Dr Pepper Snapple Group Given Consensus Recommendation of “Hold” by Analysts (NYSE:DPS)
Shares of Dr Pepper Snapple Group (NYSE:DPS) have earned a consensus rating of “Hold” from the thirteen brokerages that are presently covering the stock, AnalystRatings.NET reports. Two investment analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $53.85.
DPS has been the subject of a number of recent research reports. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Dr Pepper Snapple Group in a research note on Thursday. They now have a $58.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Dr Pepper Snapple Group in a research note on Thursday. They now have a $61.00 price target on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Dr Pepper Snapple Group in a research note on Thursday. They now have a $56.00 price target on the stock.
Shares of Dr Pepper Snapple Group (NYSE:DPS) opened at 53.69 on Friday. Dr Pepper Snapple Group has a 52-week low of $43.18 and a 52-week high of $55.34. The stock has a 50-day moving average of $52.79 and a 200-day moving average of $49.32. The company has a market cap of $10.592 billion and a P/E ratio of 17.65.
Dr Pepper Snapple Group (NYSE:DPS) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.15. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter in the previous year, the company posted $0.53 earnings per share. The company’s revenue for the quarter was up 1.3% on a year-over-year basis. On average, analysts predict that Dr Pepper Snapple Group will post $3.42 earnings per share for the current fiscal year.
In other Dr Pepper Snapple Group news, CFO Martin M. Ellen sold 15,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, April 24th. The shares were sold at an average price of $54.45, for a total transaction of $816,750.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Dr Pepper Snapple Group, Inc (NYSE:DPS) is an integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States, Canada and Mexico with a diverse portfolio of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks and mixers.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.