|Bid||19.50 x 800|
|Ask||19.60 x 1000|
|Day's Range||19.45 - 19.60|
|52 Week Range||16.55 - 21.00|
|PE Ratio (TTM)||33.39|
|Earnings Date||Aug 9, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||21.75|
The trade conflict between the United States and China, which commenced March, is further intensifying as days progress. The situation is likely to aggravate in the near-term as President Trump has decided to implement a second phase with intentions of imposing tariffs worth $200 billion on Chinese exports. At this stage, it will be prudent to invest in defensive stocks to keep one’s portfolio safe from day-to-day market fluctuations.
Constellation Brands (STZ) acquires Four Corners to maintain its strong position in the beer space. The company is in the third spot in the high-end U.S. beer industry.
President Trump has decided to implement a second phase of tariffs with intentions of imposing tariffs worth $200 billion on Chinese exports.
Millennials are opting for healthier and non-alcoholic drinks, which has made not only soft beverages companies shift focus toward healthier drinks, but also beer manufacturers reorient their product line with low-alcohol content.
Although Constellation is perhaps best known for its portfolio of wine brands, its beers are also household names. According to Constellation's 2018 10-K , net income was up 51% over 2017, with beer sales up 10% compared with wine and spirits down 7%. At $231.08, Constellation's stock is trading at around 20 times earnings, and the stock price is up approximately 26% over the past 12 months. After this impressive performance, the stock's average 12-month price target of $254.19 suggests upside of around 10% from current levels.
The Zacks Analyst Blog Highlights: Craft Brew Alliance, Chefs' Warehouse, Turning Point Brands, Global Water Resources and Clean Energy Fuels
This analysis is intended to introduce important early concepts to people who are starting to invest and want to begin learning the link between Craft Brew Alliance Inc (NASDAQ:BREW)’s returnRead More...
Colgate's (CL) long-term strategies and earnings trend reflect fundamental strength, positioning it for growth. However, soft-margin trend remains a deterrent.
Brown-Forman (BF.B) gains from impressive surprise history, solid brand portfolio, expansion plans and shareholder-friendly moves. Rise in Jack Daniel's prices in Europe may hurt the top line.
Craft Brew Alliance, Inc. (“CBA”) (BREW), a leading craft brewing company, today announced that Joseph K. Vanderstelt, chief financial officer, will be departing the company, effective July 13, 2018. Mr. Vanderstelt has resigned his position at CBA to accept another career opportunity on the east coast. “Joe’s management and focus on building the right team with the right level of experience and leadership have helped establish CBA in the best financial health of our company’s history.
Craft Brew Alliance, Inc. , a leading craft brewing company, announced today that João Paulo Falcão Vieira has been appointed to its Board of Directors, effective June 13, 2018.
On a per-share basis, the Portland, Oregon-based company said it had net income of 1 cent. The brewer that makes craft beers like Kona, Widmer Brothers and Redhook posted revenue of $50.1 million in the ...
Craft Brew Alliance, Inc. , a leading craft brewing company, today announced financial results for the first quarter ended March 31, 2018 and reconfirmed guidance for the full year.
Craft Brew Alliance Inc (NASDAQ:BREW) delivered a less impressive 7.28% ROE over the past year, compared to the 11.55% return generated by its industry. An investor may attribute an inferiorRead More...
As with all risky investments, these high-risk stocks to buy have to be kept on a short leash and require plenty of monitoring. Axon Enterprise Inc (NASDAQ:AAXN) is anything but a household name. For military and police personnel, however, Axon is a familiar maker of TASER guns, body cameras and a few more related accessories.
Craft Brew Alliance, Inc. , a leading craft brewing company, announced today that it will hold a question and answer conference call for the first quarter ended March 31, 2018 on Thursday, May 10, 2018 at 8:30 a.m.
NEW YORK, April 23, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
The tariffs certainly aren't a good sign at a time when the U.S. beer industry is already witnessing a decline in domestic beer sales due to the changing preferences of consumers.
In December 2017, Craft Brew Alliance Inc (NASDAQ:BREW) released its most recent earnings update. Generally, it seems that analyst forecasts are fairly pessimistic, with earnings expected to decline by -28.94%Read More...
Craft Brew Alliance Inc (NASDAQ:BREW) is currently trading at a trailing P/E of 38.3x, which is higher than the industry average of 24.5x. While this makes BREW appear like aRead More...