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

Constellation Brands Inc (NYSE:STZ) has been given a consensus rating of “Hold” by the twenty-two analysts that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and eleven have issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $167.5263.

A number of analysts recently weighed in on STZ shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Constellation Brands in a research report on Friday, July 31st. Freedom Capital downgraded Constellation Brands from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Piper Sandler restated a “neutral” rating and issued a $160.00 price target on shares of Constellation Brands in a report on Wednesday, July 1st. Royal Bank Of Canada restated an “outperform” rating and set a $185.00 price objective on shares of Constellation Brands in a research note on Thursday, July 2nd. Finally, Needham & Company LLC reissued a “buy” rating and set a $185.00 price target on shares of Constellation Brands in a research report on Thursday, July 2nd.

Constellation Brands Trading Down 0.1%

STZ opened at $130.57 on Monday. The stock has a 50-day moving average of $134.30 and a 200 day moving average of $145.03. The company has a current ratio of 0.91, a quick ratio of 0.48 and a debt-to-equity ratio of 1.06. Constellation Brands has a 12 month low of $126.45 and a 12 month high of $168.60. The firm has a market cap of $22.30 billion, a P/E ratio of 12.46, a P/E/G ratio of 4.07 and a beta of 1.75.

Constellation Brands (NYSE:STZ) last released its quarterly 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 company had revenue of $2.43 billion for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter 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, research analysts forecast that Constellation Brands will post 11.84 EPS for the current year.

Constellation Brands Dividend Announcement

The firm 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. This represents a $4.12 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Thursday, July 30th. Constellation Brands’s dividend payout ratio is currently 39.31%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. HM Payson & Co. lifted its holdings in shares of Constellation Brands by 10.0% in the 4th quarter. HM Payson & Co. now owns 701 shares of the company’s stock worth $97,000 after acquiring an additional 64 shares during the last quarter. Clearstead Trust LLC grew its stake in Constellation Brands by 14.2% during the 4th quarter. Clearstead Trust LLC now owns 548 shares of the company’s stock worth $76,000 after purchasing an additional 68 shares in the last quarter. Johnson Financial Group Inc. increased its stake in shares of Constellation Brands by 24.9% during the fourth quarter. Johnson Financial Group Inc. now owns 346 shares of the company’s stock worth $48,000 after buying an additional 69 shares during the period. HB Wealth Management LLC increased its position in shares of Constellation Brands by 0.7% in the 1st quarter. HB Wealth Management LLC now owns 10,795 shares of the company’s stock valued at $1,619,000 after purchasing an additional 72 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in Constellation Brands by 5.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,338 shares of the company’s stock valued at $188,000 after buying an additional 74 shares in the last quarter. Hedge funds and other institutional investors own 77.34% of the company’s stock.

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.