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Constellation Brands (STZ) Dips More Than Broader Markets: What You Should Know
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In the latest trading session, Constellation Brands (STZ - Free Report) closed at $232.38, marking a -0.74% move from the previous day. This change lagged the S&P 500's 0.29% loss on the day.
Prior to today's trading, shares of the wine, liquor and beer company had lost 1.76% over the past month. This has lagged the Consumer Staples sector's gain of 1.61% and the S&P 500's loss of 1.27% in that time.
STZ will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $2.44, up 6.09% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $2.06 billion, up 4.76% from the prior-year quarter.
STZ's full-year Zacks Consensus Estimates are calling for earnings of $10.03 per share and revenue of $8.56 billion. These results would represent year-over-year changes of +0.6% and -0.59%, respectively.
Investors might also notice recent changes to analyst estimates for STZ. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.05% higher. STZ currently has a Zacks Rank of #3 (Hold).
Digging into valuation, STZ currently has a Forward P/E ratio of 23.33. This valuation marks a discount compared to its industry's average Forward P/E of 30.78.
It is also worth noting that STZ currently has a PEG ratio of 4.04. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Beverages - Alcohol industry currently had an average PEG ratio of 4.04 as of yesterday's close.
The Beverages - Alcohol industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 103, putting it in the top 41% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Constellation Brands (STZ) Dips More Than Broader Markets: What You Should Know
In the latest trading session, Constellation Brands (STZ - Free Report) closed at $232.38, marking a -0.74% move from the previous day. This change lagged the S&P 500's 0.29% loss on the day.
Prior to today's trading, shares of the wine, liquor and beer company had lost 1.76% over the past month. This has lagged the Consumer Staples sector's gain of 1.61% and the S&P 500's loss of 1.27% in that time.
STZ will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $2.44, up 6.09% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $2.06 billion, up 4.76% from the prior-year quarter.
STZ's full-year Zacks Consensus Estimates are calling for earnings of $10.03 per share and revenue of $8.56 billion. These results would represent year-over-year changes of +0.6% and -0.59%, respectively.
Investors might also notice recent changes to analyst estimates for STZ. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.05% higher. STZ currently has a Zacks Rank of #3 (Hold).
Digging into valuation, STZ currently has a Forward P/E ratio of 23.33. This valuation marks a discount compared to its industry's average Forward P/E of 30.78.
It is also worth noting that STZ currently has a PEG ratio of 4.04. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Beverages - Alcohol industry currently had an average PEG ratio of 4.04 as of yesterday's close.
The Beverages - Alcohol industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 103, putting it in the top 41% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.