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CONSTELLATION BRANDSCONSTELLATION BRANDSCONSTELLATION BRANDS

CONSTELLATION BRANDS

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1STZ trade ideas

STZ LongSTZ has been in a long term accumulation structure perfectly respecting key levels and supports. Recently it has put in a few lower highs and it looks like the trend is changing. However, until it breaks down and takes out the last low, we are inclined to remain bullish. We are looking to go long on Monday, after open making sure we do not have a consecutive steep red candle. Reasons for long: - Bullish Divergence - Ascending right angle triangle formation still valid. The stoploss is strategised so that it would imply a breakdown of the formation. - Trend is bullish until low is taken out. - 200 MA held on 1D tf and respected as support on the last low on the 2D tf. We are at a point of minimal potential losses and maximum gains. Lets see what Monday has to offer but we will likely enter this trade.
NYSE:STZLong
by SynergyTradingSetups
7/1/24 - $stz - A buy ~$250, but timing off7/1/24 :: VROCKSTAR :: NYSE:STZ A buy ~$250, but timing off - great brands (pricing power!) and capable mgmt - EPS can grow teens, impressive for 50 bn EV - 19x PE (though mind the debt so adj. > 25x) reasonable: you get what you pay for - stock is dead money nominally and bad money v tech over last several years - which keeps me patient still - would be interested in dip buying a decent result, but don't feel comfortable necking out for the 3% fcf (on EV) yield into a consumer that might be trading down - prefer to wrangle a good entry in NASDAQ:CELH (no position currently, but top of my pecking order/ watch list) before entering other bev/ alcohol names - would consider a dip buy on an outsized move (like we've seen in some names lately - tho they've been more discretionary - this is defn more staple) - gl to holders V
NYSE:STZ
by VROCKSTAR
Constellation Brands' Q3 Performance Paves the Way for Growth Constellation Brands Inc. (NYSE: NYSE:STZ ) has proven its mettle in the third quarter of fiscal 2024, delivering a stellar financial performance that surpassed market expectations. With a solid net sales figure of $2.47 billion and an impressive EPS of $3.24, the company's strategic initiatives and operational efficiency have propelled it to new heights. This article delves into the key factors driving Constellation Brands' success, its revised fiscal guidance, and the technical analysis that provides insights into the stock's potential future trajectory. Robust Financial Performance: Constellation Brands' Q3 report highlights a 1% increase in net sales compared to the previous year, reaching $2.47 billion. The Beer segment played a significant role in this growth, underlining the company's prowess in the alcoholic beverage market. This robust financial performance was attributed to strong brand momentum and strategic investments, reinforcing Constellation Brands' market positioning and operational effectiveness. Exceeding Expectations: The company not only met but exceeded Wall Street expectations, reporting an EPS of $3.24 against the forecasted $3.02. This impressive performance is indicative of Constellation Brands' solid operational execution and the success of its strategic initiatives. The adjusted revenue of $2.47 billion, while slightly below street forecasts, demonstrates the company's ability to navigate challenges and still deliver strong results. Stock Performance: Following the earnings announcement, Constellation Brands' stock price experienced a notable uptick in premarket trading, rising to $245.5, a 1.31% increase from its previous close of $242.33. The stock has shown resilience over the past year, posting a commendable 16.13% increase. The technical analysis suggests that the stock is within an approximate horizontal trend channel, signaling investor uncertainty. A decisive break through support at $242 or resistance at $280 will dictate the stock's future direction. Conclusion: Constellation Brands' Q3 performance is a testament to its resilience and strategic acumen in a competitive market. The company's ability to exceed expectations, coupled with a positive outlook for fiscal 2024, positions it for sustained growth and market leadership. Investors should keep a close eye on key support and resistance levels, as a breakthrough in either direction will provide crucial signals for future investment decisions. Constellation Brands appears poised for continued success, making it an intriguing prospect for investors seeking exposure to the dynamic beverage industry.
NYSE:STZLong
by DEXWireNews
Constellation Brands ( NYSE: STZ) Stock Forecast Cannabis stocks could potentially generate outsized gains for shareholders in the upcoming decade. But right now, several cannabis stocks are small- or micro-cap companies reporting massive losses. Many of these stocks are listed on the OTC markets, and remain speculative bets for long-term investors. But as the upcoming wave of legalization may unlock multiple billion-dollar markets for cannabis companies, one top-rated cannabis stock worth considering is Constellation Brands (STZ). Valued at a market cap of $43.96 billion, Constellation Brands produces, sells, and markets beer, wine, and spirits in the U.S., Canada, Mexico, Italy, and New Zealand. Back in 2017, this well-established vice stock entered the pot ring by investing $190 million in Canadian cannabis company Canopy Growth (CGC), taking a 10% stake. In the following year, Constellation Brands invested another $4 billion, increasing its CGC stake to 38.6%. Constellation Brands Performance In Fiscal Q2? While Constellation Brands has a sizeable stake in Canopy Growth, it remains one of the largest beer manufacturers globally. It is the number one brand among beer manufacturers in the U.S., and increased beer sales by 12% in fiscal Q2 of 2024 (ended in August). Comparatively, overall sales were up 7% year over year in Q2. Constellation Brands is now looking to gain traction in the high-margin premium beer and wine segments, which is also a fast-growing market. Priced at 20 times forward earnings, STZ is reasonably priced, given analysts expect adjusted earnings to rise by 11% annually in the next five years. Currently, STZ pays shareholders a quarterly dividend of $0.89 per share, translating to a dividend yield of 1.45%. These payouts have risen by 14% annually in the last eight years, and the payout ratio of 29.5% indicates there's room for this dividend to keep growing. Price Momentum STZ is trading in the middle of its 52-week range and near its 200-day simple moving average. What does this mean? Investors are still evaluating the share price, and the stock is still trying to generate some momentum. This is a positive sign for the stock's future value.
NYSE:STZLong
by DEXWireNews
Breakout alert for STZNYSE:STZ appears to be poised for a breakout above relative highs not seen since December of last year when it was in a short period of decline within a much larger period of consolidation. The daily and 4-hr timeframes show a consistent since mid-march. Additionally, a new short-term zone of support appears to have been established by the market in the low to mid $220's. As of last week, I have my notes from 5.12 showing that a declining wedge on the 4-hr timeframe was taking shape with that support zone and a trendline of lower highs. Please see my note in the elliptical highlight. The first stage of the breakout has occurred with the buyers stepping in at the ~$232 price point. If STZ continues its upward trend and doesn't get rejected at the $235 level expect an accelerated uptrend in the near term. Strategies to profit would be to establish a position through buying shares, selling puts, or buying calls. Selling or buying long spreads would be reasonable as well.
NYSE:STZLong
by Active_Trader2021
Bullish Technical analysis of STZ (Constellation Brands, Inc)Constellation Brands, Inc. (STZ) is a leading producer and marketer of premium wine, beer, and spirits in the United States, Canada, Mexico, and other international markets. The company has a diversified portfolio of alcoholic beverage brands, including Corona, Modelo, Robert Mondavi, and Svedka Vodka. From a financial perspective, STZ has a solid track record of revenue growth and profitability. In the fiscal year 2021, the company reported net sales of $9.2 billion, representing a 3% increase from the prior year. The company's net income also increased by 15% to $2.2 billion. The company has consistently generated positive free cash flow, which allows it to invest in growth initiatives, pay dividends, and repurchase shares. In terms of profitability ratios, STZ has a strong gross margin of 47%, indicating that the company generates significant profits on the products it sells. The company's operating margin is also healthy at 30%, indicating that it is efficient in managing its operating expenses. STZ has a strong balance sheet, with a current ratio of 1.4 as of September 2021, indicating that it has sufficient short-term assets to cover its liabilities. The company has a moderate debt-to-equity ratio of 0.77, which is lower than the industry average, indicating that it has a conservative debt profile. From a valuation perspective, STZ's stock price appeared to be trading at a premium valuation as of September 2021, with a price-to-earnings (P/E) ratio of 25.5, which is higher than the industry average. However, investors may be willing to pay a premium for STZ's strong financial performance, growth prospects, and market leadership. In conclusion, based on the fundamental analysis, STZ appears to be a solid company with a strong financial position, consistent revenue growth, and healthy profitability ratios. However, it is important to note that market conditions and other factors can impact a stock's performance, and investors should conduct their own research and analysis before making any investment decisions.
NYSE:STZLong
by Red_Green-TA
Constellation Brands (STZ)...Recession/defensive? Or Growth?A quick read of analyst reports on STZ will leave one with mostly bullish soundbites such as 'recession proof', 'premium brands', 'high margins', 'strong cashflow', etc. All true! It does seem to be that even in a recession, people are not only loath to limit their drinking, but in fact, they tend to drink more! So, enter STZ with its premium brands and marketing and branding prowess. The fundamentals certainly lean towards 'buy'. BUT, an equally quick look at the chart leaves one with some pause. The RSI has been a reasonably good indicator of tradable highs and lows, most recently hitting an 'overbought' level. Add to that, any hint by Powell that the pace of rate hikes will slow, is likely to see money migrate from the so-called recession-proof stocks back into some of the bloodied tech and growth names. If that were to happen, to me, it would represent a buying opportunity for STZ. I'm no so sure that viewing STZ as a cash-cow, defensive, recession play is all that accurate. In fact, their premium brands and diversification into new categories could re-label them into more of a 'growth' stock than most people think. Currently flat...but on the lookout for a pullback. Eager to hear other opinions. (NOTE: THIS IS NOT ADVICE IN ANYWAY! JUST FOOD FOR THOUGHT AND DISCUSSION!!)
NYSE:STZLong
by trader_investr