Dr Pepper Snapple Group, Inc (NYSE:DPS) issued an update on its FY17 earnings guidance on Wednesday morning. The company provided EPS guidance of $4.53-4.63 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.63.

Dr Pepper Snapple Group, Inc (NYSE:DPS) opened at 91.68 on Thursday. The firm has a 50-day moving average of $91.26 and a 200 day moving average of $92.90. The stock has a market capitalization of $16.66 billion, a price-to-earnings ratio of 21.99 and a beta of 0.61. Dr Pepper Snapple Group, Inc has a 12-month low of $81.05 and a 12-month high of $99.47.

Dr Pepper Snapple Group (NYSE:DPS) last announced its quarterly earnings data on Thursday, July 27th. The company reported $1.25 EPS for the quarter, missing the Zacks’ consensus estimate of $1.28 by ($0.03). Dr Pepper Snapple Group had a net margin of 11.73% and a return on equity of 38.28%. The firm had revenue of $1.80 billion during the quarter, compared to analysts’ expectations of $1.77 billion. During the same period in the prior year, the company posted $1.25 earnings per share. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. On average, analysts predict that Dr Pepper Snapple Group, Inc will post $4.63 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 5th. Shareholders of record on Thursday, September 14th will be given a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend date of this dividend is Wednesday, September 13th. Dr Pepper Snapple Group’s dividend payout ratio is presently 55.64%.

A number of brokerages have commented on DPS. Susquehanna Bancshares Inc set a $92.00 price objective on shares of Dr Pepper Snapple Group and gave the company a hold rating in a research report on Saturday, May 27th. Zacks Investment Research raised shares of Dr Pepper Snapple Group from a hold rating to a buy rating and set a $104.00 price objective on the stock in a research report on Tuesday, June 27th. Credit Suisse Group reissued a buy rating on shares of Dr Pepper Snapple Group in a research report on Friday, June 23rd. BidaskClub raised shares of Dr Pepper Snapple Group from a sell rating to a hold rating in a research report on Thursday, August 17th. Finally, Jefferies Group LLC reissued a buy rating and issued a $112.00 price objective on shares of Dr Pepper Snapple Group in a research report on Friday, June 23rd. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of Hold and an average target price of $99.25.

In related news, insider Angela A. Stephens sold 7,700 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $91.12, for a total value of $701,624.00. Following the completion of the sale, the insider now directly owns 6,053 shares in the company, valued at $551,549.36. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Angela A. Stephens sold 3,160 shares of the business’s stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $92.51, for a total transaction of $292,331.60. Following the completion of the sale, the insider now owns 16,913 shares of the company’s stock, valued at $1,564,621.63. The disclosure for this sale can be found here. Insiders own 0.58% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This piece of content was first published by Watch List News and is the property of of Watch List News. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this piece of content can be viewed at https://www.watchlistnews.com/dr-pepper-snapple-group-inc-dps-issues-fy17-earnings-guidance/1577487.html.

About Dr Pepper Snapple Group

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

Earnings History and Estimates for Dr Pepper Snapple Group (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 Analyst Ratings Network's FREE daily email newsletter.