$1.74 EPS Expected for Constellation Brands, Inc. (STZ)

March 14, 2018 - By Dolores Ford

 $1.74 EPS Expected for Constellation Brands, Inc. (STZ)
Investors sentiment decreased to 1.14 in Q3 2017. Its down 0.02, from 1.16 in 2017Q2. It turned negative, as 40 investors sold Constellation Brands, Inc. shares while 242 reduced holdings. 79 funds opened positions while 243 raised stakes. 144.05 million shares or 0.63% more from 143.15 million shares in 2017Q2 were reported.
Korea Inv Corp reported 159,389 shares or 0.15% of all its holdings. Confluence Wealth Mngmt Ltd Liability invested 0.48% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). Loomis Sayles Lp owns 0.02% invested in Constellation Brands, Inc. (NYSE:STZ) for 53,722 shares. Cypress Capital Ltd Liability Com (Wy) stated it has 1.43% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). Logan Capital Mgmt stated it has 80,507 shares. Crestwood Mgmt Lp owns 68,904 shares. Legacy Private Trust Com has 1.63% invested in Constellation Brands, Inc. (NYSE:STZ) for 67,213 shares. Lvw Ltd Liability Corp invested in 2,816 shares. Duncker Streett And stated it has 0.05% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). Riverpoint Capital Llc has 2,420 shares for 0.03% of their portfolio. Glob X Management Com Lc accumulated 7,512 shares. Winch Advisory Serv Lc has invested 0.01% in Constellation Brands, Inc. (NYSE:STZ). 34,282 were reported by Nomura Asset Com Ltd. Amp Cap Invsts Ltd accumulated 99,381 shares. Vigilant Mngmt Llc holds 1.41% of its portfolio in Constellation Brands, Inc. (NYSE:STZ) for 47,510 shares.

Since October 9, 2017, it had 0 insider purchases, and 4 selling transactions for $12.05 million activity. Newlands William A also sold $616,644 worth of Constellation Brands, Inc. (NYSE:STZ) shares. 50,000 shares were sold by MULLIN THOMAS J, worth $10.47M.

Analysts expect Constellation Brands, Inc. (NYSE:STZ) to report $1.74 EPS on April, 5.They anticipate $0.26 EPS change or 17.57 % from last quarter’s $1.48 EPS. STZ’s profit would be $337.15 million giving it 32.75 P/E if the $1.74 EPS is correct. After having $2.00 EPS previously, Constellation Brands, Inc.’s analysts see -13.00 % EPS growth. The stock decreased 0.96% or $2.21 during the last trading session, reaching $227.94. About 1.12M shares traded. Constellation Brands, Inc. (NYSE:STZ) has risen 17.20% since March 14, 2017 and is uptrending. It has outperformed by 0.50% the S&P500.

Constellation Brands, Inc. (NYSE:STZ) Ratings Coverage

Among 23 analysts covering Constellation Brands (NYSE:STZ), 16 have Buy rating, 0 Sell and 7 Hold. Therefore 70% are positive. Constellation Brands had 75 analyst reports since August 27, 2015 according to SRatingsIntel. The company was maintained on Tuesday, April 11 by Cowen & Co. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, January 8 report. UBS initiated the stock with “Neutral” rating in Tuesday, December 15 report. As per Thursday, December 17, the company rating was reinitiated by Barclays Capital. The stock of Constellation Brands, Inc. (NYSE:STZ) earned “Buy” rating by Goldman Sachs on Thursday, April 7. As per Friday, June 30, the company rating was maintained by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Thursday, December 21 with “Buy”. Pivotal Research maintained Constellation Brands, Inc. (NYSE:STZ) rating on Thursday, June 29. Pivotal Research has “Buy” rating and $25000 target. Barclays Capital maintained the shares of STZ in report on Thursday, April 7 with “Overweight” rating. JP Morgan maintained the stock with “Neutral” rating in Thursday, April 7 report.

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 has market cap of $44.17 billion. The firm sells wine across various categories, including table wine, sparkling wine, and dessert wine. It has a 24.8 P/E ratio. 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.

More recent Constellation Brands, Inc. (NYSE:STZ) news were published by: Globenewswire.com which released: “Bill Newlands Named Constellation Brands President and COO; Rob Sands Remains CEO” on February 14, 2018. Also Thestreet.com published the news titled: “Constellation Brands’ Beer, Cannabis Bets Make It an Intoxicating Stock Pick” on February 22, 2018. Seekingalpha.com‘s news article titled: “Constellation Brands remains top beverage pick at Cowen” with publication date: February 27, 2018 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.