|Bid||223.03 x 100|
|Ask||265.00 x 100|
|Day's Range||227.54 - 229.91|
|52 Week Range||169.70 - 233.19|
|PE Ratio (TTM)||19.80|
|Earnings Date||Jun 27, 2018 - Jul 2, 2018|
|Forward Dividend & Yield||2.96 (1.30%)|
|1y Target Est||254.55|
Corona Extra®, the Official Import Beer of the Kentucky Derby presented by Woodford Reserve, has announced a custom offering by vineyard vines®, the Official Style of the Kentucky Derby. Earlier this year, Corona signed on as a sponsor of the Kentucky Derby over the next two years, when the race falls on Cinco de Mayo weekend. “Corona is a brand everybody knows and loves, so with the eyes on us as one of the official sponsors of the iconic race, we knew we had to do it right,” said John Alvarado, vice president of marketing for Corona Extra.
Big money is pouring into the marijuana industry, potentially steering more U.S. consumer spending toward weed and away from beer and tobacco.
Philip Morris International Inc. (NYSE:PM) shares fell off a cliff on April 19 after the company reported disappointing earnings. The fall was bigger than the disappointment, but it seemed to portend trouble for tobacco generally and took the whole consumer staples sector of the market down with it. The company — which sells exclusively outside the U.S. and spun-out from Altria Group Inc (NYSE:MO) in 2008 — had net income of $1.65 billion, $1.00 per share, on revenue of $6.9 billion.
Among the host of American spirts, craft beer seems to be the cynosure of all eyes at the moment with its fervent fan base and convenient size production. With that said, here are two alcohol stocks that are scoring high on the growing spirits and industry trends. Shares of Boston Beer Company Inc (NYSE:SAM) scaled a 52-week high of $223.50 yesterday, closing the session lower at $222.05.
Boston Beer (SAM) and Constellation Brands (STZ) hit 52-week high yesterday on their robust strategic endeavors and favorable market trends.
back in March and we had our concerns that the rally could keep going, we noted that, "There are enough signs that the recent rally in STZ is weaker than the rally to the January high. On the upside we also said, "In this Point and Figure chart of STZ we can see a $251 price target until a reversal to the downside develops." STZ showed a little more weakness into the end of March and over the past three weeks has managed to rally to a new high close yesterday. In this updated daily bar chart of STZ, below, we can see a recent dip or test of the rising 50-day moving average line.
Stanley Black & Decker (SWK) is expected to report revenue of $3.1 billion in 1Q18, representing a 10.7% increase from 1Q17’s $2.8 billion. If SWK manages to meet expectations, it will achieve its highest first-quarter revenue ever and see a first-quarter CAGR (compound annual growth rate) of 4.6% since 2013.
Emerging businesses often serve as excellent chances to earn outsized profits. One rising out of the shadows recently is the marijuana industry. Bans instituted in the early 20th century drove its cultivation and use of cannabis underground. However, with various trends toward legalization, marijuana stocks have gained interest from investors.
See who joins Adobe, Constellation Brands, Zebra Technologies, Abbott Laboratories and other stocks to watch on this list of new buys by the best mutual funds.
Nike, Estee Lauder, and Constellation Brands top the list of Amazon-resistant companies, according to Logan Capital Management.
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.
NEW YORK, April 06, 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 ...
You’re going to be astonished at the famous names that are under Constellation’s holding company. It just raised its dividend a whopping 42% following a year that generated record earnings-per-share and operating cash flow.
Cannabis sales could reach $75 billion by 2030, an analyst said in a report Wednesday, potentially making the industry bigger than what some estimate to be current size of the U.S. wine market.
Rose fans you might want to sit down for this one. The International Organization of Vine and Wine reported world wine production fell to a *60 year low.* Total production hit 250 million hectoliters last year, and that was down 8.6 percent from last year... Poor weather conditions in the European Union was the culprit. So Myles - how are you preparing for this tragedy come summer Rose season? And we should note shares of wine distributors like Constellation Brands and Diageo are down today.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after the iconic beverage giant reported first quarter 2018 financial results.
Senate Democratic leader Chuck Schumer says he’s introducing a bill to decriminalize marijuana at the federal level. Yahoo Finance’s Alexis Christoforous and Dan Ahrens, Managing Director & COO at AdvisorShares, discuss marijuana and hemp sales.