|Bid||85.03 x 1200|
|Ask||85.07 x 800|
|Day's Range||83.99 - 85.20|
|52 Week Range||83.84 - 126.50|
|Beta (3Y Monthly)||0.84|
|PE Ratio (TTM)||21.27|
|Forward Dividend & Yield||4.78 (5.52%)|
|1y Target Est||112.54|
With the fall season upon us, now is as good a time as any to sample some St. Louis-area seasonal brews.
Climate change will brew trouble for beer lovers in coming decades as it shrinks yields of barley, the top grain used to make the world's most popular alcoholic drink, a study published on Monday said. Extreme weather events featuring both heat waves and droughts will occur as often as every two or three years in the second half of the century if temperatures rise at current rates, the study said. Average global barley yields during extreme events are expected to drop between 3 and 17 percent, depending on the conditions, said the study, published in the journal Nature Plants.
Some analysts see the company slashing its dividend so it can use the cash to pay down its $109 billion mountain of debt, much of which it took on for the blockbuster acquisition of SABMiller Plc in 2016. The decision by Moody’s Investors Service on Oct. 1 to place the company’s debt rating on review for a possible downgrade boosts the chances of a dividend cut, according to Paul Steegers of Bank of America Merrill Lynch, potentially when AB InBev releases earnings Oct. 25. “AB InBev’s debt sticks out like a sore thumb,” says Jonathan Fyfe, an analyst at Mirabaud Securities Ltd. who has a buy recommendation on the stock.
The message — which spread across social media — is the sort of sentiment craft beer purists would applaud. AB, after all, the maker of Budweiser and other macro-beers, has a stranglehold on retail shelves, is capable of driving market prices, has the buying power to access as much of the hop supply as it wants and — on top of that — has snapped up regional distributors and craft beer brands. Oregon, meanwhile, performed well at the Great American Beer Festival, taking home 22 medals — the third most of any state.
India's antitrust watchdog raided the offices of three top beer companies on Thursday as part of an investigation of price-fixing allegations, three sources with direct knowledge of the matter told Reuters. Search and seizure operations were conducted at dawn by the Competition Commission of India (CCI) at the offices of India's United Breweries (UBBW.NS), Denmark's Carlsberg (CARLb.CO) and the world's largest brewer Anheuser-Busch InBev (AB InBev) (ABI.BR) in at least two Indian cities, said the three people, including one government source and an industry source.
Stock in the brewer of Budweiser and Corona has gone flat in recent years. The stock price will need some time to improve, but it seems too low relative to the challenges the company faces. Read more in Barron’s Picks.
Verso, Anheuser-Busch, Alphabet, Amazon and Apple highlighted as Zacks Bull and Bear of the Day
Constellation Brands (STZ) delivered strong results for the second quarter of fiscal 2019, which ended on August 31, driven by the impressive performance of its beer portfolio in the key summer selling season. Constellation Brands stock surged 5.4% on October 4, the day second-quarter results were declared. Stocks of major alcoholic beverage peers Anheuser-Busch InBev (BUD), Molson Coors Brewing (TAP), and Brown-Forman (BF.B) are down 22.3%, 24.6%, and 7.84%, respectively, so far in 2018.
Anheuser-Busch InBev (BUD), Westpac Banking Corp. (WBK), Liberty Global PLC (LBTYK), and WPP PLC (WPP) have declined to their three-year lows. The prices of Anheuser-Busch InBev (BUD) shares have declined to $86.65 on Oct. 5, which is only 1.7% above the 3-year low of $85.14. Warning! GuruFocus has detected 4 Warning Signs with BUD.
Internet advertising has gone from an uncertain bet to serving as the primary platform for most companies’ marketing. While U.S. digital advertising has grown significantly, mobile advertising has been outpacing all other platforms.
The continued rise in craft beers — which Memphis has a lot of — are taking market share from some of the stalwarts of the U.S. beer industry.
Rating agencies are turning up the heat on companies that have not met commitments to reduce debt after making significant acquisitions by warning their ratings will be cut if they don't deliver. The development, which market participants say is a change in stance by the agencies, coincides with increased concern about rising leverage in the corporate bond market and a massive swell in the amount of Triple B rated debt. "Although rating agencies have generally been lenient toward the leverage added in these transactions, recent actions suggest they may be adopting a more stringent approach, which could be a source of significant volatility," said Barclays strategist Brad Rogoff in a note.
Their influence on your purchasing decisions is all around you, but do you really know who the biggest advertisers in the world are? The advertising industry is one of the biggest industries in the world, with no dry seasons. Industries are changing in step with technological development, and the need for good marketing evolves and grows […]
What are the top selling beers in America in 2018? Beer is one of the most popular drinks in the world, and Americans are a big reason why. 43% of Americans who drink alcoholic beverages list beer as their first choice. They love it so much that they spent more than $37 billion on beer […]
On CNBC's "Mad Money Lightning Round" , Jim Cramer said instead of Anheuser Busch Inbev NV (NYSE: BUD ), he would buy Constellation Brands (NYSE: STZ ). Cramer would wait for a pullback of 7 ...
Boston Beer's SAM shares have rallied over the past year, up 72% versus a 16% decline for the brewers under our coverage and a 15% increase in the S&P 500 index. While we agree that Boston Beer's near-term prospects appear more favorable, as evidenced by improving volume trends in the first half of the year (depletions were up 11% versus down 7% in the prior-year period), we don't expect this level of growth to persist, particularly given the lighter comparisons the company is lapping this year. While we've ticked up our forecast for 2018 sales growth to more than 9% from the low single digits and maintained our expectation for low teens operating margin, we've held the line on our longer-term outlook for around 4% sales growth toward the end of our 10-year forecast and average operating margin around 17% (versus a five-year historical average around 15%).
Accenture (ACN) reported a strong GAAP operating margin in the fourth quarter of fiscal 2018. New profitable contracts from the likes of Federal Services, Radisson Hotel Group, and AB InBev (BUD) continue to drive the company’s margin. The company’s new businesses (digital, cloud, and security-related services) also remain a key catalyst for Accenture’s margin growth driven by higher adoption across different industries.
Accenture (ACN) continues to post strong EPS growth. The company reported non-GAAP EPS of $1.58 in the fourth quarter of fiscal 2018, a 6.8% increase YoY. The graph below shows the company’s EPS growth in the last five quarters. During the period, the company’s bottom line has grown at a CAGR (compound annual growth rate) of 1.6%. The company has surpassed analysts’ estimates in the last five quarters.
In this day and age, dividend investors looking for high-dividend stocks shouldn’t limit themselves to U.S. companies only. Some of the best dividend stocks over time have been foreign issuers. And that’s still the case at the moment.
Despite tepid performance during the first six months of the year, the Morningstar Global Markets Index was up more than 4% for the year to date through September, thanks largely to a decent third-quarter showing. M&A activity has been robust, as leading players try to compensate for sluggish organic growth.