Constellation Stock Hits 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 (NYSE: STZ) hit a new 52-week high Wednesday as it is currently trading at $36.57, above its previous 52-week high of $36.50 with 942,795 shares traded as of 11:40 a.m. ET. Average volume has been 2.7 million shares over the past 30 days.

Constellation has a market cap of $5.65 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 73.1% year to date as of the close of trading on Tuesday.

Constellation Brands, Inc. produces and markets beverage alcohol in the United States and internationally. The company has a P/E ratio of 17.2, equal to the average food & beverage industry P/E ratio and below 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, attractive valuation levels, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Constellation Ratings Report.

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