The Whitewave Foods Company (NYSE:WWAV) released its earnings data on Thursday. The company reported $0.19 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.18 by $0.01, Analyst RN reports. The company had revenue of $639.00 million for the quarter, compared to the consensus estimate of $632.19 million. During the same quarter in the previous year, the company posted $0.16 earnings per share. The company’s revenue for the quarter was up 11.1% on a year-over-year basis. The Whitewave Foods Company updated its Q4 guidance to $0.19-0.20 EPS.
WWAV has been the subject of a number of recent research reports. Analysts at Stifel Nicolaus raised their price target on shares of The Whitewave Foods Company from $20.00 to $23.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. On the ratings front, analysts at Credit Suisse initiated coverage on shares of The Whitewave Foods Company in a research note to investors on Friday. They set an “outperform” rating on the stock. Finally, analysts at Credit Suisse initiated coverage on shares of The Whitewave Foods Company in a research note to investors on Friday. They set an “outperform” rating and a $23.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $19.79.
Shares of The Whitewave Foods Company (NYSE:WWAV) opened at 20.00 on Friday. The Whitewave Foods Company has a 52 week low of $14.22 and a 52 week high of $20.63. The stock’s 50-day moving average is $19.57 and its 200-day moving average is $18.50. The company has a market cap of $3.462 billion and a P/E ratio of 33.50.
WWF Operating Company is a consumer packaged food and beverage company. The Company manufactures, markets, distributes, and sells plant-based foods and beverages, coffee creamers and beverages, and dairy products throughout North America and Europe.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.