Constellation Brands (NYSE:STZ) Updates FY 2025 Earnings Guidance

Constellation Brands (NYSE:STZ) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 13.600-13.800 for the period, compared to the consensus EPS estimate of 13.700. The company issued revenue guidance of $10.4 billion-$10.6 billion, compared to the consensus revenue estimate of $10.6 billion. Constellation Brands also updated its FY25 guidance to $13.60-13.80 EPS.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on STZ. Jefferies Financial Group boosted their price objective on Constellation Brands from $310.00 to $311.00 and gave the stock a buy rating in a research report on Friday, July 5th. BMO Capital Markets reiterated an outperform rating and set a $315.00 price target on shares of Constellation Brands in a research report on Friday, July 5th. UBS Group increased their price target on Constellation Brands from $315.00 to $320.00 and gave the stock a buy rating in a research note on Friday, July 5th. Royal Bank of Canada restated an outperform rating and set a $308.00 price objective on shares of Constellation Brands in a research note on Tuesday. Finally, Truist Financial reaffirmed a hold rating and issued a $265.00 price objective on shares of Constellation Brands in a report on Wednesday, July 3rd. Three research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus target price of $298.26.

Constellation Brands Stock Up 0.7 %

Constellation Brands stock opened at $248.29 on Friday. The firm’s 50 day moving average price is $246.51 and its two-hundred day moving average price is $253.62. The firm has a market cap of $45.43 billion, a PE ratio of 18.50, a P/E/G ratio of 1.59 and a beta of 1.75. Constellation Brands has a twelve month low of $227.50 and a twelve month high of $274.87. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.53 and a current ratio of 1.19.

Constellation Brands (NYSE:STZ) last announced its earnings results on Wednesday, July 3rd. The company reported $3.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.46 by $0.11. Constellation Brands had a return on equity of 23.72% and a net margin of 22.70%. The firm had revenue of $2.66 billion during the quarter, compared to analysts’ expectations of $2.67 billion. During the same quarter in the prior year, the business earned $2.91 earnings per share. The company’s revenue was up 5.8% on a year-over-year basis. On average, research analysts predict that Constellation Brands will post 13.54 EPS for the current fiscal year.

Constellation Brands Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Wednesday, August 14th were given a dividend of $1.01 per share. This represents a $4.04 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date of this dividend was Wednesday, August 14th. Constellation Brands’s dividend payout ratio is 30.10%.

Insider Buying and Selling at Constellation Brands

In other news, EVP Kaneenat Kristann Carey sold 977 shares of Constellation Brands stock in a transaction dated Friday, July 12th. The stock was sold at an average price of $261.00, for a total value of $254,997.00. Following the transaction, the executive vice president now directly owns 2,706 shares in the company, valued at $706,266. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Constellation Brands news, EVP Kaneenat Kristann Carey sold 977 shares of the firm’s stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $261.00, for a total value of $254,997.00. Following the sale, the executive vice president now owns 2,706 shares of the company’s stock, valued at approximately $706,266. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Garth Hankinson sold 13,583 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $240.00, for a total value of $3,259,920.00. Following the transaction, the chief financial officer now owns 11,702 shares of the company’s stock, valued at $2,808,480. The disclosure for this sale can be found here. Insiders sold 16,414 shares of company stock worth $3,982,922 over the last ninety days. Company insiders own 12.19% of the company’s stock.

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.