Constellation Brands Inc. (NYSE:STZ) saw an upside of 1.56% to close Tuesday at $227.50 after adding $3.5 on the day. The 5-day average trading volume is 1,848,720 shares of the company’s common stock. It has gained $228.24 in the past week and touched a new high 3 times within the past 5 days. An average of 1,968,105 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,471,906.
STZ’s 1-month performance is -2.52% or -$4.91 on its low of $208.12 reached on 01/05/23. The company’s shares have touched a 52-week low of $207.59 and high of $261.52, with the stock’s rally to the 52-week high happening on 01/04/23. YTD, STZ has lost -1.83% or -$4.25 and has reached a new high 2 times. However, the current price is down -13.01% from the 52-week high price.
STZ stock investors last saw insider trading activity on Nov 30.Carey Kaneenat Kristann (EVP & Chief HR Officer) most recently sold 978 shares at $250.81 per share on Nov 30. This transaction cost the insider $245,292. EVP & Pres. Beer, Sabia James A. Jr., sold 4,165 shares at a price of $250.23 on Nov 21. Then, on Nov 14, Member of 10% owner group RES Business Holdings LP sold 233,334 shares at a price of $239.06 per share. This transaction amounted to $55,780,826.
STZ stock has a beta of 1.02. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 4.31 while the price-to-book (PB) in the most recent quarter is 5.15, with the price to cash flow ratio at 48.63.
Constellation Brands Inc.’s quick ratio for the period ended August 30 was 0.60, with the current ratio over the same period at 1.30. As well, the company’s long term debt to equity for the quarter ending August 30 was 1.35, while the total debt to equity was 1.45.. In terms of profitability, the gross margin trailing 12 months is 51.90%. The firm’s gross profit as reported stood at $4.71 billion against revenue of $8.82 billion.
For the quarterly period ending August 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -0.66% to $467.7 million, while revenue of -$1.15 billion was 346.14% off the previous quarter. Analysts expected STZ to announce $2.81 per share in earnings in its latest quarter, but it posted $3.17, representing a 12.80% surprise. EBITDA for the quarter stood at more than $844.5 million. STZ stock balance sheet for the quarter ending August 30 shows that total liabilities totaled 15.75 billion, with total debt at $10.95 billion. Shareholders hold equity totaling $184.55 million.
Let’s look briefly at Constellation Brands Inc. (STZ) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 55.60% to suggest the stock is trending Neutral, with historical volatility in this time period at 20.17%.
The stock’s 5-day moving average is $221.71, reflecting a +1.66% or $3.72 change from its current price. STZ is currently trading -1.52% above its 20-day SMA, -8.49% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -5.13% and SMA200 by-1.86%.
Stochastic %K and %D was 60.63% and 49.30% and the average true range (ATR) pointed at 5.64. The RSI (14) points at 50.24%, while the 14-day stochastic is at 73.46% with the period’s ATR at 5.67. The stock’s 9-day MACD Oscillator is pointing at 1.55 and 3.22 on the 14-day charts.
In the most recent analyst report for Constellation Brands Inc. (NYSE: STZ), Cowen downgraded it to a Market perform rating. They previously had an Outperform rating on the stock.
What is STZ’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $200.00 and a high of $300.00, with their median price target at $255.00. Looking at these predictions, the average price target given by analysts is for Constellation Brands Inc. (STZ) stock is $253.04.