I'm not sure where this company falls. It's too small to be a major player in venues (stadiums concerts etc) and too big for a niche player, and owns brands having the same issue as the majors when it comes to demographics suggesting migration to spirits and craft beers-a double whammy.
The tepid growth supports this observation. As a value investor, the price is still too high. I would be a buyer in the mid high forties ($45-$47) but not here.