Yahoo Finance Earnings Growth & Price Strength Make Constellation Brands (STZ) a Stock to Watch
Building an investment portfolio from scratch can be difficult, especially if you're new to investing. It's easy to feel overwhelmed with so many different investment options out there, but focusing on stocks that are set to outperform the market over the next 12 months is an excellent place to start.
Now, let's break down why adding this one exceptional stock, highlighted below, to your portfolio could be a recipe for success.
Why You Should Pay Attention to Constellation Brands (STZ)
Founded in 1945 and headquartered in Victor, NY, Constellation Brands Inc. produces and markets beer, wine and spirits. It is the third-largest beer company and a leading, high-end wine company in the United States. It has a strong portfolio of high-quality brands, including Corona, Modelo Especial, Robert Mondavi, Kim Crawford, Meiomi and SVEDKA Vodka. The company conducts its operations in the United States, Mexico, Italy and New Zealand.
On April 18, 2017, STZ was added to the Zacks Focus List at $170.12 per share. Shares have increased 54.21% to $262.34 since then.
Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $0.01 to $13.53. STZ also boasts an average earnings surprise of 6.3%.
Earnings for Constellation Brands are forecasted to see growth of 12.2% for the current fiscal year as well.
Since stock prices respond to earnings estimate revisions, it can be very profitable to buy stocks with an increased earnings outlook. By buying a Focus List stock like STZ, then, you're likely getting into a company whose future earnings estimates will be raised, potentially leading to price momentum.
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Constellation Brands Inc (STZ) : Free Stock Analysis Report
