• Education
    • Higher Education
    • Scholarships & Grants
    • Online Learning
    • School Reforms
    • Research & Innovation
  • Lifestyle
    • Travel
    • Food & Drink
    • Fashion & Beauty
    • Home & Living
    • Relationships & Family
  • Technology & Startups
    • Software & Apps
    • Startup Success Stories
    • Startups & Innovations
    • Tech Regulations
    • Venture Capital
    • Artificial Intelligence
    • Cybersecurity
    • Emerging Technologies
    • Gadgets & Devices
    • Industry Analysis
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy
Today Headline
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
Today Headline
No Result
View All Result
Home Business & Finance

Analysts reboot Corona Beer owner stock price target in face of market pressures todayheadline

July 7, 2025
in Business & Finance
Reading Time: 4 mins read
A A
0
Analysts reboot Corona Beer owner stock price target in face of market pressures
2
SHARES
5
VIEWS
Share on FacebookShare on Twitter


This was no time for crying in your beer.

Constellation Brands  (STZ)  CEO Bill Newlands faced analysts on July 1 after the beer, wine and spirits company missed Wall Street’s first-quarter earnings and revenue expectations. 

💵💰Don’t miss the move: Subscribe to TheStreet’s free daily newsletter 💰

“I think it’s important to point out that the quarter was as we expected,” Newlands said during the company’s earnings call. “We saw a significant amount of consumer concern that has continued from the past quarters into this quarter. But this quarter was as we expected.”

The Rochester, NY-based company generates roughly 80% of its revenue from beer sales, primarily through Mexican beer imports like Corona and Modelo. 

Beer sales slipped 2% for the quarter, the company said, driven by a 3.3% decline in shipment volumes “reflecting socioeconomic headwinds affecting consumer demand.”

Constellation Brands recently reported quarterly results.

Constellation Brands

Constellation CEO: Hispanic consumers are half company’s business

RBC analyst Nik Modi asked about concerns related to the company’s Hispanic customers, in light of the Trump Administration’s stepped up efforts on deportation and border security.

“It almost feels like it’s getting a bit worse in terms of just at least from the headlines of the raids and where they’re targeting consumers in normal places of shopping,” Modi said. “Do you have any perspective from the administration in terms of when some of these raids will start to calm down?”

More Wall Street Analysts:

  • Analysts reboot Olive Garden parent’s stock price targets as earnings loom
  • Analysts revamp forecast for Nvidia-backed AI stock
  • Intuitive Surgical analyst raises eyebrows with new stock price target

“First and foremost, our loyalty is very strong and remains very strong with the Hispanic consumer base,” Newlands responded. “Both Hispanic and non Hispanic consumers are concerned about inflation and about cost structure.”

Hispanic consumers, reflects roughly half the company’s business, he said, “and that consumer is very interested in beer.”

“What has occurred is that occasions on which beer is consumed have decreased because of concerns of the socioeconomic area,” Newlands said in response to another question. 

“When we look at the fact that consumers are not going out to eat as much as they had, they’re having less social occasions at home, it doesn’t change their interest in consumption of beer,” he added. “It simply has been that those occasions have been decreased.”

Americans overall say they will cutting back on alcohol, according to survey released in January by advertising and sales measurement technology firm NCSolutions.

Forty-nine percent of the respondents said they intend to drink less in 2025 – up from 41% a year earlier, with Generation Z, or adults ages 18 to 28, leading the way.

The company reaffirmed its forecast for fiscal 2026, although Chief Financial Officer Garth Hankinson acknowledged that “there are still some macroeconomic factors…that we continue to monitor and there continues to be some uncertainty in the macro backdrop.”

Analyst cites solid balance sheet

“We’ve seen from our banking partners and from the Fed some reductions in expectations around GDP growth as well as some softening in expectations with inflation, unemployment and interest rates,” he said.

“That being said,” Hankinson added, “there’s a lot of guesswork, I think, more so in this year’s forecast as it relates to things like the impact of potential tariffs or the potential impact of tariffs and the potential impact of unemployment of government related layoffs.”

Related: Corona beer owner raises red flag about alarming consumer trend

Constellation Brands are down 23% this year, and the stock is down nearly 34% from this time in 2024

Jefferies upgraded Constellation Brands to buy from hold on July 7 with a price target of $205, up from $194, according to The Fly.

Hispanics are drinking less beer, but this won’t last forever, and Constellation’s compares are easing at an accelerating pace, the firm said.

 Jefferies said the company’s “solid” balance sheet provide it time while the stock’s valuation is “too cheap.”

On July 1, UBS raised the firm’s price target on Constellation Brands to $205 from $195 and kept a buy rating on the shares. 

Constellation Brands reported a tough start to fiscal 2026, but maintained their outlook for the year, the firm said.

Despite a choppy near-term set-up, UBS said that it still sees a path to low-single digit top line and mid-single digit bottom line growth over the long-term.

And Citi raised the firm’s price target on Constellation Brands to $174 from $170 and kept a neutral rating on the shares. 

Constellation posted “a soft start” to FY26, but reiterated its FY26 guidance, which drove a positive stock reaction given negative positioning and several investors having expected a cut, the firm said. 

Despite easier comps in July and August, the firm believes a return to growth “looks challenging given weakness in the category,” Citi said.

Related: Fund-management veteran skips emotion in investment strategy

Tags: AnalystsbeerCoronafacemarketownerpressuresPricerebootStocktargettodayheadline
Previous Post

Germany stocks higher at close of trade; DAX up 1.06% todayheadline

Next Post

Belinda Bencic reaches 1st Wimbledon quarterfinal on 9th attempt todayheadline

Related Posts

Can Palantir Continue to Skyrocket? todayheadline

July 7, 2025
7

Google launches AI initiatives for mental health treatment todayheadline

July 7, 2025
8
Next Post
Belinda Bencic reaches 1st Wimbledon quarterfinal on 9th attempt

Belinda Bencic reaches 1st Wimbledon quarterfinal on 9th attempt todayheadline

  • Trending
  • Comments
  • Latest
Family calls for change after B.C. nurse dies by suicide after attacks on the job

Family calls for change after B.C. nurse dies by suicide after attacks on the job

April 2, 2025
Pioneering 3D printing project shares successes

Product reduces TPH levels to non-hazardous status

November 27, 2024

Police ID man who died after Corso Italia fight

December 23, 2024

Hospital Mergers Fail to Deliver Better Care or Lower Costs, Study Finds todayheadline

December 31, 2024
Harris tells supporters 'never give up' and urges peaceful transfer of power

Harris tells supporters ‘never give up’ and urges peaceful transfer of power

0
Des Moines Man Accused Of Shooting Ex-Girlfriend's Mother

Des Moines Man Accused Of Shooting Ex-Girlfriend’s Mother

0

Trump ‘looks forward’ to White House meeting with Biden

0
Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

0
A spiral galaxy known as the Helix Galaxy (NGC 2685), showing its unusual ringed structure and tilted dust lanes, set against a backdrop of stars

The Helix Galaxy

July 7, 2025
Creative Commons License

Cuts to NOAA increase the risk of deadly weather tragedies » Yale Climate Connections

July 7, 2025

Cheap Chinese Solar Panels Sparking a Renewable Boom in the Global South

July 7, 2025
Study reveals accurate association between weak handgrip and a host of diseases among over-50s

Study reveals accurate association between weak handgrip and a host of diseases among over-50s

July 7, 2025

Recent News

A spiral galaxy known as the Helix Galaxy (NGC 2685), showing its unusual ringed structure and tilted dust lanes, set against a backdrop of stars

The Helix Galaxy

July 7, 2025
3
Creative Commons License

Cuts to NOAA increase the risk of deadly weather tragedies » Yale Climate Connections

July 7, 2025
3

Cheap Chinese Solar Panels Sparking a Renewable Boom in the Global South

July 7, 2025
3
Study reveals accurate association between weak handgrip and a host of diseases among over-50s

Study reveals accurate association between weak handgrip and a host of diseases among over-50s

July 7, 2025
2

TodayHeadline is a dynamic news website dedicated to delivering up-to-date and comprehensive news coverage from around the globe.

Follow Us

Browse by Category

  • Africa
  • Asia
  • Basketball
  • Business & Finance
  • Climate Change
  • Crime & Justice
  • Cybersecurity
  • Economic Policies
  • Elections
  • Entertainment
  • Entrepreneurship
  • Environmental Policies
  • Europe
  • Football
  • Gadgets & Devices
  • Health
  • Medical Research
  • Mental Health
  • Middle East
  • Motorsport
  • Olympics
  • Politics
  • Public Health
  • Relationships & Family
  • Science & Environment
  • Software & Apps
  • Space Exploration
  • Sports
  • Stock Market
  • Technology & Startups
  • Tennis
  • Travel
  • Uncategorized
  • Us & Canada
  • Wildlife & Conservation
  • World News

Recent News

A spiral galaxy known as the Helix Galaxy (NGC 2685), showing its unusual ringed structure and tilted dust lanes, set against a backdrop of stars

The Helix Galaxy

July 7, 2025
Creative Commons License

Cuts to NOAA increase the risk of deadly weather tragedies » Yale Climate Connections

July 7, 2025
  • Education
  • Lifestyle
  • Technology & Startups
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy

© 2024 Todayheadline.co

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business & Finance
  • Corporate News
  • Economic Policies
  • Entrepreneurship
  • Market Trends
  • Crime & Justice
  • Court Cases
  • Criminal Investigations
  • Cybercrime
  • Legal Reforms
  • Policing
  • Education
  • Higher Education
  • Online Learning
  • Entertainment
  • Awards & Festivals
  • Celebrity News
  • Movies
  • Music
  • Health
  • Fitness & Nutrition
  • Medical Breakthroughs
  • Mental Health
  • Pandemic Updates
  • Lifestyle
  • Fashion & Beauty
  • Food & Drink
  • Home & Living
  • Politics
  • Elections
  • Government Policies
  • International Relations
  • Legislative News
  • Political Parties
  • Africa
  • Asia
  • Europe
  • Middle East
  • Artificial Intelligence
  • Cybersecurity
  • Emerging Technologies
  • Gadgets & Devices
  • Industry Analysis
  • Basketball
  • Football
  • Motorsport
  • Olympics
  • Climate Change
  • Environmental Policies
  • Medical Research
  • Science & Environment
  • Space Exploration
  • Wildlife & Conservation
  • Sports
  • Tennis
  • Technology & Startups
  • Software & Apps
  • Startup Success Stories
  • Startups & Innovations
  • Tech Regulations
  • Venture Capital
  • Uncategorized
  • World News
  • Us & Canada
  • Public Health
  • Relationships & Family
  • Travel
  • Research & Innovation
  • Scholarships & Grants
  • School Reforms
  • Stock Market
  • TV & Streaming
  • Advertise with Us
  • Privacy & Policy
  • About us
  • Contact

© 2024 Todayheadline.co