Constellation Reaches New 52-Week High (STZ)
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
NEW YORK (TheStreet) -- Constellation Brands (STZ">STZ) hit a new 52-week high Monday as it is currently trading at $44.35, above its previous 52-week high of $44.20 with 2.1 million shares traded as of 2:16 p.m. ET. Average volume has been 4.5 million shares over the past 30 days.
Constellation has a market cap of $6.88 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 24.2% year to date as of the close of trading on Friday.
Constellation Brands, Inc. produces and markets beverage alcohol in the United States and internationally. The company has a P/E ratio of 20.2, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Constellation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, solid stock price performance, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Constellation Ratings Report.
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