STZ stock: buy or sell

STZ stock price: $219.99 -1.75% At close on Jan 15th, 2021

Updated on:
Jan 18th, 2021

1

STZ stock brief

  • Counting last Friday, it's been 3 consecutive sessions in negative for Constellation Brands. Price closed last Friday at $219.99 after falling a -1.75%.
  • With the recent gains, Constellation Brands is approaching to new all-time highs again, that are now just 8.63% above the current trading
  • On January 7, Constellation Brands made public its Q3 financial report
  • Argus, Cowen, Deutsche Bank Aktiengesellschaft and 5 others posted buy ratings for Constellation Brands on January 8, with an average target of $250.13
  • Constellation Brands, Inc., together with its subsidiaries, produces, imports, and markets 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 doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $STZ will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Constellation Brands stock?

"To sell or not to sell", if you are holding Constellation Brands shares?. Trading strategies let us to avoid impulsive decisions based on our personal feelings or the buzz that surrounds the market. Our trading system selects very simple strategies to guide us on when is a good time to sell our shares. Be aware that these strategies should not be used for selling short Constellation Brands stock

A golden rule is that you should never hold a trading operation that leads to higher than expected losses at the time of purchase. When to sell shares always has to be determined by the stop-loss (automatic or manual)

Is it time to sell Constellation Brands stock?

In the current situation of Constellation Brands there is not any eligible sell setup, so Constellation Brands stock holders with operations in profit can keep their positions

Constellation Brands ratings

In the last 30 days, 9 analyst ratings were published for Constellation Brands. General sentiment is bullish, with 5 out of 9 posting positive outlooks

Constellation Brands analysts' ratings - Last month
Brokerage firmRating
Dec 28th, 2020
JPMorgan Chase & Co. NeutralBuy
Jan 8th, 2021
Argus Strong buy
Cowen Neutral
Deutsche Bank Aktiengesellschaft Neutral
MKM Partners Strong sellNeutral
Morgan Stanley Buy
Smith Barney Citigroup Neutral
UBS Group Strong buy
Wells Fargo & Company Buy

Constellation Brands stock analysis

$STZ near to Highs

Close to ATH

SMAs overview

STZ stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $220.77 (0.35% above)
  • R2: $222.07 (0.95% above)
  • R3: $225.15 (2.35% above)
  • The current support levels are:

  • S1: $219.30 (-0.31% below)
  • S2: $217.10 (-1.31% below)
  • S3: $214.31 (-2.58% below)
  • Bollinger bands

    Since the price surpassed the upper band on January 8, the price has corrected downwards by 5.37%

    STZ stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 on January 11 after just crossing to the overbough zone for a single day (weak signal). The RSI value last Friday was 53.37. Constellation Brands stock tanked a 4.44% since RSI lost the overbought zone

    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 surged by 14,967.81%, with an average of 534.56% per year. If you had invested thousand dollars in Constellation Brands stock on Mar 1992, it would be valued $150,678.08 today.

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

    STZ stock price history chart

    Price target for Constellation Brands stock

    Nobody can predict how much a share will be priced tomorrow. Banks and financial organisations publish their analysis forecasting how a particular stock will performance in the future.

    The following table shows the price predictions released by analysts for the last 30 days. If you are a small investor you should not trade based on these predictions.

    Averaging all price targets exposed below, the estimated price for Constellation Brands stock is $249.89. Constellation Brands closed at $219.99 last Friday, that is a 11.97% than the target price.

    Constellation Brands stock price predictions
    Brokerage firmPrice target
    Dec 28th, 2020
    JPMorgan Chase & Co. $218.00$248.00
    Jan 8th, 2021
    Argus $230.00$272.00
    Cowen $240.00$275.00
    Deutsche Bank Aktiengesellschaft $208.00$219.00
    MKM Partners $154.00$210.00
    Morgan Stanley $240.00$260.00
    Smith Barney Citigroup $220.00$244.00
    UBS Group $238.00$256.00
    Wells Fargo & Company $250.00$265.00

    Earnings and financials

    Constellation Brands ($STZ) hosted the earnings event and posted the report on January 7. STZ posted earnings of $3.09 per share on revenue of $2.4 billion. The analysts estimate was $2.39 per share on revenue of $2.2 billion.

    By comparison, the EPS for the same quarter last year was $2.14, so posted EPS means a gain of 44.39%. Looking at revenues, figures exploded a 21.94% compared to $20.0B same quarter last year.

    STZ ($STZ) posts financial report next April. Market analysts analysts estimate of $1.54, that is a 50.16% less than Q3.

    Constellation Brands performance

    STZ performance compared
    Company1m3m6m
    Constellation Brands ($STZ) 3.50% 21.20% 23.50%

    Please read:
    The thoughts expressed in this post are personal and not recommendations for you to buy or sell stocks. The author of this report does not know the particular circumstances of the reader, his or her own financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are posted for educative motives only

    STZ summary

    Friday, January 15th, 2021
    Open$222.99
    Close$219.99
    Day range$219.63 - $222.99
    Previous close$223.9
    Session gain-1.75%
    Average true range$6.70
    50d mov avg$210.01
    100d mov avg$196.37
    200d mov avg$183.12
    Earnings dateApril 5th, 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 9 ratings in the last 30 days: 5 bullish, 0 bearish and 4 neutral.

    Will STZ go up?

    Constellation Brands had different price predictions published by analysts in the last month setting the target price to $249.89. That is a 13.59% than the current price ($219.99).