|Bid||198.99 x 100|
|Ask||205.33 x 200|
|Day's Range||200.26 - 202.95|
|52 Week Range||144.00 - 205.12|
|PE Ratio (TTM)||25.31|
|Dividend & Yield||2.08 (1.02%)|
|1y Target Est||N/A|
The price paid is only one concern investors have with the deal.
For years, giant brewers that struggled to grow sales organically have been buying growth in the form of craft brewers. But rising discontent among consumers is taking its toll.
EL and MNST are winning on rising per capita consumption (who doesn’t want to look better and have more energy?) and distribution gains. Shares of Estee Lauder have fallen 0.2% to $109.78 at 1:03 p.m. today, while Constellation Brands has declined 0.2% to $203.88, and Monster Beverage has dipped 0.2% to $56.48.