Constellation Stock Gaps Up On Today's Open (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) -- Shares of Constellation Brands (NYSE: STZ) were gapping up Thursday morning with an open price 28% higher than Wednesday's closing price. The stock closed at $31.88 Wednesday and opened today's trading at $40.80.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

The average volume for Constellation has been 3.2 million shares per day over the past 30 days. Constellation has a market cap of $5.04 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 11% year to date as of the close of trading on Wednesday.

Constellation Brands, Inc. produces and markets beverage alcohol in the United States and internationally. The company has a P/E ratio of 14.8, 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 revenue growth, reasonable valuation levels, solid stock price performance, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Constellation Ratings Report.

Get more investment ideas from our investment research center.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.
null