Vertical Group upgraded shares of Dean Foods (NYSE:DF) from a hold rating to a buy rating in a research note published on Monday, January 8th, The Fly reports.
A number of other research analysts have also weighed in on DF. Zacks Investment Research upgraded Dean Foods from a sell rating to a hold rating in a report on Friday, November 10th. Morgan Stanley decreased their price objective on Dean Foods from $10.00 to $9.00 and set an overweight rating on the stock in a report on Wednesday, November 8th. Jefferies Group set a $16.00 price target on Dean Foods and gave the stock a buy rating in a report on Sunday, October 29th. Credit Suisse Group reduced their price target on Dean Foods from $10.00 to $8.50 and set an underperform rating on the stock in a report on Wednesday, November 8th. Finally, BMO Capital Markets reiterated a market perform rating and set a $12.00 price target (down previously from $15.00) on shares of Dean Foods in a report on Wednesday, November 8th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of $13.05.
Shares of Dean Foods (NYSE:DF) traded up $0.06 during trading hours on Monday, reaching $11.34. 2,511,600 shares of the company traded hands, compared to its average volume of 1,406,927. Dean Foods has a one year low of $9.01 and a one year high of $21.34. The company has a current ratio of 1.28, a quick ratio of 0.93 and a debt-to-equity ratio of 1.33. The firm has a market cap of $1,030.00, a P/E ratio of 33.35, a PEG ratio of 1.02 and a beta of 0.59.
Dean Foods (NYSE:DF) last issued its quarterly earnings data on Tuesday, November 7th. The company reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates of $0.20. The business had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.97 billion. Dean Foods had a net margin of 0.53% and a return on equity of 14.04%. The business’s revenue was down 1.4% on a year-over-year basis. During the same quarter last year, the company earned $0.37 EPS. research analysts anticipate that Dean Foods will post 0.81 EPS for the current year.
Several institutional investors have recently added to or reduced their stakes in DF. Fox Run Management L.L.C. acquired a new position in Dean Foods during the fourth quarter worth $321,000. Acadian Asset Management LLC acquired a new position in Dean Foods during the fourth quarter worth $1,178,000. Schwab Charles Investment Management Inc. grew its holdings in Dean Foods by 35.8% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,568,319 shares of the company’s stock worth $18,130,000 after acquiring an additional 413,402 shares during the period. Bank of Montreal Can grew its holdings in Dean Foods by 36.8% during the fourth quarter. Bank of Montreal Can now owns 199,159 shares of the company’s stock worth $2,302,000 after acquiring an additional 53,587 shares during the period. Finally, Americafirst Capital Management LLC acquired a new position in Dean Foods during the third quarter worth $299,000. Institutional investors and hedge funds own 94.08% of the company’s stock.
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About Dean Foods
Dean Foods Company is a food and beverage company. The Company processes and distributes fluid milk, and other dairy and dairy case products in the United States. It is engaged in manufacturing, marketing, selling and distributing a range of branded and private label dairy and dairy case products. It offers branded and private label dairy case products, including fluid milk, ice cream, cultured dairy products, creamers, ice cream mix and other dairy products to retailers, distributors, foodservice outlets, educational institutions and governmental entities across the United States.
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