FY2018 EPS Estimates for Dr Pepper Snapple Group, Inc Cut by Analyst (DPS)

Dr Pepper Snapple Group, Inc (NYSE:DPS) – Equities researchers at Gabelli cut their FY2018 earnings per share (EPS) estimates for shares of Dr Pepper Snapple Group in a report released on Wednesday. Gabelli analyst D. Witkowski now anticipates that the firm will post earnings of $5.15 per share for the year, down from their previous forecast of $5.35. Gabelli also issued estimates for Dr Pepper Snapple Group’s FY2019 earnings at $5.75 EPS and FY2020 earnings at $6.40 EPS.

A number of other research analysts have also weighed in on DPS. Credit Suisse Group reaffirmed a “buy” rating and set a $105.00 target price on shares of Dr Pepper Snapple Group in a report on Thursday. Susquehanna Bancshares Inc reaffirmed a “hold” rating and set a $98.00 target price on shares of Dr Pepper Snapple Group in a report on Thursday, October 27th. Barclays PLC assumed coverage on Dr Pepper Snapple Group in a report on Monday, January 9th. They set an “equal weight” rating and a $87.00 target price for the company. RBC Capital Markets set a $91.00 target price on Dr Pepper Snapple Group and gave the company a “hold” rating in a report on Monday, January 2nd. Finally, Goldman Sachs Group, Inc. (The) raised Dr Pepper Snapple Group from a “sell” rating to a “neutral” rating in a report on Monday, January 9th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $96.00.

Earnings History and Estimates for Dr Pepper Snapple Group (NYSE:DPS)

“FY2018 EPS Estimates for Dr Pepper Snapple Group, Inc Cut by Analyst (DPS)” was first published by Web Breaking News and is the property of of Web Breaking News. If you are reading this piece on another site, it was copied illegally and republished in violation of United States & international copyright legislation. The original version of this piece can be viewed at http://www.webbreakingnews.com/2017/02/17/fy2018-eps-estimates-for-dr-pepper-snapple-group-inc-cut-by-analyst-dps.html.

Dr Pepper Snapple Group (NYSE:DPS) traded down 0.207% on Friday, hitting $93.875. The stock had a trading volume of 703,828 shares. Dr Pepper Snapple Group has a 1-year low of $81.05 and a 1-year high of $98.80. The stock has a market capitalization of $17.19 billion, a price-to-earnings ratio of 20.677 and a beta of 0.55. The company has a 50-day moving average price of $91.30 and a 200-day moving average price of $90.38.

Dr Pepper Snapple Group (NYSE:DPS) last released its quarterly earnings data on Tuesday, February 14th. The company reported $1.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.06 by $0.02. Dr Pepper Snapple Group had a net margin of 13.53% and a return on equity of 38.19%. The firm earned $1.58 billion during the quarter, compared to analyst estimates of $1.57 billion. During the same period in the prior year, the company earned $1.00 EPS. The business’s quarterly revenue was up 2.1% compared to the same quarter last year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 5th. Stockholders of record on Tuesday, March 14th will be given a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.47%. The ex-dividend date is Friday, March 10th. This is an increase from Dr Pepper Snapple Group’s previous quarterly dividend of $0.53. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is 45.99%.

In other news, insider Martin M. Ellen sold 10,000 shares of Dr Pepper Snapple Group stock in a transaction dated Wednesday, February 15th. The stock was sold at an average price of $92.96, for a total transaction of $929,600.00. Following the completion of the sale, the insider now owns 10,000 shares in the company, valued at approximately $929,600. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Philip L. Hancock sold 11,819 shares of Dr Pepper Snapple Group stock in a transaction dated Tuesday, December 6th. The shares were sold at an average price of $87.06, for a total value of $1,028,962.14. Following the sale, the insider now owns 15,531 shares of the company’s stock, valued at approximately $1,352,128.86. The disclosure for this sale can be found here. Company insiders own 0.62% of the company’s stock.

“FY2018 EPS Estimates for Dr Pepper Snapple Group, Inc Cut by Analyst (DPS)” was first published by Web Breaking News and is the property of of Web Breaking News. If you are reading this piece on another site, it was copied illegally and republished in violation of United States & international copyright legislation. The original version of this piece can be viewed at http://www.webbreakingnews.com/2017/02/17/fy2018-eps-estimates-for-dr-pepper-snapple-group-inc-cut-by-analyst-dps.html.

Several hedge funds have recently modified their holdings of the stock. State Street Corp increased its stake in Dr Pepper Snapple Group by 2.7% in the fourth quarter. State Street Corp now owns 8,471,058 shares of the company’s stock worth $768,066,000 after buying an additional 223,019 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Dr Pepper Snapple Group by 6.7% in the third quarter. JPMorgan Chase & Co. now owns 7,262,198 shares of the company’s stock worth $663,113,000 after buying an additional 453,772 shares during the last quarter. BlackRock Institutional Trust Company N.A. increased its stake in Dr Pepper Snapple Group by 1.7% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 6,501,980 shares of the company’s stock worth $593,696,000 after buying an additional 105,905 shares during the last quarter. BlackRock Fund Advisors increased its stake in Dr Pepper Snapple Group by 3.1% in the third quarter. BlackRock Fund Advisors now owns 3,677,074 shares of the company’s stock worth $335,754,000 after buying an additional 111,547 shares during the last quarter. Finally, AQR Capital Management LLC increased its stake in Dr Pepper Snapple Group by 4.6% in the second quarter. AQR Capital Management LLC now owns 2,691,908 shares of the company’s stock worth $260,120,000 after buying an additional 119,014 shares during the last quarter. Hedge funds and other institutional investors own 90.18% of the company’s stock.

About Dr Pepper Snapple Group

Dr Pepper Snapple Group, Inc is an owner, manufacturer and distributor of non-alcoholic beverages in the United States, Canada and Mexico. The Company’s products consist of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers.

5 Day Chart for NYSE:DPS

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

Latest News

Nike Suspends Relationship with Maria Sharapova
Nike Suspends Relationship with Maria Sharapova
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Ron Washington Leaves Texas Rangers Due to an Affair
Ron Washington Leaves Texas Rangers Due to an Affair
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Tony Stewart Case Going to the Grand Jury
Tony Stewart Case Going to the Grand Jury
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder


Leave a Reply

 
© 2006-2017 Web Breaking News.