BUD Stock Summary and Trading Ideas (Anheuser-Busch Inbev SA Sponsored ADR (Belgium) | NYSE:BUD)

Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, according to Euromonitor, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and US-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev and in 2016 it acquired SABMiller.

Anheuser-Busch Inbev SA Sponsored ADR (Belgium) trades on the NYSE stock market under the symbol BUD.

As of April 23, 2024, BUD stock price climbed to $60.18 with 1,590,755 million shares trading.

BUD has a beta of 0.79, meaning it tends to be less sensitive to market movements. BUD has a correlation of 0.20 to the broad based SPY ETF.

BUD has a market cap of $118.58 billion. This is considered a Large Cap stock.

In the last 3 years, BUD stock traded as high as $79.67 and as low as $44.51.

The top ETF exchange traded funds that BUD belongs to (by Net Assets): APIE, AVDE, FLV, BINV, JSTC.

BUD has underperformed the market in the last year with a return of -6.9%, while the SPY ETF gained +24.3%. In the last 3 month period, BUD fell short of the market, returning -4.4%, while SPY returned +4.9%. However, in the most recent 2 weeks BUD has outperformed the stock market by returning 0.0%, while SPY returned -2.5%.

BUD support price is $58.91 and resistance is $60.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BUD stock will trade within this expected range on the day.