Stocks of Constellation Brands Inc (NYSE:STZ) traded higher last session on Wall Street, down -17.09% to $181.81.
STZ stock price is now -21.83% away from the 50-day moving average and -26.35% away from the 200-day moving average. The market capitalization of the company currently stands at $33.01B.
With the price target of $280, Needham recently initiated with Buy rating for Constellation Brands Inc (NYSE: STZ). On November 25, 2024, Exane BNP Paribas recently initiated its ‘Neutral’ rating on the stock quoting a target price of $261, while ‘TD Cowen’ rates the stock as ‘Hold’
In other news, WildStar Partners LLC, 10% Owner sold 660 shares of the company’s stock on Nov 20 ’24. The stock was sold for $159,060 at an average price of $241.00. Upon completion of the transaction, the 10% Owner now directly owns 1,736,884 shares in the company, valued at $315.78 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 20 ’24, Director SANDS RICHARD sold 660 shares of the business’s stock. A total of $159,060 was realized by selling the stock at an average price of $241.00. This leaves the insider owning 20,428,521 shares of the company worth $3.71 billion. A total of 21.28% of the company’s stock is owned by insiders.
During the past 12 months, Constellation Brands Inc has had a low of $217.47 and a high of $274.87. As of last week, the company has a debt-to-equity ratio of 1.55, a current ratio of 1.10, and a quick ratio of 0.46. According to the stock market information, the enterprise value for the company is $52192698368, which is based on a 48.68 price-to-earnings ratio, a 5.12 price-to-earnings-growth ratio, and a beta of 0.91. The fifty day moving average price for STZ is $232.586 and a two-hundred day moving average price translates $246.86235 for the stock.
The latest earnings results from Constellation Brands Inc (NYSE: STZ) was released for 2024-08-31. The net profit margin was 6.74% and return on equity was 7.94% for STZ. The company reported revenue of $2.92 billion for the quarter, compared to $2.84 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.89 percent.
