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Monster Beverage's International Growth May Not Be Enough To Offset US Slowdown
Friday, November 8, 2019 - 12:48pm | 303Monster Beverage Corp’s (NASDAQ: MNST) risk-reward seems unfavorable due to the slowdown in US trends, emerging global competition and the company’s increasing dependence on lower margin international growth, according to UBS. The Analyst UBS analyst Sean King maintained a Sell rating...
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Does Constellation Brands Have A Hard Seltzer Problem?
Thursday, August 22, 2019 - 11:45am | 356The hard seltzer alcohol market has exploded over the last year and could expand to a $2.5 billion market by 2021 and Constellation Brands, Inc. (NYSE: STZ) could see part of its beer portfolio negatively impacted from the growing category, according to UBS. The Analyst UBS analyst Sean King...
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UBS: Monster Beverages Continues To Face 'Fundamental Controversy'
Monday, August 19, 2019 - 12:33pm | 384Monster Beverage Corp (NASDAQ: MNST) continues to face a "fundamental controversy" related to its growth profile, especially for the Reign brand which fell short of expectations in the second quarter, according to UBS. The Analyst UBS analyst Sean King maintains a Sell rating on Monster...
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The Street's Wide-Ranging Take On Molson Coors Earnings, CEO Change
Thursday, August 1, 2019 - 3:42pm | 604Molson Coors Brewing Co (NYSE: TAP) hit multi-year lows Wednesday after reporting second-quarter sales, gross profit and operating income below the Street's expectations. The company also unexpectedly announced Gavin Hattersley will replace Mark Hunter as CEO. Multiple Street analysts weighed...
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UBS Questions Boston Beer's Dogfish Head Purchase, Increasing Exposure To Difficult Craft Beer Category
Wednesday, May 22, 2019 - 10:31am | 442The craft beer market is getting crowded with new brews showing up and taking share away from established craft brewers. So, the recent decision by Boston Beer Company Inc (NYSE: SAM) to get even deeper into an increasingly competitive industry by buying another craft brewery is curious, says UBS...
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The Street Debates Monster Beverage's Quarter
Friday, May 3, 2019 - 2:04pm | 817Monster Beverage Corp (NASDAQ: MNST) reported a top-and-bottom line beat in its first quarter results but some Street analysts remain convinced a bullish stance on the stock can be justified. The Analysts Stifel's Mark Astrachan maintains a Buy rating on Monster Beverage's stock with a...
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Coca-Cola's Outlook Has Analysts Perking Up
Thursday, April 25, 2019 - 9:44am | 586Sell-side analysts say The Coca Cola Co. (NYSE: KO) has a refreshing new outlook that looks beyond its old standby product; strong sales; and a willingness to branch out, all of which look positive for the iconic global drink brand. Coca-Cola beat Street earnings estimates by two pennies...
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Monster Beverage Posts Sales, EPS Beat: 4 Sell-Side Takes
Thursday, February 28, 2019 - 11:42am | 600The market woke up Thursday to energetic interest in Monster Beverage Corporation (NASDAQ: MNST), which was surging after posting better-than-expected top-line results. Monster reported 15.8-percent organic sales growth in the fourth quarter, and its earnings per share of 43 cents beat...
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The Street's Reaction To Coca-Cola's Dip
Friday, February 15, 2019 - 9:25am | 639Shares of beverage giant and Dow Jones component The Coca-Cola Co (NYSE: KO) lost more than 8 percent Thursday in reaction to a weak earnings report and a cautious guidance for 2019. Here is a reaction of how some of the Street's top analysts reacted to the print. The Analysts Citi's Wendy...
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Which Beverages Stocks Will Pop? UBS Weigh In On The Sector
Tuesday, December 18, 2018 - 8:16am | 1160Investors thirsty for exposure to beverage stocks have many options available, but which names will outperform? UBS analysts updated their view of the sector on Dec. 12 and initiated coverage of new names. Here's a summary of what companies the research firm are recommending investors buy and...