Dean Foods Company (NYSE:DF)‘s stock had its “buy” rating reiterated by research analysts at Stifel Nicolaus in a research report issued on Thursday. They currently have a $13.00 price objective on the stock, down from their prior price objective of $17.00. Stifel Nicolaus’ price target indicates a potential upside of 14.04% from the stock’s current price.
A number of other equities analysts have also weighed in on DF. Zacks Investment Research upgraded Dean Foods from a “sell” rating to a “hold” rating and set a $22.00 price target for the company in a research report on Monday, April 24th. Jefferies Group LLC reiterated a “buy” rating and issued a $24.00 price target on shares of Dean Foods in a research report on Wednesday, April 26th. TheStreet lowered Dean Foods from a “b” rating to a “c+” rating in a research report on Tuesday, May 9th. Wells Fargo & Company reiterated an “outperform” rating and issued a $25.00 price target (up previously from $24.50) on shares of Dean Foods in a research report on Monday, May 15th. Finally, ValuEngine lowered Dean Foods from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company. Dean Foods presently has an average rating of “Hold” and an average price target of $15.80.
Shares of Dean Foods (DF) opened at 11.40 on Thursday. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of 14.75 and a beta of 0.54. The company has a 50 day moving average of $15.71 and a 200 day moving average of $18.21. Dean Foods has a 52-week low of $11.19 and a 52-week high of $22.31.
Dean Foods (NYSE:DF) last announced its earnings results on Tuesday, August 8th. The company reported $0.21 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by $0.09. Dean Foods had a net margin of 0.70% and a return on equity of 16.63%. The firm had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same period in the prior year, the business earned $0.38 EPS. The company’s quarterly revenue was up 4.2% compared to the same quarter last year. Analysts predict that Dean Foods will post $1.13 EPS for the current fiscal year.
A number of large investors have recently made changes to their positions in DF. Northwestern Mutual Investment Management Company LLC raised its stake in shares of Dean Foods by 1.3% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 15,842 shares of the company’s stock worth $287,000 after buying an additional 201 shares during the last quarter. Pacad Investment Ltd. raised its stake in shares of Dean Foods by 8.3% in the second quarter. Pacad Investment Ltd. now owns 11,800 shares of the company’s stock worth $201,000 after buying an additional 900 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Dean Foods by 63.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,689 shares of the company’s stock worth $981,000 after buying an additional 22,444 shares during the last quarter. Usca Ria LLC raised its stake in shares of Dean Foods by 1.6% in the second quarter. Usca Ria LLC now owns 69,611 shares of the company’s stock worth $1,183,000 after buying an additional 1,103 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in shares of Dean Foods by 18.9% in the second quarter. American Century Companies Inc. now owns 2,692,679 shares of the company’s stock worth $45,776,000 after buying an additional 427,929 shares during 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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