football League's Super Bowl LIV in Miami on Sunday, billionaire presidential candidates will battle for attention while big brands bearing positive messages hope to bring balance to the divisive political atmosphere. President Donald Trump and Democratic presidential hopeful Michael Bloomberg are spending $10 million each to appeal directly to voters watching the big game, an unprecedented event in Super Bowl history.
- MarketWatch
Michelob Ultra Pure Gold promotes organic farming program with Super Bowl commercial
Michelob Ultra Pure Gold has unveiled its 60-second Super Bowl LIV commercial, which promotes the new "6 For 6-Pack" program that will help farmers convert six square feet of farmland to organic with each purchase of a six-pack of Michelob Ultra Pure Gold. The program expands on the Contract for Change program, which launched in July 2019 and pledged to help farms make the move to organic barley production. Michelob Ultra Pure Gold says it's the first national beer brand to be USDA-certified organic. Michelob is an Anheuser-Busch brand. Anheuser Busch InBev S.A. stock is down 2.8% in Monday trading, but up 1% over the last year. The S&P 500 index has gained nearly 22% for the last 12 months. Watch here.
- Barrons.com
What’s Missing at Davos: True Communication
Lack of multilateral interaction makes reaching agreement difficult. German Chancellor Angela Merkel calls it “worse than the Cold War.”
- American City Business Journals
Retired baseball superstar joins forces with one of Anheuser-Busch's beer brands
Retired baseball star Alex Rodriguez is joining forces with Anheuser-Busch InBev's Presidente Beer. A-Rod, as he's known, is given the title of co-owner and chairman of Presidente USA, though it's unclear whether he's acquired a stake in the brand. Founded in 1935 in the Dominican Republic, Presidente Beer was acquired by A-B in 2012.
- PR Newswire
A-Rod Up To Bat For Presidente
Anheuser-Busch InBev today announced a landmark partnership between the iconic Dominican pilsner Presidente Beer and Alex Rodriguez, with the baseball legend and entrepreneur joining as Chairman of Presidente USA.
- American City Business Journals
Molson Coors acquires its 1st craft brewery in 4 years
Molson Coors Beverage Co. (NYSE: TAP) announced Wednesday that it’s purchased Atwater Brewery of Detroit, marking the first time since 2016 that the now-Chicago-based company has acquired another brewery and offering a hint that the recently announced revitalization efforts under new CEO Gavin Hattersley could involve more M&A activity involving both independent breweries and non-beer makers. Atwater, a 23-year-old brewery known for its Vanilla Java Porter and other riffs on traditional beer styles, joins Molson Coors’ Tenth and Blake portfolio of craft-style beer makers that includes AC Golden Brewing of Colorado as well as brands like Terrapin Beer Col, Saint Archer Brewing Co. and Hop Valley Brewing Co. Company officials did not disclose terms of the transaction, which is expected to be completed in the coming months.
- TheStreet.com
Alex Rodriguez Buys Stake in AB InBev's Presidente Beer
Alex Rodriguez is going from the clubhouse to the board room after purchasing a minority stake in Dominican beer brand Presidente, according to a report by the New York Post. Rodriguez will serve as chairman, the report said. Presidente is part of the Anheuser-Busch InBev drink family.
- Barrons.com
AB InBev Boss Carlos Brito Is Optimistic On The Global Economy After Progress On Trade Deals
Carlos Brito, who is attending the World Economic Forum in Davos, told Barron’s the business isn’t as affected by trade deals as some industries because AB InBev “buys locally, brews locally and sells locally.”
- American City Business Journals
Goose Island Beer going national with its first-ever low-cal beer
Goose Island Beer Co. is going national with its first-ever IPA low-calorie brew, called So-Lo. The brew has been in test for several months as it was served only to visitors to the Goose Island brewery in Chicago. A spokesman for Goose Island declined to say exactly how many markets nationally will carry So-Lo in the early going.
- Benzinga
Anheuser Busch CEO On Dry January, Hard Seltzer And CBD
One of the immediate trends in the beverage industry is "dry January" where consumers give up drinking alcohol for the first month of the year. Regardless, the CEO said there is zero impact on its financials from "dry January," although it won't ignore the profitable market.
- PR Newswire
Natural Light Seltzer Is Inviting You To Their House Party For The Big Game
Natural Light Seltzer is launching its newest flavor, a delicious strawberry-kiwi blend called House Rules, by throwing the most epic house party for the big game alongside Rick Ross on Star Island in Miami, FL on February 2. The best part is...you can get on the guest list.
- Reuters
Brazil's Ambev sets ambitious target to end plastic pollution in packaging
Brazilian beverages company Ambev SA has set an ambitious target of eliminating plastic pollution in its packaging by 2025, in a push that an executive said on Monday has the potential to generate approximately 1 billion reais ($239.09 million) in business. Latin America's largest brewer is partnering with stakeholders, including suppliers, recycling cooperatives, startups and universities to have all its beverages either in returnable packaging or made of 100% recycled material. "Today 40% of our beers already use returnable packaging, but as we made progress our dream got bigger and we decided to end plastic pollution in our packaging," Ambev's vice-president of sustainability and supply chain, Rodrigo Figueiredo, said in an interview.
- MarketWatch
Millennials like White Claw better than wine — and it’s shaking up the alcohol industry
Millennials are putting a cork in their wine habit. U.S. wine sales have fizzled for the first time in 25 years as young adults sip spiked seltzers and spirits, instead. The volume of U.S. wine purchases slipped 0.9% in 2019, according to alcohol industry tracker IWSR — the first drop since 1994.
- Moody's
Anheuser-Busch InBev Worldwide Inc -- Moody's announces completion of a periodic review of ratings of Anheuser-Busch InBev SA/NV
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Anheuser-Busch InBev SA/NV and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
- InvestorPlace
The Big Rebound in Canopy Growth Stock Will Only Get Bigger
The long overdue rebound in marijuana stocks is finally here. The cannabis sector, led by the segment's most important company, Canopy Growth (NYSE:CGC), are breaking out in early 2020. Investors are betting that the demand and legislative troubles of 2019 will fade, and the whole industry will rebound in a big way over the next several quarters.Source: Shutterstock This isn't a small breakout, either, but a material one: Canopy Growth stock is already up 12% in 2020. That's basically 1% growth every trading day and represents the most upward momentum this stock has seen since early 2019. And it's worth noting that the move has also been on big volume, so there appears to be a lot of money out there staking big on a huge CGC turnaround.That's the good news for bulls. Here's the better news -- this big Canopy Growth stock turnaround will only get bigger as we go deeper into 2020.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Cheap Stocks to Buy Under $10 In a nutshell, favorable fundamental developments in the cannabis market will spark a significant growth trend reversal for Canopy over the next few quarters. This growth trend reversal will converge on what is still a very beaten-up and relatively discounted CGC stock. That convergence will spark a huge rally in shares to levels north of $30.Here's a deeper look. Favorable Fundamentals Will Develop in 2020Thanks to weakening fundamentals in the global cannabis market, Canopy's growth trajectory meaningfully slowed in 2019. I think that will change in 2020. Cannabis market fundamentals will strengthen and Canopy's growth trajectory will meaningfully improve.This thesis breaks down into three components: revenue growth re-acceleration, profit margin stabilization and net loss reduction.First, the introduction of new products like vapes and edibles into the Canadian market, coupled with significant legal retail footprint expansion, will re-ignite demand growth throughout Canada's legal cannabis market over the next few months. At the same time, Canopy Growth will aggressively pivot into the U.S. market with its First & Free hemp product line. Canadian legal demand revival coupled with new U.S. revenue streams will improve Canopy's revenue growth trajectory in 2020.Second, as demand trends in Canada improve in 2020, demand will finally start to catch up to a supply glut in the market. This will lead to more favorable market pricing and higher gross margins for Canopy Growth. Simultaneously, Canopy's 2019 production facilities will start to produce at capacity in 2020, which will also provide a year-over-year margin boost. Net net then, Canopy's 2019 margin headwinds could turn into 2020 margin tailwinds.Third, the combination of revenue growth re-acceleration and profit margin stabilization will lead to Canopy reporting narrower losses. That's a big deal for a hyper-growth, unprofitable company that needs to inch towards profitability in order to justify its valuation. Canopy Growth Stock Will SoarBecause of the three aforementioned fundamental improvements, CGC is set to soar in 2020.The logic is pretty simple. Investors once believed that Canopy would emerge as the top dog in an ultra valuable global cannabis industry. But slowing growth and profitability concerns clouded that bull thesis, and ultimately knocked shares down to $20. Those slowing growth and profitability concerns will ease significantly in 2020. As they do, investors will start to once again buy into the idea that Canopy is going to emerge at the top dog in a huge global cannabis industry.The last time investors believed that, Canopy Growth stock was up at $50. Shares could make a run for that level again as investors once again adopt this bullish mentality amid re-accelerating growth, stabilizing margins and narrowing losses.The numbers are pretty simple, too. Under the paradigm that Canopy will leverage its unparalleled size, resources, partnerships, and distribution to turn into the Altria (NYSE:MO) or Anheuser-Busch (NYSE:BUD) of a several hundred billion dollar global cannabis industry at scale, I think that Canopy reasonably projects to earn $5 in profits per share by fiscal 2030.Based on a forward earnings multiple of 16 and a 10% annual discount rate, that implies a a 2020 price target for Canopy Growth stock of about $33 to $34. Bottom Line on CGC StockCGC had an awful 2019 amid deteriorating cannabis market fundamentals. Shares will bounce back in 2020 amid improving cannabis market fundamentals. This rebound has already started in the first two weeks of 2020, and will continue for the balance of the year. Ultimately, Canopy Growth stock will head way higher over the next several months.As of this writing, Luke Lango was long CGC. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Stocks to Buy Under $10 * 5 Retail Stocks Placer.ai Thinks Can Win Big in 2020 * 6 Cheap Stocks to Buy Under $7 The post The Big Rebound in Canopy Growth Stock Will Only Get Bigger appeared first on InvestorPlace.
- Bloomberg
AB InBev Turns to Solar Power as South Africa Suffers Blackouts
(Bloomberg) -- Sign up to our Next Africa newsletter and follow Bloomberg Africa on TwitterAnheuser-Busch InBev is installing solar panels at South African breweries in a push to reach global environmental goals that comes as state-owned utility Eskom Holdings SOC Ltd. struggles with blackouts.The brewer of Budweiser beer said it’s joined an 18 billion rand ($1.3 billion) pan-African plan to generate more energy from environmentally friendly sources. The solar panels in South Africa are just one part of the initiative, which includes partners and spans the region.The world’s biggest brewer has set a global target of securing all of its purchased energy from renewable sources by 2025. The company this month partnered with others in Europe to tap green power from BayWa r.e., a German renewable energy developer.The latest move comes as Eskom has had to institute rolling electricity blackouts due to operational problems. That has prompted South African companies to secure electricity through other means, although regulations require them to buy some of their power from the utility.“We can’t do 100% renewable power in Africa at this stage” because of the sourcing rules and the instability of some power grids, said Taryn Rosekilly, vice president for sustainability at AB InBev Africa.AB InBev is completing solar electricity projects at seven South African manufacturing sites and also testing electric trucks for deliveries.Solar power at the breweries will provide 10% to 15% of the energy needs of AB InBev’s South African businesses and costs 15-20% less than buying electricity generated by Eskom, the company says. Other green power generation options being considered include wind and converting liquid waste produced by the breweries into gas.By the end of this year, AB InBev plans to use wind and solar power at a malting plant in Caledon, in South Africa’s Western Cape province. It will be the first South African site using 100% renewable energy.To contact the reporter on this story: Janice Kew in Johannesburg at jkew4@bloomberg.netTo contact the editors responsible for this story: Eric Pfanner at epfanner1@bloomberg.net, John LauermanFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Investopedia
Top Beer Stocks for Q1 2020
The beer industry is made up of companies specializing in the production of beer, but which also produce other alcoholic and non-alcoholic beverages. Beverages are considered consumer staples and thus the beer industry may be considered a small part of the broader consumer staples sector.
- Benzinga
Budweiser Spending Millions To Advertise Hard Seltzer During Super Bowl
Investors looking for further evidence of the growth of hard seltzer should pay extra attention during Super Bowl LIV. AB InBev, the parent company of Budweiser, believes it has a "beautiful opportunity" during the Super Bowl to market its Bud Light Seltzer to both Bud Light drinkers and non-Bud Light drinkers, WSJ quoted the company's U.S. marketing chief Marcel Marcondes as saying on a conference call.
- Simply Wall St.
Here's How We Evaluate Anheuser-Busch InBev SA/NV's (EBR:ABI) Dividend
Is Anheuser-Busch InBev SA/NV (EBR:ABI) a good dividend stock? How can we tell? Dividend paying companies with growing...
- Bloomberg
AB InBev’s CFO Felipe Dutra May Be Stepping Down After 15 Years
(Bloomberg) -- Anheuser Busch InBev’s Felipe Dutra may step down after about 15 years as chief financial officer of the world’s largest brewer, a person familiar with the matter said.Succession planning is routine for officials at his level, according to the person, who asked to remain anonymous as the information isn’t public. Timing of the change isn’t known and Nelson Jamel, the company’s financial head for North America, is one of a number of people under consideration as a replacement, the person said.AB InBev has disappointed investors as Chief Executive Officer Carlos Brito reported earnings below analysts’ estimates in four of the past eight quarters. Brito halved the brewer’s dividend payout in 2018 amid sluggish progress on debt reduction following the acquisition of SABMiller in 2016, although moves such as the disposal of the Asian business are aimed at cutting borrowings.The shares fell as much as 1% in Brussels Wednesday.The Financial Times reported earlier that AB InBev was considering replacing Dutra. A company representative declined to comment. A call to Dutra’s office after business hours wasn’t answered.(Updates with shares in fourth paragraph)To contact the reporter on this story: Thomas Buckley in London at tbuckley25@bloomberg.netTo contact the editors responsible for this story: Eric Pfanner at epfanner1@bloomberg.net, John Lauerman, Jonathan RoederFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.
