If you are wondering whether Constellation Brands is attractively priced right now, this article walks through what the current share price might be implying about value.
The stock last closed at US$158.75, with returns of 7.3% over 7 days, 11.3% over 30 days and 12.5% year to date, compared to an 11.8% decline over 1 year and a 22.5% and 24.6% decline over 3 and 5 years respectively.
These mixed returns suggest sentiment around the stock has shifted over different time frames. Often, moves like the recent short-term gains lead investors to reassess whether the current price fairly reflects the business. In the sections that follow, we connect these return numbers to the underlying valuation.
