|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||78.23 - 80.00|
|52 Week Range||56.32 - 91.14|
|Beta (3Y Monthly)||1.16|
|PE Ratio (TTM)||36.79|
|Earnings Date||May 7, 2019|
|Forward Dividend & Yield||2.00 (2.68%)|
|1y Target Est||99.21|
MillerCoors has publicly expressed anger about a controversial Bud Light ad that targeted two of its beers for using corn syrup as an ingredient. A Bud Light ad targeting two of MillerCoors' beer brands led the Chicago-based company to take out a full page ad in the New York Times, pull out of a meeting that included Bud Light's parent and file a lawsuit.
Alcohol consumption is on the decline in many western countries as people seek healthier lifestyles and all things “wellness” remain firmly in fashion. In the UK, nearly a quarter of 16- to 24-year-olds say they do not drink alcohol, up from 19 per cent in 2005, and the increase is even greater among 25- to 44-year-olds, according to the government’s Office for National Statistics. In the US, alcohol sales by volume have been falling since 2016.
Anheuser-Busch InBev has enlisted Citigroup and Bank of America Merrill Lynch (BAML) to the team of banks working on the sale of its Asia-Pacific business, three people with direct knowledge of the matter told Reuters. "There is, however, no decision as to whether we might undertake an IPO or any other potential transaction relating to our Asia Pacific business," AB InBev said, adding it was committed to being a long-term investor in the region.
Anheuser-Busch InBev has enlisted Citigroup and Bank of America Merrill Lynch (BAML) to the team of banks working on the sale of its Asia-Pacific business, three people with direct knowledge of the matter told Reuters. The world's biggest brewer, whose brands include Budweiser, Corona and Stella Artois, said it had always looked at opportunities to optimize its business. "There is, however, no decision as to whether we might undertake an IPO or any other potential transaction relating to our Asia Pacific business," AB InBev said, adding it was committed to being a long-term investor in the region.
Craft brewers shared their thoughts on a 2018 report which showed that the industry is continuing to grow, albeit slower than it has in recent years.
Patagonia Inc. has filed a lawsuit against Anheuser-Busch InBev claiming the beer giant is copying the outdoor clothing company's name and logo on one of its beers.
Outdoor apparel company Patagonia is suing Anheuser-Busch InBev over the brewer's Patagonia beer. Patagonia has been brewing its own beer since 2016. AB InBev is also being sued by MillerCoors, which alleges that its rival used misleading advertising to trick consumers and infringe on its trademark.
How Analysts Reacted to Constellation Brands’ Q4 Results(Continued from Prior Part)Valuation rises post Q4 resultsConstellation Brands’ (STZ) 12-month forward PE multiple increased 7.2% to 21.2x on April 4, the day the company announced its
The top beer stocks have a market cap exceeding $2 billion and are trading on leading American stock exchanges. Here are the top beer stocks of 2018.
For the first time since Tivoil Brewing began making beer again in 2015, a member of the family that owned it at the time of its original closing in 1969 was brewing there.
How Analysts Reacted to Constellation Brands’ Q4 ResultsAnalysts’ reaction to results Constellation Brands (STZ) announced better-than-expected results for the fourth quarter of fiscal 2019 on April 4 backed by the strength in its beer business.
AT&T (Total debt: $177b)AT&T Inc.’s mega-acquisitions of DirecTV in 2015 and Time Warner in 2018 were largely responsible for making it the world’s biggest nonfinancial corporate borrower. The Dallas-based telecommunications carrier, which made debt reduction its “top priority” this year, plans to pay down about $20 billion with internally generated cash flow and proceeds from asset sales. SoftBank ($154b)Masayoshi Son’s SoftBank Group Corp. almost quadrupled its debt, to more than $150 billion, over five years with investments in hot startups such as Uber Technologies Inc. and its purchase of the U.K.’s ARM Holdings.
The world's largest airlines did a deep dive into beer consumption on board its flights (and in airport lounges) and came up with some surprising findings.
shares were up 1.3% on Friday to $86.13 after the beer maker was upgraded to neutral from underperform at Bank of America Merrill Lynch as the firm said that the company's story is changing as headwinds don't look so daunting. Bank of America analyst Fernando Ferreira said concerns remain about company's high debt levels but noted that Ferreira notes that the maker of Budweiser has made an effort to lower its leverage.
Anheuser Busch Inbev NV (NYSE: BUD ) has a better debt picture, but beer sales, particularly of “mainstream beer,” are still going flat, Bank of America Merrill Lynch said Friday. The Analyst Analyst ...
AB InBev was rising following an upgrade from Bank of America Merrill Lynch, which argued that the “narrative has changed” on the shares.
The company behind Corona and Modelo beer has been in focus as it releases fourth-quarter earnings before the bell on Thursday.
New Cape Line ads are very much in keeping with the low-key advertising style the brewery has employed in recent years. Things could be about change, however.
Missouri is home to 12 of the nation's most valuable brands, worth a combined $57.2 billion, according to a new report from Brand Finance.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to lear...
Will Constellation Brands End Fiscal 2019 on a Strong Note?(Continued from Prior Part)Fourth-quarter expectations Constellation Brands’ (STZ) sales have beat analysts’ expectations for four consecutive quarters. The company’s sales in the
Will Constellation Brands End Fiscal 2019 on a Strong Note?Upcoming fourth-quarter results Constellation Brands (STZ) is scheduled to announce its fourth quarter and fiscal 2019 results on April 4. The company beat analysts’ third-quarter
Barclays analyst Laurence Whyatt initiated the maker of Budweiser with an Equal Weight rating. He is more bullish on Heineken and Carlsberg, especially as the latter enjoys a stronghold in several areas of fast-growing China.