Analysts Raise Target Price for Constellation after 4Q Results
As of April 7, 12 out of 18 analysts covering Constellation Brands stock rated it as a “buy.”
On April 6, Constellation Brands’ (STZ) 12-month forward PE (price-to-earnings) multiple rose 0.2% to 22.2x.
Constellation Brands’ (STZ) impressive earnings growth in fiscal 4Q17, which ended on February 28, 2017, was also a result of improved margins.
Can Hershey Deliver Yet Another Positive Earnings Surprise?
Hershey (HSY) is slated to report its 1Q17 results on Wednesday, April 26.
In the past three fiscal years, McCormick has returned more than $1.0 billion to its shareholders in the form of dividends and share buybacks.
Despite a slow-growth scenario in the food industry, McCormick has driven sales through strategic acquisitions and price restructuring.
How Mondelēz’s Valuation Compares to Its Peers
On April 21, 2017, Mondelēz International (MDLZ) was trading at a 12-month forward price-to-earnings ratio of 21.4x.
Analysts expect Mondelēz’s (MDLZ) top line to decrease 1.2% year-over-year to $6.4 billion in 1Q17.
Mondelēz International has delivered savings of $0.5 billion in indirect costs over the past three years.
Walmart Announces New Pickup Discounts to Lure Shoppers
In yet another move to strengthen its online offerings, Walmart (WMT) announced the introduction of pickup discounts on April 12.
Walmart (WMT) has taken a series of strategic measures to beef up its e-commerce arm.
As of April 7, Walmart (WMT) was trading at a 12-month forward PE ratio of 16.9x. It’s trading at a discount to the forward PE ratios of XLP and SPX.
PepsiCo Stock: What Analysts Say ahead of 1Q17 Results
As of April 19, 73.0% or 16 out of 22 analysts have a “buy” rating for PepsiCo’s (PEP) stock. Six analysts have a “hold” rating.
As of April 19, PepsiCo (PEP) was trading at a 12-month forward PE (price-to-earnings) ratio of 22.1x.
PepsiCo (PEP) is slated to announce its fiscal 1Q17 results on April 26. The company exceeded analysts’ earnings expectations in each of the four quarters in fiscal 2016.
How Has Supervalu’s Stock Performed?
After falling around 30% in 2016, Supervalu’s (SVU) stock continues to be in the red in 2017.
Wall Street is quite positive on Supervalu’s (SVU) stock. Analysts are expecting a 45% rise in SVU’s stock price over the next 12 months.
After adjusting for certain one-time charges, third quarter net earnings (from continuing operations) stood at $14 million, or $0.05 per diluted share.