Constellation Brands (NYSE:STZ) Given Media Sentiment Score of 0.07

News articles about Constellation Brands (NYSE:STZ) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Constellation Brands earned a news impact score of 0.07 on Accern’s scale. Accern also gave media stories about the company an impact score of 47.406252893431 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news stories that may have effected Accern’s rankings:

STZ has been the topic of a number of research analyst reports. Royal Bank of Canada restated a “buy” rating and issued a $226.00 price target on shares of Constellation Brands in a research report on Sunday, November 12th. Zacks Investment Research raised shares of Constellation Brands from a “hold” rating to a “buy” rating and set a $249.00 price objective for the company in a research note on Monday, December 18th. Deutsche Bank assumed coverage on shares of Constellation Brands in a research note on Wednesday, December 13th. They issued a “buy” rating and a $244.00 price objective for the company. SunTrust Banks reaffirmed a “buy” rating and issued a $230.00 price objective on shares of Constellation Brands in a research note on Friday, October 6th. Finally, Morgan Stanley lifted their target price on shares of Constellation Brands from $218.00 to $245.00 and gave the company an “overweight” rating in a research note on Friday, October 6th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. Constellation Brands has an average rating of “Buy” and a consensus target price of $229.00.

Constellation Brands (NYSE:STZ) traded up $0.24 during trading hours on Tuesday, hitting $217.76. 2,201,600 shares of the stock traded hands, compared to its average volume of 3,631,420. Constellation Brands has a one year low of $146.99 and a one year high of $229.50. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.54 and a current ratio of 1.40. The company has a market cap of $42,660.00, a P/E ratio of 26.46, a price-to-earnings-growth ratio of 1.34 and a beta of 0.08.

Constellation Brands (NYSE:STZ) last released its quarterly earnings results on Friday, January 5th. The company reported $2.00 EPS for the quarter, beating the Zacks’ consensus estimate of $1.87 by $0.13. Constellation Brands had a net margin of 22.55% and a return on equity of 22.04%. The firm had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period in the previous year, the business earned $1.96 earnings per share. research analysts forecast that Constellation Brands will post 8.53 EPS for the current fiscal year.

Constellation Brands announced that its Board of Directors has approved a stock buyback plan on Friday, January 5th that permits the company to repurchase $3.00 billion in shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 23rd. Investors of record on Friday, February 9th will be paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date is Thursday, February 8th. Constellation Brands’s dividend payout ratio (DPR) is 11.30%.

In other Constellation Brands news, VP Thomas J. Mullin sold 18,227 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The shares were sold at an average price of $217.01, for a total value of $3,955,441.27. Following the completion of the sale, the vice president now owns 72,924 shares of the company’s stock, valued at $15,825,237.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 15.59% of the stock is currently owned by corporate insiders.

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Constellation Brands Company Profile

Constellation Brands, Inc is an international beverage alcohol company. The Company is a producer and marketer of beer, wine and spirits with operations in the United States, Canada, Mexico, New Zealand and Italy. Its segments include Beer, Wine and Spirits, and Corporate Operations and Other. It is a multi-category supplier (beer, wine and spirits) of beverage alcohol in the United States.

Insider Buying and Selling by Quarter for Constellation Brands (NYSE:STZ)

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