In last trading session, Constellation Brands Inc. (NYSE:STZ) saw 0.79 million shares changing hands with its beta currently measuring 1.18. Company’s recent per share price level of $248.64 trading at $1.61 or 0.65% at ring of the bell on the day assigns it a market valuation of $46.44B. That closing price of STZ’s stock is at a discount of -3.76% from its 52-week high price of $258.00 and is indicating a premium of 16.61% from its 52-week low price of $207.35. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.15 million shares which gives us an average trading volume of 1.02 million if we extend that period to 3-months.
For Constellation Brands Inc. (STZ), analysts’ consensus is at an average recommendation of an Overweight while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 25 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 8 suggested the stock as a Hold whereas 16 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $2.76 in the current quarter.
Constellation Brands Inc. (NYSE:STZ) trade information
Upright in the green during last session for gaining 0.65%, in the last five days STZ remained trading in the green while hitting it’s week-highest on Tuesday, 01/11/22 when the stock touched $248.64 price level, adding 2.01% to its value on the day. Constellation Brands Inc.’s shares saw a change of -0.93% in year-to-date performance and have moved 1.00% in past 5-day. Constellation Brands Inc. (NYSE:STZ) showed a performance of 3.15% in past 30-days. Number of shares sold short was 1.8 million shares which calculate 1.56 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $273.23 to the stock, which implies a rise of 9.0% to its current value. Analysts have been projecting $213.00 as a low price target for the stock while placing it at a high target of $310.00. It follows that stock’s current price would drop -24.68% in reaching the projected high whereas dropping to the targeted low would mean a gain of 14.33% for stock’s current value.
Constellation Brands Inc. (STZ) estimates and forecasts
Statistics highlight that Constellation Brands Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company added 11.99% of value to its shares in past 6 months, showing an annual growth rate of 1.40% while that of industry is 21.20. Apart from that, the company came raising its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to decrease by -10.70% in the current quarter and calculating 28.60% increase in the next quarter. This year revenue growth is estimated to rise 1.10% from the last financial year’s standing.
14 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $2.28 billion for the same. And 14 analysts are in estimates of company making revenue of $2.03 billion in the next quarter that will end on Feb 2022.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 12.00% during past 5 years. In 2022, company’s earnings growth rate is likely to be around -0.90% while estimates for its earnings growth in next 5 years are of 9.77%.
Constellation Brands Inc. is more likely to be releasing its next quarterly report between April 06 and April 11 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 1.22%, the share has a forward dividend of 3.04 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 1.33%.
Constellation Brands Inc. (NYSE:STZ)’s Major holders
Insiders are in possession of 4.53% of company’s total shares while institution are holding 82.02 percent of that, with stock having share float percentage of 85.90%. Investors also watch the number of corporate investors in a company very closely, which is 82.02% institutions for Constellation Brands Inc. that are currently holding shares of the company. Vanguard Group, Inc. (The) is the top institutional holder at STZ for having 12.52 million shares of worth $2.64 billion. And as of Sep 29, 2021, it was holding 7.62% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 11.67 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 7.10% of outstanding shares, having a total worth of $2.46 billion.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 29, 2021, the former fund manager was holding 4.51 million shares of worth $951.22 million or 2.75% of the total outstanding shares. The later fund manager was in possession of 3.53 million shares on Sep 29, 2021, making its stake of worth around $744.31 million in the company or a holder of 2.15% of company’s stock.