Wall Street analysts expect that Dr Pepper Snapple Group Inc. (NYSE:DPS) will report earnings per share of $1.17 for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Dr Pepper Snapple Group’s earnings. The highest EPS estimate is $1.20 and the lowest is $1.16. Dr Pepper Snapple Group posted earnings of $1.04 per share in the same quarter last year, which suggests a positive year over year growth rate of 12.5%. The business is expected to issue its next earnings results on Tuesday, February 13th.
According to Zacks, analysts expect that Dr Pepper Snapple Group will report full-year earnings of $4.53 per share for the current financial year, with EPS estimates ranging from $4.52 to $4.56. For the next financial year, analysts forecast that the business will post earnings of $4.86 per share, with EPS estimates ranging from $4.80 to $5.00. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Dr Pepper Snapple Group.
Dr Pepper Snapple Group (NYSE:DPS) last posted its quarterly earnings data on Wednesday, October 25th. The company reported $1.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.16 by ($0.06). The company had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.77 billion. Dr Pepper Snapple Group had a return on equity of 37.53% and a net margin of 11.06%. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter last year, the company posted $1.17 earnings per share.
A number of brokerages have commented on DPS. Morgan Stanley reduced their price target on shares of Dr Pepper Snapple Group from $104.00 to $96.00 and set an “overweight” rating on the stock in a research report on Thursday, October 26th. Wells Fargo & Company upgraded shares of Dr Pepper Snapple Group from a “market perform” rating to an “outperform” rating in a research report on Monday, October 23rd. Macquarie initiated coverage on shares of Dr Pepper Snapple Group in a report on Friday, September 15th. They issued a “neutral” rating and a $95.00 target price on the stock. BMO Capital Markets restated a “buy” rating and issued a $105.00 target price on shares of Dr Pepper Snapple Group in a report on Wednesday, September 6th. Finally, Royal Bank of Canada restated a “hold” rating and issued a $91.00 target price on shares of Dr Pepper Snapple Group in a report on Wednesday, October 25th. One analyst has rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $99.83.
Dr Pepper Snapple Group (NYSE DPS) traded up $0.07 during mid-day trading on Friday, hitting $94.23. 1,788,436 shares of the company traded hands, compared to its average volume of 1,191,043. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.74 and a current ratio of 0.93. The company has a market capitalization of $16,956.46, a PE ratio of 21.34, a price-to-earnings-growth ratio of 2.36 and a beta of 0.59. Dr Pepper Snapple Group has a one year low of $83.23 and a one year high of $99.47.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 4th. Shareholders of record on Thursday, December 14th will be given a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a yield of 2.46%. The ex-dividend date is Wednesday, December 13th. Dr Pepper Snapple Group’s dividend payout ratio is currently 58.15%.
A number of institutional investors have recently made changes to their positions in DPS. Janney Montgomery Scott LLC lifted its position in Dr Pepper Snapple Group by 5.0% during the second quarter. Janney Montgomery Scott LLC now owns 5,725 shares of the company’s stock valued at $522,000 after buying an additional 272 shares during the period. Advisors Asset Management Inc. raised its position in shares of Dr Pepper Snapple Group by 38.0% in the 2nd quarter. Advisors Asset Management Inc. now owns 43,238 shares of the company’s stock worth $3,939,000 after purchasing an additional 11,902 shares during the last quarter. LMR Partners LLP raised its position in shares of Dr Pepper Snapple Group by 77.2% in the 2nd quarter. LMR Partners LLP now owns 8,065 shares of the company’s stock worth $735,000 after purchasing an additional 3,513 shares during the last quarter. Legal & General Group Plc raised its position in shares of Dr Pepper Snapple Group by 4.7% in the 2nd quarter. Legal & General Group Plc now owns 1,015,876 shares of the company’s stock worth $92,565,000 after purchasing an additional 45,189 shares during the last quarter. Finally, Comerica Bank raised its position in shares of Dr Pepper Snapple Group by 2.0% in the 2nd quarter. Comerica Bank now owns 64,056 shares of the company’s stock worth $5,861,000 after purchasing an additional 1,286 shares during the last quarter. 91.07% of the stock is owned by institutional investors and hedge funds.
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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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