Constellation Brands Inc (NYSE:STZ) Given Average Recommendation of “Hold” by Analysts

Shares of Constellation Brands Inc (NYSE:STZ) have received a consensus recommendation of “Hold” from the twenty-two ratings firms that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have issued a buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $167.5263.

Several brokerages have weighed in on STZ. Freedom Capital cut shares of Constellation Brands from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 1st. Piper Sandler restated a “neutral” rating and set a $160.00 price target on shares of Constellation Brands in a research report on Wednesday, July 1st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $185.00 price target on shares of Constellation Brands in a report on Thursday, July 2nd. Wells Fargo & Company cut their price objective on Constellation Brands from $185.00 to $170.00 and set an “overweight” rating for the company in a research report on Monday, June 29th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Constellation Brands in a research note on Friday, July 31st.

Insider Transactions at Constellation Brands

In other Constellation Brands news, EVP James O. Bourdeau sold 4,407 shares of the stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $143.24, for a total transaction of $631,258.68. Following the sale, the executive vice president owned 9,109 shares of the company’s stock, valued at $1,304,773.16. This represents a 32.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 12.20% of the stock is currently owned by company insiders.

Institutional Trading of Constellation Brands

A number of hedge funds have recently modified their holdings of the company. MV Capital Management Inc. bought a new stake in Constellation Brands in the fourth quarter valued at approximately $26,000. Stance Capital LLC acquired a new position in shares of Constellation Brands in the 3rd quarter valued at $26,000. Strive Financial Group LLC acquired a new position in shares of Constellation Brands in the 4th quarter valued at $27,000. Elyxium Wealth LLC bought a new stake in shares of Constellation Brands in the 4th quarter valued at $33,000. Finally, Root Financial Partners LLC increased its position in shares of Constellation Brands by 231.3% in the 1st quarter. Root Financial Partners LLC now owns 222 shares of the company’s stock valued at $33,000 after buying an additional 155 shares in the last quarter. 77.34% of the stock is currently owned by institutional investors and hedge funds.

Constellation Brands Stock Down 0.7%

Shares of NYSE STZ opened at $130.55 on Thursday. The stock has a market cap of $22.29 billion, a PE ratio of 12.46, a PEG ratio of 4.09 and a beta of 0.40. The business has a fifty day moving average of $136.68 and a two-hundred day moving average of $148.20. Constellation Brands has a 52-week low of $126.45 and a 52-week high of $174.32. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.48 and a current ratio of 0.91.

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

Constellation Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Thursday, July 30th will be issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Thursday, July 30th. Constellation Brands’s payout ratio is currently 39.31%.

About Constellation Brands

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.