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Constellation Brands (STZ, $235.34) to build $1.3 billion brewery in Mexico
Constellation Brands has agreed to build a large brewery in southeastern Mexico, with an investment of about $1.3 billion. This comes almost two-years after the beverage maker had a dispute with the Mexican government.
According to the Wall Street Journal, Constellation and Mexican President Andres Manuel Lopez Obrador are expected to announce the plan to build the new brewery as soon as this week.
In early 2020, Constellation had to close its almost finished $1.4 billion brewery in the city of Mexicali.
The Mexican government acted after local residents voted against the project, on allegations that the factory would use excessive water and hurt local farmers.
Constellation told the Journal that negotiations with the Mexican government "have been productive and remain ongoing."
Aroon Indicator for STZ shows an upward move is likely
STZ's Aroon Indicator triggered a bullish signal on May 02, 2022. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 280 similar instances where the Aroon Indicator showed a similar pattern. In 171 of the 280 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at 61%.
Current price $249.29 crossed the support line at $250.22 and is trading between $250.22 support and $240.58 support lines. Throughout the month of 04/13/22 - 05/16/22, the price experienced a +0.60% Uptrend. During the week of 05/09/22 - 05/16/22, the stock enjoyed a +1% Uptrend growth.
The Stochastic Indicator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 30 of 56 cases where STZ's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 54%.
The Momentum Indicator moved above the 0 level on May 13, 2022. You may want to consider a long position or call options on STZ as a result. In 52 of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 58%.
Following a +1.66% 3-day Advance, the price is estimated to grow further. Considering data from situations where STZ advanced for three days, in 194 of 330 cases, the price rose further within the following month. The odds of a continued upward trend are 59%.
The 10-day RSI Indicator for STZ moved out of overbought territory on April 22, 2022. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 34 similar instances where the indicator moved out of overbought territory. In 18 of the 34 cases, the stock moved lower in the following days. This puts the odds of a move lower at 53%.
The Moving Average Convergence Divergence Histogram (MACD) for STZ turned negative on April 26, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In 24 of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at 49%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where STZ declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 55%.
STZ broke above its upper Bollinger Band on April 07, 2022. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 60%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.28.
The Tickeron PE Growth Rating for this company is 3 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is 31 (best 1 - 100 worst), indicating outstanding price growth. STZ’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 36 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock slightly better than average.
The Tickeron Valuation Rating of 47 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.946) is normal, around the industry mean (3.086). P/E Ratio (65.359) is within average values for comparable stocks, (48.281). Projected Growth (PEG Ratio) (3.007) is also within normal values, averaging (2.139). Dividend Yield (0.012) settles around the average of (0.025) among similar stocks. P/S Ratio (5.379) is also within normal values, averaging (32.694).
The Tickeron SMR rating for this company is 83 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The alcoholic beverage market includes beer, wine, and spirits. From $230 billion in 2015, the industry has grown to around $250 billion by 2019. In recent years, alcoholic beverage makers have been looking to expand distribution and purchase channels, such as through online stores (e.g. e-commerce platform Drizly) and convenience stores. Anheuser-Busch In Bev and Diageo are major global alcoholic beverage companies, while U.S.-owned companies include Constellation Brands and Brown-Forman Corp. among several others.
The average market capitalization across the Beverages: Alcoholic Industry is 17.7B. The market cap for tickers in the group ranges from 13.4K to 18.5T. PBGDF holds the highest valuation in this group at 18.5T. The lowest valued company is GBEN at 13.4K.
The average weekly price growth across all stocks in the Beverages: Alcoholic Industry was 0.96%. For the same Industry, the average monthly price growth was -4.68%, and the average quarterly price growth was -16.81%. EARI experienced the highest price growth at 30.9%, while SBDCF experienced the biggest fall at -25.79%.
- 3/19/22 4:49 AM: Constellation Brands (STZ, $225.93) was a top weekly gainer, with a +6.38% jump
- 2/18/22 6:32 AM: Constellation Brands (STZ, $218.87) was a top loser this week, declining -7.77%
The average weekly volume growth across all stocks in the Beverages: Alcoholic Industry was -25.72%. For the same stocks of the Industry, the average monthly volume growth was 8.67% and the average quarterly volume growth was -38.92%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Negative Outlook today, backed by the Aroon Indicator. Tickeron has a negative outlook on this group and predicts a further decline by more than 4.00% within the next month with a likelihood of 53%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.
25 stocks in the group of tickers confirmed the negative outlook based on the Declines indicator with average odds of 62%.
The most notable companies in this group are Anheuser-Busch INBEV SA/NV (NYSE:BUD), Constellation Brands (NYSE:STZ), Molson Coors Beverage Company (NYSE:TAP).
The average market capitalization across the group is 21.6B. The market cap for tickers in the group ranges from 0 to 132.6B. FMX holds the highest valuation in this group at 132.6B. The lowest valued company is WVVIP at 0.
The average weekly price growth across all stocks in the group was 0.92%. For the same group, the average monthly price growth was -5.77%, and the average quarterly price growth was -19.34%. ABEV experienced the highest price growth at 10.54%, while SBDCF experienced the biggest fall at -25.79%.
- 5/14/22 4:23 AM: Molson Coors Beverage (TAP, $55.93) was a top weekly gainer, with a +5.25% jump. Expect an Uptrend continuation
- 5/12/22 5:38 AM: Anheuser-Busch INBEV SA/ (BUD, $54.71) was a top loser this week, declining -6.21%
- 5/12/22 5:38 AM: Willamette Valley Vineyards (WVVI, $6.8) is a top weekly loser for penny stocks, falling -23%
The average weekly volume growth across all stocks in the group was 300.54%. For the same stocks of the group, the average monthly volume growth was 620.42% and the average quarterly volume growth was 160.12%
- 5/6/22 4:59 AM: The volume for MGP Ingredients stock increased for one day, resulting in a record-breaking daily growth of 314% of the 65-Day Volume Moving Average
- 4/27/22 5:28 AM: The volume for Compania Cervecerias Unidas SA stock increased for one day, resulting in a record-breaking daily growth of 218% of the 65-Day Volume Moving Average
- 3/22/22 5:08 AM: The volume for Carlsberg AS stock increased for three consecutive days, resulting in a record-breaking daily growth of 458% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
The most notable companies in this group are Anheuser-Busch INBEV SA/NV (NYSE:BUD), Constellation Brands (NYSE:STZ), Molson Coors Beverage Company (NYSE:TAP).
The alcoholic beverage market includes beer, wine, and spirits. From $230 billion in 2015, the industry has grown to around $250 billion by 2019. In recent years, alcoholic beverage makers have been looking to expand distribution and purchase channels, such as through online stores (e.g. e-commerce platform Drizly) and convenience stores. Anheuser-Busch In Bev and Diageo are major global alcoholic beverage companies, while U.S.-owned companies include Constellation Brands and Brown-Forman Corp. among several others.
The average market capitalization across the Beverages: Alcoholic Industry is 17.7B. The market cap for tickers in the group ranges from 13.4K to 18.5T. PBGDF holds the highest valuation in this group at 18.5T. The lowest valued company is GBEN at 13.4K.
The average weekly price growth across all stocks in the Beverages: Alcoholic Industry was 0.96%. For the same Industry, the average monthly price growth was -4.68%, and the average quarterly price growth was -16.81%. EARI experienced the highest price growth at 30.9%, while SBDCF experienced the biggest fall at -25.79%.
- 5/14/22 4:23 AM: Molson Coors Beverage (TAP, $55.93) was a top weekly gainer, with a +5.25% jump. Expect an Uptrend continuation
- 5/12/22 5:38 AM: Anheuser-Busch INBEV SA/ (BUD, $54.71) was a top loser this week, declining -6.21%
- 5/12/22 5:38 AM: Willamette Valley Vineyards (WVVI, $6.8) is a top weekly loser for penny stocks, falling -23%
The average weekly volume growth across all stocks in the Beverages: Alcoholic Industry was -70.08%. For the same stocks of the Industry, the average monthly volume growth was -43.52% and the average quarterly volume growth was -57.9%
- 5/6/22 4:59 AM: The volume for MGP Ingredients stock increased for one day, resulting in a record-breaking daily growth of 314% of the 65-Day Volume Moving Average
- 4/27/22 5:28 AM: The volume for Compania Cervecerias Unidas SA stock increased for one day, resulting in a record-breaking daily growth of 218% of the 65-Day Volume Moving Average
- 3/22/22 5:08 AM: The volume for Carlsberg AS stock increased for three consecutive days, resulting in a record-breaking daily growth of 458% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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