Is Constellation Brands, Inc. (NYSE:STZ) a Long Term Growth Play?

Cornelia Mascio
Mag 17, 2018

Its up 0.10, from 1.14 in 2017Q3. Freshford Capital Management Llc who had been investing in Constellation Brands Inc for a number of months, seems to be bullish on the $42.47B market cap company. 257 increased holdings while 97 funds took holdings.

ACADIA Pharmaceuticals Inc. (ACAD) exchanged hands at an unexpectedly low level of 1.43 million shares over the course of the day. Regions Fincl Corp reported 2,332 shares. State Board Of Administration Of Florida Retirement reported 234,945 shares stake. Fdx Inc has 0.01% invested in Constellation Brands, Inc. Another trade for 2,005 shares valued at $441,943 was made by FROMBERG BARRY A on Tuesday, January 30. British Columbia - Canada-based Pacad Inv Ltd has invested 1.81% in Constellation Brands, Inc. Apg Asset Mgmt Nv accumulated 56,059 shares. That value represents a market adjusting for revenues that have been growing by 8.47 % on a quarterly year/year basis as of the company's last quarterly report. Guggenheim Cap Ltd Liability Corporation stated it has 354,754 shs or 0.19% of all its holdings. Arrowstreet Capital Limited Partnership raised its stake in Constellation Brands by 11,394.5% during the 4th quarter. (NYSE:STZ) to report earnings on July, 5.

Constellation Brands, Inc. (NYSE:STZ) presently has a current ratio of 1.79.

Since January 30, 2018, it had 0 insider purchases, and 4 insider sales for $6.69 million activity. About 154 shares traded or 35.09% up from the average. (NYSE:STZ) rating on Monday, April 2. The stock of Constellation Brands, Inc. (STZ) formed an up wedge with $228.24 target or 3.00 % above today's $221.59 share price. The stock was sold at an average price of $230.50, for a total transaction of $1,474,739.00. Investors must be aware that the break even failure rate for up or down breakouts is: 8% and 24%. The average true range is a moving average, generally 14 days, of the true ranges. Wedges has high throwback and pullback rate: 73%, 63% and the percent of wedges meeting target is not more than 50%. Over the last 5 sessions, the stock has moved 0.14%. About 103,919 shares traded. (NYSE:STZ). Fayez Sarofim & Com invested 0.42% of its portfolio in Constellation Brands, Inc. STZ outperformed the S&P 500 by 21.92%. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its position in shares of Constellation Brands by 0.8% during the first quarter.

Whereas they predicted High and Low Earnings Estimate as $2.54 and $2.37 respectively. STZ's profit will be $477.86 million for 22.34 P/E if the $2.48 EPS becomes a reality. The institutional investor held 41,905 shares of the beverages (production and distribution) company at the end of 2017Q4, valued at $9.58 million, up from 9,004 at the end of the previous reported quarter.

Among 11 analysts covering Constellation Brands (NYSE:STZ), 9 have Buy rating, 0 Sell and 2 Hold. The positive are 82%. Constellation Brands had 15 analyst reports since December 14, 2017 according to SRatingsIntel. As per Monday, April 16, the company rating was maintained by Morgan Stanley. (NYSE:STZ) earned "Buy" rating by Stifel Nicolaus on Friday, December 22. Wells Fargo maintained it with "Buy" rating and $260.0 target in Thursday, January 4 report. The broad ACADIA Pharmaceuticals Inc. industry has an average P/S ratio of 151.02, which is significantly worse than the sector's 7.04. (NYSE:STZ) has "Buy" rating given on Friday, March 23 by Deutsche Bank.

The market experts are predicting a 218.7% rally, based on the high target price ($61) for ACADIA Pharmaceuticals Inc. shares that is likely to be hit in the 52 weeks. On Thursday, March 29 the rating was maintained by SunTrust with "Buy".

More news for Constellation Brands, Inc.

Constellation Brands, Inc., together with its subsidiaries, produces, imports, and markets beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.76 billion. The firm sells wine across various categories, including table wine, sparkling wine, and dessert wine. It offers beer primarily under the Corona Extra, Corona Light, Modelo Especial, Modelo Negra, and Pacifico brands; wine under the Black Box, Clos du Bois, Estancia, Franciscan Estate, Inniskillin, Kim Crawford, Mark West, Meiomi, Mount Veeder, Nobilo, Robert Mondavi, Ruffino, Saved, Simi, The Dreaming Tree, The Prisoner, Charles Smith, and Wild Horse brands; and sprits under the SVEDKA vodka, Black Velvet Canadian whisky, Casa Noble tequila, High West craft whisky brands.

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