Dr Pepper Snapple Group, Inc (NYSE:DPS) to Post FY2017 Earnings of $4.54 Per Share, Jefferies Group Forecasts

Dr Pepper Snapple Group, Inc (NYSE:DPS) – Research analysts at Jefferies Group reduced their FY2017 earnings per share (EPS) estimates for Dr Pepper Snapple Group in a report issued on Wednesday, Zacks Investment Research reports. Jefferies Group analyst K. Grundy now anticipates that the company will post earnings of $4.54 per share for the year, down from their prior forecast of $4.57. Jefferies Group has a “Buy” rating and a $111.00 price objective on the stock. Jefferies Group also issued estimates for Dr Pepper Snapple Group’s FY2018 earnings at $4.85 EPS and FY2019 earnings at $5.29 EPS.

Dr Pepper Snapple Group (NYSE:DPS) last released its quarterly earnings data on Wednesday, October 25th. The company reported $1.10 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.16 by ($0.06). The company had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.77 billion. Dr Pepper Snapple Group had a net margin of 11.06% and a return on equity of 37.53%. The company’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.17 EPS.

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A number of other analysts also recently commented on the company. Cowen and Company reissued a “hold” rating and issued a $96.00 price objective on shares of Dr Pepper Snapple Group in a research note on Friday, July 14th. Susquehanna Bancshares Inc set a $96.00 price objective on Dr Pepper Snapple Group and gave the stock a “hold” rating in a research note on Thursday, July 27th. Credit Suisse Group set a $107.00 price objective on Dr Pepper Snapple Group and gave the stock a “buy” rating in a research note on Thursday, July 27th. UBS AG boosted their price objective on Dr Pepper Snapple Group from $98.00 to $99.00 and gave the stock a “neutral” rating in a research note on Friday, July 28th. Finally, BidaskClub lowered Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $99.45.

Shares of Dr Pepper Snapple Group (NYSE DPS) traded up $0.63 during trading on Friday, reaching $86.32. The company’s stock had a trading volume of 767,100 shares, compared to its average volume of 1,194,158. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 2.07. The company has a market cap of $15,470.60, a P/E ratio of 19.48, a P/E/G ratio of 2.16 and a beta of 0.57. Dr Pepper Snapple Group has a 52-week low of $81.05 and a 52-week high of $99.47.

In related news, insider Angela A. Stephens sold 3,160 shares of the business’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $92.51, for a total transaction of $292,331.60. Following the completion of the transaction, the insider now owns 16,913 shares of the company’s stock, valued at approximately $1,564,621.63. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Angela A. Stephens sold 7,700 shares of the business’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $91.12, for a total value of $701,624.00. Following the transaction, the insider now directly owns 6,053 shares of the company’s stock, valued at approximately $551,549.36. The disclosure for this sale can be found here. Insiders own 0.58% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Private Bank & Trust Co. lifted its position in shares of Dr Pepper Snapple Group by 1.0% during the 2nd quarter. Private Bank & Trust Co. now owns 3,184 shares of the company’s stock worth $290,000 after purchasing an additional 30 shares during the last quarter. Greenwood Capital Associates LLC raised its holdings in Dr Pepper Snapple Group by 1.4% in the 2nd quarter. Greenwood Capital Associates LLC now owns 3,534 shares of the company’s stock valued at $322,000 after acquiring an additional 49 shares in the last quarter. Hendley & Co. Inc. raised its holdings in Dr Pepper Snapple Group by 0.3% in the 1st quarter. Hendley & Co. Inc. now owns 16,800 shares of the company’s stock valued at $1,645,000 after acquiring an additional 50 shares in the last quarter. Argent Trust Co raised its holdings in Dr Pepper Snapple Group by 1.1% in the 2nd quarter. Argent Trust Co now owns 5,048 shares of the company’s stock valued at $460,000 after acquiring an additional 55 shares in the last quarter. Finally, Financial Architects Inc raised its holdings in Dr Pepper Snapple Group by 4.8% in the 2nd quarter. Financial Architects Inc now owns 1,322 shares of the company’s stock valued at $121,000 after acquiring an additional 61 shares in the last quarter. 90.73% of the stock is owned by institutional investors and hedge funds.

About Dr Pepper Snapple Group

Dr Pepper Snapple Group, Inc is an integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States, Mexico and Canada. The Company offers a diverse portfolio of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers.

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Earnings History and Estimates for Dr Pepper Snapple Group (NYSE:DPS)

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