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

March 5, 2018 - By Michael Collier

 $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 worsened, 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.
Regentatlantic Limited Liability Com holds 0.11% of its portfolio in Constellation Brands, Inc. (NYSE:STZ) for 6,488 shares. 14,900 were accumulated by Oakbrook Ltd Liability Corp. Eulav Asset Mgmt holds 41,000 shares or 0.39% of its portfolio. Archon Ptnrs Limited reported 8,900 shares. X Management Ltd Liability has invested 0.04% in Constellation Brands, Inc. (NYSE:STZ). Banced holds 1,907 shares. Massachusetts Finance Ma holds 2.44M shares. Boston Private Wealth Limited Liability Corporation holds 0.05% or 7,073 shares in its portfolio. Primecap Mngmt Com Ca holds 42,336 shares. Princeton Port Strategies Gp Ltd Co stated it has 0.09% in Constellation Brands, Inc. (NYSE:STZ). 250 were accumulated by Horan Limited Liability Corporation. Eads Heald Counsel has 2,050 shares for 0.25% of their portfolio. Karpus Mngmt holds 0.04% in Constellation Brands, Inc. (NYSE:STZ) or 4,240 shares. Pointstate Cap Limited Partnership has 887,400 shares for 1.5% of their portfolio. Van Hulzen Asset Llc, California-based fund reported 3,013 shares.

Since October 9, 2017, it had 0 buys, and 4 sales for $12.05 million activity. Another trade for 2,935 shares valued at $616,644 was made by Newlands William A on Monday, October 9. The insider MULLIN THOMAS J sold $10.47 million.

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 $338.69 million giving it 31.59 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 increased 1.80% or $3.89 during the last trading session, reaching $219.84. About 1.64M shares traded. Constellation Brands, Inc. (NYSE:STZ) has risen 17.20% since March 5, 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. On Monday, November 23 the stock rating was upgraded by Cowen & Co to “Outperform”. The rating was downgraded by RBC Capital Markets to “Outperform” on Tuesday, September 8. The rating was maintained by Argus Research with “Buy” on Thursday, October 8. The firm has “Hold” rating given on Thursday, June 29 by Credit Suisse. The firm earned “Buy” rating on Thursday, January 7 by Pivotal Research. The stock of Constellation Brands, Inc. (NYSE:STZ) has “Buy” rating given on Friday, October 6 by Stifel Nicolaus. The rating was maintained by Pivotal Research on Thursday, April 6 with “Buy”. The stock of Constellation Brands, Inc. (NYSE:STZ) has “Buy” rating given on Monday, July 10 by Morgan Stanley. The firm has “Buy” rating by Morgan Stanley given on Friday, June 9. The stock of Constellation Brands, Inc. (NYSE:STZ) earned “Buy” rating by Cowen & Co on Monday, October 16.

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 $42.79 billion. The firm sells wine across various categories, including table wine, sparkling wine, and dessert wine. It has a 23.92 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 important recent Constellation Brands, Inc. (NYSE:STZ) news were published by: Globenewswire.com which released: “Constellation Brands to Report Fourth Quarter and Full Year Fiscal 2018 …” on March 01, 2018, also Seekingalpha.com published article titled: “Hello ‘Sin City’ Of Drinks”, Globenewswire.com published: “Bill Newlands Named Constellation Brands President and COO; Rob Sands Remains CEO” on February 14, 2018. More interesting news about Constellation Brands, Inc. (NYSE:STZ) was released by: Thestreet.com and their article: “Constellation Brands’ Beer, Cannabis Bets Make It an Intoxicating Stock Pick” with publication date: February 22, 2018.

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