Compania Cervecerias Unidas, S.A. (NYSE:CCU) Receives Consensus Rating of “Reduce” from Analysts

Shares of Compania Cervecerias Unidas, S.A. (NYSE:CCU) have been given a consensus rating of “Reduce” by the five research firms that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation and three have given a hold recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $12.00.

A number of analysts have issued reports on the company. Zacks Research raised Compania Cervecerias Unidas from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Compania Cervecerias Unidas in a research report on Monday, December 29th. Finally, JPMorgan Chase & Co. upped their price target on Compania Cervecerias Unidas from $10.00 to $14.00 and gave the company an “underweight” rating in a report on Monday, February 2nd.

Compania Cervecerias Unidas Stock Up 2.1%

Shares of NYSE:CCU opened at $14.47 on Monday. The company has a quick ratio of 1.38, a current ratio of 2.06 and a debt-to-equity ratio of 0.69. Compania Cervecerias Unidas has a fifty-two week low of $11.35 and a fifty-two week high of $15.75. The stock has a market cap of $2.67 billion, a price-to-earnings ratio of 18.79, a price-to-earnings-growth ratio of 4.09 and a beta of 0.49. The firm’s 50 day moving average price is $13.62 and its 200 day moving average price is $12.76.

Compania Cervecerias Unidas (NYSE:CCU) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.08). The firm had revenue of $684.82 million during the quarter, compared to analysts’ expectations of $783.08 million. Compania Cervecerias Unidas had a net margin of 4.48% and a return on equity of 8.18%. As a group, equities research analysts predict that Compania Cervecerias Unidas will post 0.68 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. EverSource Wealth Advisors LLC lifted its position in Compania Cervecerias Unidas by 1,252.7% in the second quarter. EverSource Wealth Advisors LLC now owns 3,233 shares of the company’s stock valued at $42,000 after acquiring an additional 2,994 shares during the last quarter. First Horizon Corp purchased a new position in shares of Compania Cervecerias Unidas during the third quarter worth about $60,000. Rhumbline Advisers increased its position in shares of Compania Cervecerias Unidas by 140.6% during the first quarter. Rhumbline Advisers now owns 6,555 shares of the company’s stock worth $100,000 after purchasing an additional 3,831 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of Compania Cervecerias Unidas in the 3rd quarter valued at about $91,000. Finally, First Affirmative Financial Network acquired a new stake in shares of Compania Cervecerias Unidas in the 3rd quarter valued at about $143,000. 24.07% of the stock is owned by hedge funds and other institutional investors.

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.