Roth Capital Has Negative Outlook for STZ FY2025 Earnings

Constellation Brands, Inc. (NYSE:STZ - Free Report) - Analysts at Roth Capital reduced their FY2025 EPS estimates for shares of Constellation Brands in a research note issued to investors on Thursday, January 16th. Roth Capital analyst W. Kirk now expects that the company will earn $13.45 per share for the year, down from their previous forecast of $13.73. Roth Capital has a "Buy" rating and a $284.00 price target on the stock. The consensus estimate for Constellation Brands' current full-year earnings is $13.72 per share.

A number of other equities research analysts have also weighed in on STZ. Royal Bank of Canada reissued an "outperform" rating and set a $308.00 target price on shares of Constellation Brands in a report on Tuesday, January 7th. Argus lowered shares of Constellation Brands from a "buy" rating to a "hold" rating in a report on Tuesday, January 14th. Barclays decreased their price objective on Constellation Brands from $282.00 to $214.00 and set an "overweight" rating for the company in a report on Tuesday, January 14th. Bank of America reaffirmed a "neutral" rating and set a $255.00 target price (down from $300.00) on shares of Constellation Brands in a report on Monday, October 7th. Finally, TD Cowen decreased 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, January 8th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, Constellation Brands presently has a consensus rating of "Moderate Buy" and a consensus target price of $259.05.

Constellation Brands Trading Down 0.3 %

Shares of STZ stock traded down $0.52 during mid-day trading on Monday, reaching $184.05. 2,839,837 shares of the stock traded hands, compared to its average volume of 1,501,511. The company has a market cap of $33.42 billion, a price-to-earnings ratio of 49.48, a price-to-earnings-growth ratio of 1.28 and a beta of 0.91. The company has a quick ratio of 0.53, a current ratio of 1.25 and a debt-to-equity ratio of 1.31. The stock's fifty day simple moving average is $226.75 and its two-hundred day simple moving average is $238.74. Constellation Brands has a 1-year low of $176.51 and a 1-year high of $274.87.

Constellation Brands (NYSE:STZ - Get Free Report) last announced 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 during 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 firm's revenue was down .3% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.19 earnings per share.

Constellation Brands Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be given a dividend of $1.01 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $4.04 annualized dividend and a yield of 2.20%. Constellation Brands's payout ratio is currently 108.60%.

Insider Buying and Selling

In other Constellation Brands news, major shareholder Wildstar Partners Llc sold 660 shares of the stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $241.00, for a total transaction of $159,060.00. Following the completion of the transaction, the insider now owns 1,736,884 shares in the company, valued at $418,589,044. This trade represents a 0.04 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP James A. Jr. Sabia sold 36,086 shares of the business's stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $242.99, for a total transaction of $8,768,537.14. Following the completion of the sale, the executive vice president now directly owns 16,042 shares in the company, valued at approximately $3,898,045.58. This trade represents a 69.23 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 69,172 shares of company stock worth $16,778,841. Insiders own 12.19% of the company's stock.

Institutional Investors Weigh In On Constellation Brands

Hedge funds and other institutional investors have recently bought and sold shares of the business. Versant Capital Management Inc raised its stake in shares of Constellation Brands by 887.5% during the 4th quarter. Versant Capital Management Inc now owns 158 shares of the company's stock valued at $35,000 after purchasing an additional 142 shares during the period. Eastern Bank bought a new position in shares of Constellation Brands in the third quarter valued at approximately $39,000. FSA Wealth Management LLC purchased a new position in Constellation Brands during the third quarter valued at approximately $42,000. Truvestments Capital LLC bought a new stake in Constellation Brands during the 3rd quarter worth approximately $60,000. Finally, Continuum Advisory LLC lifted its stake in Constellation Brands by 68.0% in the 3rd quarter. Continuum Advisory LLC now owns 252 shares of the company's stock worth $61,000 after purchasing an additional 102 shares in the last quarter. Institutional investors own 77.34% of the company's stock.

About Constellation Brands

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.