Constellation Reaches New 52-Week High (STZ)

NEW YORK ( TheStreet) -- Constellation Brands (NYSE: STZ) hit a new 52-week high Friday as it is currently trading at $29.65, above its previous 52-week high of $29.53 with 633,567 shares traded as of 10:30 a.m. ET. Average volume has been 3.2 million shares over the past 30 days.

Constellation has a market cap of $4.47 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 40.7% year to date as of the close of trading on Thursday.

Constellation Brands, Inc. produces and markets beverage alcohol in the United States and internationally. The company has a P/E ratio of 13.5, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Constellation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Constellation Ratings Report.

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