Shares of Dr Pepper Snapple Group (NYSE:DPS) have received a consensus rating of “Hold” from the eighteen analysts that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $119.67.
DPS has been the topic of several research analyst reports. Zacks Investment Research cut shares of Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a report on Wednesday. Credit Suisse Group reissued an “outperform” rating and issued a $128.00 price target (up from $107.00) on shares of Dr Pepper Snapple Group in a report on Wednesday, January 10th. Sanford C. Bernstein reissued a “market perform” rating and issued a $124.00 price target (up from $92.00) on shares of Dr Pepper Snapple Group in a report on Tuesday, January 30th. Wells Fargo cut shares of Dr Pepper Snapple Group from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 30th. Finally, BMO Capital Markets cut shares of Dr Pepper Snapple Group from an “outperform” rating to a “market perform” rating and set a $125.00 price target on the stock. in a report on Thursday, February 1st.
Shares of DPS stock traded down $0.20 on Wednesday, reaching $120.47. The stock had a trading volume of 256,093 shares, compared to its average volume of 2,261,771. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.72 and a current ratio of 0.90. The stock has a market cap of $21,756.22, a price-to-earnings ratio of 26.54, a PEG ratio of 2.19 and a beta of 0.75. Dr Pepper Snapple Group has a 12 month low of $83.23 and a 12 month high of $126.65.
Dr Pepper Snapple Group (NYSE:DPS) last issued its earnings results on Wednesday, February 14th. The company reported $1.17 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.17. The company had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.66 billion. Dr Pepper Snapple Group had a net margin of 16.08% and a return on equity of 37.05%. Dr Pepper Snapple Group’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.90 EPS. sell-side analysts predict that Dr Pepper Snapple Group will post 5.14 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, April 12th. Shareholders of record on Wednesday, March 21st were given a dividend of $0.58 per share. The ex-dividend date was Tuesday, March 20th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.93%. Dr Pepper Snapple Group’s payout ratio is presently 51.10%.
Several large investors have recently made changes to their positions in DPS. Aevitas Wealth Management Inc. acquired a new stake in shares of Dr Pepper Snapple Group during the 4th quarter worth approximately $136,000. James Hambro & Partners bought a new position in Dr Pepper Snapple Group in the 4th quarter valued at approximately $175,000. Sawyer & Company Inc bought a new position in Dr Pepper Snapple Group in the 4th quarter valued at approximately $205,000. Cue Financial Group Inc. bought a new position in Dr Pepper Snapple Group in the 4th quarter valued at approximately $205,000. Finally, Autus Asset Management LLC bought a new position in Dr Pepper Snapple Group in the 4th quarter valued at approximately $213,000. Hedge funds and other institutional investors own 92.74% of the company’s stock.
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Dr Pepper Snapple Group Company Profile
Dr Pepper Snapple Group, Inc manufactures and distributes non-alcoholic beverages in the United States, Mexico and the Caribbean, and Canada. The company operates through three segments: Beverage Concentrates, Packaged Beverages, and Latin America Beverages. It offers flavored carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, mineral and coconut water, and mixers, as well as manufactures and sells Mott's apple sauces.
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