Streetbeat News

HEINY

Heineken N.V

http://www.theheinekencompany.com/

CEO

Dolf van den Brink

Open

42.61

Mkt cap

48B

Volume

4.9K

High

42.89

P/E Ratio

45.15

52-wk high

52.92

Low

42.58

Div yield

0.02

52-wk low

32.77

Heineken is considered undervalued, trading below 14x P/E, and presents a significant investment opportunity with potential double-digit returns. Despite market declines, Heineken's fundamentals remain strong, with a BBB+ rating, well-covered dividend, and a diversified premium portfolio. The company's growth in emerging markets and premiumization strategy supports a fair value of at least €90/share.

Portfolio Pulse from

January 13, 2025 | 9:45 pm

The International Longshoremen's Association strike could lead to supply constraints and price increases in the food and beverage, automotive, and construction sectors. Companies like Constellation Brands, AutoZone, O'Reilly Automotive, DR Horton, and Lennar may face operational disruptions.

Portfolio Pulse from Aaron Bry

October 02, 2024 | 6:15 pm

Heineken NV (OTC:HEINY) reported a 7.2% Y/Y revenue growth in Q1 FY24, reaching 8.18 billion euros, driven by a 4.3% volume growth and a 4.9% increase in net revenue per hectolitre. Beer volume grew 4.7% organically across all regions, surpassing company expectations of 2.5%. The growth was attributed to the earlier timing of Easter and one-off effects in Vietnam and Nigeria. The company expects FY24 operating profit to grow by a low- to high-single-digit percentage, with net profit growth expected to be lower. HEINY shares rose 1.39% to $49.71.

Portfolio Pulse from Lekha Gupta

April 24, 2024 | 6:13 pm

Anheuser-Busch InBev SA (NYSE:BUD) has agreed to transfer its stake in a Russian joint venture to Anadolu Efes, a Turkish partner, without immediate payment. Future compensation will depend on the venture's performance, with the transaction valued between $1.1 billion and $1.3 billion. This divestment is part of a broader trend of European companies leaving Russia due to geopolitical tensions. Carlsberg A/S (OTC:CABGY) and Heineken N.V. (OTC:HEINY) have also exited the Russian market, with Carlsberg's local unit seized by Russia and Heineken selling its business at a loss. BUD shares saw a slight increase of 0.30% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

December 19, 2023 | 11:48 am

Heineken NV has closed the sale of its Russian operations to Arnest Group, taking a non-cash exceptional loss of €300 million. The company sold the Russian business for €1 and transferred all remaining assets, including seven breweries. Heineken expects the deal to have a negligible impact on diluted EPS and no impact on the FY23 outlook. The company's H1 2023 revenue grew by 6.3% Y/Y to €17.44 billion, but EPS declined by 7.3% Y/Y to €2.04.

Portfolio Pulse from Lekha Gupta

August 25, 2023 | 12:14 pm

Several significant business events have occurred. Alphabet Inc's Google has had an investigation into alleged abuse of dominance closed by the Italian Competition Authority. Toyota Motor Corp is strengthening its local development of intelligence and electrification technology in China. J.B. Hunt Transport Services is buying 13 zero-emission trucks from Nikola Corp. BT Group PLC has appointed Allison Kirkby as CEO. Walt Disney Co has appointed former executives Kevin Mayer and Tom Staggs as advisors to CEO Bob Iger. Foxconn is expanding in India with a $195M investment. Novo Nordisk A/S's weight-loss drug Wegovy has hit the German market. Walmart Inc has bought out Tiger Global's stake in Flipkart for $1.4B. Yellow Corporation has ceased operations. Panasonic Holdings Corp and Heineken NV have released their earnings reports.

Portfolio Pulse from Vandana Singh

July 31, 2023 | 2:14 pm

Heineken NV reported a 6.3% Y/Y revenue growth in H1 2023 to €17.44 billion, despite a 5.6% Y/Y decline in beer volume due to weak performance in Vietnam and Nigeria. The company's net profit fell 8.6% Y/Y to €1.16 billion, and EPS was down 7.3% Y/Y to €2.04. Heineken revised its 2023 operating profit growth outlook to stable to mid-single-digit organic growth. The company expects a strong turnaround in operating profit growth in the second half of the year.

Portfolio Pulse from Lekha Gupta

July 31, 2023 | 11:00 am

GXO has signed a multi-year agreement with HEINEKEN to continue operating its warehouse, distribution, and secondary transport network across the U.K., including exclusively to HEINEKEN's U.K. pub estate - Star Pubs & Bars.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 11:08 am

Constellation Brands Inc (NYSE:STZ), a Fortune 500 company and the largest beer import company in the US, reported better than expected Q1 results due to a more than 40% improvement in e-commerce direct to consumer sales. However, the company's growth is slowing down to a single-digit-percentage pace, joined by rising input costs. Constellation Brands also has a significant debt of $12.3 billion as of May 2023, which could become an issue if earnings continue to decline.

Portfolio Pulse from Upwallstreet

July 05, 2023 | 7:39 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.