Alert: New Earnings Report (1/5/24)-Constellation Brands Inc (NYSE: STZ).

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Constellation Brands Inc (NYSE: STZ) has reported E.P.S. of $2.77 for its third fiscal quarter (ending November 30) versus $2.46 for the same period a year ago — an increase of 13%. For the latest four quarters through November 30, E.P.S. were $8.49 versus $0.51 for the same period a year ago — an increase of 1565%.

Recent Price Action

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Constellation Brands Inc (NYSE: STZ) stock enjoyed a large increase of 2.1% on 1/5/24. The stock closed at $247.53. Moreover, this advance was accompanied by exceptionally high trading volume at 233% of normal. The stock has been strong relative to the market over the last nine months and has risen 3.1% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, STZ is expected to continue to be a major Value Builder.

Constellation Brands has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Constellation Brands has a very low Appreciation Score of 13 but a slightly positive Power Rating of 68, producing the Negative Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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