JPMorgan Chase & Co. Issues Positive Forecast for Constellation Brands (NYSE:STZ) Stock Price

Constellation Brands (NYSE:STZGet Free Report) had its target price boosted by equities researchers at JPMorgan Chase & Co. from $155.00 to $163.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 7.87% from the stock’s previous close.

A number of other equities research analysts also recently commented on STZ. Deutsche Bank Aktiengesellschaft cut their price objective on Constellation Brands from $162.00 to $154.00 and set a “hold” rating for the company in a research report on Monday. UBS Group increased their price target on Constellation Brands from $168.00 to $176.00 and gave the company a “buy” rating in a research report on Wednesday. Citigroup upgraded Constellation Brands from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $155.00 to $175.00 in a report on Wednesday, March 18th. Royal Bank Of Canada reissued an “outperform” rating on shares of Constellation Brands in a research report on Wednesday, March 18th. Finally, Wells Fargo & Company set a $165.00 price target on shares of Constellation Brands in a report on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $178.36.

View Our Latest Stock Report on Constellation Brands

Constellation Brands Price Performance

NYSE:STZ traded up $1.11 during mid-day trading on Wednesday, reaching $151.11. 2,467,700 shares of the stock were exchanged, compared to its average volume of 2,373,218. Constellation Brands has a 1-year low of $126.45 and a 1-year high of $196.91. The company has a current ratio of 1.34, a quick ratio of 0.70 and a debt-to-equity ratio of 1.29. The firm has a market capitalization of $26.20 billion, a PE ratio of 23.84, a PEG ratio of 0.42 and a beta of 1.75. The business has a fifty day moving average price of $155.40 and a 200 day moving average price of $144.56.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in STZ. Choreo LLC raised its holdings in shares of Constellation Brands by 2.1% during the fourth quarter. Choreo LLC now owns 3,116 shares of the company’s stock worth $437,000 after acquiring an additional 63 shares in the last quarter. HM Payson & Co. grew its stake in Constellation Brands by 10.0% in the fourth quarter. HM Payson & Co. now owns 701 shares of the company’s stock valued at $97,000 after purchasing an additional 64 shares in the last quarter. Clearstead Trust LLC grew its stake in Constellation Brands by 14.2% in the fourth quarter. Clearstead Trust LLC now owns 548 shares of the company’s stock valued at $76,000 after purchasing an additional 68 shares in the last quarter. Johnson Financial Group Inc. increased its position in Constellation Brands by 24.9% in the 4th quarter. Johnson Financial Group Inc. now owns 346 shares of the company’s stock worth $48,000 after purchasing an additional 69 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in shares of Constellation Brands by 5.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,338 shares of the company’s stock worth $188,000 after purchasing an additional 74 shares in the last quarter. 77.34% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Constellation Brands

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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.

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Analyst Recommendations for Constellation Brands (NYSE:STZ)

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