Dean Foods (DF) Releases Quarterly Earnings Results, Misses Expectations By $0.08 EPS
Dean Foods (NYSE:DF) issued its quarterly earnings data on Monday. The company reported ($0.14) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.06) by $0.08, Analyst Ratings Net reports. The company had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.32 billion.
A number of research firms have recently commented on DF. 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. On the ratings front, 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. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. Dean Foods presently has a consensus rating of “Hold” and a consensus price target of $18.64.
Dean Foods (NYSE:DF) opened at 15.81 on Monday. Dean Foods has a 52 week low of $13.59 and a 52 week high of $21.46. The stock’s 50-day moving average is $16.83 and its 200-day moving average is $15.98. The company has a market cap of $1.478 billion and a P/E ratio of 4.83.
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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