Constellation Brands (NYSE:STZ) Releases FY25 Earnings Guidance

Constellation Brands (NYSE:STZ) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $13.50-13.80 for the period, compared to the consensus estimate of $13.66. Constellation Brands also updated its FY 2025 guidance to 13.500-13.800 EPS.

Constellation Brands Stock Down 3.3 %

Shares of STZ opened at $250.37 on Thursday. The company’s 50-day moving average price is $255.22 and its 200 day moving average price is $254.02. Constellation Brands has a 12-month low of $227.50 and a 12-month high of $274.87. The company has a current ratio of 1.19, a quick ratio of 0.53 and a debt-to-equity ratio of 1.06. The firm has a market cap of $45.81 billion, a P/E ratio of 26.69, a price-to-earnings-growth ratio of 1.72 and a beta of 0.87.

Constellation Brands (NYSE:STZ) last released its quarterly earnings results on Wednesday, July 3rd. The company reported $3.57 EPS for the quarter, topping analysts’ consensus estimates of $3.46 by $0.11. Constellation Brands had a return on equity of 23.06% and a net margin of 16.13%. The company had revenue of $2.66 billion for the quarter, compared to analysts’ expectations of $2.67 billion. During the same period in the prior year, the firm earned $2.91 earnings per share. The firm’s revenue was up 5.8% compared to the same quarter last year. On average, sell-side analysts forecast that Constellation Brands will post 13.67 earnings per share for the current year.

Constellation Brands Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 23rd. Investors of record on Wednesday, August 14th will be issued a $1.01 dividend. This represents a $4.04 dividend on an annualized basis and a dividend yield of 1.61%. Constellation Brands’s dividend payout ratio (DPR) is currently 43.07%.

Analysts Set New Price Targets

STZ has been the subject of several research reports. UBS Group dropped their price target on shares of Constellation Brands from $320.00 to $315.00 and set a buy rating for the company in a research note on Thursday, June 20th. Roth Mkm reissued a buy rating and set a $305.00 target price on shares of Constellation Brands in a research note on Friday, April 12th. Evercore ISI increased their price target on Constellation Brands from $300.00 to $310.00 and gave the company an outperform rating in a research report on Friday, April 12th. Deutsche Bank Aktiengesellschaft boosted their price objective on Constellation Brands from $256.00 to $262.00 and gave the stock a hold rating in a research report on Wednesday, April 10th. Finally, Barclays reduced their target price on shares of Constellation Brands from $295.00 to $288.00 and set an overweight rating on the stock in a report on Wednesday, May 29th. Three analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus price target of $298.63.

Insider Buying and Selling

In other Constellation Brands news, CEO William A. Newlands sold 25,000 shares of the company’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $261.54, for a total value of $6,538,500.00. Following the transaction, the chief executive officer now directly owns 14,700 shares in the company, valued at approximately $3,844,638. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Constellation Brands news, CEO William A. Newlands sold 25,000 shares of the stock in a transaction on Friday, May 10th. The stock was sold at an average price of $261.54, for a total transaction of $6,538,500.00. Following the transaction, the chief executive officer now owns 14,700 shares of the company’s stock, valued at approximately $3,844,638. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP James A. Jr. Sabia sold 15,781 shares of Constellation Brands stock in a transaction on Friday, April 12th. The shares were sold at an average price of $263.63, for a total value of $4,160,345.03. Following the completion of the sale, the executive vice president now directly owns 20,910 shares of the company’s stock, valued at approximately $5,512,503.30. The disclosure for this sale can be found here. In the last quarter, insiders sold 48,031 shares of company stock worth $12,582,321. 12.19% of the stock is owned by corporate insiders.

About Constellation Brands

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.