Evercore ISI Reiterates Outperform Rating on Constellation Brands (STZ), 'strong F1Q25'

Constellation Brands (STZ) PT Lowered to $303 at Roth/MKM

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

Constellation Brands (STZ) PT Raised to $311 at Jefferies, 'Unfazed By Rainy Days'

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

Goldman Sachs Reiterates Conviction Buy Rating on Constellation Brands (STZ), 'Solid FQ1 beat on strong beer profits'

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

RBC Capital on Constellation Brands (STZ): 'How does this quarter impact our thesis? No material changes'

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

Jefferies Reiterates Buy Rating on Constellation Brands (STZ), 'we think management will be cautiously optimistic'

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

Roth/MKM on Constellation Brands (STZ): 'Dramatic Increase in Beer Profitability'

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

Morgan Stanley on Constellation Brands (STZ): 'we expect a positive stock reaction'

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

Deutsche Bank on Constellation Brands (STZ): 'we expect a modest positive reaction'

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

CFRA Double Upgrades Constellation Brands (STZ) to Strong Buy

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

Constellation Brands beats quarterly profit estimates on strong beer business

(Reuters) - Corona beer maker Constellation Brands on Wednesday beat Wall Street estimates for first-quarter profit, helped by strong demand for its core beer brands, which offset the sluggish wines and spirits business.

Shares of the Victor, New York-based company, which maintained its annual forecasts, were up nearly 3% in premarket trading.

Constellation Brands (STZ) Tops Q1 EPS by 11c, Offers Guidance

Constellation Brands (NYSE: STZ) reported Q1 EPS of $3.57, $0.11 better than the analyst estimate of $3.46. Revenue for the quarter came in at $2.66 billion versus the consensus estimate of $2.67 billion.

GUIDANCE:

Constellation Brands sees FY2025 EPS of $13.50-$13.80, versus the consensus of $13.65.

Constellation Brands (STZ) July 5 weekly 250 and 260 puts active into quarter results

Constellation Brands (NYSE: STZ) July 260 weekly straddle priced for a move of 4.5% into expected release of quarter results before the bell on July 3. Options active on 9K contracts with focus on July 5 weekly 250 and 260 puts.

Constellation Brands (STZ) July 5 weekly 250 and 260 puts active into quarter results

Constellation Brands (NYSE: STZ) July 260 weekly straddle price 4.5% into expected release of quarter results before the bell on July 3. Options active on 25K contracts with focus on July 5 weekly 250 and 260 puts.

Constellation Brands (STZ) 9K contracts trade with focus on July 5 weekly 250 puts into quarter results

Constellation Brands (NYSE: STZ) July 5 weekly call option implied volatility is at 59, July is at 29; compared to its 52-week range of 13 to 26 into expected release of quarter results before the bell on July 3. Options active on 9K contracts with focus on July 5 weekly 250 puts.

TD Cowen Reiterates Buy Rating on Constellation Brands (STZ)

TD Cowen analyst Robert Moskow reiterated a Buy rating and $300.00 price target on Constellation Brands (NYSE: STZ).

The analyst commented, "We maintain our above-consensus 1Q and FY25 EPS estimates at $3.53 and $13.70, vs. FS $3.46 and $13.65 and maintain Buy. We are below consensus... More