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Constellation Brands (STZ) Catches Eye: Stock Jumps 6.3%

Zacks Equity Research

Constellation Brands, Inc. STZ was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $168.67 –$185.93 in the past one-month time frame, witnessed a sharp increase yesterday.

The move came after the company reported solid first-quarter fiscal 2021 results.

The company has seen four positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Constellation Brands. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Constellation Brands Inc Price

Constellation Brands Inc Price
Constellation Brands Inc Price

Constellation Brands Inc price | Constellation Brands Inc Quote

Constellation Brands currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.  

A better-ranked stock in the Beverages – Alcohol industry is The Boston Beer Company, Inc SAM, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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Constellation Brands Inc (STZ) : Free Stock Analysis Report
 
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