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Constellation Brands Inc (STZ) Volatility At 1.88%, Should You Add A Position?

Constellation Brands Inc (NYSE: STZ) is 4.20% higher on its value in year-to-date trading and has touched a low of $227.50 and a high of $274.87 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The STZ stock was last observed hovering at around $252.47 in the last trading session, with the day’s loss setting it -0.57%.

Currently trading at $251.90, the stock is 1.48% and 2.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.92 million and changing -0.23% at the moment leaves the stock 0.17% off its SMA200. STZ registered -1.77% loss for a year compared to 6-month loss of -6.46%. The firm has a 50-day simple moving average (SMA 50) of $245.8382 and a 200-day simple moving average (SMA200) of $251.5447.

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The stock witnessed a 3.62% gain in the last 1 month and extending the period to 3 months gives it a -3.51%, and is 0.36% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.88% over the week and 1.84% over the month.

Constellation Brands Inc (STZ) has around 10600 employees, a market worth around $45.89B and $10.11B in sales. Current P/E ratio is 18.74 and Fwd P/E is 16.60. Profit margin for the company is 24.42%. Distance from 52-week low is 10.73% and -8.36% from its 52-week high. The company has generated returns on investments over the last 12 months (11.79%).

The EPS is expected to grow by 13.64% this year

1734.0 institutions hold shares in Constellation Brands Inc (STZ), with institutional investors hold 93.14% of the company’s shares. The shares outstanding are 182.89M, and float is at 152.49M with Short Float at 2.09%. Institutions hold 82.06% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 13.76 million shares valued at $3.54 billion. The investor’s holdings represent 7.5306 of the STZ Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL INTERNATIONAL INVESTORS with 10.97 million shares valued at $2.82 billion to account for 6.0021 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 10.4 million shares representing 5.692 and valued at over $2.68 billion, while CAPITAL WORLD INVESTORS holds 5.409 of the shares totaling 9.89 million with a market value of $2.54 billion.

Constellation Brands Inc (STZ) Insider Activity

The most recent transaction is an insider sale by Hankinson Garth, the company’s EVP & CFO. SEC filings show that Hankinson Garth sold 20,097 shares of the company’s common stock on Aug 09 ’24 at a price of $240.16 per share for a total of $4.83 million. Following the sale, the insider now owns 11702.0 shares.

Constellation Brands Inc disclosed in a document filed with the SEC on Aug 08 ’24 that Hankinson Garth (EVP & CFO) sold a total of 13,583 shares of the company’s common stock. The trade occurred on Aug 08 ’24 and was made at $240.00 per share for $3.26 million. Following the transaction, the insider now directly holds 11702.0 shares of the STZ stock.

Still, SEC filings show that on Aug 08 ’24, Hankinson Garth (Officer) Proposed Sale 33,680 shares at an average price of $240.00 for $8.08 million. The insider now directly holds shares of Constellation Brands Inc (STZ).

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