Dean Foods Company (NYSE:DF):
Dean Foods Company Announces Upcoming Webcast of Second Quarter 2017 Earnings Conference Call.
The company is down from yesterday’s close of $15.98.
Dean Foods Company also recently declared a dividend that was paid on Thursday June 1st, 2017. The dividend payment was $0.090 per share for the quarter or $0.36 on an annualized basis. The dividend yield was $2.22. The ex-dividend date was Thursday the 18th of May 2017.
Dean Foods Company, launched on September 19, 1994, 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 involved in manufacturing, marketing, selling and distributing a range of branded and private label dairy and dairy case products. The Company 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. It also offers juices, teas and bottled water. As of December 31, 2016, the Company operated 66 manufacturing facilities in 32 states..
Company chares are trading at $15.47 which is just under the 50 day moving average of $18.15 and a tad below the 200 day moving average of $19.42. The 50 day moving average went down by -14.16% and the 200 day average was down $-3.84.
The P/E ratio is 20.16 and market capitalization is 1.42B. As of the latest earnings report the EPS was $0.77 and is expected to be $1.36 for the current year with 90,881,000 shares outstanding. Analysts expect next quarter’s EPS to be $0.45 with next year’s EPS anticipated to be $1.46.
A few brokerage analysts have provided guidance on the company recently. On December 2 analysts at KeyBanc initiated coverage on the stock setting a rating of “Sector Weight”. On February 23, 2016 the stock rating was set at “Hold” according to a BB&T Capital report down from the previous “Buy” rating.
On February 23 Deutsche Bank kept the stock rating at “Buy” and raised the price expectation from $21.00 to $23.00. On February 10 the company was upgraded from “Market Perform” to “Outperform” by analysts at Bernstein.
On February 10 the company was changed to a “Buy” by BB&T Capital a boost from the previous “Hold” rating. Equity analyst Bernstein both upgraded the stock and raised the price target on February 10 boosting the price target from $21.00 to $25.00 and setting the rating at “Outperform” which had previously been “Market Perform”.