Dean Foods Co. Hits New 52-Week Low at $18.30 (DF)
Dean Foods (NYSE:DF)’s share price reached a new 52-week low on Thursday, Analyst Ratings Network.com reports. The company traded as low as $18.30 and last traded at $18.35, with a volume of 1,489,329 shares traded. The stock had previously closed at $18.74.
A number of research firms have recently commented on DF. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Dean Foods (NYSE:DF) in a research note to investors on Wednesday. They now have a $25.00 price target on the stock, down previously from $26.00. Separately, analysts at Goldman Sachs Group Inc. downgraded shares of Dean Foods (NYSE:DF) from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, September 3rd. They now have a $21.00 price target on the stock. Finally, analysts at TheStreet downgraded shares of Dean Foods (NYSE:DF) from a “hold” rating to a “sell” rating in a research note to investors on Thursday, August 29th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and nine have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $16.64.
Dean Foods has a 52 week low of $12.75 and a 52 week high of $22.96. The stock has a 50-day moving average of $19.26 and a 200-day moving average of $19.06. The company has a market cap of $1.720 billion and a price-to-earnings ratio of 3.48.
Dean Foods (NYSE:DF) last announced its earnings results on Thursday, August 8th. The company reported $0.13 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.14 by $0.01. The company had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter last year, the company posted $0.36 earnings per share. Dean Foods’s revenue was down .3% compared to the same quarter last year. On average, analysts predict that Dean Foods will post $1.01 earnings per share for the current fiscal year.
Dean Foods Company is a food and beverage company. The Company operates through two segments: Fresh Dairy Direct and The WhiteWave Foods Company (NYSE:DF).
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