Constellation Brands Inc (NYSE:STZ) Stock Has Consensus Target Price of $153.09 According to Analysts

Shares of Constellation Brands Inc (NYSE:STZ) have received a consensus rating of “Hold” from the twenty-four research firms that are presently covering the stock, MarketBeat reports. Five equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and twelve have issued a buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $153.09.

Several brokerages have recently commented on STZ. Jefferies Financial Group decreased their target price on Constellation Brands from $147.00 to $135.00 and set a “hold” rating for the company in a research report on Monday, September 14th. Roth Capital reissued a “buy” rating and set a $209.00 price target on shares of Constellation Brands in a research report on Thursday, July 2nd. Freedom Broker raised Constellation Brands from a “hold” rating to a “buy” rating and lowered their target price for the company from $173.00 to $158.00 in a research note on Thursday, October 8th. UBS Group dropped their target price on Constellation Brands from $145.00 to $144.00 and set a “buy” rating on the stock in a report on Thursday, October 8th. Finally, The Goldman Sachs Group set a $155.00 target price on Constellation Brands in a report on Wednesday, October 7th.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. HB Wealth Management LLC grew its holdings in shares of Constellation Brands by 0.7% during the 1st quarter. HB Wealth Management LLC now owns 10,795 shares of the company’s stock valued at $1,619,000 after acquiring an additional 72 shares in the last quarter. Chicago Partners Investment Group LLC increased its stake in shares of Constellation Brands by 4.3% in the first quarter. Chicago Partners Investment Group LLC now owns 1,888 shares of the company’s stock worth $296,000 after acquiring an additional 77 shares during the last quarter. Rexford Capital Inc. increased its stake in shares of Constellation Brands by 4.0% in the first quarter. Rexford Capital Inc. now owns 2,072 shares of the company’s stock worth $311,000 after acquiring an additional 79 shares during the last quarter. Keybank National Association OH boosted its position in Constellation Brands by 4.0% during the first quarter. Keybank National Association OH now owns 2,338 shares of the company’s stock valued at $351,000 after purchasing an additional 90 shares during the last quarter. Finally, Banque Cantonale Vaudoise boosted its position in Constellation Brands by 3.6% during the first quarter. Banque Cantonale Vaudoise now owns 2,643 shares of the company’s stock valued at $397,000 after purchasing an additional 93 shares during the last quarter. Institutional investors and hedge funds own 77.34% of the company’s stock.

Constellation Brands Stock Up 1.7%

STZ stock opened at $129.61 on Tuesday. Constellation Brands has a 52-week low of $110.60 and a 52-week high of $168.60. The company’s 50 day simple moving average is $125.44 and its 200-day simple moving average is $137.34. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.00 and a quick ratio of 0.53. The firm has a market capitalization of $22.13 billion, a P/E ratio of 11.62, a P/E/G ratio of 2.61 and a beta of 1.75.

Constellation Brands (NYSE:STZ) last posted its quarterly earnings data on Tuesday, October 6th. The company reported $3.74 earnings per share for the quarter, topping the consensus estimate of $3.62 by $0.12. Constellation Brands had a net margin of 19.57% and a return on equity of 24.75%. The firm had revenue of $2.63 billion for the quarter, compared to analysts’ expectations of $2.54 billion. During the same period in the previous year, the company posted $3.63 EPS. The company’s quarterly revenue was up 6.1% compared to the same quarter last year. Constellation Brands has set its FY 2027 guidance at 11.200-11.900 EPS. As a group, equities research analysts anticipate that Constellation Brands will post 11.85 EPS for the current year.

Constellation Brands Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 30th will be issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Friday, October 30th. Constellation Brands’s dividend payout ratio (DPR) is currently 36.95%.

Constellation Brands Company Profile

Constellation Brands, Inc is a beverage alcohol company that develops, markets and distributes beer, wine and spirits. Its portfolio includes well-known beer brands such as Modelo Especial, Corona Extra, Corona Light and Pacifico, along with wine brands including Robert Mondavi, Kim Crawford, Meiomi, The Prisoner Wine Company and Ruffino.

The company also offers spirits through brands such as Casa Noble tequila and High West whiskey. Constellation’s products are sold through retailers, distributors, restaurants and other on-premise locations, with a primary focus on the United States.