Equities analysts forecast that Dean Foods Co (NYSE:DF) will report $1.89 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Dean Foods’ earnings, with the lowest sales estimate coming in at $1.86 billion and the highest estimate coming in at $1.92 billion. Dean Foods reported sales of $1.95 billion in the same quarter last year, which would suggest a negative year-over-year growth rate of 3.1%. The firm is expected to report its next earnings results on Tuesday, August 6th.

On average, analysts expect that Dean Foods will report full year sales of $7.57 billion for the current year, with estimates ranging from $7.47 billion to $7.73 billion. For the next financial year, analysts expect that the company will post sales of $7.39 billion, with estimates ranging from $7.00 billion to $7.92 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow Dean Foods.

Dean Foods (NYSE:DF) last announced its quarterly earnings data 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 firm had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.90 billion. Dean Foods had a negative net margin of 5.13% and a negative return on equity of 21.02%. The business’s quarterly revenue was down 9.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.14 earnings per share.

Several equities analysts have issued reports on the stock. Zacks Investment Research raised shares of Dean Foods from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 30th. Credit Suisse Group set a $3.00 price objective on shares of Dean Foods and gave the company a “sell” rating in a research note on Thursday, February 28th. BMO Capital Markets dropped their price objective on shares of Dean Foods from $7.00 to $5.00 and set a “market perform” rating on the stock in a research note on Thursday, February 28th. Finally, JPMorgan Chase & Co. raised shares of Dean Foods from an “underweight” rating to a “neutral” rating in a research note on Friday, March 8th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $6.00.

Hedge funds and other institutional investors have recently modified their holdings of the business. Oregon Public Employees Retirement Fund purchased a new stake in shares of Dean Foods during the 4th quarter worth $35,000. Sigma Planning Corp purchased a new stake in shares of Dean Foods during the 4th quarter worth $44,000. Susquehanna Fundamental Investments LLC purchased a new stake in shares of Dean Foods during the 4th quarter worth $45,000. Marshall Wace North America L.P. purchased a new stake in shares of Dean Foods during the 1st quarter worth $49,000. Finally, Jane Street Group LLC acquired a new position in Dean Foods during the first quarter worth about $52,000. Institutional investors own 87.47% of the company’s stock.

DF traded down $0.12 during trading on Friday, hitting $1.40. The stock had a trading volume of 2,360,433 shares, compared to its average volume of 3,653,143. The company has a debt-to-equity ratio of 4.86, a quick ratio of 0.84 and a current ratio of 1.22. The stock has a market capitalization of $135.78 million, a P/E ratio of -2.97 and a beta of 0.21. Dean Foods has a twelve month low of $1.45 and a twelve month high of $11.14.

Dean Foods Company Profile

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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