Why MSA Payments Are Falling despite High Profits
The most important factor that’s impacting settlement payments under the MSA is US cigarette consumption. People don’t smoke that much anymore.
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.
Is the OJ Contango as Bad as It Sounds?
Last week (ended June 16), FCOJ-A front-month futures in the US rose to $1.41 per pound from $1.39 per pound one week previously.
Last week, front-month sugar No. 11 futures closed at 13.4 cents per pound, falling week-over-week from 14.3 cents per pound one week previously.
Last week (ended June 16), cocoa front-month futures in the US fell to $1,977 per metric ton from $2,028 per metric ton one week previously.
Why Conagra’s Sales Is projected to Decline in Fiscal 4Q17
Analysts covering Conagra Brands (CAG) expect the company to post sales of $1.9 billion in fiscal 4Q17, which would be a fall of 34% YoY (year-over-year).
Conagra Brands (CAG) reported strong expansion in its margins in fiscal 3Q17. Its adjusted gross margin expanded 180 basis points that quarter.
Most analysts covering Conagra Brands (CAG) have maintained a positive outlook on the stock.
Analysts’ Recommendations for Target Stock
Most of the analysts covering Target (TGT) recommend a “hold.” Sluggish sales and a challenging outlook will likely weigh on the company’s performance.
Target stock will likely remain under pressure due to increased competition, which will hurt its store traffic and result in lower sales.
Target (TGT) is witnessing sluggish sales, and Amazon’s (AMZN) latest bid to acquire Whole Foods (WFM) will likely create further challenges for this mass merchandiser.
Which Nonalcoholic Beverage Firm Is Delivering Better Margins?
Weak sales and volume growth is making nonalcoholic beverage companies like Coca-Cola, PepsiCo, and Dr Pepper Snapple focus on improving their margins.
As of June 13, Coca-Cola, PepsiCo, and Dr Pepper Snapple were trading at 12-month forward PE ratios of 23.8x, 22.4x, and 20.0x, respectively.
As of June 13, 16 out of 26 (61%) of the analysts covering Coca-Cola (KO) stock gave it a “hold” rating. Nine analysts have a “buy” rating.
Wall Street Sees a 22% Upside in Walgreens
Walgreens is covered by 25 Wall Street analysts. The company has received a rating of 2 on a scale of 1 (strong buy) to 5 (sell). It has 72% “buy” and 28% “hold” recommendations and no “sell” recommendations.
Walgreens Boots Alliance (WBA) was trading at $76.37 as of June 22, 2017, near its 52-week low of $76.26. The company has fallen 7.7% YTD (year-to-date).
Walgreens Boots Alliance’s (WBA) proposed acquisition of Rite Aid (RAD) continues to await FTC (Federal Trade Commission) approval 20 months after the deal’s announcement.