|Last Price$165.39||Day Change (%)-0.56%|
|Open Price$166.49||Day Change ($)-0.93|
|Day Range164.87–166.71||52-Week Range114.49–168.13|
As of Tue 7/26/2016 6:56:00 PM | USD
Constellation Brands earnings, sales rise above expectations
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We do not anticipate any change to our $32 per share fair value estimate for Constellation Brands STZ after reviewing fiscal first-quarter results. Net revenue increased 5% from the year-ago period, or 7% excluding the effects of foreign exchange. Strong performances from the imported beer and ...
We are currently leaving our $32 fair value estimate for Constellation Brands STZ in place after learning that the company has formed a joint venture with Grupo Modelo to create the sole importer for Modelo brands in the United States and Guam; however, we think this is likely good news and may ...
If investors can get past valuations in the consumer staples sector, there are a raft of low-cost ETF options offering access to the space.
The recent wave of M&A continued this week, but some mergers look better than others for shareholders.