How Analysts Rate Constellation Brands after 3Q18 Results
Constellation Brands (STZ) stock is currently rated a “buy” by the majority of the 22 analysts covering the stock.
As of January 10, Constellation Brands (STZ) was trading at a 12-month forward PE (price-to-earnings) ratio of 23.6x.
Constellation Brands’ (STZ) gross margin expanded in fiscal 3Q18, which ended on November 30, 2017.
Analyzing Flowers Foods’ Valuation and Dividend Yield
As of February 9, 2018, Flowers Foods (FLO) was trading at a 12-month forward PE (price to earnings) multiple of 19.5x.
Flowers Foods (FLO) reported a fiscal 4Q17 gross margin of 47.7%, which fell 40 basis points from fiscal 4Q16.
At the 4Q17 earnings conference call, CEO Allen Shiver said that the company is focusing on enhancing its share in underpenetrated markets, improving the weak-performing snack business, innovation, and acquisitions.
What Analysts Recommend for J.M. Smucker Stock
Analysts continue to have a “neutral” outlook on J.M. Smucker (SJM) stock despite the company’s better-than-expected fiscal 3Q18 earnings.
J.M. Smucker’s (SJM) adjusted gross margin fell 10 basis points to 38.4% in fiscal 3Q18 due to increased freight costs and an inventory obsolescence charge.
Sales for J.M. Smucker’s (SJM) U.S. Retail Coffee segment increased 2.4% in fiscal 3Q18, reflecting improved volumes and mix.
What to Expect from Target Stock
Target is showing a strong uptrend as better-than-expected holiday sales, improving fundamentals, and an anticipated increase in its EPS in fiscal 2018 have led analysts to raise their target price on the stock.
Target’s earnings are expected to return to a growth trajectory thanks to the improvement in sales.
Despite pressure on margins, the company’s management remains upbeat and expects its EPS to stabilize in fiscal 2018.
PepsiCo Stock: A Look at Analysts’ Reaction to 4Q17 Results
Following the 4Q17 results, PEP stock was downgraded to “in line” from “outperform” by Evercore on February 14.
PepsiCo’s (PEP) gross margin declined in fiscal 4Q17, but its operating margin expanded on a year-over-year basis.
PepsiCo’s North America Beverages segment continued to be impacted by weak volumes.
Why Kroger Decided to Sell Its Convenience Store Business
The convenience store business was Kroger’s non-core business. Kroger announced its intention to explore strategic alternatives in October 2017.
On February 6, 2018, Kroger announced that it has entered into a definitive agreement with EG Group regarding the sale of its convenience store business.
According to a recent New York Post report, Kroger (KR), America’s largest supermarket chain, is reportedly in business development talks with Alibaba.