Constellation Brands Inc (STZ)

[bgpipper]

I thought their NYSE stock symbol was STZ ...

[nowwhat2]

It's so close to performing what this post replies to




One further trip up is all it would take......

[TREND1]

STZ is still a beer company.

[TREND1]

STZ CHART

[mkendra]

Constellation Brands beats by $0.29, reports revs in-line; raises FY20 EPS above consensus
Reports Q2 (Aug) earnings of $2.91 per share, excluding non-recurring items and Canopy Growth''s (CGC) equity losses, $0.29 better than the S&P Capital IQ Consensus of $2.62; revenues rose 2.0% year/year to $2.34 bln vs the $2.34 bln S&P Capital IQ Consensus.
Constellation''s share of Canopy Growth''s equity losses and related activities for second quarter fiscal 2020 totaled a loss of $484.4 mln, including the impact from the June 2019 warrant modification, on a reported basis and a loss of $54.7 mln on a comparable basis.
Co issues raised guidance for FY20, sees EPS of $9.00-9.20 from $8.65-8.95 vs. $8.51 S&P Capital IQ Consensus. FY20 guidance details: Beer: net sales and operating income growth 7 - 9%. Wine and Spirits: net sales decline 15 - 20% and operating income decline of approximately 25 %.

[GoldenMind]

What time pre market do they announce the miss?

[TREND1]

STX

http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,12&cmd=show&disp=e

[TREND1]

Constellation Brands (NYSE:STZ) is scheduled to announce Q2 earnings results on Thursday, October 3rd, before market open.

The consensus EPS Estimate is $2.62 (-8.7% Y/Y)
and the consensus Revenue Estimate is $2.34B (+1.7% Y/Y).

[nowwhat2]

Next earnings release in 4 days
Last one : https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149672036


On Thursday, financial results from Constellation Brands Inc. (STZ),
Costco Wholesale Corp. (COST) and PepsiCo Inc. (PEP)












And so we'll just have to see !


Buy $500 each of Next months' $206 Puts and Calls.....Cancel whichever ones' wrong ASAP ?



Or ? Just lean more towards some Puts than Calls ?






Note : I won't be doing either myself ( as personally I live&trade north of the border).....however





Just looking to hear how others might have played the trade








Can't help but think that the reputation of this company might be at stake (what w its' well-known worlds largest pot investment currently manifesting a serious decline)......Hasn't yet been factored into STZ




Could be time for them to register a freaking "Canopy Discount"....No ?

[TREND1]

ONE MONTH STZ DEP PDRDY


http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,46&cmd=show&disp=e

[TREND1]

STZ DE0 PDRDY are all trending up based on AROON 20

http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,46&cmd=show&disp=e


STZ

[TREND1]

STZ DE0 PDRDY are all trending down based on AROON 20

http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,46&cmd=show&disp=e


STZ

[TREND1]

EPS = 17.56 PRICE STZ = 202
If EPS = 1.00 THAN PRICE = 202/17.56 = 11.58

BUT CGC PRICE IS 26.8 with EPS < ZER0

[TREND1]

STZ

[TREND1]

STX DE0 PDRDY

http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,46&cmd=show&disp=e

[TREND1]

STZ TREND UP

[TREND1]

The charts do not up date.
The links do up date.
Nothing is happening to STZ right now.
Will post when some interesting happens.

[bgpipper]

We are not members of stock charts ... please post charts, not links ...

[TREND1]

STZ

http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,35&cmd=show&disp=e

[TREND1]

STZ


STZ

[TREND1]

In conclusion. Looks like WEED wild become STZ by 2021
That is less than 2 years from now.

[TREND1]

Canopy Growth Corporation (CGC) just terminated Bruce Linton, a co-CEO and co-founder of the company. The departure is likely to be a net positive for the company for multiple reasons, including that it is maturing into a larger company that has a new set of operational concerns that require a different skills from its leadership.

One great example of this would be that Canopy already already raised sufficient cash for it to operate, and no longer needs to access capital, or to pursue a partner to assist in packaging and distribution logistics. Canopy currently has cash from Constellation Brands (STZ). Constellation owns about 38% of Canopy Growth, and controls four seats on its board of directors.

Last summer, at which point Constellation already invested in Canopy and established a strategic partnership, it acquired a sizable stake in Canopy, as well as "additional warrants of Canopy that, if exercised, would provide for at least an additional $4.5 billion CAD to Canopy Growth." The additional warrants would be enough to acquire a majority steak in Canopy.

As part of its investment, Constellation is receiving 139.7 million new warrants which are exercisable over the next 3 years. Of those, 88.5 million are exercisable at a price per share of C$50.40, a 43.0 percent premium to Canopy's VWAP, and 51.3 million are exercisable at the VWAP at the time of exercise. If Constellation were to exercise all existing and new warrants, its ownership would exceed 50 percent."

This current move to terminate Linton may have been partially due to issues with Canopy's performance, but this decision is far more likely a sign of its maturing and the inevitable power turnover. Moreover, this is a reasonably anticipated move considering the sizable stake Constellation took, which included a majority of board members and rights to acquire more equity. There was a certain tacit acquiescence of control along with Canopy’s taking so much of Constellation’s money, and giving them the right to acquire a majority stake through warrants by 2021.

Canopy’s press release for this termination did not refer to it as such, but rather merely noted Bruce Linton “will step down as co-CEO and Canopy Board member.” as part of a "leadership transition." Linton was subsequently quite clear that he was fired, but his CNBC interview on the subject appeared to indicate he understood the reasoning behind this inevitable departure from management.

Moreover, his attitude towards it jives with my belief that he is not the proper leader that Constellation wants for Canopy. Linton stated, “I really think at the end of the day, sometimes entrepreneurs are entrepreneurs because they’re not super employable,” adding "I probably don’t have a resume because I like creating businesses and driving them." In essence, Canopy no longer requires entrepreneurial leadership, as it matured to a significant entity that needs to focus on operational and regulations.

Canopy's press release on the leadership transition goes on to state:

Mark Zekulin has agreed to become the sole CEO of the company and will work with the Board to begin a search to identify a new leader to guide the company in its next phase of growth, which will include both internal and external candidates. Rade Kovacevic, a long-serving member of the team currently leading all Canadian operations and recreational strategy will assume the role of President. These changes are effective immediately." (Source: Canopy's 7/3/2019 press release)

This indicates Canopy will have "a new leader" and not Zekulin or co-CEOs going forward. Co-CEOs are atypical. Zekulin also commented that "I personally remain committed to a successful transition over the coming year as we begin a process to identify new leadership that will drive our collective vision forward." Zekulin has also subsequently commented that he will step down after they find a replacement.

Canopy already established itself as a major market competitor or leader in most of its markets, and has grown to a have operations in 12 countries and on five continents. Constellation's continued control and inevitable exercising of their warrants is becoming increasingly obvious. But this should also create greater operational certainty and consistency, which Constellation and most equity investors appreciate.

Running Canopy is sure to be a highly sought after position, and the true question becomes whether Constellation already has a person in mind. It is likely the next CEO will be there to transition to the company into Constellation, or to run the company with Constellation as a majority holder, which it will almost certainly become in 2021.

Constellation's operational excellence should help Canopy complete the transition from an emerging company to the large cap stock it now is. Moreover, a smooth transition of power ensures the probability of Constellation pouring billions more into Canopy, which should help it secure its leadership position.

[TREND1]

Canopy Growth Grows Too Big For Its Founders
Jul. 7, 2019 4:13 PM ET|
Summary

Canopy Growth Corporation is the largest publicly traded cannabis company in the world, with Constellation Brands as a major investor.

Canopy just terminated the company’s co-founder and co-CEO Bruce Linton.

This termination is likely part of Constellations clearly telegraphed takeover of Canopy.

This move is a probable sign of Canopy maturing, including taking on a more traditional management structure that will focus on operations and logistics upon this market leader.

[TREND1]

Constellation Brands hits FTC hurdle in Gallo deal
May 21, 2019 8:14 AM ET|About: Constellation Brands, Inc. (STZ)|By: Clark Schultz, SA News Editor
Constellations Brands (NYSE:STZ) discloses that it received a second request from the FTC for information regarding Gallo's plan to sell about 30 brands from its wine and spirits portfolio.
Due to the regulatory request, Constellation no longer anticipates that the deal will close in FQ1.
The wine and spirits brands to be sold by Constellation include Clos du Bois, Black Box and Mark West.
SEC Form 8-K

[TREND1]

Strategy clash between Constellation Brands and Canopy Growth
Jul. 5, 2019 8:37 AM ET|About: Canopy Growth Corporation (CGC)|By: Clark Schultz, SA News Editor

Canopy Growth (NYSE:CGC) Co-CEO Bruce Linton left the company after clashing with Constellation Brands (NYSE:STZ) CEO Bill Newlands, according to reporting from The Globe and Mail.

Sources indicate that disagreements over strategy arose when Constellation tried to exert more influence on Canopy Growth after becoming the cannabis company's largest shareholder.

Shares of CGC are down 1.41% premarket to $40.48. STZ +0.49%.

[TREND1]

STZ MONTHLY SLOPE


https://www.stockcharts.com/h-sc/ui?s=STZ&p=M&yr=5&mn=0&dy=0&id=p17832281887&a=674604104&listNum=8

[TREND1]

Insider % Owned =99.90%

[TREND1]

Dividends Per Share = $ 3.00

[TREND1]

PE Ratio = 11.30

[TREND1]

Earnings Per Share (EPS)=18.24

[TREND1]

Market Cap = $ 38.25B

[bgpipper]

Yes, good earnings report. I think there will be some selling. But, I like the company’s portfolio and their fundamentals. High end beer, wine, vodka, and whiskey. Solid balance sheet. Even with STZ acknowledging the paper loss in Canopy, earnings were still good. I am going to hold for now. I am done buying. I like my position. Cheers.

[nowwhat2]

Hey have U heard the latest news ?

Global headlines read :

[whytestocks]

News: $STZ Constellation Brands Reports First Quarter Fiscal 2020 Results

VICTOR, N.Y., June 28, 2019 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, reported today its first quarter fiscal 2020 results. A conference call to discuss the financial results and outlook will be hosted by President and Chief ...

Got this from https://marketwirenews.com/news-releases/constellation-brands-reports-first-quarter-fiscal-2020-results-8429574.html

[cjstocksup]

Fun pre market out at $204.35

[bgpipper]

No conflict now ... making money, hand over fist!

[manofIsle]

Lil canadian David's Tea with 242 company owned stores is a Target!! Small float,cash,huge inside ownership,42 mill cash, Target!!!

[nowwhat2]

Conflicting Signals: Trump Administration officials appeared to have differing opinions about the future of the Mexican tariffs - which are supposed to be enacted June 10. In a tweet this morning, CNN anchor Jim Sciutto said he was told by White House trade adviser Peter Navarro that "we believe that these tariffs may not have to go into effect." This runs somewhat counter to Trump's tweet last night, in which his threat of tariffs were "no bluff."

[TFMG]

$STZ Reversal or Short next week depending on Mr Trump.

One tweet and investors in NYSE:STZ wake up to a 9% loss on a issue completely from left field. No one expected this to happen and in reality it should never happen, picking fights with your friends does not damage your enemies. The trade dispute with mexico, announced by a tweet just shows what a sitcom politics have become in the USA, his own trade advisors were not even informed about it, nore his economic advisors. It is pretty safe to say that politicians and lobbyists will not get much sleep this weekend, business owners, trade councils, Unions, Human rights activists and political benefactors will be battering at the door of their local representatives, to get answers fast. The entire political system must be called into question when a TWEET can affect so many lives and businesses, should the POTUS be able to carry such power.?

Despite the rant , next week could prove pivotal in this stock, having such a high dependance on cross border trade, if the rhetoric was to change this could provide a great long reversal trading opportunity.

[nowwhat2]

Yes.....and probably because of this :





Without.....any regards as to this :






Good luck !

[bgpipper]

I know, bought more today at the open:)

[nowwhat2]

Now that's what I call(ed) a Clonk !

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148751158

[mkendra]

Buying op coming. If you can hold until the storm passes.

[bgpipper]

I am still very positive on STZ. Love their brands ... love their management ... like that they divested their high end wine, and bought a boutique whiskey company. Invested in Canopy. Also, they pay a dividend and are buying stock back. Sorry I do not understand charting, but I respect the talent ...

[nowwhat2]

Worlds' largest (alcoholic) beverage Corp.



One month earlier :



I called that top right to the minute

[bgpipper]

STZ increased their dividend and will now buy their shares back at a cheaper price. Nice! Winning!

[nowwhat2]

It has begun.....?

No mention of its' stock chart there ?....LoL - What losers

Little bit "after-the-fact" (them) dont'chya' think ?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148751158

[bgpipper]

Morgan Stanley downgraded Constellation Brands to 'equal-weight' from 'overweight'
Morgan Stanley downgraded the company mainly due to a rise in the stock from its January low.
"The downgrade is mainly predicated on price after a 36% jump in the stock from its January 9 low, and to a lesser extent an increasing risk profile with a potential beer demand slowdown this summer as STZ cycles successful innovation from last year. Net, we believe the market is now more appropriately discounting STZ's long-term corporate revenue growth prospects, as the DCF market-implied +5.5% LT growth forecast for STZ is close to our +6% forecast. Near term, we also see limited potential for beer margin upside in FY20 (we are essentially in-line with STZ's flat beer margin forecast at +4 bps), and with subpar weather and just OK results (based on scanner data and industry feedback) so far in fiscal Q1, we see some modest risk to our 8% Q1 beer depletion forecast. We have long recommended this name, and the stock is up 1,721% over the last decade, by far the best performer in our coverage. Thus, a move to Equal-weight is a big change for us, but we no longer see potential for beer upside (as detailed above) and/or compelling valuation, which have been the key drivers of our historical thesis."

[nowwhat2]

NYSE STZ - Looks like she's a Clonk !








WEED on the other hand ?....Wait - see replies
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148818530

[RTupp23]

April’s Top Performing Cannabis Stocks

Read article here