Dean Foods Co (NYSE:DF) has earned a consensus recommendation of “Hold” from the nine research firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $4.75.
Several analysts have recently issued reports on DF shares. ValuEngine raised Dean Foods from a “sell” rating to a “hold” rating in a report on Thursday. Zacks Investment Research raised Dean Foods from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 30th.
DF opened at $1.65 on Tuesday. The firm has a market cap of $140.37 million, a price-to-earnings ratio of -3.51 and a beta of 0.37. Dean Foods has a 52-week low of $0.87 and a 52-week high of $9.96. The company has a current ratio of 1.22, a quick ratio of 0.84 and a debt-to-equity ratio of 4.86. The stock’s fifty day moving average is $1.10.
Dean Foods (NYSE:DF) last released its earnings results on Tuesday, May 7th. The company reported ($0.41) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.22) by ($0.19). The company had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.90 billion. Dean Foods had a negative return on equity of 21.02% and a negative net margin of 5.13%. The business’s revenue for the quarter was down 9.3% compared to the same quarter last year. During the same period last year, the company posted $0.14 earnings per share. As a group, equities analysts anticipate that Dean Foods will post -0.7 EPS for the current year.
Several hedge funds have recently made changes to their positions in DF. Advisory Services Network LLC bought a new stake in shares of Dean Foods during the 2nd quarter worth $26,000. Marshall Wace North America L.P. bought a new position in Dean Foods in the first quarter valued at about $49,000. Magnus Financial Group LLC bought a new position in Dean Foods in the first quarter valued at about $55,000. Public Employees Retirement System of Ohio bought a new position in Dean Foods in the fourth quarter valued at about $58,000. Finally, CWM Advisors LLC raised its position in Dean Foods by 42.0% in the fourth quarter. CWM Advisors LLC now owns 21,162 shares of the company’s stock valued at $81,000 after purchasing an additional 6,254 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.
About Dean Foods
Dean Foods Co engages in the manufacture, sale and direct-to-store distribution of fluid milk and other dairy & dairy case products. Its portfolio include the DairyPure and TruMoo brands, along with other regional dairy brands such as Alta Dena, Berkeley Farms, Country Fresh, Dean’s, Friendly’s, Garelick Farms, LAND O LAKES milk and cultured products, Lehigh Valley Dairy Farms, Mayfield, McArthur, Meadow Gold, Oak Farms, PET, T.G.
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