Constellation Brands (NYSE:STZ – Get Free Report) had its price objective increased by stock analysts at UBS Group from $168.00 to $176.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the stock. UBS Group’s price objective points to a potential upside of 16.02% from the company’s current price.
Other analysts also recently issued reports about the company. Needham & Company LLC reissued a “buy” rating and issued a $180.00 target price on shares of Constellation Brands in a report on Tuesday, January 6th. BMO Capital Markets restated an “outperform” rating and set a $190.00 price target on shares of Constellation Brands in a research note on Friday, January 9th. Wells Fargo & Company set a $165.00 price target on Constellation Brands in a research report on Thursday, January 8th. Citigroup upgraded Constellation Brands from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $155.00 to $175.00 in a research note on Wednesday, March 18th. Finally, Weiss Ratings raised Constellation Brands from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $177.91.
Constellation Brands Stock Up 1.1%
Constellation Brands (NYSE:STZ – Get Free Report) last released its quarterly earnings data on Wednesday, January 7th. The company reported $3.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $0.43. The company had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.17 billion. Constellation Brands had a net margin of 11.08% and a return on equity of 29.15%. Constellation Brands’s revenue for the quarter was down 9.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.25 earnings per share. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. As a group, equities analysts anticipate that Constellation Brands will post 13.5 earnings per share for the current fiscal year.
Institutional Trading of Constellation Brands
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MV Capital Management Inc. acquired a new stake in Constellation Brands during the 4th quarter worth approximately $26,000. Root Financial Partners LLC purchased a new position in Constellation Brands during the third quarter worth about $26,000. Stance Capital LLC purchased a new position in shares of Constellation Brands during the 3rd quarter worth approximately $26,000. Strive Financial Group LLC purchased a new position in Constellation Brands in the fourth quarter worth $27,000. Finally, GoalVest Advisory LLC acquired a new stake in Constellation Brands in the fourth quarter valued at $28,000. 77.34% of the stock is owned by hedge funds and other institutional investors.
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.
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