Somewhat Positive News Coverage Somewhat Unlikely to Affect Dean Foods (DF) Stock Price
Media coverage about Dean Foods (NYSE:DF) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Dean Foods earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave press coverage about the company an impact score of 48.3754666691331 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news stories that may have impacted Accern’s analysis:
- $1.96 Billion in Sales Expected for Dean Foods Company (DF) This Quarter (americanbankingnews.com)
- Dean Foods Company (NYSE: DF) – Is The Stock Worthy? – Alpha Beta Stock (alphabetastock.com)
- Equities Analysts Set Expectations for Dean Foods Company’s FY2017 Earnings (DF) (americanbankingnews.com)
- Dean Foods Company (DF) Expected to Post Earnings of $0.26 Per Share (americanbankingnews.com)
- Stock Market News For Nov 8, 2017 (finance.yahoo.com)
DF has been the subject of several recent analyst reports. Zacks Investment Research downgraded shares of Dean Foods from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 18th. Morgan Stanley reissued an “underweight” rating and set a $15.00 price objective (down previously from $18.00) on shares of Dean Foods in a report on Tuesday, July 18th. Sanford C. Bernstein downgraded shares of Dean Foods from a “market perform” rating to an “underperform” rating and dropped their price objective for the company from $18.00 to $13.00 in a report on Thursday, July 27th. Jefferies Group LLC set a $20.00 price objective on shares of Dean Foods and gave the company a “buy” rating in a report on Saturday, July 29th. Finally, Stephens downgraded shares of Dean Foods from an “overweight” rating to an “equal weight” rating and set a $22.00 price objective for the company. in a report on Tuesday, August 8th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $13.06.
Shares of Dean Foods (DF) traded down $0.04 during trading hours on Friday, hitting $9.53. 2,107,000 shares of the stock were exchanged, compared to its average volume of 1,701,777. The stock has a market capitalization of $871.56, a price-to-earnings ratio of 10.40, a PEG ratio of 1.69 and a beta of 0.53. Dean Foods has a fifty-two week low of $9.01 and a fifty-two week high of $22.31. The company has a current ratio of 1.28, a quick ratio of 0.85 and a debt-to-equity ratio of 1.33.
Dean Foods (NYSE:DF) last issued its earnings results on Tuesday, November 7th. The company reported $0.20 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.20. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.97 billion. Dean Foods had a net margin of 0.53% and a return on equity of 14.04%. The company’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same period last year, the company posted $0.37 earnings per share. sell-side analysts expect that Dean Foods will post 0.81 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 5th. Stockholders of record on Monday, November 20th will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date of this dividend is Friday, November 17th. Dean Foods’s dividend payout ratio (DPR) is presently 78.26%.
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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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