Constellation Brands Inc (NYSE: STZ) has reported earnings for its fourth fiscal quarter (ending February 28) of $2.15 versus $1.21 for the same period a year ago — an increase of 78%. This result exceeded the consensus estimate of $2.10 by $0.05. E.P.S. were $9.42 for the latest four quarters through February 28 versus $-0.37 for the same period a year ago.
Recent Price Action
Constellation Brands Inc (NYSE: STZ) stock closed at $268.34 on 4/11/24 after an increase of 1.3%. Moreover, exceptionally high trading volume at 333% of normal accompanied the advance. The stock has risen 0.5% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, STZ is expected to continue to be a major Value Builder.
Constellation Brands has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Constellation Brands has a neutral Power Rating of 41 but a very low Appreciation Score of 13, and the Lowest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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