Constellation Brands Inc (NYSE:STZ) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Constellation Brands Inc (NYSE:STZGet Free Report) have been assigned an average rating of “Hold” from the twenty-three research firms that are currently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $176.9091.

Several brokerages have commented on STZ. Zacks Research raised shares of Constellation Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. Needham & Company LLC restated a “buy” rating and issued a $180.00 price objective on shares of Constellation Brands in a research report on Tuesday, January 6th. BMO Capital Markets reissued an “outperform” rating and issued a $190.00 target price on shares of Constellation Brands in a research note on Friday, January 9th. Piper Sandler dropped their price target on Constellation Brands from $155.00 to $135.00 and set a “neutral” rating on the stock in a research report on Friday, November 21st. Finally, Sanford C. Bernstein increased their target price on Constellation Brands from $195.00 to $197.00 and gave the stock an “outperform” rating in a research note on Friday, January 9th.

View Our Latest Analysis on STZ

Constellation Brands Stock Up 3.7%

Shares of Constellation Brands stock opened at $166.63 on Thursday. The business has a fifty day simple moving average of $147.31 and a 200 day simple moving average of $147.18. The stock has a market cap of $28.90 billion, a PE ratio of 26.28, a price-to-earnings-growth ratio of 0.48 and a beta of 0.44. The company has a quick ratio of 0.70, a current ratio of 1.34 and a debt-to-equity ratio of 1.29. Constellation Brands has a 12 month low of $126.45 and a 12 month high of $196.91.

Constellation Brands (NYSE:STZGet Free Report) last issued its earnings results on Wednesday, January 7th. The company reported $3.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.63 by $0.43. The firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.17 billion. Constellation Brands had a return on equity of 29.15% and a net margin of 11.08%.The company’s revenue was down 9.8% compared to the same quarter last year. During the same quarter last year, the business earned $3.25 earnings per share. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. Research analysts predict that Constellation Brands will post 13.5 EPS for the current year.

Constellation Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 12th. Investors of record on Thursday, January 29th will be given a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Thursday, January 29th. Constellation Brands’s payout ratio is currently 64.35%.

Institutional Trading of Constellation Brands

Institutional investors have recently modified their holdings of the company. Root Financial Partners LLC acquired a new position in Constellation Brands during the 3rd quarter worth approximately $26,000. Stance Capital LLC bought a new stake in shares of Constellation Brands in the third quarter worth $26,000. GoalVest Advisory LLC acquired a new position in Constellation Brands during the fourth quarter worth $28,000. Salomon & Ludwin LLC bought a new stake in Constellation Brands during the 3rd quarter worth about $30,000. Finally, Abound Wealth Management boosted its stake in shares of Constellation Brands by 341.8% during the 3rd quarter. Abound Wealth Management now owns 243 shares of the company’s stock worth $33,000 after buying an additional 188 shares during the last quarter. 77.34% of the stock is currently owned by institutional investors.

About Constellation Brands

(Get Free Report)

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.

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Analyst Recommendations for Constellation Brands (NYSE:STZ)

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