Constellation Brands (STZ) Beats on EPS

Constellation Brands Inc. (STZ) reported fourth quarter non-GAAP EPS of $1.03 before the opening bell Thursday, compared to the consensus estimate of $0.94. Revenues increased from last year to $1.35 billion. Analysts expected revenues of $1.36 billion. Net income was $215 million, or $1.06 a share. The stock is currently up 63c to $119.80.

For the year 2015, the alcoholic drinks company reported profit of $839.3 million, or $4.17 per share. Net sales was reported as $6.028 billion.

For the full-year 2016, the company provided EPS guidance of $4.70 – $4.90 versus consensus of $4.85 per share.

On valuation measures, Constellation Brands Inc. Cl A shares, which currently have an average 3-month trading volume of 997,536.00 shares, trade at a trailing-12 P/E of 30.60, a forward P/E of 24.57 and a P/E to growth ratio of 1.86. The median Wall Street price target on the name is $125.00 with a high target of $137.00. Currently ticker boasts 10 ‘Buy’ endorsements, compared to 6 ’Holds’ and no ‘Sell’.

Profitability-wise, STZ has a t-12 profit and operating margin of 13.11% and 25.98%, respectively. The $23.06 billion market cap company generated $362 million of free cash flow and $1.1 billion of operating cash flow for fiscal 2015.

STZ currently prints a one year return of about 48% and a year-to-date return of around 21.50%.

Constellation Brands Inc. produces, imports, and markets beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company was founded in 1945 and is headquartered in Victor, New York.

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