1 week Ago By Defense World Staff
Shares of Constellation Brands, Inc. ( NYSE:STZ – Get Free Report ) have received an average recommendation of “Moderate Buy” from the twenty-one analysts that are covering the company, Marketbeat reports. Eight analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company.
The average 12-month price objective among analysts that have issued a report on the stock in the last year is $259.05. A number of equities analysts have recently weighed in on STZ shares.
Piper Sandler lowered their target price on Constellation Brands from $300.00 to $245.00 and set an “overweight” rating on the stock in a research note on Monday, January 13th.
Truist Financial decreased their target price on shares of Constellation Brands from $255.00 to $190.00 and set a “hold” rating on the stock in a research report on Tuesday, January 14th.
Argus downgraded shares of Constellation Brands from a “buy” rating to a “hold” rating in a research report on Tuesday, January 14th. Jefferies Financial Group reissued a “hold” rating and set a $201.00 price target (down previously from $310.
00) on shares of Constellation Brands in a research report on Monday, January 13th. Finally, BNP Paribas initiated coverage on Constellation Brands in a report on Monday, November 25th. They issued a “neutral” rating and a $261.
00 price objective for the company. Check Out Our Latest Stock Analysis on STZ Insider Buying and Selling Institutional Inflows and Outflows Institutional investors and hedge funds have recently bought and sold shares of the stock. Public Sector Pension Investment Board increased its holdings in shares of Constellation Brands by 78.
3% during the second quarter. Public Sector Pension Investment Board now owns 5,704 shares of the company’s stock valued at $1,468,000 after acquiring an additional 2,504 shares in the last quarter. Marshall Wace LLP lifted its stake in shares of Constellation Brands by 48.
0% in the second quarter. Marshall Wace LLP now owns 65,487 shares of the company’s stock valued at $16,848,000 after buying an additional 21,230 shares in the last quarter. AXA S.
A. grew its holdings in shares of Constellation Brands by 54.2% during the second quarter.
AXA S.A. now owns 2,146 shares of the company’s stock valued at $552,000 after buying an additional 754 shares during the last quarter.
APG Asset Management N.V. increased its position in shares of Constellation Brands by 239.
5% during the second quarter. APG Asset Management N.V.
now owns 18,853 shares of the company’s stock worth $4,526,000 after acquiring an additional 13,300 shares in the last quarter. Finally, MBB Public Markets I LLC acquired a new stake in shares of Constellation Brands in the 2nd quarter worth about $3,099,000. 77.
34% of the stock is owned by institutional investors. Constellation Brands Price Performance NYSE:STZ opened at $182.99 on Friday.
The firm’s fifty day moving average price is $221.02 and its two-hundred day moving average price is $236.43.
The company has a debt-to-equity ratio of 1.26, a current ratio of 1.10 and a quick ratio of 0.
46. The company has a market cap of $33.07 billion, a P/E ratio of 49.
19, a P/E/G ratio of 1.58 and a beta of 0.91.
Constellation Brands has a one year low of $176.51 and a one year high of $274.87.
Constellation Brands ( NYSE:STZ – Get Free Report ) last announced its quarterly earnings results on Friday, January 10th. The company reported $3.25 EPS for the quarter, missing analysts’ consensus estimates of $3.
33 by ($0.08). The company had revenue of $2.
46 billion during the quarter, compared to analyst estimates of $2.53 billion. Constellation Brands had a net margin of 6.
27% and a return on equity of 26.55%. The firm’s quarterly revenue was down .
3% on a year-over-year basis. During the same quarter last year, the company posted $3.19 EPS.
Equities analysts expect that Constellation Brands will post 13.52 earnings per share for the current year. Constellation Brands Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st.
Investors of record on Friday, February 7th will be paid a $1.01 dividend. The ex-dividend date is Friday, February 7th.
This represents a $4.04 annualized dividend and a dividend yield of 2.21%.
Constellation Brands’s dividend payout ratio is 108.60%. Constellation Brands Company Profile ( Get Free Report Constellation Brands, Inc, together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy.
The company provides beer primarily under the Corona Extra, Corona Familiar, Corona Hard Seltzer, Corona Light, Corona Non-Alcoholic, Corona Premier, Corona Refresca, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Oro, Victoria, Vicky Chamoy, and Pacifico brands. Recommended Stories Five stocks we like better than Constellation Brands What is a Secondary Public Offering? What Investors Need to Know Bloom Energy: Powering the Future With Decentralized Energy Election Stocks: How Elections Affect the Stock Market Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul 3 Natural Gas Stocks That Offer Great Dividend Yields Why Traders Are Buying the Dip on Johnson & Johnson Stock Receive News & Ratings for Constellation Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Constellation Brands and related companies with MarketBeat.com's FREE daily email newsletter .
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