Constellation Brands (NYSE:STZ – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 12.600-12.900 for the period, compared to the consensus earnings per share estimate of 13.940. The company issued revenue guidance of -. Constellation Brands also updated its FY26 guidance to $12.60-$12.90 EPS.
Wall Street Analyst Weigh In
Several analysts have commented on the company. Argus lowered Constellation Brands from a “buy” rating to a “hold” rating in a report on Tuesday, January 14th. Roth Capital dropped their price target on shares of Constellation Brands from $298.00 to $284.00 and set a “buy” rating on the stock in a research note on Friday, January 17th. Citigroup cut Constellation Brands from a “buy” rating to a “neutral” rating and reduced their target price for the company from $260.00 to $200.00 in a report on Thursday, March 20th. Needham & Company LLC reissued a “buy” rating and issued a $215.00 price target on shares of Constellation Brands in a research note on Thursday. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a $203.00 price objective (down previously from $262.00) on shares of Constellation Brands in a research report on Monday, January 13th. Eleven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $240.65.
Get Our Latest Research Report on STZ
Constellation Brands Trading Up 0.7 %
Constellation Brands (NYSE:STZ – Get Free Report) last released its earnings results on Wednesday, April 9th. The company reported $2.63 earnings per share for the quarter, beating the consensus estimate of $2.28 by $0.35. The company had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $2.14 billion. Constellation Brands had a return on equity of 26.55% and a net margin of 6.27%. Constellation Brands’s revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the company posted $2.26 EPS. On average, equities analysts expect that Constellation Brands will post 13.5 earnings per share for the current year.
Insiders Place Their Bets
In related news, Director William T. Giles acquired 1,000 shares of the business’s stock in a transaction dated Friday, January 17th. The shares were acquired at an average price of $186.39 per share, with a total value of $186,390.00. Following the completion of the transaction, the director now owns 1,463 shares of the company’s stock, valued at $272,688.57. The trade was a 215.98 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 12.19% of the stock is owned by company insiders.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Constellation Brands stock. Brighton Jones LLC grew its stake in Constellation Brands, Inc. (NYSE:STZ – Free Report) by 23.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,001 shares of the company’s stock after buying an additional 187 shares during the quarter. Brighton Jones LLC’s holdings in Constellation Brands were worth $221,000 as of its most recent filing with the SEC. Institutional investors own 77.34% of the company’s stock.
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.
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