Constellation Brands Inc (NYSE:STZ) Receives $167.53 Consensus Target Price from Analysts

Shares of Constellation Brands Inc (NYSE:STZ) have earned a consensus rating of “Hold” from the twenty-two analysts that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and eleven have issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $167.5263.

A number of research firms have recently commented on STZ. Roth Capital reiterated a “buy” rating and issued a $209.00 price objective on shares of Constellation Brands in a research note on Thursday, July 2nd. Wells Fargo & Company decreased their target price on Constellation Brands from $185.00 to $170.00 and set an “overweight” rating for the company in a research note on Monday, June 29th. Bank of America lowered their target price on Constellation Brands from $152.00 to $145.00 and set an “underperform” rating on the stock in a report on Thursday, July 2nd. BMO Capital Markets reaffirmed an “outperform” rating and issued a $190.00 price target on shares of Constellation Brands in a research report on Thursday, July 2nd. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Constellation Brands in a research report on Wednesday, July 1st.

Institutional Trading of Constellation Brands

Hedge funds have recently bought and sold shares of the stock. MV Capital Management Inc. acquired a new position in shares of Constellation Brands during the fourth quarter valued at about $26,000. Stance Capital LLC bought a new stake in shares of Constellation Brands in the third quarter valued at about $26,000. Strive Financial Group LLC acquired a new stake in Constellation Brands during the fourth quarter worth about $27,000. Elyxium Wealth LLC acquired a new stake in Constellation Brands during the fourth quarter worth about $33,000. Finally, Root Financial Partners LLC increased its stake in Constellation Brands by 231.3% during the first quarter. Root Financial Partners LLC now owns 222 shares of the company’s stock valued at $33,000 after acquiring an additional 155 shares during the period. 77.34% of the stock is owned by institutional investors.

Constellation Brands Price Performance

NYSE STZ opened at $130.57 on Monday. The company has a current ratio of 0.91, a quick ratio of 0.48 and a debt-to-equity ratio of 1.06. The company has a fifty day simple moving average of $134.30 and a 200 day simple moving average of $145.16. The company has a market cap of $22.30 billion, a P/E ratio of 12.46, a P/E/G ratio of 4.09 and a beta of 0.40. Constellation Brands has a 1 year low of $126.45 and a 1 year high of $168.60.

Constellation Brands (NYSE:STZ) last posted its earnings results on Tuesday, June 30th. The company reported $3.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.70 by ($0.27). The firm had revenue of $2.43 billion during the quarter, compared to analyst estimates of $2.39 billion. Constellation Brands had a net margin of 18.87% and a return on equity of 25.58%. The business’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.22 earnings per share. Constellation Brands has set its FY 2027 guidance at 11.200-11.900 EPS. On average, sell-side analysts predict that Constellation Brands will post 11.84 EPS for the current year.

Constellation Brands Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Thursday, July 30th were given a dividend of $1.03 per share. The ex-dividend date of this dividend was Thursday, July 30th. This represents a $4.12 dividend on an annualized basis and a yield of 3.2%. Constellation Brands’s payout ratio is 39.31%.

Constellation Brands Company Profile

Constellation Brands, Inc is a leading producer and marketer of beer, wine and spirits, with operations spanning production, importation, marketing and distribution. The company’s beverage portfolio includes a range of premium and mainstream wines and spirits alongside major imported beer brands; in the U.S. market Constellation is widely known for its role in bringing Mexican imports such as Corona and Modelo to American consumers. Constellation supplies retail, on‑premise and foodservice channels and supports its brands with national sales and marketing platforms and supply‑chain capabilities.

The company traces its roots to the Canandaigua Wine Company, founded by Marvin Sands in 1945, and evolved through organic growth and acquisition into a diversified beverage company.