Compania Cervecerias Unidas (NYSE:CCU) Stock Rating Lowered by Zacks Research

Key Points

• Zacks Research downgraded Compania Cervecerias Unidas from a "hold" to a "strong sell," and the stock's consensus rating on MarketBeat is currently Strong Sell (two Holds, three Sells) with an average price target of $12.00.
• Shares opened at $11.71 and are trading near their 52‑week low ($10.71) with a market cap of $2.16B; broker views are mixed — JPMorgan keeps an "underweight" stance while raising its target to $14.00.
• Most recent quarter showed $0.33 EPS on $948.09M revenue, with a P/E of 17.48 and ROE of 7.2%, and sell‑side analysts project full‑year EPS of about $0.68.

Compania Cervecerias Unidas (NYSE:CCU - Get Free Report) was downgraded by Zacks Research from a "hold" rating to a "strong sell" rating in a report released on Wednesday,Zacks.com reports.

A number of other brokerages have also recently issued reports on CCU. Weiss Ratings reiterated a "hold (c)" rating on shares of Compania Cervecerias Unidas in a research note on Friday, March 27th. JPMorgan Chase & Co. boosted their target price on shares of Compania Cervecerias Unidas from $10.00 to $14.00 and gave the stock an "underweight" rating in a report on Monday, February 2nd. Two investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Strong Sell" and an average price target of $12.00.

Compania Cervecerias Unidas Price Performance

Shares of NYSE CCU opened at $11.71 on Wednesday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.90 and a quick ratio of 1.34. The business has a 50-day moving average of $13.11 and a 200-day moving average of $12.89. The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of 17.48, a PEG ratio of 3.39 and a beta of 0.56. Compania Cervecerias Unidas has a fifty-two week low of $10.71 and a fifty-two week high of $15.75.

Compania Cervecerias Unidas (NYSE:CCU - Get Free Report) last released its earnings results on Saturday, February 14th. The company reported $0.33 earnings per share (EPS) for the quarter. The business had revenue of $948.09 million for the quarter. Compania Cervecerias Unidas had a return on equity of 7.20% and a net margin of 4.03%. As a group, sell-side analysts predict that Compania Cervecerias Unidas will post 0.68 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Compania Cervecerias Unidas

A number of institutional investors have recently bought and sold shares of the business. DGS Capital Management LLC bought a new stake in Compania Cervecerias Unidas in the fourth quarter valued at approximately $130,000. Empowered Funds LLC bought a new position in shares of Compania Cervecerias Unidas during the 4th quarter worth approximately $6,748,000. Guggenheim Capital LLC increased its holdings in shares of Compania Cervecerias Unidas by 33.3% during the 4th quarter. Guggenheim Capital LLC now owns 23,549 shares of the company's stock worth $300,000 after acquiring an additional 5,879 shares during the last quarter. Mariner LLC raised its stake in Compania Cervecerias Unidas by 14.5% in the 4th quarter. Mariner LLC now owns 61,325 shares of the company's stock valued at $783,000 after acquiring an additional 7,766 shares during the period. Finally, Arax Advisory Partners raised its stake in Compania Cervecerias Unidas by 917.9% in the 4th quarter. Arax Advisory Partners now owns 2,270 shares of the company's stock valued at $29,000 after acquiring an additional 2,047 shares during the period. Institutional investors and hedge funds own 24.07% of the company's stock.

About Compania Cervecerias Unidas

Compañía Cervecerías Unidas SA NYSE: CCU is a Chile-based beverages company with operations across Latin America. The company engages in the production, marketing and distribution of beer, soft drinks, wines, mineral water and other non-alcoholic beverages. Through a combination of owned brands and licensing agreements, CCU serves both domestic and export markets with a diversified portfolio designed to meet evolving consumer tastes.

In its beer segment, CCU produces flagship brands such as Cristal, Escudo and Royal Guard, while also brewing international labels under license, including Heineken in select markets.

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