Other research analysts have also issued research reports about the stock. TheStreet lowered shares of Dean Foods from a b rating to a c+ rating in a research report on Tuesday, May 9th. Credit Suisse Group reissued an underperform rating and set a $14.00 target price (down previously from $18.00) on shares of Dean Foods in a research report on Wednesday, July 12th. Sanford C. Bernstein lowered shares of Dean Foods from a market perform rating to an underperform rating and cut their target price for the stock from $18.00 to $13.00 in a research report on Thursday, July 27th. Zacks Investment Research lowered shares of Dean Foods from a hold rating to a sell rating in a research report on Wednesday, May 17th. Finally, ValuEngine lowered shares of Dean Foods from a buy rating to a hold rating in a research report on Friday, June 2nd. Four analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of $18.25.
Dean Foods (DF) traded down 5.31% during mid-day trading on Tuesday, hitting $11.23. The stock had a trading volume of 5,194,368 shares. Dean Foods has a 12-month low of $11.20 and a 12-month high of $22.31. The firm has a market cap of $1.02 billion, a PE ratio of 14.53 and a beta of 0.54. The company has a 50-day moving average of $16.16 and a 200-day moving average of $18.39.
Dean Foods (NYSE:DF) last released its earnings results on Tuesday, August 8th. The company reported $0.21 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.30 by $0.09. The firm had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.94 billion. Dean Foods had a return on equity of 19.34% and a net margin of 0.91%. The firm’s revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.38 EPS. Analysts expect that Dean Foods will post $1.13 earnings per share for the current year.
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Hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. boosted its stake in Dean Foods by 12,150.7% in the first quarter. BlackRock Inc. now owns 11,254,859 shares of the company’s stock worth $221,271,000 after buying an additional 11,162,988 shares during the last quarter. American Century Companies Inc. boosted its stake in Dean Foods by 474.7% in the first quarter. American Century Companies Inc. now owns 2,264,750 shares of the company’s stock worth $44,525,000 after buying an additional 1,870,672 shares during the last quarter. Point72 Asset Management L.P. boosted its stake in Dean Foods by 672.6% in the first quarter. Point72 Asset Management L.P. now owns 1,158,942 shares of the company’s stock worth $22,785,000 after buying an additional 1,008,942 shares during the last quarter. FMR LLC boosted its stake in Dean Foods by 87.9% in the first quarter. FMR LLC now owns 1,919,576 shares of the company’s stock worth $37,739,000 after buying an additional 897,824 shares during the last quarter. Finally, First Eagle Investment Management LLC boosted its stake in Dean Foods by 113.9% in the first quarter. First Eagle Investment Management LLC now owns 1,260,380 shares of the company’s stock worth $24,779,000 after buying an additional 671,195 shares during the last quarter.
Dean Foods Company Profile
Dean Foods Company is a food and beverage company. The Company processes and distributes fluid milk, and other dairy and dairy case products in the United States. It is engaged in manufacturing, marketing, selling and distributing a range of branded and private label dairy and dairy case products. It offers branded and private label dairy case products, including fluid milk, ice cream, cultured dairy products, creamers, ice cream mix and other dairy products to retailers, distributors, foodservice outlets, educational institutions and governmental entities across the United States.
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