Equities analysts predict that Dr Pepper Snapple Group Inc. (NYSE:DPS) will post sales of $1.66 billion for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Dr Pepper Snapple Group’s earnings. The highest sales estimate is $1.68 billion and the lowest is $1.65 billion. Dr Pepper Snapple Group posted sales of $1.58 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 5.1%. The firm is scheduled to announce its next earnings results on Tuesday, February 13th.
According to Zacks, analysts expect that Dr Pepper Snapple Group will report full year sales of $1.66 billion for the current year, with estimates ranging from $6.69 billion to $6.72 billion. For the next year, analysts anticipate that the company will post sales of $6.97 billion per share, with estimates ranging from $6.91 billion to $7.03 billion. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that that provide coverage for Dr Pepper Snapple Group.
Dr Pepper Snapple Group (NYSE:DPS) last announced its quarterly earnings results on Wednesday, October 25th. The company reported $1.10 EPS for the quarter, missing the Zacks’ consensus estimate 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 company had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.77 billion. During the same quarter last year, the company posted $1.17 EPS. The firm’s quarterly revenue was up 3.6% on a year-over-year basis.
A number of research analysts recently commented on DPS shares. Jefferies Group decreased their price target on shares of Dr Pepper Snapple Group from $112.00 to $111.00 and set a “buy” rating on the stock in a research note on Friday, October 13th. Zacks Investment Research lowered shares of Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research note on Monday, October 16th. Wells Fargo & Co upgraded shares of Dr Pepper Snapple Group from a “market perform” rating to an “outperform” rating in a research note on Monday, October 23rd. Susquehanna Bancshares set a $89.00 price target on shares of Dr Pepper Snapple Group and gave the company a “hold” rating in a research note on Wednesday, October 25th. Finally, Royal Bank of Canada reiterated a “hold” rating and issued a $91.00 price target on shares of Dr Pepper Snapple Group in a research note on Wednesday, October 25th. Eight equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $102.38.
Large investors have recently made changes to their positions in the business. Amica Retiree Medical Trust acquired a new position in shares of Dr Pepper Snapple Group during the 3rd quarter worth approximately $110,000. Sun Life Financial INC grew its position in shares of Dr Pepper Snapple Group by 13,360.0% during the 2nd quarter. Sun Life Financial INC now owns 1,346 shares of the company’s stock worth $123,000 after purchasing an additional 1,336 shares in the last quarter. Sawyer & Company Inc acquired a new position in shares of Dr Pepper Snapple Group during the 4th quarter worth approximately $205,000. Zeke Capital Advisors LLC acquired a new position in shares of Dr Pepper Snapple Group during the 3rd quarter worth approximately $208,000. Finally, E&G Advisors LP acquired a new position in shares of Dr Pepper Snapple Group during the 3rd quarter worth approximately $227,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.
Dr Pepper Snapple Group (DPS) opened at $96.35 on Friday. Dr Pepper Snapple Group has a 52 week low of $83.23 and a 52 week high of $99.47. The company has a market cap of $17,209.22, a PE ratio of 24.15, a P/E/G ratio of 2.04 and a beta of 0.59. 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 firm also recently announced a quarterly dividend, which was paid on Thursday, January 4th. Shareholders of record on Thursday, December 14th were given a dividend of $0.58 per share. The ex-dividend date was Wednesday, December 13th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.41%. Dr Pepper Snapple Group’s payout ratio is presently 58.15%.
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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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