Constellation Brands Inc
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Constellation Brands (NYSE:STZ) stock rose 6.3% on Wednesday. The company’s first-quarter adjusted EPS of $2.30 beat analysts’ forecast of $2.01.
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Today, Jefferies raised its target price for Constellation Brands (NYSE:STZ) stock before the company’s first-quarter results.
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Canopy Growth: No More Cash Investment from Constellation
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Constellation Brands Still Believes in the Cannabis Boom
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Constellation Brands’ Q3 Earnings Impressed Investors
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Cannabis Legalization: The World Waits for the US
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What to Expect from Constellation Brands’ Q3 Earnings
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CGC Has These Analysts Feeling Pessimistic
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Canopy Growth Has Life, Say These Managers
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Canopy Gets Estimates Revised by Analysts for 2020
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What’s Canopy Growth Strategy for Growth?
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Canopy Growth: A Cannabis 2.0 Update
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Why Canopy Growth’s New CEO Popped the Stock
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Was CGC a Big Mistake for Constellation Brands?
Canopy Growth (CGC) has seen dizzying ups and gloomy downs in 2019. The stock jumped up by 79.91% from $28.92 on January 2 to $52.03 on April 29.
Why Constellation Brands Sold Ballast Point
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Why Canopy Growth Isn’t Happy with Apple
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Canopy Growth: Why Is Constellation Brands Cutting Its Losses?
On November 22, Canopy Growth’s shares fell when Constellation Brands announced that it doesn’t plan to invest more in the company.
Canopy Growth Technical Analysis Looks Bullish
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HEXO: Legal Cannabis Might Not Kill Illegal Market
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Aurora Cannabis: Why Investors Must Watch Its Debt
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Canopy Growth: Is $1 Billion in Sales Still Possible?
Analysts expect Canopy Growth’s fiscal 2021 revenues to be around 0.99 billion Canadian dollars, which doesn’t paint a good picture of the company.
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Aurora Cannabis and EnWave Signed an Agreement
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Canopy Growth: Good Investment for Constellation Brands?
Despite the losses, Constellation Brands still has an optimistic outlook for Canopy Growth. The company is happy with Canopy Growth’s progress.
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Why Aurora Cannabis Wants to Grow Cannabis Outdoors
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Acreage Holdings: Analysts’ Target Price and Ratings
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Cannabis Marijuana Legalization: Mexico Will Seal the Deal!
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Cannabis Cannabis 2.0 Legalization: Canada Is Ready
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Cannabis Marijuana Legalization: Minnesota Welcomes You!
Marijuana legalization is an ongoing issue in the US. Currently, the District of Columbia and 11 states have legalized cannabis. Marijuana is still illegal for recreational use in Minnesota. However, the state’s voters might favor legalization. Minnesota voters are ready for marijuana legalization Minnesota hasn’t been able to come up with a legalization decision yet. […]
Canopy Growth Gets an Upgrade, Constellation Books Losses
Canopy Growth (CGC) (WEED) received optimistic views from analysts on Monday. Seaport Global Securities upgraded the stock to “buy” from “neutral.”
Canopy Growth: Bruce Linton Is Buying, Should You?
Bruce Linton, Canopy Growth’s (CGC) (WEED) former co-CEO, has acquired more stock in the company. Overall, analysts favor a “buy” rating on the stock.
Marijuana: What Do Buffett and the Richest Americans Think?
Marijuana is a hot topic right now! From presidential candidates to the wealthiest Americans, everyone is talking about the sector.
Why Ex-CEO Bruce Linton Still Believes in Canopy Growth
Few news items this summer jolted the legalized cannabis industry quite like the termination of former co-CEO Bruce Linton from Canopy Growth Corp.
Key Takeaways from Acreage Holdings’ Q2 Earnings
Acreage Holdings reported its second-quarter earnings results on August 13. The company reported stellar revenue growth of $17.7 million.
Will Kevin O’Leary Reconsider Investing in Cannabis?
Kevin O’Leary’s interest in cannabis stocks favors medicinal use over recreational use. We look at the changing landscape of the US cannabis industry.
Arizona Beverages to Introduce Cannabis Vape and Gummies
Arizona Beverages announced that it entered the cannabis market. The company signed a three-year licensing agreement with Dixie Brands.
How Will Canopy Growth Capture the US Vaping Market?
On Thursday, Canopy Growth announced its entry into the US vaporizer market. The company entered into a distribution agreement with Greenlane Holdings.
Why HEXO Stock Fell Almost 18% Last Week
HEXO (HEXO) stock lost nearly 18% in the week ending July 26. There weren’t any catalysts that showed weakness in the stock.
Constellation Brands’ Strong Beer Business Drove Q1 Earnings
Constellation Brands’ (STZ) top-line growth in the first quarter of fiscal 2020 (which ended on May 31) was yet again driven by strength in the company’s beer portfolio.
What to Expect from Constellation Brands’ Beer Business
Constellation Brands (STZ) exceeded analysts’ sales expectations in all the four quarters of fiscal 2019, which ended on February 28. In the fourth quarter of fiscal 2019, the company’s sales grew 2.0% to $1.80 billion and surpassed analysts’ estimate of $1.74 billion.
Will Constellation Brands Stock Rise on Q1 Results?
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.
How Does Constellation Brands’ Valuation Look after Q4 Results?
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.
How Constellation Brands’ Margins Fared in Fiscal 2019
Constellation Brands’ (STZ) gross margin increased about 170 basis points to 49.7% in the fourth quarter of fiscal 2019.
What’s Constellation Brands’ Fiscal 2020 Sales Outlook?
Constellation Brands (STZ) generated sales of $1.80 billion in the fourth quarter of fiscal 2019 and exceeded analysts’ expectation of $1.74 billion.
How Analysts Reacted to Constellation Brands’ Q4 Results
Constellation Brands (STZ) announced better-than-expected results for the fourth quarter of fiscal 2019 on April 4.
Assessing Constellation Brands’ Fiscal 2020 Outlook
Constellation Brands’ (STZ) sales grew 7.1% to $8.12 billion in fiscal 2019, which ended on February 28.
STZ Beats Q4 Estimates, Sells 30 Wine and Spirits Brands
Constellation Brands is up 4.0% as of 10:52 AM EDT today after reporting better-than-expected results for the fourth quarter of fiscal 2019.
What Might Impact Constellation Brands’ Q4 Earnings?
Analysts expect Constellation Brands’ fourth-quarter adjusted EPS to fall 9.5% to $1.72.
Constellation Brands’ Q4 Sales: Analysts’ Expectations
Analysts expect Constellation Brands’ sales in the fourth quarter of fiscal 2019 to fall 1.8% to $1.73 billion.
Will Constellation Brands End Fiscal 2019 on a Strong Note?
Constellation Brands (STZ) is scheduled to announce its fourth quarter and fiscal 2019 results on April 4.
Gundlach Ignored Cannabis’s Value Addition
Cannabis can be used medicinally or recreationally. With cannabidiol and tetrahydrocannabinol levels varying between strains, different effects may be elicited.
Key Takeaways from Canopy Growth’s Q3 Earnings Call
On February 14, Canopy Growth (WEED) (CGC) reported its earnings. The company held an earnings call the next day.
Dan Loeb Increased Third Point’s Position in These Stocks in Q4
In Q4 2018, Third Point initiated a new position in Cigna (CI), which is an American healthcare services organization.
What CGC’s Bruce Linton had to Say about STZ’s Stake
The cannabis industry (HMMJ) as a whole is gaining attention from serious investors and experts.
Where Constellation Brands’ Valuation Stands after Its Q3 Results
Constellation Brands (STZ) was trading at 12-month forward PE multiple of 15.4x as of the end of the day on January 9.
How Analysts Reacted to Constellation Brands’ Q3 Results
Constellation Brands (STZ) exceeded analysts’ expectations for its fiscal 2019 third-quarter top line and earnings.
What Drove Constellation Brands’ Q3 Operating Margin Expansion?
Constellation Brands’ (STZ) gross margin contracted in the third quarter of fiscal 2019, while its operating margin expanded.
What Drove Constellation Brands’ Impressive 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.
Assessing Constellation Brands’ Q3 Sales Growth
Constellation Brands (STZ) exceeded analysts’ sales expectation for the fourth consecutive quarter in the third quarter of fiscal 2019.