Dr Pepper Snapple Group (DPS) Receiving Very Positive Media Coverage, Study Finds
News stories about Dr Pepper Snapple Group (NYSE:DPS) have trended very positive on Friday, AlphaOne reports. The research firm, a subsidiary of Accern, scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Dr Pepper Snapple Group earned a daily sentiment score of 0.50 on AlphaOne’s scale. AlphaOne also gave headlines about the company an impact score of 68 out of 100, indicating that recent press coverage is likely to have an effect on the stock’s share price in the next few days.
These are some of the headlines that may have impacted AlphaOne Sentiment’s scoring:
- BRIEF-Dr Pepper Snapple Group says commenced cash tender offers for its 7.45% senior notes due 2038, 6.82% senior notes due 2018 (reuters.com)
- Form 4 Dr Pepper Snapple Group, For: May 18 Filed by: ROCHE JOYCE M (streetinsider.com)
- DR PEPPER SNAPPLE GROUP, INC. : Change in Directors or Principal Officers, Submission of Matters to a Vote of Security Holders (form 8-K) (4-traders.com)
- Dr Pepper Snapple Group Announces Commencement Of Cash Tender Offers For Its 7.45% Senior Notes Due 2038 And 6.82% Senior Notes Due 2018 (finance.yahoo.com)
- Dr Pepper Snapple Group, Inc. (NYSE:DPS) Quant Investor Update – Pearson Press (pearsonnewspress.com)
Dr Pepper Snapple Group (NYSE:DPS) traded up 0.54% during trading on Friday, hitting $90.92. The stock had a trading volume of 1,624,437 shares. The company has a market cap of $16.71 billion, a price-to-earnings ratio of 20.01 and a beta of 0.55. Dr Pepper Snapple Group has a 52-week low of $81.05 and a 52-week high of $99.47. The company has a 50-day moving average price of $94.40 and a 200-day moving average price of $91.74.
Dr Pepper Snapple Group (NYSE:DPS) last posted its quarterly earnings results on Wednesday, April 26th. The company reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.05. The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.55 billion. Dr Pepper Snapple Group had a net margin of 13.53% and a return on equity of 38.19%. Dr Pepper Snapple Group’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.94 earnings per share. Equities research analysts forecast that Dr Pepper Snapple Group will post $4.64 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 6th. Investors of record on Wednesday, June 14th will be given a dividend of $0.58 per share. The ex-dividend date is Monday, June 12th. This represents a $2.32 dividend on an annualized basis and a yield of 2.57%. Dr Pepper Snapple Group’s payout ratio is presently 45.99%.
Several analysts have recently commented on DPS shares. Zacks Investment Research downgraded Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research note on Monday, February 6th. Jefferies Group LLC reaffirmed a “buy” rating on shares of Dr Pepper Snapple Group in a research report on Friday, March 24th. Credit Suisse Group AG initiated coverage on Dr Pepper Snapple Group in a research report on Wednesday, February 8th. They set an “outperform” rating and a $105.00 price target for the company. Barclays PLC reaffirmed a “hold” rating and set a $99.00 price target on shares of Dr Pepper Snapple Group in a research report on Friday, April 28th. Finally, Morgan Stanley raised Dr Pepper Snapple Group from an “equal weight” rating to an “overweight” rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $98.33.
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In other Dr Pepper Snapple Group news, insider Rodger L. Collins sold 39,017 shares of the business’s stock in a transaction dated Wednesday, February 22nd. The shares were sold at an average price of $94.49, for a total value of $3,686,716.33. Following the transaction, the insider now directly owns 120,412 shares in the company, valued at approximately $11,377,729.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Larry D. Young sold 39,171 shares of the business’s stock in a transaction dated Wednesday, March 15th. The shares were sold at an average price of $95.13, for a total transaction of $3,726,337.23. Following the completion of the transaction, the chief executive officer now owns 228,495 shares in the company, valued at $21,736,729.35. The disclosure for this sale can be found here. Insiders have sold 412,366 shares of company stock worth $38,983,630 over the last 90 days. 0.62% of the stock is currently owned by company insiders.
Dr Pepper Snapple Group Company Profile
Dr Pepper Snapple Group, Inc is an integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States, Mexico and Canada. The Company offers a diverse portfolio of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers.
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