Constellation Brands (NYSE:STZ) Receives Buy Rating from Needham & Company LLC

Constellation Brands (NYSE:STZ)‘s stock had its “buy” rating reaffirmed by stock analysts at Needham & Company LLC in a report issued on Thursday,Benzinga reports. They currently have a $185.00 price target on the stock. Needham & Company LLC’s target price would indicate a potential upside of 35.87% from the company’s current price.

A number of other equities analysts also recently issued reports on STZ. Weiss Ratings restated a “hold (c-)” rating on shares of Constellation Brands in a research report on Monday, May 4th. JPMorgan Chase & Co. upped their target price on Constellation Brands from $168.00 to $169.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. Morgan Stanley upped their target price on Constellation Brands from $160.00 to $183.00 and gave the company an “equal weight” rating in a report on Friday, April 10th. Barclays increased their target price on shares of Constellation Brands from $151.00 to $170.00 and gave the company an “equal weight” rating in a research report on Friday, April 10th. Finally, BMO Capital Markets set a $174.00 price target on shares of Constellation Brands in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $167.89.

Constellation Brands Stock Performance

NYSE STZ opened at $136.16 on Thursday. The company has a market capitalization of $23.45 billion, a price-to-earnings ratio of 12.99, a PEG ratio of 4.10 and a beta of 0.39. Constellation Brands has a twelve month low of $126.45 and a twelve month high of $178.13. The stock has a fifty day simple moving average of $145.47 and a 200 day simple moving average of $150.16. The company has a quick ratio of 0.55, a current ratio of 1.08 and a debt-to-equity ratio of 1.16.

Constellation Brands (NYSE:STZ) last announced 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 return on equity of 25.97% and a net margin of 18.87%.The firm’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.22 earnings per share. Constellation Brands has set its FY 2027 guidance at 11.200-11.900 EPS. Sell-side analysts expect that Constellation Brands will post 11.78 EPS for the current year.

Insider Activity

In related news, EVP James O. Bourdeau sold 4,407 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $143.24, for a total transaction of $631,258.68. Following the sale, the executive vice president owned 9,109 shares in the company, valued at $1,304,773.16. This represents a 32.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 12.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Constellation Brands

A number of hedge funds have recently added to or reduced their stakes in the business. MV Capital Management Inc. acquired a new position in Constellation Brands in the fourth quarter valued at approximately $26,000. Stance Capital LLC acquired a new stake in shares of Constellation Brands during the 3rd quarter worth approximately $26,000. Strive Financial Group LLC acquired a new stake in shares of Constellation Brands during the 4th quarter worth approximately $27,000. GoalVest Advisory LLC acquired a new stake in shares of Constellation Brands during the 4th quarter worth approximately $28,000. Finally, Cedar Mountain Advisors LLC bought a new stake in shares of Constellation Brands in the 1st quarter valued at $33,000. 77.34% of the stock is currently owned by institutional investors.

Key Stories Impacting Constellation Brands

Here are the key news stories impacting Constellation Brands this week:

• Positive Sentiment: Constellation Brands beat quarterly earnings estimates and revenue also came in above Wall Street forecasts, helped by solid beer performance and pricing gains. Constellation Brands’ Q1 Earnings Beat, Sales Top on Beer Strength
• Positive Sentiment: The company raised its FY2027 EPS guidance, signaling management confidence in profitability despite a tougher sales backdrop. Constellation Brands Reports First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: Constellation Brands declared a $1.03 quarterly dividend, reinforcing cash return support for shareholders. Constellation Brands declares $1.03 dividend
• Positive Sentiment: Piper Sandler reaffirmed a neutral rating but set a $160 price target, implying upside from recent trading levels. Benzinga note on Piper Sandler rating

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.