|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||104.41 - 105.08|
|52 Week Range||91.70 - 126.50|
|PE Ratio (TTM)||27.68|
|Forward Dividend & Yield||4.96 (4.84%)|
|1y Target Est||115.01|
AB InBev's (BUD) dismal earnings trend and the volatility in certain key markets are concerns for its second-quarter results. However, a positive overall outlook and the brand strength infuse optimism.
Local and global companies will showcase their technologies and services at this weekend's Rugby World Cup Sevens, as well as leading up to the event, at the San Francisco Giants' AT&T Park.
MOSCOW (AP) — Budweiser has a boat on the Moscow River and a disco. Coke set up an interactive sculpture-video installation in Gorky Park and entertained 5,000 guests during the monthlong tournament. Visa built a campaign around former Sweden star Zlatan Ibrahimovic.
The World Cup has been a huge success this year. Outside of U.S. viewership dropping thanks to the lack of an American team, the 2018 World Cup has had everything else. The 2018 World Cup has had it all.
Mergers and acquisition (M&A) deals rose to a 15-year high last year in the consumer goods industry, according to a survey from OC&C Strategy Consultants released today. Mergers in consumer goods companies increased 45% from 2016. The survey analyzed the top 50 companies in international consumer goods based on sales.
A major shift in the stock market appears to be underway, perhaps sparked by growing concerns over trade wars. Defensive, low beta, low volatility stocks in sectors such as utilities, consumer staples and telecom have outperformed since mid-June, Barron's reports.
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 popular image of the brewing industry is of a war between Craft and Big Beer. Mr. Noel’s book recounts the rise of Chicago-based Goose Island Brewery, a vanguard name in craft brewing that was purchased in 2011 by Anheuser-Busch InBev, the biggest and baddest beer maker on the planet.
The number of craft beer brewers in Hong Kong has risen to more than 35 from none five years ago and many are betting on China's expanding market to fuel sales, especially as the mainland develops an economic zone just a few miles away. Under the Greater Bay Area initiative, China is planning to integrate nine southern Chinese cities with Hong Kong and Macau to create a region with a population of about 70 million and an economy that would be the world's fifth-biggest by 2030. The sales volume of some craft brands in China is currently growing at well over 100 percent a year, according to Ben Cavendar at China Market Research Group in Shanghai.
Budweiser's recently launched lineup of summer beers includes Budweiser Freedom Reserve, which was inspired a recipe of President George Washington's that was found in a military journal, Whitworth said during CNBC's "Squawk Box" segment Tuesday. Despite being an iconic global company, Budweiser could still be impacted by trade wars and tariffs, Whitworth said.
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.
Constellation Brands, Inc. ( STZ) owns many brands of wines, spirits and beers, including the popular Corona and Modelo franchises. The better-established beer giant Anheuser Busch InBev SA/NV ( BUD) has fallen flat despite the "Dilly Dilly" campaign. It seems like the key again this quarter is beer over wine and spirits.
Burger King and Budweiser are teaming up for a new take on an old commercial. The new commercial from Restaurant Brands International’s (NYSE:QSR)Burger King and Anheuser Busch’s (NYSE:BUD) Budweiser is a remake of the classic “whassup” commercial that aired back in 1999. The big difference between the new and old Whassup commercial has to do with the inclusion of Burger King.
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.
Constellation Brands (STZ) was trading at a 12-month forward PE (price-to-earnings) ratio of 23.9x as of June 22. The company’s valuation multiple has risen by only 0.6% since the announcement of its results for the fourth quarter of fiscal 2018 at the end of March.