Dr Pepper Snapple Group Inc. Forecasted to Post Q1 2018 Earnings of $1.07 Per Share (DPS)

Dr Pepper Snapple Group Inc. (NYSE:DPS) – Equities research analysts at Jefferies Group issued their Q1 2018 earnings per share estimates for Dr Pepper Snapple Group in a research note issued to investors on Friday. Jefferies Group analyst K. Grundy forecasts that the company will post earnings of $1.07 per share for the quarter. Jefferies Group currently has a “Hold” rating and a $111.00 target price on the stock. Jefferies Group also issued estimates for Dr Pepper Snapple Group’s Q2 2018 earnings at $1.50 EPS, Q3 2018 earnings at $1.36 EPS, Q4 2018 earnings at $1.37 EPS, FY2018 earnings at $5.30 EPS, FY2019 earnings at $5.70 EPS and FY2020 earnings at $6.12 EPS.

Dr Pepper Snapple Group (NYSE:DPS) last issued its quarterly earnings results on Wednesday, February 14th. The company reported $1.17 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $1.17. Dr Pepper Snapple Group had a return on equity of 37.05% and a net margin of 16.08%. The firm had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same period last year, the company earned $0.90 EPS. Dr Pepper Snapple Group’s quarterly revenue was up 4.1% compared to the same quarter last year.

DPS has been the subject of a number of other reports. BMO Capital Markets reissued a “buy” rating and set a $105.00 price target on shares of Dr Pepper Snapple Group in a research note on Friday, October 27th. Royal Bank of Canada reissued a “hold” rating and set a $91.00 price target on shares of Dr Pepper Snapple Group in a research note on Wednesday, October 25th. Susquehanna Bancshares set a $89.00 price objective on Dr Pepper Snapple Group and gave the stock a “hold” rating in a report on Wednesday, October 25th. Wells Fargo & Co raised their price objective on Dr Pepper Snapple Group from $98.00 to $112.00 and gave the stock an “outperform” rating in a report on Thursday, January 4th. Finally, Morgan Stanley reduced their price objective on Dr Pepper Snapple Group from $104.00 to $96.00 and set an “overweight” rating on the stock in a report on Thursday, October 26th. Thirteen research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $115.14.

Shares of Dr Pepper Snapple Group (NYSE DPS) opened at $116.06 on Monday. Dr Pepper Snapple Group has a one year low of $83.23 and a one year high of $126.65. The company has a current ratio of 0.90, a quick ratio of 0.72 and a debt-to-equity ratio of 1.80. The stock has a market capitalization of $20,692.14, a P/E ratio of 25.41, a P/E/G ratio of 2.18 and a beta of 0.79.

Several large investors have recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in shares of Dr Pepper Snapple Group by 1.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 53,484 shares of the company’s stock valued at $5,191,000 after acquiring an additional 887 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in shares of Dr Pepper Snapple Group by 1.1% in the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 101,370 shares of the company’s stock valued at $9,839,000 after acquiring an additional 1,083 shares during the period. OLD Mutual Customised Solutions Proprietary Ltd. increased its holdings in shares of Dr Pepper Snapple Group by 47.3% in the 4th quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 10,582 shares of the company’s stock valued at $1,027,000 after acquiring an additional 3,400 shares during the period. Banco de Sabadell S.A purchased a new position in shares of Dr Pepper Snapple Group in the 4th quarter valued at $1,213,000. Finally, MetLife Investment Advisors LLC purchased a new position in shares of Dr Pepper Snapple Group in the 4th quarter valued at $5,422,000. Institutional investors and hedge funds own 93.10% of the company’s stock.

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 12th. Stockholders of record on Wednesday, March 21st will be issued a $0.58 dividend. The ex-dividend date is Tuesday, March 20th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.00%. Dr Pepper Snapple Group’s dividend payout ratio is presently 39.32%.

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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.

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

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