Dean Foods (DF) Getting Somewhat Favorable News Coverage, Report Shows
Media stories about Dean Foods (NYSE:DF) have been trending somewhat positive on Thursday, Alpha One Sentiment reports. The research group, a service of Accern, identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Dean Foods earned a daily sentiment score of 0.15 on Alpha One’s scale. Alpha One also assigned media stories about the company an impact score of 25 out of 100, indicating that recent press coverage is very unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have effected Alpha One’s rankings:
- Dean Foods and KRAFT Macaroni & Cheese Announce Pure Love Partnership – The Daily Meal (thedailymeal.com)
- Analysts See $0.31 EPS for Liberty Sirius XM Group (LSXMK), Dean … – UtahHerald.com (utahherald.com)
- Quarterly Financial Watch for Dean Foods Company (NYSE:DF) – The Newburgh Press (newburghpress.com)
- Dean Foods and KRAFT Macaroni & Cheese Announce Pure Love … – PR Newswire (press release) (prnewswire.com)
Several research firms have recently commented on DF. Sanford C. Bernstein downgraded Dean Foods from an “outperform” rating to a “market perform” rating and increased their price objective for the company from $21.31 to $22.00 in a report on Thursday, January 19th. Zacks Investment Research downgraded Dean Foods from a “buy” rating to a “hold” rating in a report on Tuesday, January 10th. Morgan Stanley raised Dean Foods from a “neutral” rating to an “overweight” rating in a report on Friday, March 17th. JPMorgan Chase & Co. raised Dean Foods from a “neutral” rating to an “overweight” rating and set a $22.00 price objective for the company in a report on Friday, March 17th. Finally, Vertical Research upgraded Dean Foods from a “hold” rating to a “buy” rating in a research note on Tuesday, February 28th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the stock. Dean Foods presently has an average rating of “Hold” and a consensus target price of $22.00.
Shares of Dean Foods (NYSE:DF) traded up 1.68% on Thursday, hitting $19.95. The company had a trading volume of 1,098,290 shares. The company has a 50 day moving average price of $19.10 and a 200 day moving average price of $19.32. Dean Foods has a 1-year low of $15.69 and a 1-year high of $22.31. The firm has a market capitalization of $1.81 billion, a price-to-earnings ratio of 15.21 and a beta of 0.28.
Dean Foods (NYSE:DF) last announced its earnings results on Thursday, February 16th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by $0.03. The business earned $2.02 billion during the quarter, compared to the consensus estimate of $2.01 billion. Dean Foods had a return on equity of 24.87% and a net margin of 1.37%. Dean Foods’s revenue was down .2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.36 earnings per share. On average, equities analysts forecast that Dean Foods will post $1.40 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 29th. Shareholders of record on Monday, March 20th were paid a $0.09 dividend. The ex-dividend date was Thursday, March 16th. This represents a $0.36 dividend on an annualized basis and a yield of 1.80%. Dean Foods’s dividend payout ratio is currently 31.30%.
In other Dean Foods news, Director J Wayne Mailloux sold 3,033 shares of the company’s stock in a transaction dated Wednesday, March 15th. The stock was sold at an average price of $18.50, for a total value of $56,110.50. Following the transaction, the director now directly owns 105,073 shares in the company, valued at approximately $1,943,850.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.30% of the stock is owned by corporate insiders.
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About Dean Foods
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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