Constellation Brands (NYSE:STZ) Price Target Raised to $176.00

Constellation Brands (NYSE:STZ) had its target price boosted by equities research analysts at UBS Group from $168.00 to $176.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s target price indicates a potential upside of 16.02% from the stock’s previous close.

Several other research firms also recently weighed in on STZ. Wells Fargo & Company set a $165.00 target price on Constellation Brands in a research report on Thursday, January 8th. Weiss Ratings raised shares of Constellation Brands from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, February 5th. Royal Bank Of Canada reissued an “outperform” rating on shares of Constellation Brands in a research note on Wednesday, March 18th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Constellation Brands from $162.00 to $154.00 and set a “hold” rating for the company in a report on Monday. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $190.00 target price on shares of Constellation Brands in a report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $177.91.

Constellation Brands Trading Up 1.1%

NYSE:STZ traded up $1.69 during trading hours on Wednesday, reaching $151.69. 882,865 shares of the stock were exchanged, compared to its average volume of 2,354,005. The company has a quick ratio of 0.70, a current ratio of 1.34 and a debt-to-equity ratio of 1.29. The business has a 50-day moving average of $155.40 and a two-hundred day moving average of $144.56. Constellation Brands has a twelve month low of $126.45 and a twelve month high of $196.91. The company has a market capitalization of $26.31 billion, a price-to-earnings ratio of 23.93, a PEG ratio of 0.42 and a beta of 1.75.

Constellation Brands (NYSE:STZ) last issued its quarterly earnings data on Wednesday, January 7th. The company reported $3.06 earnings per share for the quarter, beating analysts’ consensus estimates of $2.63 by $0.43. The business had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.17 billion. Constellation Brands had a return on equity of 29.15% and a net margin of 11.08%.The company’s revenue was down 9.8% on a year-over-year basis. During the same period in the previous year, the firm posted $3.25 earnings per share. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. On average, equities analysts predict that Constellation Brands will post 13.5 EPS for the current year.

Hedge Funds Weigh In On Constellation Brands

Several large investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of Constellation Brands by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 18,202,611 shares of the company’s stock worth $2,451,346,000 after acquiring an additional 573,766 shares in the last quarter. Berkshire Hathaway Inc raised its position in shares of Constellation Brands by 11.6% during the 2nd quarter. Berkshire Hathaway Inc now owns 13,400,000 shares of the company’s stock worth $2,179,912,000 after acquiring an additional 1,391,000 shares in the last quarter. Capital World Investors lifted its stake in Constellation Brands by 8.3% during the fourth quarter. Capital World Investors now owns 7,238,575 shares of the company’s stock worth $998,740,000 after purchasing an additional 553,974 shares during the last quarter. State Street Corp lifted its stake in Constellation Brands by 5.0% during the fourth quarter. State Street Corp now owns 6,911,369 shares of the company’s stock worth $953,492,000 after purchasing an additional 329,337 shares during the last quarter. Finally, Capital International Investors boosted its holdings in Constellation Brands by 48.5% in the fourth quarter. Capital International Investors now owns 6,442,600 shares of the company’s stock valued at $888,930,000 after purchasing an additional 2,105,546 shares in the last quarter. Hedge funds and other institutional investors own 77.34% of the company’s stock.

About Constellation Brands

Constellation Brands, Inc is a leading producer and marketer of beer, wine and spirits, with operations spanning production, importation, marketing and distribution. The company’s beverage portfolio includes a range of premium and mainstream wines and spirits alongside major imported beer brands; in the U.S. market Constellation is widely known for its role in bringing Mexican imports such as Corona and Modelo to American consumers. Constellation supplies retail, on‑premise and foodservice channels and supports its brands with national sales and marketing platforms and supply‑chain capabilities.

The company traces its roots to the Canandaigua Wine Company, founded by Marvin Sands in 1945, and evolved through organic growth and acquisition into a diversified beverage company.