Constellation Brands (NYSE:STZ – Get Free Report) had its price target decreased by Deutsche Bank Aktiengesellschaft from $155.00 to $150.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 8.27% from the stock’s previous close.
Other analysts also recently issued reports about the stock. Evercore set a $175.00 target price on shares of Constellation Brands and gave the stock an “outperform” rating in a report on Friday, April 10th. Wells Fargo & Company lowered their target price on shares of Constellation Brands from $185.00 to $170.00 and set an “overweight” rating on the stock in a research report on Monday. Sanford C. Bernstein restated an “outperform” rating on shares of Constellation Brands in a research note on Wednesday. Roth Mkm reissued a “buy” rating on shares of Constellation Brands in a research note on Thursday, April 9th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Constellation Brands from $168.00 to $169.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $167.63.
Read Our Latest Research Report on Constellation Brands
Constellation Brands Stock Performance
Constellation Brands (NYSE:STZ – Get Free Report) last released its earnings results on Tuesday, June 30th. The company reported $3.43 EPS for the quarter, missing the consensus estimate of $3.69 by ($0.26). The company had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.39 billion. Constellation Brands had a net margin of 18.87% and a return on equity of 25.97%. The firm’s quarterly revenue was down 3.3% on a year-over-year basis. During the same period in the previous year, the business posted $3.22 EPS. Constellation Brands has set its FY 2027 guidance at 11.200-11.900 EPS. On average, research analysts expect that Constellation Brands will post 11.78 EPS for the current fiscal year.
Insider Activity at Constellation Brands
In related news, EVP James O. Bourdeau sold 4,407 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $143.24, for a total transaction of $631,258.68. Following the completion of the sale, the executive vice president directly owned 9,109 shares of the company’s stock, valued at $1,304,773.16. The trade was a 32.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 12.20% of the stock is currently owned by corporate insiders.
Institutional Trading of Constellation Brands
Institutional investors and hedge funds have recently made changes to their positions in the business. MV Capital Management Inc. bought a new stake in Constellation Brands in the fourth quarter valued at about $26,000. Stance Capital LLC bought a new position in Constellation Brands during the third quarter worth about $26,000. Strive Financial Group LLC acquired a new position in shares of Constellation Brands during the 4th quarter worth about $27,000. GoalVest Advisory LLC bought a new stake in shares of Constellation Brands in the 4th quarter valued at about $28,000. Finally, Cedar Mountain Advisors LLC acquired a new position in Constellation Brands during the first quarter valued at approximately $33,000. Institutional investors own 77.34% of the company’s stock.
Constellation Brands News Summary
Here are the key news stories impacting Constellation Brands this week:
- Positive Sentiment: Constellation Brands beat Q1 earnings and revenue estimates, with beer strength and pricing gains helping offset softer sales trends. Constellation Brands (STZ) Q1 Earnings and Revenues Surpass Estimates
- Positive Sentiment: The company reaffirmed its fiscal 2027 guidance, which reassured investors that management still expects the business to perform despite a tougher consumer backdrop. Constellation Brands Analysts Slash Their Forecasts After Q1 Results
- Neutral Sentiment: Constellation Brands declared a quarterly dividend of $1.03 per share, keeping income investors engaged but not changing the operating outlook. Constellation Brands declares $1.03 dividend
- Neutral Sentiment: Management also pointed to softer volume trends and pressure from higher gas prices and inflation, suggesting consumer demand could remain uneven. Constellation Brands beats quarterly profit estimates on beer demand
- Negative Sentiment: Analysts at Barclays and Morgan Stanley cut price targets, reflecting more cautious views on valuation and near-term upside. Constellation Brands analyst price target changes
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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