Dean Foods Company Forecasted to Earn Q1 2018 Earnings of $0.19 Per Share (DF)

Dean Foods Company (NYSE:DF) – Analysts at Jefferies Group issued their Q1 2018 earnings per share (EPS) estimates for Dean Foods in a research report issued on Wednesday. Jefferies Group analyst A. Jagdale anticipates that the company will post earnings of $0.19 per share for the quarter. Jefferies Group currently has a “Buy” rating and a $16.00 target price on the stock. Jefferies Group also issued estimates for Dean Foods’ Q2 2018 earnings at $0.21 EPS, Q3 2018 earnings at $0.26 EPS, Q4 2018 earnings at $0.28 EPS, Q1 2019 earnings at $0.22 EPS, Q2 2019 earnings at $0.25 EPS, Q3 2019 earnings at $0.29 EPS and FY2020 earnings at $1.21 EPS.

Dean Foods (NYSE:DF) last issued its quarterly earnings data on Tuesday, November 7th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.20. Dean Foods had a net margin of 0.53% and a return on equity of 14.04%. The firm had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.97 billion. During the same quarter in the previous year, the firm posted $0.37 EPS. The company’s revenue for the quarter was down 1.4% compared to the same quarter last year.

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Several other brokerages also recently weighed in on DF. ValuEngine raised shares of Dean Foods from a “hold” rating to a “buy” rating in a report on Tuesday, August 8th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $13.00 target price (down previously from $17.00) on shares of Dean Foods in a report on Thursday, August 10th. Stephens downgraded shares of Dean Foods from an “overweight” rating to an “equal weight” rating and set a $22.00 target price for the company. in a report on Tuesday, August 8th. Vertical Research downgraded shares of Dean Foods from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Finally, Zacks Investment Research raised shares of Dean Foods from a “strong sell” rating to a “hold” rating in a report on Thursday, July 27th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. Dean Foods presently has a consensus rating of “Hold” and a consensus price target of $13.06.

Shares of Dean Foods (NYSE DF) opened at $9.61 on Monday. Dean Foods has a 1 year low of $9.01 and a 1 year high of $22.31. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.93 and a current ratio of 1.28. The stock has a market cap of $867.91, a price-to-earnings ratio of 10.36, a PEG ratio of 1.68 and a beta of 0.53.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. boosted its holdings in shares of Dean Foods by 13.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,670 shares of the company’s stock valued at $111,000 after purchasing an additional 686 shares during the last quarter. Flinton Capital Management LLC boosted its holdings in shares of Dean Foods by 60.6% during the 2nd quarter. Flinton Capital Management LLC now owns 6,448 shares of the company’s stock valued at $110,000 after purchasing an additional 2,432 shares during the last quarter. Riverhead Capital Management LLC boosted its holdings in shares of Dean Foods by 62.0% during the 2nd quarter. Riverhead Capital Management LLC now owns 7,128 shares of the company’s stock valued at $121,000 after purchasing an additional 2,728 shares during the last quarter. LS Investment Advisors LLC boosted its holdings in shares of Dean Foods by 17.5% during the 2nd quarter. LS Investment Advisors LLC now owns 7,275 shares of the company’s stock valued at $124,000 after purchasing an additional 1,081 shares during the last quarter. Finally, Advisor Group Inc. boosted its holdings in shares of Dean Foods by 40.7% during the 2nd quarter. Advisor Group Inc. now owns 7,857 shares of the company’s stock valued at $133,000 after purchasing an additional 2,271 shares during the last quarter. 96.57% of the stock is owned by institutional investors and hedge funds.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 5th. Shareholders of record on Monday, November 20th will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 3.75%. The ex-dividend date is Friday, November 17th. Dean Foods’s dividend payout ratio (DPR) is presently 78.26%.

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.

Earnings History and Estimates for Dean Foods (NYSE:DF)

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