Dean Foods Co (NYSE:DF) has been given a consensus rating of “Hold” by the sixteen research firms that are presently covering the company, Marketbeat Ratings reports. Six research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $10.35.
Several research analysts have commented on DF shares. BMO Capital Markets reissued a “market perform” rating and set a $10.00 price objective (down previously from $12.00) on shares of Dean Foods in a report on Tuesday, February 27th. Zacks Investment Research raised shares of Dean Foods from a “sell” rating to a “hold” rating in a report on Friday, May 11th. Stifel Nicolaus dropped their price objective on shares of Dean Foods from $12.00 to $9.00 and set a “hold” rating for the company in a report on Tuesday, February 27th. Goldman Sachs Group downgraded shares of Dean Foods from a “neutral” rating to a “sell” rating and dropped their price objective for the company from $10.00 to $8.00 in a report on Monday, April 16th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $13.00 price objective on shares of Dean Foods in a report on Monday, February 26th.
In other Dean Foods news, major shareholder Value Vals Ag Vv purchased 15,287 shares of the stock in a transaction that occurred on Thursday, May 17th. The stock was purchased at an average price of $10.25 per share, with a total value of $156,691.75. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.20% of the stock is currently owned by company insiders.
A number of institutional investors have recently bought and sold shares of DF. US Bancorp DE raised its position in Dean Foods by 333.5% in the 1st quarter. US Bancorp DE now owns 11,912 shares of the company’s stock worth $103,000 after purchasing an additional 9,164 shares during the period. Raymond James & Associates purchased a new stake in Dean Foods in the 4th quarter worth about $122,000. MANA Advisors LLC purchased a new stake in Dean Foods in the 4th quarter worth about $195,000. Trexquant Investment LP purchased a new stake in Dean Foods in the 1st quarter worth about $197,000. Finally, Mackay Shields LLC purchased a new stake in Dean Foods in the 1st quarter worth about $197,000. 81.91% of the stock is currently owned by institutional investors.
Shares of Dean Foods stock opened at $10.59 on Monday. The firm has a market capitalization of $967.34 million, a P/E ratio of 13.24, a PEG ratio of 1.25 and a beta of 0.59. The company has a quick ratio of 1.14, a current ratio of 1.60 and a debt-to-equity ratio of 1.39. Dean Foods has a fifty-two week low of $8.14 and a fifty-two week high of $17.93.
Dean Foods (NYSE:DF) last issued its earnings results on Tuesday, May 8th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.02. The company had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.84 billion. Dean Foods had a net margin of 0.91% and a return on equity of 11.68%. Dean Foods’s quarterly revenue was down .8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.13 EPS. sell-side analysts forecast that Dean Foods will post 0.64 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, May 31st. Investors of record on Monday, May 21st were issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.40%. The ex-dividend date was Friday, May 18th. Dean Foods’s payout ratio is 45.00%.
Dean Foods Company Profile
Dean Foods Company, a food and beverage company, processes and distributes milk, and other dairy and dairy case products in the United States. The company manufactures, markets, and distributes various branded and private label dairy, and diary case products, such as fluid milk, ice creams, cultured dairy products, creamers, ice cream mixes, and other dairy products; and juices, teas, bottled water, and other products.
Receive News & Ratings for Dean Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dean Foods and related companies with MarketBeat.com's FREE daily email newsletter.