Constellation Brands (STZ) Tops Q1 EPS by 11c, Offers Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/9/2026
Go back to Constellation Brands (STZ) Tops Q1 EPS by 11c, Offers Guidance
July 5, 2024 7:11 AM EDT
Roth/MKM analyst Bill Kirk lowered the price target on Constellation Brands (NYSE: STZ) to $303.00 (from $305.00) while maintaining a Buy rating.
The analyst comments "STZ's 1Q revenue was in line, but better-than-expected Beer profitability led to an EPS beat. We see four avenues... More
July 5, 2024 6:20 AM EDT
Jefferies analyst Kaumil Gajrawala raised the price target on Constellation Brands (NYSE: STZ) to $311.00 (from $310.00) while maintaining a Buy rating.
The analyst comments "Beer grinds higher and should continue to do so. +LDD% shelf space gains and favorable demographics support a (+) F25 despite category... More
July 3, 2024 10:07 AM EDT
Goldman Sachs analyst Bonnie Herzog reiterated a Conviction Buy rating and $300.00 price target on Constellation Brands (NYSE: STZ)
The analyst comments "Our View - STZ reported a strong start to the year with FQ1 EPS of $3.57 that handily beat our/consensus estimates of $3.47/$3.46. Investor expectations heading into results were low, and STZ broadly... More
July 3, 2024 10:06 AM EDT
RBC Capital analyst Nik Modi reiterated an Outperform rating and $308.00 price target on Constellation Brands (NYSE: STZ).
The analyst comments "How does this quarter impact our thesis? No material changes. This mornings print only reaffirms our long-term bullishness on STZ and its ability to drive consistent CPG-leading volume growth.... More
July 3, 2024 10:05 AM EDT
Jefferies analyst Kaumil Gajrawala reiterated a Buy rating and $310.00 price target on Constellation Brands (NYSE: STZ)
The analyst comments "Beer depletions grew 6.4% (Street 6.0%). Good quarter with total sales in-line (wine still struggles). F25 guide unchanged and implies Beer margin expansion continues. Beer margins... More
July 3, 2024 10:04 AM EDT
Roth/MKM analyst Bill Kirk reiterated a Buy rating and $305.00 price target on Constellation Brands (NYSE: STZ).
The analyst comments "STZ's 1Q was in-line on a segment and consolidated revenue basis, but better-than-expected Beer profitability led to an EPS beat. With heightened... More
July 3, 2024 10:03 AM EDT
Evercore ISI analyst Robert Ottenstein reiterated an Outperform rating and $310.00 price target on Constellation Brands (NYSE: STZ).
The analyst comments "STZ reported a strong F1Q25 (ended May 31), with beer depletions +6.4% vs. +6.0% Street and with bears looking for... More
July 3, 2024 10:03 AM EDT
Morgan Stanley analyst Dara Mohsenian reiterated an Overweight rating and $305.00 price target on Constellation Brands (NYSE: STZ).
The analyst comments "Positive Stock Reaction: We expect a positive stock reaction at STZ, with beer depletions exceeding lowered expectations, and a solid beer margin/corporate EPS... More
July 3, 2024 10:02 AM EDT
Deutsche Bank analyst Steve Powers reiterated a Hold rating and $262.00 price target on Constellation Brands (NYSE: STZ).
The analyst comments "We expect a modest positive reaction to STZ's 1Q results and reiterated FY25 guidance. On the positive side of the ledger, beer depletions were solid and slightly ahead of a lowered bar (+6.4% vs. buy side ~+6%), coupled with robust beer margin (gross margins +100 bps YOY with operating margins >40%, with each nicely ahead of... More
July 3, 2024 10:01 AM EDT
CFRA analyst Garrett Nelson upgraded Constellation Brands (NYSE: STZ) from Hold to Strong Buy with a price target of $335.00 (from $270.00).
The analyst comments "We raise our 12-month price target to $335 from $270, based on a FY 26 (Feb.) P/E of 22.0x, a slight discount to its... More
