STZ

Constellation Brands Inc - Ordinary Shares - Class A

Consumer


Presented:03/02/2023
Price:$221.74
Cap:$40.91B
Current Price:$244.07
Cap:$44.31B

Presented

Date03/02/2023
Price$221.74
Market Cap$40.91B
Ent Value$60.86B
P/E Ratio2253.46x
Book Value$45.46
Div Yield1.44%
Shares O/S184.51M
Ave Daily Vol1,427,356
Short IntN/A

Current

Price$244.07
Market Cap$44.31B
Constellation Brands, Inc. engages in the production, marketing, and distribution of beer, wine, and spirits. It operates through the following segments: Beer, Wine and Spirits, and Corporate Operations and Other, and Canopy. The Beer segment includes imported and craft beer brands. The Wine and Spirits segment sells wine brands across all categories-table wine, sparkling wine, and dessert wine-and across all price points. The Corporate Operations and Other segment comprise costs of executive management, corporate development, corporate finance, human resources, internal audit, investor relations, legal, public relations, and information technology. The Canopy segment consists of canopy equity method Investments. The company was founded by Marvin Sands in 1945 and is headquartered in Victor, NY.

Publicly traded companies mentioned herein: Constellation Brands Inc (STZ)

Highlights

The presenter is long shares of Constellation Brands Inc (STZ) based in part on the company’s recent upbeat presentation at CAGNY (Consumer Analyst Group of NY) and STZ’s market position. He notes that management has recently done a good job addressing investor concerns related to the market's apparent sensitivity to price increases, the effect of inflation on margins, and the reaction to some external data. 

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Idea Discussion

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