Dean Foods (NYSE:DF) posted its quarterly earnings data on Monday. The company reported $0.25 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.26 by ($0.01), RTT News reports. Dean Foods had a return on equity of 14.04% and a net margin of 0.53%. The firm had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.96 billion. During the same period last year, the company earned $0.38 earnings per share. The business’s revenue for the quarter was down 4.1% compared to the same quarter last year. Dean Foods updated its FY18 guidance to $0.55-$0.80 EPS.
Dean Foods (NYSE:DF) opened at $9.14 on Monday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.93 and a current ratio of 1.28. Dean Foods has a one year low of $9.01 and a one year high of $20.10. The stock has a market cap of $922.56, a P/E ratio of 29.79, a PEG ratio of 0.89 and a beta of 0.39.
A number of research firms recently weighed in on DF. Zacks Investment Research lowered shares of Dean Foods from a “buy” rating to a “hold” rating in a research report on Tuesday, February 13th. BMO Capital Markets reissued a “market perform” rating and issued a $12.00 price objective (down from $15.00) on shares of Dean Foods in a research report on Wednesday, November 8th. ValuEngine lowered shares of Dean Foods from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Morgan Stanley reduced their target price on shares of Dean Foods from $10.00 to $9.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 8th. Finally, Credit Suisse Group reduced their target price on shares of Dean Foods from $10.00 to $8.50 and set an “underperform” rating on the stock in a research report on Wednesday, November 8th. Three investment analysts have rated the stock with a sell rating, seven have assigned 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 target price of $13.05.
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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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