Analysts Set Dean Foods Company (DF) PT at $18.17
Shares of Dean Foods Company (NYSE:DF) have received a consensus recommendation of “Hold” from the fourteen research firms that are presently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $18.17.
DF has been the topic of several recent research reports. Sanford C. Bernstein lowered shares of Dean Foods from a “market perform” rating to an “underperform” rating and reduced their target price for the company from $18.00 to $13.00 in a report on Thursday, July 27th. Wells Fargo & Company reissued an “outperform” rating and issued a $25.00 price target (up previously from $24.50) on shares of Dean Foods in a report on Monday, May 15th. Zacks Investment Research raised shares of Dean Foods from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Morgan Stanley reissued an “underweight” rating and issued a $15.00 price target (down previously from $18.00) on shares of Dean Foods in a report on Tuesday, July 18th. Finally, BidaskClub raised shares of Dean Foods from a “strong sell” rating to a “sell” rating in a report on Wednesday, June 14th.
Shares of Dean Foods (DF) traded up 0.74% during trading on Friday, hitting $14.99. 1,181,170 shares of the stock were exchanged. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 19.39 and a beta of 0.54. Dean Foods has a 52 week low of $14.65 and a 52 week high of $22.31. The stock’s 50 day moving average price is $16.45 and its 200 day moving average price is $18.47.
Dean Foods (NYSE:DF) last released its earnings results on Tuesday, May 9th. The company reported $0.13 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by $0.04. Dean Foods had a net margin of 0.91% and a return on equity of 19.34%. The business had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.96 billion. During the same period in the prior year, the business posted $0.45 EPS. Dean Foods’s revenue for the quarter was up 6.2% on a year-over-year basis. On average, equities analysts predict that Dean Foods will post $1.29 earnings per share for the current year.
Large investors have recently bought and sold shares of the company. Northwestern Mutual Investment Management Company LLC boosted its stake in Dean Foods by 0.3% in the first quarter. Northwestern Mutual Investment Management Company LLC now owns 15,641 shares of the company’s stock valued at $308,000 after buying an additional 45 shares in the last quarter. Capstone Asset Management Co. boosted its stake in Dean Foods by 0.7% in the second quarter. Capstone Asset Management Co. now owns 14,320 shares of the company’s stock valued at $243,000 after buying an additional 100 shares in the last quarter. Clinton Group Inc. boosted its stake in Dean Foods by 0.4% in the first quarter. Clinton Group Inc. now owns 37,120 shares of the company’s stock valued at $730,000 after buying an additional 144 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Dean Foods by 2.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 5,548 shares of the company’s stock valued at $120,000 after buying an additional 145 shares in the last quarter. Finally, Gamco Investors INC. ET AL boosted its stake in Dean Foods by 1.9% in the first quarter. Gamco Investors INC. ET AL now owns 14,437 shares of the company’s stock valued at $284,000 after buying an additional 264 shares in the last quarter.
Dean Foods Company Profile
Dean Foods Company is a food and beverage company. The Company processes and distributes fluid milk, and other dairy and dairy case products in the United States. It is engaged in manufacturing, marketing, selling and distributing a range of branded and private label dairy and dairy case products. It offers branded and private label dairy case products, including fluid milk, ice cream, cultured dairy products, creamers, ice cream mix and other dairy products to retailers, distributors, foodservice outlets, educational institutions and governmental entities across the United States.
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