Constellation Brands (NYSE:STZ) Releases FY25 Earnings Guidance

Constellation Brands (NYSE:STZGet Free Report) updated its FY25 earnings guidance on Friday. The company provided EPS guidance of $13.40-13.80 for the period, compared to the consensus EPS estimate of $13.73.

Constellation Brands Stock Performance

Shares of STZ stock opened at $219.17 on Friday. The company has a market capitalization of $39.79 billion, a P/E ratio of 70.93, a PEG ratio of 1.69 and a beta of 1.75. Constellation Brands has a fifty-two week low of $217.47 and a fifty-two week high of $274.87. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.53 and a current ratio of 1.25. The stock has a 50 day moving average price of $232.90 and a two-hundred day moving average price of $242.14.

Constellation Brands (NYSE:STZGet Free Report) last posted its quarterly earnings results on Friday, January 10th. The company reported $3.25 EPS for the quarter, missing analysts’ consensus estimates of $3.33 by ($0.08). The firm had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.53 billion. Constellation Brands had a net margin of 5.29% and a return on equity of 25.34%. The company’s quarterly revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.19 earnings per share. Analysts expect that Constellation Brands will post 13.57 earnings per share for the current year.

Constellation Brands Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be paid a $1.01 dividend. This represents a $4.04 annualized dividend and a dividend yield of 1.84%. Constellation Brands’s payout ratio is presently 130.74%.

Analyst Upgrades and Downgrades

A number of research firms have commented on STZ. Wells Fargo & Company lowered their price target on Constellation Brands from $295.00 to $275.00 and set an “overweight” rating for the company in a research report on Tuesday. TD Cowen dropped their price target on Constellation Brands from $270.00 to $260.00 and set a “hold” rating for the company in a research note on Wednesday. Royal Bank of Canada reissued an “outperform” rating and set a $308.00 price objective on shares of Constellation Brands in a research report on Tuesday. JPMorgan Chase & Co. dropped their target price on shares of Constellation Brands from $293.00 to $262.00 and set an “overweight” rating for the company in a research report on Tuesday. Finally, Bank of America reiterated a “neutral” rating and set a $255.00 price target (down previously from $300.00) on shares of Constellation Brands in a research report on Monday, October 7th. Five equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $284.75.

Check Out Our Latest Stock Analysis on Constellation Brands

Insider Buying and Selling

In other news, EVP Samuel J. Glaetzer sold 1,510 shares of the company’s stock in a transaction on Monday, October 14th. The stock was sold at an average price of $245.57, for a total transaction of $370,810.70. Following the transaction, the executive vice president now directly owns 4,970 shares of the company’s stock, valued at $1,220,482.90. This represents a 23.30 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Wildstar Partners Llc sold 660 shares of Constellation Brands stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $241.00, for a total value of $159,060.00. Following the completion of the sale, the insider now owns 1,736,884 shares of the company’s stock, valued at $418,589,044. The trade was a 0.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 189,956 shares of company stock worth $46,058,091 in the last quarter. Corporate insiders own 12.19% of the company’s stock.

Constellation Brands Company Profile

(Get Free Report)

Constellation Brands, Inc, together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company provides beer primarily under the Corona Extra, Corona Familiar, Corona Hard Seltzer, Corona Light, Corona Non-Alcoholic, Corona Premier, Corona Refresca, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Oro, Victoria, Vicky Chamoy, and Pacifico brands.

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Earnings History and Estimates for Constellation Brands (NYSE:STZ)

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