白酒股持續走高 洋河股份(002304.SZ)漲超7%
格隆匯5月24日丨白酒股持續活躍,伊力特觸及漲停,洋河股份大漲超7%,捨得酒業漲超5%,老白乾酒、青青稞酒漲超4%,口子窖、水井坊、金種子酒等集體上漲,五糧液漲超1%,貴州茅台、瀘州老窖微幅上漲。

5月為白酒行業淡季,但也是白酒行業控量提價的多發期。日前,瀘州市酒業發展促進局發佈中國白酒商品批發價格走勢分析,5月上旬全國白酒商品批發價格定基總指數為107.24,上漲7.24%。
隨着夏季白酒淡季來臨,控貨挺價將成為主旋律。5月以來多家酒企開始扎堆漲價,也是為了配合價格進一步提升,渠道庫存也較為良性,行業仍處於良性發展狀態中。
招商證券研報認為,5月是傳統淡季,今年白酒整體呈現淡季不淡的局面,五一小假期存在一定的消費回補。但距離二季度催化有一定距離,處於業績真空期,同時反彈後估值總體不便宜,短期基本面驅動的股價空間不大。但春節後的流動性擔憂有所緩解,路演反饋資金面趨於樂觀,有助於估值維持在景氣水平。白酒板塊基本面依然非常強勁,Q1茅台平穩增長,五瀘實現開門紅,為全年量價策略打下良好基礎,關注五糧液批價上行的催化。
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