STZ

Constellation Brands Inc.

Consumer, Event Driven/Special Sit


Presented:04/04/2013
Price:$48.35
Cap:$8.88B
Current Price:$244.07
Cap:$44.31B

Presented

Date04/04/2013
Price$48.35
Market Cap$8.88B
Ent Value$12.72B
P/E Ratio28.5x
Book Value$29.14
Div YieldN/A
Shares O/S183.65M
Ave Daily Vol4,900,000
Short Int3.09%

Current

Price$244.07
Market Cap$44.31B
Constellation Brands, Inc., together with its subsidiaries, produces, imports, and markets beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company sells wine across various categories, including table wine, sparkling wine, and dessert wine. Its wine brands include Arbor Mist, Black Box, Blackstone, Clos du Bois, Estancia, Franciscan Estate, Inniskillin, Kim Crawford, Mark West, Mount Veeder, Nobilo, Ravenswood, Rex Goliath, Robert Mondavi, Ruffino, Simi, Toasted Head, and Wild Horse; and Spirits Brands comprise Black Velvet Canadian Whisky and Svedka Vodka. Constellation Brands, Inc. primarily offers its products to wholesale distributors, retailers, on-premise locations, and government alcohol beverage control agencies. The company was founded in 1945 and is headquartered in Victor, New York.

Highlights

The presenter is bullish on STZ’s prospects post closing of the AB Inbev (BUD)/ Modelo deal. He sees the potential for STZ shares to rise to ~$60 as the incremental business from owning the remaining 50% of Corona (and a couple of additional brands it didn’t already own), and production assets improves the top and bottom line

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