Dr. Pepper Snapple Group, Inc. Announces 1% Increase In Q4 Earnings
- Author: Zachary Reyes Feb 15, 2017,
Feb 15, 2017, 5:19
The Plano, TX-based beverage giant reported Q4 EPS of $1.04, which was $0.02 worse than the Wall Street consensus estimate of $1.06.
At the moment 20 analysts are watching Dr Pepper Snapple Group, Inc (NASDAQ:DPS), 1 rate it "Buy", 2 "Outperform", 16 "Underperform", 1 "Sell", while 0 "Hold". The companys revenue was up 3.1% compared to the same quarter previous year. Revenue of $1.58 billion for the period was slightly above forecasts. (NYSE:DPS) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 0.41% to $93.56. The stock opened for trading at $93.2 and hit $93.86 on the upside, eventually ending the session at $93.56, with a gain of 0.41% or 0.38 points.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 5th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date of this dividend is Friday, March 10th. Credit Suisse Group assumed coverage on shares of Dr Pepper Snapple Group in a report on Wednesday. (The) upgraded shares of Dr Pepper Snapple Group from a "sell" rating to a "neutral" rating in a report on Monday, January 9th. If you are reading this article on another domain, it was stolen and reposted in violation of USA & worldwide trademark & copyright legislation. Zacks Investment Research cut shares of Dr Pepper Snapple Group from a "hold" rating to a "sell" rating in a report on Monday.
Fewer analysts at Reuters have a buy or better ratings (3) on the Dr Pepper Snapple Group, Inc. stock than those who have a hold (16) rating while the 12-month target price suggested by the average analysts is $94.88. Goldman Sachs Group, Inc. Barclays PLC initiated coverage on Dr Pepper Snapple Group in a research note on Monday, January 9th. Finally, RBC Capital Markets set a $91.00 price target on shares of Dr Pepper Snapple Group and gave the stock a "hold" rating in a report on Monday, January 2nd.
Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. The highest and lowest price target given by the brokerage firms to the equity are $105 and $86, respectively. Following the transaction, the insider now owns 15,531 shares in the company, valued at approximately $1,352,128.86. "Has $35,489,000 Stake in Dr Pepper Snapple Group, Inc (DPS)" was first posted by Community Financial News and is the property of of Community Financial News. The shares were sold at an average price of $87.06, for a total transaction of $1,028,962.14. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The company's P/E is 0 and Forward P/E ratio is 96.33. Expected growth of Dr Pepper Snapple Group, Inc. They manufacture, market and distribute more than 50 brands of carbonated soft drinks, juices, ready to drink teas, mixers and other premium beverages across the United States, Canada, Mexico and the Caribbean.