The Latest Breaking News from Constellation Brands

Constellation Brands (NYSE:STZ) is set to give its latest quarterly earnings report on Thursday, 2022-06-30. Here's what investors need to know before the announcement. Analysts estimate that Constellation Brands will report an earnings per share (EPS) of $2.53.

Constellation Brands (NYSE:STZ) has observed the following analyst ratings within the last quarter:

Constellation Brands's (NYSE:STZ) short percent of float has risen 22.15% since its last report. The company recently reported that it has 2.84 million shares sold short, which is 1.82% of all regular shares that are available for trading.

Constellation Brands (NYSE:STZ) has outperformed the market over the past 10 years by 17.08% on an annualized basis producing an average annual return of 27.52%. Currently, Constellation Brands has a market capitalization of $41.56 billion.

  Constellation Brands (NYSE:STZ) will host a conference call at 10:00 AM ET on June 30, 2022, to discuss Q1 2023 earnings results.

Over the past 3 months, 7 analysts have published their opinion on Constellation Brands (NYSE:STZ) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Pablo Zuanic from Cantor Fitzgerald kept a rating of “Neutral” for the stocks of Canopy Growth Corp. (TSE: WEED) (NASDAQ: CGC) and lowered his 12-month price target to C$6.75 from C$7.75 due to the sectoral derating and red

In the current, uncertain market environment, one of the best strategies to protect one’s portfolio is to invest in stocks capable of withstanding all market and economic conditions. With fears of a looming recession, we think investors could look to add the stocks of all-weather companies Constellation Brands (STZ), Johnson…

Inflation has surged to record levels. And in a high inflationary environment, consumer defensive stocks do well due to the almost inelastic demand for their products. So, since inflation is expected to remain elevated due to high energy prices and supply chain issues, we think it could be wise to…

Constellation Brands (NYSE:STZ) has outperformed the market over the past 20 years by 8.13% on an annualized basis producing an average annual return of 15.52%. Currently, Constellation Brands has a market capitalization of $48.55 billion.

If history is any guide, there may be trouble ahead for shares of Constellation Brands (NYSE:STZ). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.