Barclays Increases Constellation Brands (NYSE:STZ) Price Target to $151.00

Constellation Brands (NYSE:STZGet Free Report) had its target price lifted by Barclays from $148.00 to $151.00 in a research report issued on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Barclays‘s price objective suggests a potential downside of 0.24% from the stock’s current price.

Several other brokerages have also issued reports on STZ. Sanford C. Bernstein increased their price objective on Constellation Brands from $195.00 to $197.00 and gave the stock an “outperform” rating in a report on Friday, January 9th. Weiss Ratings upgraded Constellation Brands from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. upped their price target on Constellation Brands from $155.00 to $163.00 and gave the company a “neutral” rating in a report on Wednesday. Wells Fargo & Company set a $165.00 price objective on shares of Constellation Brands in a report on Thursday, January 8th. Finally, Citigroup raised shares of Constellation Brands from a “neutral” rating to a “buy” rating and upped their target price for the company from $155.00 to $175.00 in a research note on Wednesday, March 18th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $178.50.

Check Out Our Latest Analysis on STZ

Constellation Brands Trading Up 0.2%

NYSE STZ opened at $151.36 on Thursday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.70 and a current ratio of 1.34. Constellation Brands has a one year low of $126.45 and a one year high of $196.91. The company has a 50-day simple moving average of $155.15 and a 200-day simple moving average of $144.61. The firm has a market capitalization of $26.25 billion, a PE ratio of 23.76, a price-to-earnings-growth ratio of 0.42 and a beta of 0.44.

Constellation Brands (NYSE:STZGet Free Report) last issued its earnings results on Wednesday, January 7th. The company reported $3.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.63 by $0.43. Constellation Brands had a net margin of 11.08% and a return on equity of 29.15%. The firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.17 billion. During the same quarter last year, the company posted $3.25 earnings per share. Constellation Brands’s revenue was down 9.8% on a year-over-year basis. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. On average, equities analysts forecast that Constellation Brands will post 13.5 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Brighton Jones LLC lifted its holdings in Constellation Brands by 23.0% during the 4th quarter. Brighton Jones LLC now owns 1,001 shares of the company’s stock worth $221,000 after purchasing an additional 187 shares during the last quarter. Woodline Partners LP acquired a new stake in shares of Constellation Brands in the 1st quarter valued at approximately $2,409,000. Schroder Investment Management Group acquired a new stake in Constellation Brands during the 2nd quarter worth approximately $894,000. Twin Peaks Wealth Advisors LLC bought a new stake in Constellation Brands during the 2nd quarter worth approximately $49,000. Finally, CW Advisors LLC raised its stake in shares of Constellation Brands by 1.0% during the second quarter. CW Advisors LLC now owns 11,054 shares of the company’s stock valued at $1,798,000 after acquiring an additional 108 shares during the last quarter. 77.34% of the stock is owned by institutional investors.

More Constellation Brands News

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

Constellation Brands Company Profile

(Get Free Report)

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.

Read More

Analyst Recommendations for Constellation Brands (NYSE:STZ)

Receive News & Ratings for Constellation Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Constellation Brands and related companies with MarketBeat.com's FREE daily email newsletter.