Dean Foods Receives Average Rating of “Hold” from Analysts (NYSE:DF)
Dean Foods (NYSE:DF) has earned an average rating of “Hold” from the fourteen brokerages that are currently covering the company, Analyst Ratings News reports. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $18.33.
Dean Foods (NYSE:DF) opened at 17.46 on Tuesday. Dean Foods has a 52 week low of $13.59 and a 52 week high of $22.96. The stock has a 50-day moving average of $17.4 and a 200-day moving average of $16.09. The company has a market cap of $1.632 billion and a P/E ratio of 5.10.
Dean Foods (NYSE:DF) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.05) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.01 by $0.06. The company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.27 billion. During the same quarter in the prior year, the company posted $0.31 earnings per share. The company’s quarterly revenue was up 2.1% on a year-over-year basis. Analysts expect that Dean Foods will post $0.57 EPS for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at BMO Capital Markets raised their price target on shares of Dean Foods from $18.00 to $21.00 in a research note on Thursday, June 19th. Separately, analysts at ISI Group reiterated a “buy” rating on shares of Dean Foods in a research note on Thursday, June 12th. They now have a $22.00 price target on the stock, up previously from $18.00. Finally, analysts at KeyCorp raised their price target on shares of Dean Foods from $18.00 to $22.00 in a research note on Thursday, June 12th.
Dean Foods Company is a food and beverage company. The Company is a processor and direct-to-store distributor of fluid milk and other fluid dairy products in the United States.
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