Dean Foods Co. (DF) Given Average Recommendation of “Hold” by Analysts
Dean Foods Co. (NYSE:DF) has received an average recommendation of “Hold” from the fourteen ratings firms that are presently covering the firm. Two research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $20.67.
A number of analysts have recently issued reports on the company. Jefferies Group reaffirmed a “buy” rating and issued a $23.00 price target on shares of Dean Foods in a research note on Wednesday, August 31st. Zacks Investment Research lowered Dean Foods from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 12th. TheStreet lowered Dean Foods from a “buy” rating to a “hold” rating in a research note on Wednesday, August 10th. Finally, Credit Suisse Group AG reaffirmed a “sell” rating on shares of Dean Foods in a research note on Tuesday, August 9th.
Large investors have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio increased its stake in Dean Foods by 17.0% in the second quarter. Public Employees Retirement System of Ohio now owns 7,616 shares of the company’s stock worth $138,000 after buying an additional 1,104 shares in the last quarter. C M Bidwell & Associates Ltd. acquired a new stake in Dean Foods during the first quarter worth approximately $155,000. Ropes Wealth Advisors LLC acquired a new stake in Dean Foods during the second quarter worth approximately $172,000. Janney Montgomery Scott LLC acquired a new stake in Dean Foods during the second quarter worth approximately $174,000. Finally, First Allied Advisory Services Inc. acquired a new stake in Dean Foods during the second quarter worth approximately $182,000.
Dean Foods (NYSE:DF) opened at 16.73 on Friday. The company has a market cap of $1.51 billion, a P/E ratio of 13.87 and a beta of 0.36. The firm has a 50-day moving average price of $16.45 and a 200 day moving average price of $17.49. Dean Foods has a 12 month low of $15.69 and a 12 month high of $21.17.
Dean Foods (NYSE:DF) last issued its quarterly earnings results on Monday, August 8th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.40 by $0.02. The firm earned $1.85 billion during the quarter, compared to analyst estimates of $1.84 billion. Dean Foods had a return on equity of 24.57% and a net margin of 1.43%. The business’s revenue was down 8.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.33 earnings per share. Equities research analysts predict that Dean Foods will post $1.56 EPS for the current year.
Dean Foods Company Profile
Dean Foods Company is a food and beverage company. The Company processes and distributes fluid milk and other dairy case products in the United States. The Company operates through manufacturing, marketing, selling and distributing a wide variety of branded and private label dairy case product segment.
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