Dr Pepper Snapple Group, Inc (NYSE:DPS) updated its FY17 earnings guidance on Wednesday. The company provided earnings per share guidance of $4.50-4.57 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.58. The company issued revenue guidance of +4.5% to ~$6.7-6.76 billion, compared to the consensus revenue estimate of $6.74 billion.
A number of equities analysts have commented on the company. Stifel Nicolaus lowered their price objective on Dr Pepper Snapple Group from $114.00 to $106.00 and set a buy rating on the stock in a research note on Thursday, October 26th. BMO Capital Markets restated a buy rating and set a $105.00 price objective on shares of Dr Pepper Snapple Group in a research note on Friday, October 27th. BidaskClub upgraded Dr Pepper Snapple Group from a sell rating to a hold rating in a research note on Thursday, August 17th. Jefferies Group LLC reiterated a buy rating and issued a $112.00 price target on shares of Dr Pepper Snapple Group in a research note on Tuesday, August 1st. Finally, Susquehanna Bancshares Inc set a $89.00 price target on Dr Pepper Snapple Group and gave the company a hold rating in a research note on Wednesday, October 25th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus target price of $99.45.
Shares of Dr Pepper Snapple Group, Inc (DPS) traded up $0.63 during trading hours on Friday, hitting $86.32. The stock had a trading volume of 767,100 shares, compared to its average volume of 1,194,158. The firm has a market cap of $15,470.60, a P/E ratio of 19.48, a price-to-earnings-growth ratio of 2.16 and a beta of 0.57. The company has a debt-to-equity ratio of 2.07, a current ratio of 0.93 and a quick ratio of 0.74. Dr Pepper Snapple Group, Inc has a 12 month low of $81.05 and a 12 month high of $99.47.
Dr Pepper Snapple Group (NYSE:DPS) last issued its earnings results on Wednesday, October 25th. The company reported $1.10 EPS for the quarter, missing analysts’ consensus estimates of $1.16 by ($0.06). Dr Pepper Snapple Group had a net margin of 11.06% and a return on equity of 37.53%. The firm had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same period in the previous year, the firm earned $1.17 earnings per share. The business’s quarterly revenue was up 3.6% on a year-over-year basis. research analysts predict that Dr Pepper Snapple Group, Inc will post 4.54 EPS for the current fiscal year.
In other Dr Pepper Snapple Group news, insider Angela A. Stephens sold 7,700 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $91.12, for a total transaction of $701,624.00. Following the completion of the sale, the insider now directly owns 6,053 shares of the company’s stock, valued at approximately $551,549.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Angela A. Stephens sold 3,160 shares of the business’s stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $92.51, for a total value of $292,331.60. Following the sale, the insider now directly owns 16,913 shares of the company’s stock, valued at $1,564,621.63. The disclosure for this sale can be found here. Insiders own 0.58% of the company’s stock.
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Dr Pepper Snapple Group Company Profile
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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