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- 1 STZ stock price trades below the major 20, and 50-day daily moving averages.
- 2 Constellation Brands Inc. (NYSE: STZ) stock’s 52-week price range is around $208 – $273.
The earnings of Constellation Brands Inc. have been plummeting by an average of -43.1% per year, while the beverage industry’s earnings have been growing by 3.6% each year. Constellation Brands (STZ) stock’s revenues have been rising by an average of 4.2% each year. According to SimplyWall, a financial website that provides analysis and insights on stocks, the STZ stock has a return on equity of 15.9% and a net margin of 15.5%.
The debt-to-equity of Constellation Brands Inc. is 120.4%, implying that it has more debt than equity. STZ has $9.7 Billion in equity and $11.7 Billion in debt. Its assets are worth $24.9 Billion and its liabilities are $15.2 Billion.
The Constellation Brands (STZ) stock’s EBIT is $3.0 Billion which gives it an interest coverage ratio of 6.8, indicating that it can pay its interest expenses with ease. SimplyWall also reports that the company has $83.3 Million in cash and short-term investments.
The market capitalization of STZ stock is $44.241 Billion and the total revenue is $9.454 Billion. Moreover, the stock’s basic EPS is $8.19 and the price-to-earnings ratio is 30.51. Moreover, the average volume is 961.209K and the current volume is 2.461 Million which is above average volume.
Moreover, the stock has not done well this month, decreasing by -7.03% and it has surged by 7.74% in the last six months. Constellation Brands Inc. (NYSE: STZ) stock has a positive year-to-date return of 4.02% and a 1-year return of 1.78%.
STZ Stock Price Technical Analysis in 1-D Timeframe
The STZ stock has a CMP of $241.33 and an intraday loss of 3.22%.At the time of publishing, the major EMAs in Constellation Brands Inc. (NYSE: STZ) are bearish. MACD shows a bearish cross on the charts and RSI is at 23 below 14 SMA.
However, the stock ratings for Constellation stock are positive and highly recommended based on 22 analysts who have evaluated STZ in the last three months. The 1-year price forecasts for Constellation stock by 21 analysts range between $244 to $315.
The stock fell from $273 to $241 in the last two months, corrected on dividends, and dropped to $241. The stock went past the trendline it was taking support on.
Therefore, if the stock continues to fall further, it will break below the current level and $240, which could lead to a target of $235. Alternatively, if the stock sustains and gains strong buying momentum, it could rise above $245, triggering a rally above $250 or higher.
Summary
Constellation Brands Inc. (NYSE: STZ) stock analysts indicate that the traders and investors of the stock price are bullish on the 1-D time frame. At the time of publishing, the price action shows a bearish overview as it fell significantly in the last two months. The most sought and reliable technical analysis tools of Constellation stock price also support bearishness. The EMA, RSI, and MACD highlight downward signals and indicate that a downtrend may continue in the stock price.
Technical Levels
Support levels: $240 and $235
Resistance levels: $245 and $250
Disclaimer
In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
