Constellation Brands Inc (NYSE: STZ) has a higher price-to-earnings ratio of 31.21x compared to its average ratio. STZ has 36-month beta value of 0.94. Analysts have mixed views on the stock, with 8 analysts rating it as a “buy,” 5 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for STZ is 168.72M, and currently, short sellers hold a 1.53% ratio of that float. The average trading volume of STZ on April 10, 2024 was 1.14M shares.
STZ) stock’s latest price update
Constellation Brands Inc (NYSE: STZ) has experienced a rise in its stock price by 0.38 compared to its previous closing price of 262.97. However, the company has seen a fall of -1.11% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-10 that The Beverages – Alcohol industry has been in troubled waters due to adverse trends like inflation, higher input and packaging costs, and elevated marketing expenses. Persistent innovation, premiumization and innovation place players like BUD, DEO, STZ, BF.B and TAP in a favorable spot.
STZ’s Market Performance
STZ’s stock has fallen by -1.11% in the past week, with a monthly rise of 0.76% and a quarterly rise of 4.12%. The volatility ratio for the week is 1.41% while the volatility levels for the last 30 days are 1.45% for Constellation Brands Inc The simple moving average for the past 20 days is -1.10% for STZ’s stock, with a 5.18% simple moving average for the past 200 days.
Analysts’ Opinion of STZ
Many brokerage firms have already submitted their reports for STZ stocks, with Piper Sandler repeating the rating for STZ by listing it as a “Overweight.” The predicted price for STZ in the upcoming period, according to Piper Sandler is $300 based on the research report published on March 22, 2024 of the current year 2024.
Jefferies gave a rating of “Buy” to STZ, setting the target price at $292 in the report published on November 13th of the previous year.
STZ Trading at 3.29% from the 50-Day Moving Average
After a stumble in the market that brought STZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.54% of loss for the given period.
Volatility was left at 1.45%, however, over the last 30 days, the volatility rate increased by 1.41%, as shares surge +0.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.18% upper at present.
During the last 5 trading sessions, STZ fell by -1.18%, which changed the moving average for the period of 200-days by +8.84% in comparison to the 20-day moving average, which settled at $267.00. In addition, Constellation Brands Inc saw 9.19% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at STZ starting from Sands Family Foundation, who sale 54,461 shares at the price of $250.92 back on Jan 09 ’24. After this action, Sands Family Foundation now owns 0 shares of Constellation Brands Inc, valued at $13,665,487 using the latest closing price.
Sands Family Foundation, the Member of 10% owner group of Constellation Brands Inc, sale 354,616 shares at $250.26 during a trade that took place back on Jan 08 ’24, which means that Sands Family Foundation is holding 54,461 shares at $88,744,679 based on the most recent closing price.
Stock Fundamentals for STZ
Current profitability levels for the company are sitting at:
- 0.31 for the present operating margin
- 0.5 for the gross margin
The net margin for Constellation Brands Inc stands at 0.16. The total capital return value is set at 0.14. Equity return is now at value 17.45, with 6.29 for asset returns.
Based on Constellation Brands Inc (STZ), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 1.24. The interest coverage ratio of the stock is 6.68.
Currently, EBITDA for the company is 3.23 billion with net debt to EBITDA at 3.38. When we switch over and look at the enterprise to sales, we see a ratio of 6.11. The receivables turnover for the company is 10.94for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.
Conclusion
To put it simply, Constellation Brands Inc (STZ) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
