Other equities research analysts have also recently issued reports about the stock. Analysts at Stifel Nicolaus upgraded shares of Dean Foods from a “hold” rating to a “buy” rating in a research note to investors on Friday, March 8th. They now have a $21.00 price target on the stock. Separately, analysts at Credit Suisse upgraded shares of Dean Foods from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, March 6th. They now have a $21.00 price target on the stock, up previously from $18.00. Finally, analysts at KeyBanc Capital Mkts upgraded shares of Dean Foods from a “hold” rating to a “buy” rating in a research note to investors on Monday, March 4th. They now have a $21.00 price target on the stock.
Nine research analysts have rated the stock with a buy rating, two have given an overweight rating, and five have given a hold rating to the stock. The stock presently has an average rating of “overweight” and a consensus target price of $20.67.
Dean Foods traded up 0.71% on Thursday, hitting $18.33. Dean Foods has a 52-week low of $11.45 and a 52-week high of $19.17. The stock’s 50-day moving average is currently $17.4. The company has a market cap of $3.408 billion and a price-to-earnings ratio of 21.31.
Dean Foods last issued its quarterly earnings data on Wednesday, February 13th. The company reported $0.40 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.30 by $0.10. The company had revenue of $3.04 million for the quarter, compared to the consensus estimate of $3.37 million. During the same quarter last year, the company posted $0.27 earnings per share. Dean Foods’s revenue was up 3.7% compared to the same quarter last year. Dean Foods has set its Q1 guidance at $0.22-0.27 EPS and its FY13 guidance at $1.00-1.10 EPS. On average, analysts predict that Dean Foods will post $1.11 earnings per share for the current fiscal year.
Dean Foods Company is a food and beverage company. The Company operates through two segments: Fresh Dairy Direct and WhiteWave-Morningstar.
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