Constellation Brands (NYSE:STZ) Sets New 12-Month Low – Time to Sell?

Constellation Brands Inc (NYSE:STZ)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as $144.58 and last traded at $145.10, with a volume of 662578 shares trading hands. The stock had previously closed at $148.43.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. BNP Paribas Exane lowered Constellation Brands from a “neutral” rating to an “underperform” rating and set a $123.00 price objective for the company. in a report on Wednesday, September 3rd. BNP Paribas lowered Constellation Brands from a “hold” rating to a “strong sell” rating in a report on Wednesday, September 3rd. Bank of America cut their target price on Constellation Brands from $150.00 to $142.00 and set an “underperform” rating for the company in a research report on Wednesday, September 3rd. Barclays set a $202.00 target price on Constellation Brands and gave the stock an “overweight” rating in a research report on Thursday, June 26th. Finally, Wall Street Zen upgraded Constellation Brands from a “sell” rating to a “hold” rating in a research report on Tuesday, May 20th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $194.36.

Constellation Brands Price Performance

The business has a 50-day moving average price of $167.18 and a 200 day moving average price of $175.28. The company has a market cap of $25.67 billion, a price-to-earnings ratio of -60.85, a P/E/G ratio of 0.45 and a beta of 0.67. The company has a current ratio of 1.07, a quick ratio of 0.68 and a debt-to-equity ratio of 1.30.

Constellation Brands (NYSE:STZ) last announced its quarterly earnings data on Tuesday, July 1st. The company reported $3.22 EPS for the quarter, missing analysts’ consensus estimates of $3.45 by ($0.23). The company had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.57 billion. Constellation Brands had a negative net margin of 4.11% and a positive return on equity of 31.41%. Constellation Brands’s revenue was down 5.5% on a year-over-year basis. During the same quarter last year, the company posted $3.57 EPS. Constellation Brands has set its FY 2026 guidance at 12.600-12.900 EPS. As a group, research analysts expect that Constellation Brands Inc will post 13.5 earnings per share for the current fiscal year.

Constellation Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Wednesday, July 30th were issued a $1.02 dividend. The ex-dividend date was Wednesday, July 30th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.8%. Constellation Brands’s dividend payout ratio is presently -170.71%.

Insider Activity

In other news, EVP James O. Bourdeau sold 821 shares of the stock in a transaction on Monday, July 21st. The stock was sold at an average price of $169.00, for a total value of $138,749.00. Following the completion of the sale, the executive vice president owned 9,438 shares in the company, valued at $1,595,022. This represents a 8.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 12.45% of the stock is owned by insiders.

Hedge Funds Weigh In On Constellation Brands

Hedge funds have recently modified their holdings of the stock. Brighton Jones LLC increased its position in Constellation Brands by 23.0% during the fourth quarter. Brighton Jones LLC now owns 1,001 shares of the company’s stock worth $221,000 after buying an additional 187 shares during the last quarter. Bank Pictet & Cie Europe AG increased its position in Constellation Brands by 39.7% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 6,096 shares of the company’s stock worth $1,347,000 after buying an additional 1,733 shares during the last quarter. First Manhattan CO. LLC. increased its position in Constellation Brands by 1.3% during the fourth quarter. First Manhattan CO. LLC. now owns 17,426 shares of the company’s stock worth $3,851,000 after buying an additional 232 shares during the last quarter. Focus Partners Wealth increased its position in Constellation Brands by 485.1% during the fourth quarter. Focus Partners Wealth now owns 112,516 shares of the company’s stock worth $24,866,000 after buying an additional 93,285 shares during the last quarter. Finally, Graham Capital Management L.P. acquired a new position in Constellation Brands during the fourth quarter worth $655,000. 77.34% of the stock is owned by institutional investors and hedge funds.

Constellation Brands Company Profile

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.