Dean Foods Co (NYSE:DF) has been given a consensus rating of “Hold” by the nine brokerages that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $4.75.
A number of equities research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Dean Foods from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 30th. JPMorgan Chase & Co. upgraded shares of Dean Foods from an “underweight” rating to a “neutral” rating in a research note on Friday, March 8th. Credit Suisse Group set a $3.00 target price on shares of Dean Foods and gave the company a “sell” rating in a research note on Thursday, February 28th. Finally, BMO Capital Markets decreased their target price on shares of Dean Foods from $7.00 to $5.00 and set a “market perform” rating for the company in a research note on Thursday, February 28th.
Hedge funds have recently modified their holdings of the company. Sigma Planning Corp bought a new position in Dean Foods in the 4th quarter worth $44,000. Susquehanna Fundamental Investments LLC bought a new position in shares of Dean Foods during the 4th quarter valued at about $45,000. SG Americas Securities LLC boosted its holdings in shares of Dean Foods by 100.9% during the 4th quarter. SG Americas Securities LLC now owns 13,862 shares of the company’s stock valued at $53,000 after purchasing an additional 1,591,078 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Dean Foods during the 4th quarter valued at about $58,000. Finally, Marshall Wace North America L.P. bought a new position in shares of Dean Foods during the 1st quarter valued at about $49,000. 89.95% of the stock is owned by hedge funds and other institutional investors.
Shares of NYSE DF opened at $1.87 on Thursday. The company has a market capitalization of $179.82 million, a P/E ratio of -3.98 and a beta of 0.21. The company has a quick ratio of 0.84, a current ratio of 1.22 and a debt-to-equity ratio of 4.86. Dean Foods has a twelve month low of $1.45 and a twelve month high of $11.14.
Dean Foods (NYSE:DF) last announced its earnings results on Tuesday, May 7th. The company reported ($0.41) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.19). The company had revenue of $1.80 billion for the quarter, compared to analysts’ expectations of $1.90 billion. Dean Foods had a negative net margin of 5.13% and a negative return on equity of 21.02%. Dean Foods’s quarterly revenue was down 9.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.14 earnings per share. Sell-side analysts expect that Dean Foods will post -0.6 earnings per share for the current fiscal year.
About Dean Foods
Dean Foods Co engages in the manufacture, sale and direct-to-store distribution of fluid milk and other dairy & dairy case products. Its portfolio include the DairyPure and TruMoo brands, along with other regional dairy brands such as Alta Dena, Berkeley Farms, Country Fresh, Dean’s, Friendly’s, Garelick Farms, LAND O LAKES milk and cultured products, Lehigh Valley Dairy Farms, Mayfield, McArthur, Meadow Gold, Oak Farms, PET, T.G.
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