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.
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.
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 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) 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) delivered impressive earnings yet again, exceeding analysts’ expectations for the ninth straight quarter in fiscal 3Q17, which ended on November 30, 2016.
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.
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.
Constellation Brands’ stock price has risen 17.7% to $165.58 as of September 26 on a YTD basis. Currently, it’s trading above its YTD average price of $155.31.
The Vanguard European Stock Index Fund’s assets were spread across a staggering 1,250 stocks as of June 2016, and it was managing assets worth $17.8 billion.
In fiscal 2016, which ended on February 29, 2016, Constellation Brands’ beer business accounted for 55.3% of the company’s sales, up from 52.9% in fiscal 2015.
The Putnam Europe Equity Fund – Class A’s (PEUGX) assets were spread across 70 holdings as of March 2016, one less than a quarter ago. It was managing assets worth $314 million.
US corporates dominated the primary market for high-grade bonds in 1Q16 ended March 31, 2016. US corporates made up 32.2%, or $147.7 billion, of all issues.
MDEFX’s quantitative metrics are sending mixed signals. While its information ratio is below average, its alpha for the one-year period ended March 15, 2016, is above average.
The euro-to-US-dollar currency pair had a volatile day as it traded in a wide range of 1.0823–1.1209 until 2:00 PM ET on March 10, 2016. The euro was trading close to the 1.098 level before the ECB rate cut announcement.
The Harding Loevner International Equity Portfolio invests in developed markets except the US and in established companies from emerging and frontier markets.
The BlackRock EuroFund: Overview We’ll be analyzing the BlackRock EuroFund – Investor A Shares (MDEFX) in this article. The BlackRock EuroFund (all asset classes) is one of the smaller funds in this review. It was managing assets worth $391.5 million as of January 2016. As of December 2015, its assets were spread across 60 holdings […]
Altria Group is set to release its 4Q15 and 2015 earnings on January 28, 2016. MO’s earnings were in-line with Wall Street analysts’ expectations in 3Q15.
EON returned -40% in 2015, and its current price-to-earnings ratio is 17.8x. It’s trading 1% below its 100-day moving average. This was a storng resistance point.
Investment-grade bond funds have seen YTD net outflows of $1.87 billion up to January 13, 2016. High-grade bonds worth $62.47 billion—the highest in 2016 so far—were issued last week.
Anheuser-Busch InBev (BUD) issued $46.0 billion in high-grade bonds rated A2/A- rated on January 13. This was the second largest high-grade bond issuance on record.
Investment-grade corporate bonds worth $62.47 billion were issued in the primary market in the week ended January 15, 2016. Investment-grade corporate bonds worth $29.68 billion were issued in the previous week.
All major global indexes fell on Friday, January 15, 2016, after the UN lifted the sanctions on Iran. FEZ and EZU fell 3.3% and 3.5%, respectively, that day.
Constellation Brands is ramping up its beer production capacity in response to rising demand. The company’s beer brands are quite popular with US consumers.
The auto manufacturing industry was the biggest loser with a negative return of 1.5% on Tuesday, January 5, 2016. Volkswagen (VLKAY) stock alone fell 2.8%.
Anheuser-Busch (BUD) provided the positive return of 22% in FEZ in 2015. Currently, the stock is trading at 114.6 euros. Its 52-week high is 119.65 euros.
The euro fell to a 12-year low against the US dollar this year. Investors started trading on the monetary policy divergence between the ECB and the Fed.
On Friday, December 11, 2015, auto manufacturing stocks emerged as the biggest losers for the SPDR Euro STOXX 50 ETF (FEZ). Daimler, BMW, and Volkswagen fell 4.5%, 4%, and 3.5%, respectively.
Crude oil and commodity prices continued to fall on December 11, 2015, creating a nervousness in the minds of investors. Then investors exited their positions, which led to a global sell-off.
On Tuesday, November 24, 2015, the top performing stocks of the SPDR Euro STOXX 50 ETF (FEZ) were Volkswagen (VLKAY), Repsol, Anheuser-Busch (BUD), and Total (TOT).
On November 17, 68% of the portfolio holdings of the SPDR Euro STOXX 50 ETF (FEZ) closed above their 100-day moving averages, up from 46% on November 16.
According to the fund, the Fidelity Diversified International Fund (FDIVX) intends to attain capital appreciation by “normally investing primarily in non-U.S. securities.”
On November 13, 42% of the portfolio holdings of the SPDR EURO STOXX 50 ETF closed above their 100-day moving averages as compared to 49% on November 12.
Although FEZ has been moving below its 100-day and 20-day moving averages in the last three trading sessions, it didn’t fall below its 50-day moving average.
As of November 10, FEZ, a Eurozone equity-tracking ETF, had fallen in the last five trading sessions. That day, it closed at $35.91, a 0.42% fall from the previous trading session.
On November 11, 76% of the portfolio holdings of the SPDR Euro Stoxx 50 ETF (FEZ) closed above their 100-day moving average as compared to 73% on November 10.
