|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||62.64 - 64.18|
|52 Week Range||58.75 - 94.02|
|PE Ratio (TTM)||9.63|
|Earnings Date||Aug 1, 2018|
|Forward Dividend & Yield||1.64 (2.32%)|
|1y Target Est||74.86|
Today, few investors have a plan to invest in recession-proof stocks. For this reason, investors should have a plan in place to invest in downturn stocks. While such a shift will likely bring the S&P 500 down, some investors become wealthier in such expansions.
The S&P 500’s top losses on July 18 were: Clorox (CLX) declined 4.07%. Molson Coors Brewing Company (TAP) declined 3.96%. Dentsply Sirona (XRAY) declined 3.19%. Twitter (TWTR) declined 3.06%. Coty (COTY) declined 2.81%. Clorox
A historic endorsement of pot legalization by a key wine and beer trade group marks the latest foray by alcohol producers into cannabis, with more moves expected, cannabis industry players told Real Money on Monday. While alcohol makers have been seen as a potential opponent to a rival form of recreational imbibing, some major companies in the beer and wine space have already launched investments into the business prior to last week's pro-pot statement from the Wine & Spirits Wholesalers of America (WSWA). "As cannabis goes more mainstream, people will want to go to bars to consume it, but they're not going to bring an edible and eat it there -- they'll want to buy a drink," said Eric Baum, managing director and co-founder of Solidea Capital, an investor in the legal cannabis space.
Molson Coors Brewing Company will host an online, real-time webcast of the company’s 2018 Second Quarter Earnings Conference Call with investors and financial analysts at 11:00 a.m.
Detailed Financials Show Cannabis-Focused Media Company Boosted by Aggressive Growth in Digital, Events – At a Palatable Valuation Everyone has a hankering for cannabis these days, from medical patients to the likes of beer giants Constellation Brands and Molson Coors. Now, investors have a chance to own a piece of the oldest brand in the […]
Molson Coors Brewing Company today declared a regular quarterly dividend on its Class A and Class B common shares of US$0.41 per share, payable September 17, 2018, to shareholders of record on August 31, 2018.
Some $200 billion of goods imported into the U.S. from China will get a 10% duty if the latest round tariffs proposed by the Trump administration go into effect. Companies that may feel the impact most acutely are those that sell furniture, according to a note from Goldman Sachs on Wednesday.
Molson Coors is stepping up efforts to fight global warming even though recent hot weather in Europe during the World Cup has lifted beer sales for one of the world's biggest brewers, Chief Executive Mark Hunter said on Wednesday. The firm cut carbon emissions from its direct operations by 15 percent in 2017, he told Reuters, the first year of a programme aimed at halving emissions by 2025 as part of a goal of limiting droughts, floods and more powerful storms.
David Kroll, who has been MillerCoors' chief marketing officer since 2015, will leave MillerCoors to pursue "independent business interests" on July 27, according to a memo sent by CEO Gavin Hattersley to employees Monday.
LONDON, UK / ACCESSWIRE / July 6, 2018 / If you want a free Stock Review on ABEV sign up now at www.wallstequities.com/registration. In today's pre-market research, WallStEquities.com observes four Beverages Brewers stocks, namely: Ambev S.A. (NYSE: ABEV), Anheuser-Busch InBev S.A./N.V. (NYSE: BUD), Fomento Economico Mexicano S.A.B. de C.V. (NYSE: FMX), and Molson Coors Brewing Co. (NYSE: TAP).
Anheuser-Busch InBev (NYSE:BUD) has had a rough year. It’s been a difficult time for consumer staples stocks in general, with the other big 3G Capital play, Kraft Heinz Company (NYSE:KHC), also tanking in recent months. This has left investors wondering: Is the 3G takeover-and-cut-costs model dead?
The word "nationalism" has been in the news a lot lately, from talks about trade wars and immigration to reports of racism and violence. What is Nationalism? Historically, nationalism has been used to define and explain everything from radical political and militaristic movements like Nazism to strong protectionist policies controlling modern foreign policy and economy.
Constellation Brands’ sales growth was driven by higher sales of its beer segment, partially offset by a decline in sales of the wine and spirits segment. Sales of the company’s wine and spirits segment declined 2.5% to $672 million in the first quarter of fiscal 2019.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising.
Overall, analysts expect Victor, N.Y.-based Constellation to earn $2.46 a share on $2 billion of revenues for the latest period, based a Factset survey of analysts covering the stock. ] and has been fortunate to acquire Modelo (Corona), which is outperforming other beers," Argus Research analyst John Stasza told TheStreet.
As Canada marches toward recreational legalization in October, Canopy Growth is optimistic about marketing marijuana-based products to a broader audience. Canopy's goals may be lofty, but CEO Bruce Linton feels confident the marijuana giant is well positioned to continue being a leader in the industry, so long as the company focuses on products first. Canada's largest medical marijuana producer, Canopy Growth CGC-CA , took a hit after its first earnings report as a public company in the U.S. stoked fears Canadian marijuana is overvalued, but CEO Bruce Linton shrugged off investor concerns on Thursday.
Heineken N.V. (ADR) (OTC: HEINY)-owned Lagunitas Brewing company will debut a THC-infused sparkling water beverage, Hi-Fi Hops. The product is an IPA-inspired, THC- or CBD-infused sparkling water beverage produced in conjunction with CannaCraft. Hops have long been associated with cannabis, from the look of the plant to the smell and taste, so according to Lagunitas it was a natural fit.
As of June 22, Constellation Brands (STZ) stock has risen 5.0% since the announcement of its results for the fourth quarter of fiscal 2018 in March 2018. On a YTD (year-to-date) basis, the company’s stock has risen 1.3%, lagging behind the S&P 500 Index, which has moved up by 3.0% this year as of June 22.
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.