Constellation Brands Inc (NYSE: STZ) has experienced a decline in its stock price by -0.29 compared to its previous closing price of 258.52. However, the company has seen a fall of -1.97% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-16 that Investors may keep a tab on stocks like CSWI, TRGP, STZ, FUL and SKT, which have lately hiked their dividend payments.
Is It Worth Investing in Constellation Brands Inc (NYSE: STZ) Right Now?
Constellation Brands Inc (NYSE: STZ) has a price-to-earnings ratio that is above its average at 27.47x. The stock has a 36-month beta value of 0.94. Opinions on the stock are mixed, with 8 analysts rating it as a “buy,” 5 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for STZ is 168.72M, and at present, short sellers hold a 1.53% of that float. On April 17, 2024, the average trading volume of STZ was 1.20M shares.
STZ’s Market Performance
STZ’s stock has seen a -1.97% decrease for the week, with a -3.68% drop in the past month and a 0.94% gain in the past quarter. The volatility ratio for the week is 3.08%, and the volatility levels for the past 30 days are at 1.75% for Constellation Brands Inc. The simple moving average for the past 20 days is -3.42% for STZ’s stock, with a 2.56% simple moving average for the past 200 days.
Analysts’ Opinion of STZ
Many brokerage firms have already submitted their reports for STZ stocks, with Argus repeating the rating for STZ by listing it as a “Buy.” The predicted price for STZ in the upcoming period, according to Argus is $306 based on the research report published on April 15, 2024 of the current year 2024.
Piper Sandler, on the other hand, stated in their research note that they expect to see STZ reach a price target of $300. The rating they have provided for STZ stocks is “Overweight” according to the report published on March 22nd, 2024.
STZ Trading at 0.42% from the 50-Day Moving Average
After a stumble in the market that brought STZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.22% of loss for the given period.
Volatility was left at 1.75%, however, over the last 30 days, the volatility rate increased by 3.08%, as shares sank -3.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.87% upper at present.
During the last 5 trading sessions, STZ fell by -1.97%, which changed the moving average for the period of 200-days by +4.43% in comparison to the 20-day moving average, which settled at $266.47. In addition, Constellation Brands Inc saw 6.63% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at STZ starting from Sabia James A. Jr., who sale 15,781 shares at the price of $263.63 back on Apr 12 ’24. After this action, Sabia James A. Jr. now owns 20,910 shares of Constellation Brands Inc, valued at $4,160,328 using the latest closing price.
Sands Family Foundation, the Member of 10% owner group of Constellation Brands Inc, sale 54,461 shares at $250.92 during a trade that took place back on Jan 09 ’24, which means that Sands Family Foundation is holding 0 shares at $13,665,487 based on the most recent closing price.
Stock Fundamentals for STZ
Current profitability levels for the company are sitting at:
- 0.32 for the present operating margin
- 0.5 for the gross margin
The net margin for Constellation Brands Inc stands at 0.17. The total capital return value is set at 0.14. Equity return is now at value 19.03, with 6.86 for asset returns.
Based on Constellation Brands Inc (STZ), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 1.22. The interest coverage ratio of the stock is 13.75.
Currently, EBITDA for the company is 3.6 billion with net debt to EBITDA at 3.26. When we switch over and look at the enterprise to sales, we see a ratio of 5.91. The receivables turnover for the company is 11.96for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.19.
Conclusion
To sum up, Constellation Brands Inc (STZ) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
