How To Earn $500 A Month From Constellation Brands Stock Ahead Of Q3 Earnings Report
Portfolio Pulse from Avi Kapoor
Constellation Brands, Inc. (STZ) is set to release its Q3 earnings report on Jan. 5, 2024, with expected earnings of $3.00 per share on revenue of $2.55 billion. JPMorgan analyst Andrea Teixeira maintains an Overweight rating on STZ but lowered the price target from $309 to $301. The article also discusses how to earn monthly income from STZ's dividends, which currently yield 1.47%, and provides examples of the number of shares needed to achieve certain income goals. STZ shares fell 1% to close at $241.42 on Wednesday.
January 04, 2024 | 1:20 pm
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NEUTRAL IMPACT
Constellation Brands is anticipated to report Q3 earnings with an expected EPS of $3.00 and revenue of $2.55 billion. JPMorgan analyst has an Overweight rating on the stock but reduced the price target to $301. The company's dividend yield is 1.47%, and the stock price recently fell by 1%.
The upcoming earnings report and the recent analyst rating with a lowered price target are likely to keep investor interest high in the short term. However, the impact on the stock price is uncertain, as positive earnings could be offset by the lowered price target. The dividend yield provides a stable return, but the recent 1% drop in stock price indicates market uncertainty, leading to a neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100