Market Update: Constellation Brands Inc (STZ) Sees Negative Movement, Closing at 243.65

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

In the latest session, Constellation Brands Inc (NYSE: STZ) closed at $243.65 down -4.70% from its previous closing price of $255.67. In other words, the price has decreased by -$4.70 from its previous closing price. On the day, 2.6 million shares were traded. STZ stock price reached its highest trading level at $254.46 during the session, while it also had its lowest trading level at $243.385.

Ratios:

For a deeper understanding of Constellation Brands Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 687.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.10. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 1.25. In the meantime, Its Debt-to-Equity ratio is 1.47 whereas as Long-Term Debt/Eq ratio is at 1.36.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on July 05, 2024, Reiterated its Buy rating but revised its target price to $320 from $315 previously.

On July 05, 2024, ROTH MKM reiterated its Buy rating and also upped its target price recommendation from $305 to $303.

JP Morgan reiterated its Overweight rating for the stock on July 05, 2024, while the target price for the stock was revised from $291 to $320.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 09 ’24 when Hankinson Garth sold 20,097 shares for $240.16 per share. The transaction valued at 4,826,574 led to the insider holds 11,702 shares of the business.

Hankinson Garth sold 13,583 shares of STZ for $3,259,920 on Aug 08 ’24. The EVP & CFO now owns 11,702 shares after completing the transaction at $240.00 per share. On Aug 08 ’24, another insider, Hankinson Garth, who serves as the Officer of the company, bought 33,680 shares for $240.00 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, STZ now has a Market Capitalization of 44391079936 and an Enterprise Value of 58709737472. As of this moment, Constellation’s Price-to-Earnings (P/E) ratio for their current fiscal year is 78.33, and their Forward P/E ratio for the next fiscal year is 16.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.36 while its Price-to-Book (P/B) ratio in mrq is 4.33. Its current Enterprise Value per Revenue stands at 5.808 whereas that against EBITDA is 15.504.

Stock Price History:

Over the past 52 weeks, STZ has reached a high of $274.87, while it has fallen to a 52-week low of $227.50. The 50-Day Moving Average of the stock is -1.32%, while the 200-Day Moving Average is calculated to be -3.32%.

Shares Statistics:

For the past three months, STZ has traded an average of 1.14M shares per day and 1375070 over the past ten days. A total of 182.89M shares are outstanding, with a floating share count of 152.48M. Insiders hold about 16.31% of the company’s shares, while institutions hold 81.49% stake in the company. Shares short for STZ as of 1726185600 were 3186912 with a Short Ratio of 2.80, compared to 1723680000 on 3593241. Therefore, it implies a Short% of Shares Outstanding of 3186912 and a Short% of Float of 1.82.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 1.43.

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