The Latest Breaking News from Constellation Brands

Constellation Brands (NYSE:STZ) has outperformed the market over the past 20 years by 8.13% on an annualized basis producing an average annual return of 15.52%. Currently, Constellation Brands has a market capitalization of $48.55 billion.

If history is any guide, there may be trouble ahead for shares of Constellation Brands (NYSE:STZ). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Constellation Brands (NYSE:STZ) will host a conference call at 10:30 AM ET on April 7, 2022, to discuss Q4 2022 earnings results.

Constellation Brands (NYSE:STZ) has observed the following analyst ratings within the last quarter:

Since the beginning of the year, Canopy Growth (NASDAQ: CGC) shares have dropped from 14.03% to $8.00 per share.

Over the past 3 months, 9 analysts have published their opinion on Constellation Brands (NYSE:STZ) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Analysts have provided the following ratings for Constellation Brands (NYSE:STZ) within the last quarter:

Since the beginning of the year, Canopy Growth (NASDAQ: CGC) shares dropped 28.05% to $6.85 per share.

Even though alcohol consumption declined owing to COVID-19 pandemic-led restrictions, the reopening of bars and restaurants last year and growing demand for premium drinks have been helping alcoholic beverage companies generate rising sales. So, alcoholic beverage producers Diageo (DEO) and Constellation Brands (STZ) should benefit. But which of these two…