Constellation Brands Inc. (STZ): Today's Featured Food & Beverage Winner

Constellation Brands ( STZ) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day down 0.7%. By the end of trading, Constellation Brands rose $1.12 (4.1%) to $28.74 on average volume. Throughout the day, 4.5 million shares of Constellation Brands exchanged hands as compared to its average daily volume of 3.1 million shares. The stock ranged in a price between $27.17-$28.93 after having opened the day at $27.22 as compared to the previous trading day's close of $27.62. Other companies within the Food & Beverage industry that increased today were: Calavo Growers ( CVGW), up 4.1%, Constellation Brands ( STZ.B), up 3.7%, Bridgford Foods Corporation ( BRID), up 2.9%, and S&W Seed Company ( SANW), up 2.9%.

Constellation Brands, Inc. produces and markets beverage alcohol in the United States and internationally. Constellation Brands has a market cap of $4.25 billion and is part of the consumer goods sector. The company has a P/E ratio of 12.8, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 33.9% year to date as of the close of trading on Wednesday. Currently there are four analysts that rate Constellation Brands a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Constellation Brands as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the negative front, Central European Distribution ( CEDC), down 10.4%, China Marine Food Group ( CMFO), down 5%, Tyson Foods ( TSN), down 4.7%, and Smithfield Foods ( SFD), down 3.7%, were all losers within the food & beverage industry with Green Mountain Coffee Roasters ( GMCR) being today's food & beverage industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the food & beverage industry could consider PowerShares Dynamic Food & Beverage ( PBJ) while those bearish on the food & beverage industry could consider PowerShares DB Agriculture Sht ETN ( ADZ).
null

If you liked this article you might like

Under Armour CEO Kevin Plank Expands His Baltimore Empire to Whiskey and a Hotel

Blame the Millennials: Cramer's 'Mad Money' Recap (Wednesday 8/9/17)

Cramer: Follow the Millennials

Talk About the Passion; Survivor Stocks -- Jim Cramer's Top Thoughts