Technically the stock chart is strong and quite bullish, with a breakout above resistance a good possibility but fundamentally, possibly there could be some disappointment within the report, and in particular any commentary regarding the NYSE:CGC investment.
Cannabis is a dirty word currently as it relates the vaping crisis and will surely be a issue that analysts will focus on during the earnings call.
Average analysts price target $228
Average analysts recommendation OVERWEIGHT
Short interest 4.95%
P/E ratio 17.35
Company profile
Constellation Brands, Inc. engages in the production, marketing, and distribution of beer, wine, and spirits. It operates through the following segments: Beer, Wine and Spirits, and Corporate Operations and Other. The Beer segment includes imported and craft beer brands. The Wine and Spirits segment sells wine brands across all categories-table wine, sparkling wine and dessert wine-and across all price points. The Corporate Operations and Other segment comprises of costs of executive management, corporate development, corporate finance, human resources, internal audit, investor relations, legal, public relations and information technology. The company was founded by Marvin Sands in 1945 and is headquartered in Victor, NY.
Cannabis is a dirty word currently as it relates the vaping crisis and will surely be a issue that analysts will focus on during the earnings call.
Average analysts price target $228
Average analysts recommendation OVERWEIGHT
Short interest 4.95%
P/E ratio 17.35
Company profile
Constellation Brands, Inc. engages in the production, marketing, and distribution of beer, wine, and spirits. It operates through the following segments: Beer, Wine and Spirits, and Corporate Operations and Other. The Beer segment includes imported and craft beer brands. The Wine and Spirits segment sells wine brands across all categories-table wine, sparkling wine and dessert wine-and across all price points. The Corporate Operations and Other segment comprises of costs of executive management, corporate development, corporate finance, human resources, internal audit, investor relations, legal, public relations and information technology. The company was founded by Marvin Sands in 1945 and is headquartered in Victor, NY.