In the current trading session, Constellation Brands, Inc. (STZ) is priced at $156, showing a price increase of 91.5 cents, representing a 0.59% growth from the previous close at $155.08. The trading volume stands at $249,590, marking an increase of 11.77% relative to the average.
STZ recently reported earnings on Tuesday, April 7th, with earnings per share at $1.9, surpassing the consensus estimate of $1.71. The latest quarterly revenue reached $1.92 billion, exceeding the consensus estimate of $1.88 billion.
With a forward dividend yield of 2.64%, STZ pays out a dividend per share of $1.02 on a trailing twelve-month basis, with a slight decrease year-over-year.
The company generated a free cash flow of $343.9 million, while maintaining a steady operating cash flow of $562.8 million. Notably, common stock repurchases amounted to -$100 million, impacting the net change in cash to -$50 million.
STZ reported a gross profit of $951.7 million and an operating income of $499.3 million, resulting in a net income of $201.8 million. Earnings per share stood at $1.16, with a weighted average of approximately 173.47 million shares outstanding.
Key ratios include a gross profit margin of 49.56%, net profit margin of 10.51%, and a return on equity of 2.5%. The price-to-earnings ratio is at 33.92, while the debt-equity ratio stands at 130.76.
This comprehensive analysis showcases STZ's solid financial performance and strategic positioning amidst market fluctuations.
Constellation Brands, Inc., together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. It provides beer primarily under the Corona Extra, Corona Premier, Corona Familiar, Corona Light, Corona Refresca, Corona Hard Seltzer, Modelo Especial, Modelo Negra, Modelo Chelada, Pacifico, and Victoria brands. The company offers wine under the 7 Moons, Cook's California Champagne, Cooper & Thief, Crafters Union, Kim Crawford, Meiomi, Mount Veeder, Ruffino, SIMI, The Dreaming Tree, Charles Smith, The Prisoner Wine Company, Robert Mondavi, My Favorite Neighbor, and Schrader; and spirits under the Casa Noble, Copper & Kings, High West, Mi CAMPO, Nelson's Green Brier, and SVEDKA brands. It provides its products to wholesale distributors, retailers, on-premise locations, and state alcohol beverage control agencies. Constellation Brands, Inc. was founded in 1945 and is headquartered in Victor, New York.