STZ - Constellation Brands, Inc.
180.50 +1.20 (0.67%)
After hours: 6:36PM EDT
| Previous close | 179.69 |
| Open | 179.00 |
| Bid | 179.20 x 1100 |
| Ask | 181.00 x 900 |
| Day's range | 176.24 - 179.90 |
| 52-week range | 104.28 - 212.00 |
| Volume | 1,538,140 |
| Avg. volume | 1,312,685 |
| Market cap | 34.67B |
| Beta (5Y monthly) | 0.92 |
| PE ratio (TTM) | 617.86 |
| EPS (TTM) | 0.29 |
| Earnings date | 29 Sep 2020 - 06 Oct 2020 |
| Forward dividend & yield | 3.00 (1.67%) |
| Ex-dividend date | 10 Aug 2020 |
| 1y target est | 205.00 |
- Motley Fool
Is Constellation Brands a Buy?
Constellation Brands (NYSE: STZ) has been transforming itself into a premium alcohol distributor that gained ground in its primary beer business, as well as in wine and spirits. The global pandemic set back its plans as restaurants and bars were closed as being non-essential businesses, with only the former able to continue operating so long as it was for takeout or delivery. The Corona and Modelo families of beer are now powering most of the growth seen in the industry, and in states like California, the Modelo Especial brand is now bigger than the two top premium light beers combined.
- Motley Fool
2 New Ways Constellation Brands Is Boosting Growth
Life has been hard these past few months for many people, but for Constellation Brands (NYSE: STZ), it was well-positioned to thrive in this environment. In the face of widespread business disruptions, Constellation still managed to grow its free cash flow 24% year over year in the fiscal first quarter (ended May 31) as revenue declined 6%. As a result, Constellation Brands has the liquidity and strength to pump investment dollars into its next major growth projects: hard seltzer and cannabis.
- Motley Fool
1 Big Difference in Strategy Between Canopy Growth and Aurora Cannabis
Canopy Growth (NYSE: CGC) and Aurora Cannabis (NYSE: ACB) are among the biggest names in the cannabis industry. It shouldn't be all that surprising to investors that Canopy Growth sees beverages as a key part of its strategy, given that beer maker Constellation Brands (NYSE: STZ) owns a 39% stake in the company.
- Motley Fool
3 Ways to Collect a Dividend With Marijuana Stocks
With tens of billions of dollars in sales being conducted annually in the black market, it seemed only logical that Canada legalizing adult-use weed and more U.S. states waving the green flag on cannabis would lead to exceptional legal-channel sales growth. There's little question that the cannabis industry is going to deliver big-time returns in the years to come. Below you'll find three ways you can collect a dividend while garnering either direct or indirect exposure to marijuana stocks.
- Motley Fool
How Constellation Brands Overcame a 75% Sales Slump at Bars and Restaurants
Management recently told investors how it kept the beer business growing through unprecedented challenges.
- Yahoo Finance
Facebook has an incredible challenge in front of it: Goldman Sachs strategist
Facebook won't overcome the yawning advertiser revolt in response to hate content overnight, suggests a Goldman Sachs strategist that specializes in tech investing.
- Motley Fool
Why United Airlines Got a Boost
In this episode of MarketFoolery, host Chris Hill and Motley Fool Senior Analyst Abi Malin go through the latest headlines from the markets. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks.
- Motley Fool
Constellation Brands (STZ) Q1 2021 Earnings Call Transcript
Please refer to the news release and Constellation's SEC filings for risk factors which may impact forward-looking statements we make on this call. Before turning the call over to Bill, similar to prior quarters, I would like to ask that we limit everyone to one question per person, which will help us to end our call on time.
- Motley Fool
Better Cannabis Stock: Aphria vs. Canopy Growth
Today, I'll look at two of the top pot stocks in the industry -- Aphria (NASDAQ: APHA) and Canopy Growth (NYSE: CGC) -- and assess which of these leading cannabis producers is the better stock to hold in your portfolio. One of the ways Aphria has established itself as one of the safer stocks in the industry is by being able to stay in the black on a relatively consistent basis. In its most recent quarterly results, which the company released on April 14, Aphria posted a net income of 5.7 million Canadian dollars on net revenue of CA$144.4 million.
- Zacks
All You Need to Know About Constellation Brands (STZ) Rating Upgrade to Buy
Constellation Brands (STZ) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- Yahoo Finance
57% of Americans plan to attend or host a 4th of July BBQ as new coronavirus cases hit daily record
Americans still plan to attend or host a cookout this 4th of July weekend as the U.S. reported a record-setting 53,000 new coronavirus cases.
- Bloomberg
Facebook Under Fire as Companies Pause Social Media Ads: List
(Bloomberg) -- Here’s a list of companies that are planning to halt spending on social media. Some have joined a boycott of Facebook Inc. after critics accused the social network of inadequately policing hateful and misleading content on its platform:Harley Davidson Inc. -- The motorcycle maker said in an email it was pausing Facebook ads in July “to stand in support of efforts to stop the spread of hateful content.”Pernod Ricard SA -- The French distiller of Jameson whiskey and Absolut Vodka, which spends more than 1.5 billion euros ($1.69 billion) on advertising annually, is boycotting Facebook and some other U.S. sites through July 31 and working with partners on an app to help victims of online abuse.Daimler AG -- The Mercedes-Benz maker is pausing its paid advertising on Facebook platforms in July, while adding that it expects to the relationship to resume because it’s confident the social-media company will take “necessary steps.”Molson Coors Beverage Co. -- The brewer is choosing to pause advertising on Facebook, Instagram and Twitter while it reviews its own standards and ways to protect the brands and guard against hate speech, Chief Marketing Officer Michelle St. Jacques said in an internal email.Constellation Brands -- The maker of Corona beer and Kim Crawford wines is pausing Facebook ads for the month of July.Dunkin’ Brands Group -- The donut chain is temporarily pausing its paid media on Facebook and Instagram, a spokesperson says, adding that it’s in discussions with Facebook about efforts to stop hate speech and thwart “the spread of “racist rhetoric and false information.”Lego A/S -- Stopping all advertising on social media for at least 30 days to review its standards and will “invest in other channels” during that time.The Body Shop -- The beauty chain says it’s halting paid activity on all Facebook channels and asking the social-media company to enhance and enforce its content-moderation policies.Starbucks Corp. -- Pausing advertising on all social media platforms. Will post on social media without paid promotion.Microsoft Corp. -- Paused global advertising spending on Facebook and Instagram because of concerns about ads appearing next to inappropriate content, according to a person familiar with the matter.Unilever Plc -- Halting advertising on Facebook, Instagram and Twitter in the U.S. through Dec. 31.Volkswagen AG -- The ad stop on Facebook affects the direct ad accounts of the German manufacturer’s brands, including Porsche, Audi and Lamborghini. VW, its ad agencies and the Anti Defamation League will enter talks with Facebook over how to deal with hate speech, discrimination and false information, according to an emailed statement.Mars -- Starting in July, a pause on paid advertising globally across social-media platforms, including Facebook, Instagram, Twitter and Snapchat.Target Corp. -- Pausing ads on Facebook in July.Coca-Cola Co. -- Pausing advertising on all social media platforms.Clorox Co. -- Will stop advertising spending with Facebook through December.Conagra Brands Inc. -- Will stop advertising in U.S. on Facebook and Instagram through the rest of the year.Ford Motor Co. -- Halting U.S. social media for 30 days, won’t purchase social media ads for Bronco unveiling.Honda Motor Co. -- “For the month of July, Honda will withhold its advertising on Facebook and Instagram, choosing to stand with people united against hate and racism.” Acura, a Honda brand, said in a tweet that it was “choosing to stand with people united against hate and racism.”Hershey Co. -- Will halt spending on Facebook in July and cut its spend on the platform by a third for the remainder of the year, according to Business Insider.Diageo Plc -- Pausing paid advertising globally on major social media platforms beginning in July.PepsiCo Inc. -- Pulling ads on Facebook from July through August.Verizon Communications Inc. -- “We’re pausing our advertising until Facebook can create an acceptable solution that makes us comfortable and is consistent with we’ve done with YouTube and other partners,” said John Nitti, chief media officer for Verizon.SAP SE -- “We will suspend all paid advertisements across Facebook and Instagram until the company signals a significant, action-driven commitment to combatting the spread of hate speech and racism on its platforms.”Levi Strauss & Co. -- Pausing all paid Facebook and Instagram advertising globally and across all brands through July.Diamond Foundry Inc. -- Pulling all of advertising from Facebook, including Instagram, for the month of July.Patagonia Inc. -- Will pull all ads on Facebook and Instagram, effective immediately, through at least the end of July, pending meaningful action from Facebook.Viber Media Inc. -- The messaging service, owned by Japanese conglomerate Rakuten, plans to cut ties with the social network entirely, according to the Guardian.VF Corp. -- The North Face will pause ads on Facebook for the month of July. Vans, another VF brand, will also pull ad dollars from Facebook and Instagram next month, and said it will use the money to support Black communities through empowerment and education programs.REI -- “For 82 years, we have put people over profits. We’re pulling all Facebook/Instagram advertising for the month of July.”Upwork Inc. -- No Facebook advertising in July.Eileen Fisher Inc. -- Pulling ads from Facebook through July.Adidas AG -- Will stop ads on Facebook and Instagram internationally through July, according to Adweek.Puma SE -- Will stop all advertisements on Facebook and Instagram throughout July.Madewell Inc. -- Will pause ads on Facebook and Instagram through July.Pfizer Inc. -- Removing all advertising from Facebook and Instagram in July, calls on Facebook to heed the concerns of the StopHateForProfit boycott campaign “and take action.”Chipotle Mexican Grill Inc. -- To pause Facebook advertising beginning July 1, according to an email.Chobani -- The Greek-yogurt company paused all paid social-media advertising.Peet’s Coffee -- Paused advertising on Facebook.Sony Interactive Entertainment Inc. -- ”In support of the StopHateForProfit campaign, we have globally suspended our Facebook and Instagram activity, including advertising and non-paid content, until the end of July.”(Updates with Sony Interactive Entertainment)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Motley Fool
Constellation Brands Finds a Way to Grow Without Bar Sales
Investors had good reasons to be cautious heading into Constellation Brands' (NYSE: STZ) earnings report this week. Constellation Brands also announced several big changes to its wine and spirits portfolio. Constellation Brands wasn't immune to this pressure, and sales to those on-premises partners plunged 75%.
- Zacks
Constellation Brands (STZ) Catches Eye: Stock Jumps 6.3%
Constellation Brands (STZ) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.
- Motley Fool
Constellation Brands Inc (STZ) Q1 2021 Earnings Call Transcript
STZ earnings call for the period ending May 31, 2020.
- Yahoo Finance
Gary Vaynerchuk: Most advertisers don't know what they want Facebook to do about hate speech
Marketing veteran and entrepreneur Gary Vaynerchuk weighs in on the controversy swirling around Facebook.
- Motley Fool
How FedEx and Constellation Brands Lifted the Whole Stock Market Wednesday
Wednesday morning began another good day for Wall Street, as major market benchmarks managed to claw upward by modest amounts. FedEx (NYSE: FDX) often acts as a bellwether for the global economy, as it takes financially healthy businesses and consumers to ship goods from place to place. Constellation Brands (NYSE: STZ) has a much different view, but the beer and spirits giant has a useful perspective on how people are dealing with the pressures of the pandemic.
- Yahoo Finance
Facebook may be headed to the 'graveyard of dinosaurs': former Unilever CEO
Imagine co-founder and former long-time Unilever CEO Paul Polman speaks out on Facebook's recent actions.
- Motley Fool
Constellation Brands Takes Another Loss on Marijuana Producer Canopy Growth
Constellation Brands (NYSE: STZ) beat analysts' revenue and earnings expectations despite the continued drag of its investment in Canadian marijuana producer Canopy Growth (NYSE: CGC). While losses in the venture narrowed to $31.7 million on a comparable basis from the $54.4 million it reported last year and even the $41.5 million Constellation reported in the fourth quarter, the beer and wine distributor continues to watch its marijuana business go up in smoke. Marijuana producers have been a big disappointment for the major corporations that began investing in them.
- Zacks
Constellation Brands (STZ) Q1 Earnings Beat, Sales Miss
Constellation Brands' (STZ) Q1 results gain from strong depletions and strength in the off-premise channel. Sales results reflect softness in the on-premise channel and disruptions in Mexico.
- Motley Fool
Corona Hard Seltzer Is an Instant Hit
Just four months from its release, Corona Hard Seltzer has already established a foothold in the competitive market for alcoholic seltzer drinks. Constellation Brands (NYSE: STZ) on Wednesday announced sales results for the young brand as part of its fiscal first-quarter earnings release.
- Zacks
Constellation Brands (STZ) Q1 Earnings Surpass Estimates
Constellation Brands (STZ) delivered earnings and revenue surprises of 13.30% and -0.91%, respectively, for the quarter ended May 2020. Do the numbers hold clues to what lies ahead for the stock?
- GlobeNewswire
Constellation Brands Reports First Quarter Fiscal 2021 Results
VICTOR, N.Y., July 01, 2020 -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, reported today its first quarter fiscal 2021 results. A.
- Yahoo Finance
Constellation Brands buys direct-to-consumer Empathy Wines
Constellation Brands inks a splashy deal with a well known, up and coming wine brand. Yahoo Finance speaks to the two people behind the transaction.
- GlobeNewswire
Constellation Brands Acquires Digitally-Native Wine Brand, Empathy Wines
Constellation Brands, Inc. (NYSE:STZ and STZ.B), a leading beverage alcohol company, announced today its purchase of Empathy Wines, a high-performing, digitally-native wine brand and direct-to-consumer (DTC) platform co-founded by entrepreneur and media personality Gary Vaynerchuk with business partners Jon Troutman and Nate Scherotter. Empathy Wines focuses on producing high quality, sustainably made wines, sold direct-to-consumer through its eCommerce platform, powered by consumer insights and content-driven digital marketing.
