The latter had to divest these rights due to antitrust mandates as it consummated its 2013 acquisition of dominant Mexican brewer, Grupo Modelo.
Real time Constellation Brands (STZ) stock price quote, stock graph, news & analysis. It owns 37% of Canopy Growth, a leading provider of medicinal and recreationally legal cannabis products. The Week Ahead: Ringing in the New Decade With Earnings From Walgreens and More. Consumer Defensive: Uncertainty Creates Attractive Valuations.

Constellation’s wine/spirits business has been in flux, and it is currently divesting several lower-margin assets, including myriad wine brands and its Ballast Point craft beer brand. We recently increased the moat rating for one company and the fair value estimates on several others. The firm imports most products after manufacturing them abroad, going to market through independent wholesalers.

Get the latest stock price for Constellation Brands Inc. (STZ:US), plus the latest news, recent trades, charting, insider activity, and analyst ratings. The earnings power of brands like Corona and Modelo along with catalysts on the horizon make this wide-moat firm an underappreciated gem in the brewing industry. Tobacco and beverage subsectors look particularly attractive. These high-quality names look relatively cheap today. The latter had to divest these rights due to antitrust mandates as it consummated its 2013 acquisition of dominant … Can Constellation Brands' Pricey Purchase Pay Off? A new comanager has joined out-of-the-box thinkers Bill Nygren and Kevin Grant at this attractive fund. The brand assets that underpin the narrow-moat beverage producer's competitive edge remain healthy. Vous pouvez modifier vos choix à tout moment dans vos paramètres de vie privée.

It harped on the fact that retail sales data showing 20% growth for its brands was a misnomer (as it skews to certain channels), and also admitted that disruptions to production in Mexico would impact shipments. Large-cap strategies disappoint on the back of stock market volatility in late 2019. Our longer-term outlook on the narrow-moat firm calls for around 6% sales growth and mid-30s operating margin on average. View real-time stock prices and stock quotes for a full financial overview. Canopy Has Global Potential Amid Foggy U.S. Market.
While the price paid was excessive, we're constructive on the longer term opportunities the investment in leading cannabis firm Canopy Growth could yield. Dennis Lynch: 'Have a Growth Mindset and Be Willing to Learn New Things'. Nevertheless, ample upside remains in our view. Constellation Brands is the largest multi-category alcohol supplier in the U.S. Heading into wide-moat Constellation Brands’ fiscal first-quarter earnings print, management tried to manage expectations. Constellation and Hostess both look promising. The business is anchored by a portfolio of Mexican beer trademarks, including Corona and Modelo, for which it acquired exclusive and perpetual U.S. ownership from AB InBev. Terms of Service apply. © Copyright 2020 Morningstar, Inc. All rights reserved. Terms of Use Privacy Policy Disclosures Member User Agreement Corrections Cookies. The shares are commanding an increasingly premium price without a major shift in fundamentals. Top 10 Holdings of Our Ultimate Stock-Pickers' Index. An accomplished growth investor, Lynch explains how his team seeks to gain an edge, susses out the difference between innovation and mission creep, and applies different frameworks to mitigate biases and errors. Constellation Brands is the largest multi-category alcohol supplier in the U.S.