STZ stock: buy or sell

STZ stock price: $241.13 1.18% At close on Apr 21st, 2021

Updated on:
Apr 22nd, 2021

2

STZ stock brief

  • Constellation Brands moved up a 1.18% after hitting new highs on Wednesday
  • The price is currently above the upper Bollinger band, which usually indicates a short-term correction
  • Last Friday broke out above its latest top at $236.94
  • Wolfe Research posted a buy rating for Constellation Brands last Monday, with a target of $265.00
  • Constellation Brands posted its financial report on April 8
  • 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.

Should I buy Constellation Brands stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $STZ stock a buy?

Currently, Constellation Brands stock matches one trading strategy:

ATH buy setup

One of the most recommended trading strategies is to buy on All-time Highs (ATH) breakouts. The good point of buying at ATHs is that price doesn't have upper resistances, and usually it scales quickly. However, you must always be aware of a possible bulls trap that may trigger your buy order and then falls sharply. That's why a stop loss is always important. Constellation Brands can break to all-time highs any time soon, as it only needs to go up a 0.96%. Setup your buy order at $243.44 if you want to trade with this strategy. The stop loss would be set at $219.10

Buy setupBuy pointStop lossRisk
ATH buy setup$243.44$219.1010.00%

Should I sell Constellation Brands stock?

Knowing when to sell a stock is even harder than knowing when to buy it. Trading strategies help us to avoid impetuous decisions based on our personal emotions or the noise that surrounds the market. When selling, as well as buying, detailed setups are very easy to use but are only applicable for selling stocks you already own, not for selling short $STZ stock

A golden rule is that you must never hold an open trade that yields losses greater than those expected upon the buy. The moment to sell your stock always has to be dictated by the stop-loss (automatic or manual)

Is it time to sell Constellation Brands stock?

Currently, Constellation Brands stock doesn't match any of our preferred sell setups, so if you hold Constellation Brands stock and your operation is in profit probably is not time to sell now

Constellation Brands ratings

In the last 30 days, 8 ratings were published for Constellation Brands

Constellation Brands analysts' ratings - Last 30 days
Brokerage firmRating
Mar 25th, 2021
Deutsche Bank Aktiengesellschaft Neutral
OTR Global NeutralBuy
Mar 31st, 2021
Deutsche Bank Aktiengesellschaft Neutral
Apr 5th, 2021
Jefferies Financial Group Strong buy
Apr 9th, 2021
MKM Partners Neutral
Apr 12th, 2021
Wolfe Research Buy
Apr 15th, 2021
MKM Partners Neutral
Apr 19th, 2021
Wolfe Research Buy

Constellation Brands stock analysis

$STZ at All-time Highs

Constellation Brands hit all-time highs (ATH) on Wednesday at $243.44, and cleared the field for new highs as there are no further resistances. Previous highs were last February

SMAs overview

STZ stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $242.62 (0.62% above)
  • The current supports are:

  • S1: $239.97 (-0.48% below)
  • S2: $236.94 (-1.74% below)
  • S3: $225.91 (-6.31% below)
  • Bollinger bands

    Price levels above or below the Bollinger Bands tell us that the price has has trended strongly to extreme highs or lows. In this case, the price is over the upper band, meaning a possible near-term adjustment (at least) until it is below the band

    STZ stock Bollinger Bands chart

    Relative strength index

    The has been between the levels of 70 and 30 for many weeks, and therefore, without this indicator really being of any help to us in making any decisions.

    STZ stock RSI chart

    Constellation Brands stock price history

    Constellation Brands went public on Mar 17th, 1992 at $1.46 per share1. Since then, STZ stock has risen by 16,415.75%, with an average of 566.06% per year. An investment of $1,000USD on Mar 1992 would have a value of $165,157.53 today.

    1: Adjusted price after possible price splits or reverse-splits

    STZ stock price history chart

    Price target for Constellation Brands stock

    Nobody knows how much a stock will be priced in the future. Banks and financial organisations post their analysis forecasting how a particular stock will performance in the future.

    Along with buy or sell recommendations, brokerage institutions publish their price forecasts based on the stock price action and the company fundamental data. Most of these estimates follow the publication of new fundamental data by the company, and many times. If you are a small trader you must not trade based on these projections.

    Averaging all price targets exposed below, the predicted price for Constellation Brands stock is $240.50. Constellation Brands closed at $241.13 on Wednesday, that is a 0.26% than the predicted price.

    Constellation Brands stock price predictions
    Brokerage firmPrice target
    Mar 25th, 2021
    Deutsche Bank Aktiengesellschaft $219.00$223.00
    OTR Global Not available
    Mar 31st, 2021
    Deutsche Bank Aktiengesellschaft $219.00$223.00
    Apr 5th, 2021
    Jefferies Financial Group $276.00$300.00
    Apr 9th, 2021
    MKM Partners $219.00$216.00
    Apr 12th, 2021
    Wolfe Research Not available
    Apr 15th, 2021
    MKM Partners $219.00$216.00
    Apr 19th, 2021
    Wolfe Research $265.00

    Earnings and financials

    On April 8, Constellation Brands, Inc. ($STZ) reported adjusted EPS for that beat analysts' expectations. Quarterly EPS was $1.82 per share from an estimated $1.55. This Q4 report means an earnings surprise of 17.42%. Turnover was $2.0 billion compared to $1.9 billion estimated by market consensus.

    Same quarter last year, reported EPS was $2.06, so recently posted EPS is a reduction of -11.65%. Looking at revenues, figures barely moved compared to $19.0B same quarter last year.

    STZ ($STZ) releases financial report next June.

    Constellation Brands performance

    STZ performance compared
    Company1m3m6m
    Constellation Brands ($STZ) 5.00% 6.60% 33.10%

    Important:
    The thoughts published in this article are personal and not recommendations for you to buy or sell shares. The author of this document does not know the specific conditions of the reader, his or her own financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are posted for learning purposes only

    STZ summary

    Wednesday, April 21st, 2021
    Open$238.72
    Close$241.13
    Day range$238.72 - $243.44
    Previous close$238.31
    Session gain1.18%
    Average true range$7.51
    50d mov avg$228.55
    100d mov avg$222.44
    200d mov avg$202.39
    Earnings dateJune 30th, 2021

    Frequently asked questions

    What is Constellation Brands stock symbol?

    Constellation Brands, Inc. is a public company trading in the US stock market with the STZ symbol

    Is Constellation Brands stock a buy or sell?

    Constellation Brands received 8 ratings in the last 30 days: 4 bullish, 0 bearish and 4 neutral.

    Will STZ go up?

    Constellation Brands had different price forecasts posted by market analysts in the last 30 days forecasting the target price to $240.50. That is a 0.26% than the current price ($241.13).