Published: Sat, July 01, 2017
Markets | By Lucia Cruz

As Constellation Brands Inc Trades Do Analysts Recommend You Sell?

As Constellation Brands Inc Trades Do Analysts Recommend You Sell?

The Victor, Ontario County-based firm reported Thursday net income of $402.8 million, or $2 a share, up from $318.3 million, or $1.55 a share, a year ago. Hillman Co. raised its stake in Constellation Brands by 27.1% in the first quarter. It is flat, as 74 investors sold STZ shares while 244 reduced holdings. only 93 funds opened positions while 219 raised stakes. BidaskClub lowered Constellation Brands from a "strong-buy" rating to a "buy" rating in a research note on Saturday, June 10th. After a recent check, company stock has been trading near the $184.10 mark. Constellation Brands Inc now has $37.94B valuation.

EPS in next five year years is expected to touch 8.01% while EPS growth in past 5 year was 8.00% along with sales growth of 3.90% in the last five years.

More notable recent Constellation Brands, Inc. Rathbone Brothers plc now owns 12,800 shares of the company's stock worth $2,074,000 after buying an additional 180 shares during the last quarter.

Since the start of the New Year, Constellation Brands, Inc. Sigma Planning Corporation has 0.15% invested in Constellation Brands, Inc. Coconut Grove Bank now owns 887 shares of the company's stock valued at $144,000 after buying an additional 458 shares in the last quarter. (NYSE:STZ) news were published by: Benzinga.com which released: "Constellation Brands Sharply Higher After Q1 Beat" on June 29, 2017, also Thestreet.com with their article: "Constellation Brands Stock Pops Following Earnings Beat" published on June 29, 2017, Nasdaq.com published: "Earnings Reaction History: Constellation Brands Inc., 45.5% Follow-Through ..." on June 29, 2017. The firm's 50 day moving average price is $182.37 and its 200 day moving average price is $165.44.

Constellation Brands (NYSE:STZ) last announced its quarterly earnings results on Thursday, June 29th. Moreover, New Century Invest Inc has 3.79% invested in Constellation Brands, Inc. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.95 billion. Barclays Capital downgraded the stock to "Equal Weight" rating in Thursday, January 19 report.

Outlook: Constellation sees full-year reported comparable EPS of $7.90-$8.10.

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STZ has been the topic of a number of analyst reports.

Shares of Constellation Brands Inc (NYSE:STZ) traded up 0.79% during mid-day trading on Friday, hitting $194.32. Royal Bank Of Canada reiterated an "outperform" rating and issued a $205.00 target price (up previously from $183.00) on shares of Constellation Brands in a research report on Friday, April 7th. Skylands Capital Limited Co reported 0.24% of its portfolio in Constellation Brands, Inc. The stock presently has a consensus rating of "Buy" and an average price target of $190.80.

06/22/2017 - Constellation Brands Inc had its "buy" rating reiterated by analysts at Goldman Sachs. Zacks Investment Research cut shares of Constellation Brands from a "buy" rating to a "hold" rating in a research report on Thursday, March 2nd. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.39 average brokerage recommendation. The company now has an average rating of "Buy" and a consensus price target of $190.80.

Exec. VP & Gen. Counsel Thomas J. Mullin let go of 39,854 shares at an average price of $169.55 on April 12th. The stock was sold at an average price of $172.24, for a total value of $2,471,644.00. Following the sale, the vice president now owns 48,900 shares in the company, valued at approximately $8,290,995. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Looking out over the past year, company shares have been recorded -3.31% off the 52 week high and 177.13% away from the low over the same period.Covering sell-side analysts have recently weighed in on shares of Micron Technology, Inc. With 1.05 million shares average volume, it will take short sellers 4 days to cover their STZ's short positions. Following the completion of the sale, the director now owns 21,520 shares in the company, valued at $3,659,045.60. The disclosure for this sale can be found here.

The share price of the company (NYSE:STZ) was up +4.96%, with a high of 197.41 during the day and the volume of Constellation Brands Inc shares traded was 6167244.

United States of America based company, L Brands, Inc.

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