Constellation Brands
STZ
Market cap $43.6B

240.04 USD

-3.55

1.46%

At close Oct 17, 4:00 PM EDT

After hours

240.04

+0.00

0.00%

1 day

-1.46%

5 days

-0.37%

1 month

-5.07%

3 months

-3.30%

6 months

-6.71%

Year to date

-1.58%

1 year

0.94%

5 years

21.67%

About: Constellation Brands is the largest provider of alcoholic beverages across the beer, wine, and spirits categories in the us, generating 82% of revenue from Mexican beer imports under top-selling brands such as Modelo and Corona. The rest of the business includes some remaining wine and spirits brands, categories where the company continue to prune assets in recent years. With its exclusive rights tied to the Mexican beer brands effective only in the us, the firm has little revenue exposure to international markets. Constellation owns a 26% stake in no-moat Canopy Growth, a medicinal and recreational cannabis producer in Canada, and has a 50/50 joint venture with glass manufacturer Owens-Illinois in Mexico.

Employees: 10,600

Consumer Staples Beverages

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 18 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

17% more first-time investments, than exits

New positions opened: 123 | Existing positions closed: 105

13% more repeat investments, than reductions

Existing positions increased: 522 | Existing positions reduced: 462

1% more funds holding

Funds holding: 1,297 [Q1] → 1,315 (+18) [Q2]

5.16% less ownership

Funds ownership: 85.13% [Q1] → 79.97% (-5.16%) [Q2]

8% less capital invested

Capital invested by funds: $40.8B [Q1] → $37.5B (-$3.3B) [Q2]

24% less call options, than puts

Call options by funds: $360M | Put options by funds: $475M

37% less funds holding in top 10

Funds holding in top 10: 19 [Q1] → 12 (-7) [Q2]

See Fund Rankings

Research analyst outlook

18 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$255

6%

upside

Avg. target

$294

22%

upside

High target

$309

29%

upside

18 analyst ratings

15 positive

83%

3 neutral

17%

0 negative

0%

BMO Capital Andrew Strelzik 65% 1-year accuracy 20 / 31 met price target	27%upside $305	Outperform Maintained	15 Oct 2024
TD Cowen Robert Moskow 82% 1-year accuracy 14 / 17 met price target	12%upside $270	Hold Downgraded	8 Oct 2024
Barclays Lauren Lieberman 64% 1-year accuracy 46 / 72 met price target	25%upside $300	Overweight Maintained	7 Oct 2024
B of A Securities Bryan Spillane 72% 1-year accuracy 13 / 18 met price target	6%upside $255	Neutral Downgraded	7 Oct 2024
JP Morgan Andrea Teixeira 54% 1-year accuracy 31 / 57 met price target	22%upside $293	Overweight Maintained	4 Oct 2024

See Analyst Rankings

Financial journalist opinion

Based on 33 articles about STZ published over the past 30 days

'The choice of the people': How Modelo and Corona maker Constellation Brands won the loyalty of Hispanic consumers in the U.S.

Hispanic- and Latino-identifying consumers accounted for 32.5% of Constellation Brands' sales in 2023, data from Numerator and Jefferies shows. Continued loyalty from these shoppers is partly responsible for Modelo hanging onto its spot as the most-bought U.S. beer by dollar share.

'The choice of the people': How Modelo and Corona maker Constellation Brands won the loyalty of Hispanic consumers in the U.S.

A Preview Of Earnings

Nike's earnings reveal ongoing struggles with lower sales volumes, particularly in China, despite higher average selling prices, highlighting potential consumer softness even before recent stimulus efforts. Conagra's shift from 'price over volume' is becoming problematic, as both price and volume declines suggest broader challenges for consumer goods companies navigating a less forgiving market environment. Constellation Brands outshined peers by leveraging competitor setbacks, achieving higher volumes and better pricing while reinvesting improved margins into marketing to strengthen brand positioning.

A Preview Of Earnings

Constellation Brands (STZ) Appoints New Executive Vice President, Chief Growth and Strategy Officer

Constellation Brands, Inc. (STZ, Financial), a leading beverage alcohol company, has announced a significant addition to its executive team. On October 8, 2024, the company appointed E.

Constellation Brands (STZ) Appoints New Executive Vice President, Chief Growth and Strategy Officer

Constellation Brands Appoints E. Yuri Hermida as New EVP, Chief Growth & Strategy Officer

ROCHESTER, N.Y., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ), a leading beverage alcohol company, today announced the appointment of E. Yuri Hermida as the company's new Executive Vice President, Chief Growth & Strategy Officer. In this role, Hermida will be responsible for Consumer Insights & Innovation, Digital, Transformation, Media, New Business Ventures, and Strategy & Analytics. He will report directly to Bill Newlands, President and Chief Executive Officer, and will serve as a member of Constellation's executive management committee.

Constellation Brands Appoints E. Yuri Hermida as New EVP, Chief Growth & Strategy Officer

Big beer brands' struggles seem likely to continue into next year, analyst says

Shares of some of the nation's biggest brewers have slipped so far this year — and the months ahead don't look a whole lot better amid shakier demand in the U.S. and abroad, TD Cowen analysts said Tuesday.

Big beer brands' struggles seem likely to continue into next year, analyst says

Constellation Brands Eyes Growth as Beer Sales Lead the Way

Constellation Brands Inc. NYSE: STZ sells beer, wine and spirits. Its portfolio of alcoholic beverage brands is familiar to anyone who's been to a sports bar, had drinks dining in a restaurant or attended a backyard barbecue on a sweltering summer afternoon.

Constellation Brands Eyes Growth as Beer Sales Lead the Way

Constellation Brands: Underlying Demand Should Recover

I maintain a buy rating for Constellation Brands due to expected >10% earnings growth, driven by margin expansion and improving demand. STZ reported strong Q2 results with adj EPS of $4.32, beating estimates, and significant EBIT margin expansion, particularly in the beer segment. Despite weak beer depletion growth, STZ continues to gain market share, and recent data shows improving demand trends, indicating a recovery.

Constellation Brands: Underlying Demand Should Recover

Constellation Brands Downgraded Amid Subdued Beer Volume Growth Projections

Last week, Constellation Brands Inc. STZ reported second-quarter adjusted earnings per share of $4.32, beating the analyst consensus of $4.08. Quarterly revenues of $2.92 billion beat the street view of $2.90 billion.

Constellation Brands Downgraded Amid Subdued Beer Volume Growth Projections

CNBC Television

Constellation Brands CEO on tariffs: We had a successful run during Trump administration

Constellation Brands CEO Bill Newlands, joins 'Mad Money' host Jim Cramer to talk earnings, international business and beer market share.

Constellation Brands CEO on tariffs: We had a successful run during Trump administration

Constellation Brands CEO downplays worries about higher tariffs if Trump wins

In a Friday interview with CNBC's Jim Cramer, Constellation Brands CEO Bill Newlands brushed off concerns about the possibility of higher tariffs. Former President Donald Trump has threatened to impose blanket tariffs as high as 20% on imported goods from all countries.

Constellation Brands CEO downplays worries about higher tariffs if Trump wins

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