Dr Pepper Snapple Group (DPS) Given Consensus Rating of “Hold” by Brokerages

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.

How to Become a New Pot Stock Millionaire

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.

COPYRIGHT VIOLATION WARNING: This article was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this article on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this article can be viewed at https://www.dispatchtribunal.com/2018/04/18/dr-pepper-snapple-group-dps-given-consensus-rating-of-hold-by-brokerages.html.

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.

Analyst Recommendations for Dr Pepper Snapple Group (NYSE:DPS)

Receive News & Ratings for Dr Pepper Snapple Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dr Pepper Snapple Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply