Constellation Brands (STZ) plans to announce its results for the first quarter of fiscal 2020 on June 28. Constellation Brands stock has risen 14.4% since the start of this year. Analysts expect the company’s adjusted EPS to decline 6.8% to $2.05 in the first quarter.
Constellation Brands’ (STZ) 12-month forward PE mulitple increased 7.2% to 21.2x on April 4, the day the company announced its results for the fourth quarter of fiscal 2019.
Earlier this week, AB InBev (BUD) CEO Carlos Brito indicated in an interview with CNBC that marijuana might not have been behind the decline in beer sales.
Constellation Brands’ (STZ) top line growth in the third quarter of fiscal 2019 continued to be driven by demand for the company’s Mexican beer brands.
Tilray’s latest announcement After the market closed today, Canadian cannabis company Tilray (TLRY) announced a partnership with Belgium based brewer- AB InBev (BUD) “to research non-alcohol beverages containing tetrahydrocannabinol (THC) and cannabidiol (CBD).” With this partnership, Tilray expects to benefit from BUD’s rich experience in the beverage industry. According to the partnership agreement, both the […]
The majority of the 20 analysts covering Constellation Brands (STZ) stock have a “buy” rating. As of December 26, 70.0% of the analysts had a “buy” rating and 30.0% had a “hold” rating.
As of December 26, Constellation Brands’ (STZ) was trading at a 12-month forward PE (price-to-earnings) ratio of 25.6x. The company’s valuation multiple has risen 6.9% since the announcement of its fiscal 2Q18 results.
Constellation Brands (STZ) has exceeded analysts’ sales expectations in seven out of the past ten quarters. In fiscal 2Q18, which ended on August 31, 2017, the company generated sales of $2.09 billion.
As of December 26, Constellation Brands (STZ) stock has risen 47.1% to $225.51 on a YTD (year-to-date) basis. The leading beer, wine, and spirits producer has outperformed the broad market.
Constellation Brands’ (STZ) 12-month forward PE (price-to-earnings) ratio fell 1.4% to 24.0x on October 5, 2017, the day the company announced its fiscal 2Q18 results.
Constellation Brands (STZ) is scheduled to announce its fiscal 2Q18 results on October 5, 2017. As of September 28, STZ stock has risen an impressive 30.0% on a YTD basis.
With the competition intensifying in the beer space, it remains to be seen whether Constellation Brands’ beer portfolio will continue to enjoy strong demand.
Constellation Brands stock has risen 20.4% to $184.57 as of June 23, 2017. The company has outperformed other major nonalcoholic beverage companies’ stocks on a year-to-date basis.
Constellation Brands (STZ) has delivered strong sales growth over the past few quarters backed by its strategic acquisitions and the strength of its imported beer portfolio.
Constellation Brands (STZ) delivered impressive margin growth last year. The company’s gross margin was 48.1% in fiscal 2017, a rise of 44.9% compared to fiscal 2016.
On March 31, 2017, 12 out of 18 analysts had “buy” ratings on Constellation Brands (STZ) stock. Six analysts had “hold” ratings on the stock, and no analysts had “sell” ratings on the stock.
Constellation Brands (STZ) is slated to announce its fiscal 4Q17 and fiscal 2017 results on April 6, 2017. The company’s fiscal 4Q17 ended on February 28, 2017.
A short-term corporate bond offers investors with a lower risk profile to invest in fixed income securities with intermediate or short-term maturities.
Constellation Brands declared a quarterly cash dividend of $0.40 per share on its Class A common stock and $0.36 per share on its Class B common stock.
Constellation Brands’ (STZ) 12-month forward PE (price-to-earnings) ratio fell 7.3% to 20.1x on January 5, following the company’s fiscal 3Q17 results.
Constellation Brands (STZ) delivered impressive earnings yet again, exceeding analysts’ expectations for the ninth straight quarter in fiscal 3Q17, which ended on November 30, 2016.
Constellation Brands’ (STZ) stock price fell 7.1% on January 5 despite the company announcing impressive earnings for fiscal 3Q17, which ended on November 30, 2016.
Brewing strong sales Constellation Brands’ (STZ) beer business has been a key driver of the company’s top-line growth. Constellation Brands’ beer segment comprises popular Mexican beer brands like Corona Extra, Corona Light, and Modelo Especial. It also consists of craft beer brands, including Ballast Point, which the company acquired in December 2015. The company is the […]
Constellation Brands rose 0.66% to close at $167.12 per share on October 31. Its weekly, monthly, and YTD price movements were -1.4%, 0.38%, and 18.2%.
Price movement Constellation Brands (STZ) fell 1.2% to close at $167.41 per share during the third week of October 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -1.2%, 0.84%, and 18.4%, respectively, as of October 21. STZ is trading 0.10% below its 20-day moving average, 0.78% above its 50-day moving average, […]
Bank of America Merrill Lynch initiated its coverage of Molson Coors Brewing (TAP) with a “buy” rating and set the stock’s price target at $140.00 per share.
On October 7, 13 out of 20 analysts had a “buy” recommendation for Constellation Brands (STZ). Five analysts had a “hold” recommendation and two analysts had a “sell” recommendation for STZ.
Following a strong performance by the Beer segment in the first half of fiscal 2017, Constellation Brands (STZ) expects the segment’s net sales for fiscal 2017 to grow 16%–17%.
Constellation Brands (STZ) impressed investors with another quarter of strong earnings and sales growth in fiscal 2Q17. The beer, wine, and spirits producer beat the analysts’ earnings estimate for the eighth straight quarter.
