Professional
Added to YB: 2024-11-07
Pitch date: 2024-11-06
STZ [bullish]
Constellation Brands, Inc.
-34.28%
current return
Author Info
No bio for this author
Company Info
Constellation Brands, Inc., together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy.
Market Cap
$22.7B
Pitch Price
$224.31
Price Target
300.00 (+104%)
Dividend
3.13%
EV/EBITDA
11.05
P/E
19.08
EV/Sales
3.48
Sector
Beverages
Category
value
(Evercore ISI) STZ Trump impact overdone? Appears to discount worst case tariff scenario
STZ: Trump impact overdone (down to 2018 prices)? 10% tariff needs 2.5-5% pricing; 15% needs 4-7.5%. Peso -20% helps ~$0.65 EPS. 3 scenarios: 5% tariff -$0.05 EPS, 10% -$0.30, 15% -$1.00 (w/ pricing & buybacks). Beer taxes unpopular. Immigration policies risk demand. Hispanic consumers key. $300 PT, 20x C2025 EPS.