This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

7 Alcohol Stocks That Analysts Toast

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Fortune Brands (FO) is a conglomerate made up of home and hardware products, and alcoholic beverages and golf businesses. It posted $6 billion of sales in 2009, which grew by 7% to $7.1 billion in 2010. Sales in its spirits business rose 7.9%. In 2011, analysts expect strong growth in the high-margin spirits segment on higher consumer spending and increasing market share in the U.S. and abroad.

It had revenue of $7.1 billion in 2010, up from $6.7 billion in 2009. For fiscal 2011, analysts estimate that Fortune will earn $3.25 per share and that will grow by 16% to $3.78 in 2012.

Fortune Brands has said it intends to break up and sell the home-and-security and golf segments to become a pure-play spirits manufacturer, which could help boost share prices if the those for-sale components fetch dear prices.

Fortune Brands' spirits brands include Jim Beam, Maker's Mark and Canadian Club.

Its home and security brands include Moen, Therma-Tru, and Master Lock, and golf brands include Titleist, Pinnacle and FootJoy.

Standard & Poor's gives Fortune Brands three stars out of a possible five but has a "hold" recommendation on its shares. It has a 12-month $68 price target on its shares, about an 11% premium to its current price.

S&P's review of other analysts' ratings found two "buy" ratings, one "buy/hold" and 10 "holds."

Shares are up 2% this year and 31% over the past year, giving it a market value of $9.3 billion. It has 76% institutional ownership.

4 of 8

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
BUD $123.72 1.00%
DEO $113.36 0.65%
GS $197.99 -0.66%
SAM $265.97 0.80%
TAP $75.13 0.01%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs