Constellation Brands(STZ)
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Here's Why Constellation Brands (STZ) is a Strong Value Stock
ZACKS· 2024-12-18 15:46
Core Insights - The article emphasizes the importance of utilizing Zacks Premium for both new and experienced investors to enhance their stock market strategies and confidence in investing [1][2] Zacks Style Scores - Zacks Style Scores provide a unique rating system for stocks based on value, growth, and momentum characteristics, serving as complementary indicators to the Zacks Rank [3][4] - Each stock is rated from A to F, with A indicating the highest potential for outperforming the market [4] Categories of Style Scores - **Value Score**: Focuses on identifying undervalued stocks using various financial ratios, appealing to value investors [5] - **Growth Score**: Targets stocks with strong financial health and growth potential, based on earnings and sales projections [6] - **Momentum Score**: Aims to capitalize on price trends, using recent price changes and earnings estimate shifts to identify high-momentum stocks [7] - **VGM Score**: Combines all three Style Scores to highlight stocks with the best value, growth, and momentum characteristics [8] Zacks Rank and Performance - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to guide investors in building successful portfolios [9] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [10] Stock Recommendation: Constellation Brands (STZ) - Constellation Brands, a leading producer of beer, wine, and spirits, holds a 2 (Buy) rating on the Zacks Rank and has a VGM Score of A [15][16] - The company has a forward P/E ratio of 17.17, indicating attractive valuation metrics for value investors [16] - Recent earnings estimates for fiscal 2025 have been revised upward, with the Zacks Consensus Estimate increasing by $0.01 to $13.58 per share, alongside an average earnings surprise of 5.3% [16] - With strong ratings and favorable Style Scores, Constellation Brands is recommended for investors' consideration [17]
STZ vs. DEO: Which Stock Should Value Investors Buy Now?
ZACKS· 2024-12-16 17:45
Investors interested in Beverages - Alcohol stocks are likely familiar with Constellation Brands (STZ) and Diageo (DEO) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earnings estimat ...
Constellation Brands to Report Third Quarter Fiscal 2025 Financial Results; Host Conference Call January 9, 2025
GlobeNewswire News Room· 2024-12-05 21:30
Core Viewpoint - Constellation Brands, Inc. will report its financial results for the third quarter ended November 30, 2024, on January 9, 2025, before U.S. market opening [1] Group 1: Financial Reporting - The financial results will be discussed in a conference call hosted by President and CEO Bill Newlands and CFO Garth Hankinson at 10:30 a.m. ET on January 9, 2025 [1] - Access to the conference call can be made by dialing +1-877-407-9121 with the conference identification number 13750414 [2] - A live webcast of the conference call will be available on the company's investor relations website [2] Group 2: Company Overview - Constellation Brands is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy [3] - The company aims to build beloved brands and is recognized as one of the fastest-growing large consumer packaged goods companies in the U.S. retail market [3] Group 3: Product Portfolio - The company offers high-end imported beer brands, including Corona Extra and Modelo Especial, as well as fine wine and craft spirits brands like The Prisoner Wine Company and Casa Noble Tequila [4] Group 4: Sustainability and ESG Strategy - Constellation Brands emphasizes sustainable and responsible operations, focusing on environmental stewardship, social equity, and promoting responsible beverage alcohol consumption [5]
STZ to Divest SVEDKA Label to Reshape Its Wine & Spirits Portfolio
ZACKS· 2024-12-04 19:00
Constellation Brands, Inc.’s (STZ) premiumization strategy has been encouraging, as demonstrated by the accelerated growth of its Power Brands. The company has been seeing strength in the beer business for a while now. In the latest announcement, STZ unveiled an agreement with a global spirits company, Sazerac, to divest its SVEDKA brand. However, the financial terms of the deal have been kept under wraps.More on STZ’s Latest NewsThis agreement is built on Constellation Brands’ strategic initiatives to alig ...
Constellation Brands, Inc. (STZ) Presents at Morgan Stanley Global Consumer & Retail Conference (Transcript)
Seeking Alpha· 2024-12-04 00:02
Constellation Brands, Inc. (NYSE:STZ) Morgan Stanley Global Consumer & Retail Conference December 3, 2024 2:15 PM ET Company Participants Garth Hankinson - CFO Conference Call Participants Dara Mohsenian - Morgan Stanley Dara Mohsenian Please see the Morgan Stanley research website at www.morganstanley.com for research disclosures. And if you have any questions, you can reach out to your Morgan Stanley representative. With that, I'm very pleased to welcome Constellation Brands and Garth Hankinson, Constella ...
Constellation Brands to sell Svedka vodka to Sazerac as wine and spirits segment struggles
CNBC· 2024-12-03 16:16
Constellation Brands Inc. Svedka vodka at a liquor store in the Upper East Side neighborhood of New York, US, on Friday, June 28, 2024.Constellation Brands announced Tuesday it will sell its Svedka vodka brand to New Orleans-based spirits company Sazerac.The transaction is expected to close in the coming months, Constellation said in a press release. It did not disclose the value of the deal."The actions we have taken over the past several years to reshape our wine and spirits portfolio support our efforts ...
Here's Why Constellation Brands (STZ) is a Strong Growth Stock
ZACKS· 2024-11-29 15:50
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zack ...
Constellation Brands Appoints E. Yuri Hermida as New EVP, Chief Growth & Strategy Officer
GlobeNewswire News Room· 2024-10-08 20:30
ROCHESTER, N.Y., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ), a leading beverage alcohol company, today announced the appointment of E. Yuri Hermida as the company's new Executive Vice President, Chief Growth & Strategy Officer. In this role, Hermida will be responsible for Consumer Insights & Innovation, Digital, Transformation, Media, New Business Ventures, and Strategy & Analytics. He will report directly to Bill Newlands, President and Chief Executive Officer, and will serve as a ...
Constellation Brands: Underlying Demand Should Recover
Seeking Alpha· 2024-10-08 05:13
A brief update from my last coverage on Constellation Brands (NYSE: STZ ) (NEOE: STZ:CA ). I gave a buy rating in July, and my key thesis was that STZ should continue to grow its earnings healthily I'm a passionate investor with a strong foundation in fundamental analysis and a keen eye for identifying undervalued companies with long-term growth potential. My investment approach is a blend of value investing principles and a focus on long-term growth. I believe in buying quality companies at a discount to t ...
Constellation Brands Downgraded Amid Subdued Beer Volume Growth Projections
Benzinga· 2024-10-07 17:56
Last week, Constellation Brands Inc. STZ reported second-quarter adjusted earnings per share of $4.32, beating the analyst consensus of $4.08. Quarterly revenues of $2.92 billion beat the street view of $2.90 billion. The company reported a loss per share of $6.59, including a $2.25 billion non-cash goodwill impairment loss for the Wine and Spirits business. BofA Securities downgraded Constellation Brands, reflecting lowered calendar year 2025 estimates amid slower beer volume growth. The analyst writes, "W ...