Constellation Brands (NYSE:STZ) Updates FY 2025 Earnings Guidance

Constellation Brands (NYSE:STZ) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 13.600-13.800 for the period, compared to the consensus EPS estimate of 13.700. The company issued revenue guidance of $10.4 billion-$10.6 billion, compared to the consensus revenue estimate of $10.6 billion. Constellation Brands also updated its FY25 guidance to $13.60-13.80 EPS.

Constellation Brands Stock Performance

STZ stock opened at $246.91 on Wednesday. The stock’s 50 day simple moving average is $246.95 and its 200 day simple moving average is $253.70. The company has a current ratio of 1.19, a quick ratio of 0.53 and a debt-to-equity ratio of 1.06. Constellation Brands has a 12-month low of $227.50 and a 12-month high of $274.87. The stock has a market capitalization of $45.18 billion, a PE ratio of 18.40, a price-to-earnings-growth ratio of 1.59 and a beta of 1.75.

Constellation Brands (NYSE:STZ) last announced its quarterly earnings results on Wednesday, July 3rd. The company reported $3.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.46 by $0.11. Constellation Brands had a return on equity of 23.72% and a net margin of 22.70%. The firm had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.67 billion. During the same period in the prior year, the company posted $2.91 earnings per share. The company’s quarterly revenue was up 5.8% on a year-over-year basis. As a group, research analysts forecast that Constellation Brands will post 13.54 earnings per share for the current fiscal year.

Constellation Brands Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Wednesday, August 14th were paid a $1.01 dividend. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $4.04 dividend on an annualized basis and a dividend yield of 1.64%. Constellation Brands’s dividend payout ratio is presently 30.10%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on STZ. Royal Bank of Canada restated an outperform rating and issued a $308.00 target price on shares of Constellation Brands in a report on Tuesday. JPMorgan Chase & Co. dropped their price target on Constellation Brands from $320.00 to $307.00 and set an overweight rating on the stock in a research note on Tuesday. Roth Mkm lowered their target price on Constellation Brands from $305.00 to $303.00 and set a buy rating on the stock in a report on Friday, July 5th. UBS Group boosted their price target on Constellation Brands from $315.00 to $320.00 and gave the company a buy rating in a research note on Friday, July 5th. Finally, BMO Capital Markets reaffirmed an outperform rating and set a $315.00 price target on shares of Constellation Brands in a research report on Friday, July 5th. Three investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of Moderate Buy and an average target price of $298.53.

Insider Activity

In related news, CFO Garth Hankinson sold 13,583 shares of the stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $240.00, for a total transaction of $3,259,920.00. Following the completion of the sale, the chief financial officer now owns 11,702 shares in the company, valued at $2,808,480. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Constellation Brands news, EVP Kaneenat Kristann Carey sold 977 shares of the business’s stock in a transaction on Friday, July 12th. The shares were sold at an average price of $261.00, for a total value of $254,997.00. Following the sale, the executive vice president now owns 2,706 shares in the company, valued at approximately $706,266. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Garth Hankinson sold 13,583 shares of the firm’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $240.00, for a total value of $3,259,920.00. Following the transaction, the chief financial officer now owns 11,702 shares of the company’s stock, valued at approximately $2,808,480. The disclosure for this sale can be found here. Insiders have sold 16,414 shares of company stock worth $3,982,922 over the last ninety days. Corporate insiders own 12.19% of the company’s stock.

About Constellation Brands

Constellation Brands, Inc, together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company provides beer primarily under the Corona Extra, Corona Familiar, Corona Hard Seltzer, Corona Light, Corona Non-Alcoholic, Corona Premier, Corona Refresca, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Oro, Victoria, Vicky Chamoy, and Pacifico brands.