STZ - Constellation Brands

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by T0rm3nted, Apr 6, 2016.

  1. T0rm3nted

    T0rm3nted Moderator
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    Constellation Brands, Inc. (STZ), of Victor, New York, is a publicly traded drinks company with brands in wine, beer and spirits.

    The company was established in 1945 by Marvin Sands in the Finger Lakes region of New York as Canandaigua Industries Company. Since that time, the company has grown through internal expansion and by acquisitions across all segments of the beverage alcohol industry.

    Constellation Brands is the largest wine producer in the world.[2] It had sales of over $3.77 billion in fiscal year 2008. It operates about 40 production facilities, employs some 4,300, and markets its products worldwide.

    Bottle of Manischewitz
    The company owns more than 100 brands in wine, beer and spirits. Wine brands include Robert Mondavi, Clos du Bois, Franciscan Estates, Ravenswood, Blackstone, Nobilo, Kim Crawford, Inniskillin, Jackson-Triggs, Manischewitz and Arbor Mist. Beer brands include Corona, Modelo Especial, Negra Modelo, Pacífico, and Tsingtao. Spirits brands include Black Velvet Canadian Whisky, Svedka Vodka and Paul Masson Grande Amber Brandy.
     
  2. T0rm3nted

    T0rm3nted Moderator
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    Constellation Brands beats 4Q profit forecasts

    VICTOR, N.Y. (AP) _ Constellation Brands Inc. (STZ) on Wednesday reported fiscal fourth-quarter profit of $243.4 million.

    On a per-share basis, the Victor, New York-based company said it had profit of $1.19.

    The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.

    The wine, liquor and beer company posted revenue of $1.54 billion in the period.

    For the year, the company reported profit of $1.05 billion, or $5.18 per share. Revenue was reported as $6.55 billion.

    Constellation Brands expects full-year earnings in the range of $6.05 to $6.35 per share.

    Constellation Brands shares have increased slightly more than 6 percent since the beginning of the year, while the Standard & Poor's 500 index has stayed nearly flat. The stock has increased 27 percent in the last 12 months.

    LINK - http://www.cnbc.com/2016/04/06/the-...llation-brands-beats-4q-profit-forecasts.html
     
  3. T0rm3nted

    T0rm3nted Moderator
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    Reported before open today (6/30/16)
    Earnings: EPS $1.54 Revenue $1.872B
    Estimates: EPS $1.51 Revenue $1.8274B

    Up 3.02% today so far
     
  4. bigbull

    bigbull Active Member

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  5. T0rm3nted

    T0rm3nted Moderator
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    Upcoming dividend information:

    Ex-Div-Date
    : 11/416
    Payment Date: 11/22/16
    Dividend: $0.40
    Current Price: $167.41
    Annual Yield: 0.96%
     
  6. Stockaholic

    Stockaholic Content Manager

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    -6% mover to the downside this morning but off the lows here on ER.

    Bouncing off that 144 area.

    [​IMG]
     
  7. Stockaholic

    Stockaholic Content Manager

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    +8% pop here this morning and taking out the Oct. 5 high which means these are brand spanking new ATHs as we speak

    Constellation earnings boosted by whiskey
    Constellation Brands STZ, +8.32% reported stronger fourth-quarter earnings on Thursday, which it attributed to gains in high-end whiskey sales. The wine and spirits seller reported net income of $452 million, or $2.26 a share, compared with $296 million, or $1.48 a share, in the year-earlier period. Sales came in at $1.63 billion, compared with the FactSet consensus estimate of $1.59 billion. The company issued at outlook for fiscal 2018; with earnings per share of $7.65 to $7.95 and comparable-basis EPS of $7.70 to $8.
     
  8. Jack Levy

    Jack Levy Well-Known Member

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    Target price $430, a double. North America distributor or worldwide. And all this while BUD is self-destructing through poor management. Brilliant move by STZ and as soon as everyone sees and hears the sonic boom from this deal, it goes ballistic.
     
    Charles Noble and fidelgeorge like this.
  9. LloydWCoutee

    LloydWCoutee Active Member

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    I need a little dip to get back in.
     
  10. KyleLennon

    KyleLennon Member

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    Constellation Brands has been significantly gaining from strength in beer business over the years. STZ’ consistent focus on brand building and its initiatives to include new products are the key revenue drivers for the stock.
     
  11. KyleLennon

    KyleLennon Member

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    Constellation Brands is expected to significantly increase its marketing expenditure, primarily driven by the marketing campaign around Corona Premier. Because of this, CEO Rob Sands believes that the operating income will closely track revenue growth in 2018, even though it has been outpacing sales for the last 3 years.
     
  12. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    STZ dipping today; news is out that they are paying a 51% premium to yesterday's price of Canopy Growth (CGC or WEED) in order to take a 38% stake.

    Wonder if this move has a whiff of desperation? Perhaps a sign that alcohol sales growth is not going to be so strong?

    Also, what's the deal with marijuana in the US? If it gets legalized, do they release all prisoners in there for pot? Imagine spending 15 years in prison for dealing pot, and then it turns out it's a legal business.
     
    T0rm3nted likes this.
  13. gtrudeau88

    gtrudeau88 Well-Known Member

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    Can someone give me a hint? I ain't good at identifying such things via charts yet. I have a position in st so I'm curious.
     
  14. rg7803

    rg7803 Well-Known Member

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    Good chart.
    Assuming you are long chart seems pretty bullish.
    Hold on and monitor 220$ level.
    If you price drops bellow (severly) from that level get out.

    https://finviz.com/quote.ashx?t=STZ
     
  15. gtrudeau88

    gtrudeau88 Well-Known Member

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    Thank you. What exactly defines a breakout in your opinion?
     
  16. rg7803

    rg7803 Well-Known Member

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    I allways consider price zones, not price precise levels. Price quite often flutuate inside a price zone, so to me is quite reductor to think in price level as precise numbers.
    A breakout happens when price moves out that area, normally a resistance zone, if trend is up (reverse is same similar, just consider sup zone, trend down, and in that case we have a breakdown).
    Normally I like to see this move happening w/ an increase in activity (volume).
    Finally, I dont like building a position at once; buy in lots. One at the breakout, the others at confirmation.
     

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