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.
Analysts’ Recommendations for Campbell Soup Stock
Of the 16 analysts covering Campbell Soup stock, 13.0% recommended a “buy,” 56.0% recommended a “hold,” and 31.0% recommended a “sell.”
Despite benefiting from ongoing restructuring initiatives aimed at reducing costs, Campbell Soup’s (CPB) margins fell during the quarter.
Campbell Soup marked a stark fall in its top line in February due to low consumer spending amid a shift towards healthier foods and a delay in tax returns.
Why Analysts’ Opinion about Walmart Improved after 1Q18 Results
The majority of analysts remain neutral on Walmart (WMT) stock. However, after the company’s strong start to the current fiscal year and continued positive comps growth, the consensus rating has improved.
Walmart (WMT) stock was trading at a 12-month forward PE multiple of 17.9x on May 19, 2017.
Walmart’s (WMT) Sam’s Club reported better-than-expected comps growth in fiscal 1Q18 thanks to the company’s strategic efforts to drive traffic and strong e-commerce sales.
Why Monster Beverage’s Operating Margin Contracted in 1Q17
Monster Beverage’s (MNST) gross margin expanded to 64.8% in 1Q17 from 62.2% in 1Q16. This gross margin expansion was the result of raw material cost savings.
On May 5, 2017, Monster Beverage (MNST) was trading at a 12-month forward PE (price-to-earnings multiple) of 31.1x, up 3.7% in reaction to its 1Q17 results.
Monster Beverage’s adjusted earnings per share rose 18.5% to $0.32 in 1Q17. The company’s strong double-digit earnings growth helped it to fall in line with analysts’ consensus estimate.
What Wall Street Recommends for SuperValu
Wall Street has a neutral view on SuperValu (SVU) and has rated its stock a 2.5 on a scale of 1 (strong buy) to 5 (strong sell). While supermarket chains…
SuperValu (SVU) reported adjusted EPS (earnings per share) of $0.13 in 4Q17, outperforming Wall Street expectations by $0.05. The first earnings beat for the company in 2017, it was largely…
After SuperValu (SVU) delivered better-than-expected 4Q17 results, its share price surged 5.7% to $4.07 on April 25, 2017. The stock price rose another 2% the next day. The company’s year-to-date…