Keurig Green Mountain Given Average Rating of “Hold” by Analysts (NASDAQ:GMCR)
Keurig Green Mountain (NASDAQ:GMCR) has earned an average rating of “Hold” from the eighteen analysts that are presently covering the company, Analyst RN reports. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $112.75.
Shares of Keurig Green Mountain (NASDAQ:GMCR) traded down 1.24% on Tuesday, hitting $114.00. The stock had a trading volume of 293,427 shares. Keurig Green Mountain has a 52-week low of $56.87 and a 52-week high of $128.50. The stock has a 50-day moving average of $121.0 and a 200-day moving average of $110.1. The company has a market cap of $18.516 billion and a price-to-earnings ratio of 31.09.
Keurig Green Mountain (NASDAQ:GMCR) last released its earnings data on Wednesday, August 6th. The company reported $0.99 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.88 by $0.11. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter last year, the company posted $0.82 earnings per share. Keurig Green Mountain’s revenue was up 5.7% compared to the same quarter last year. Analysts expect that Keurig Green Mountain will post $3.81 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, October 31st. Stockholders of record on Friday, October 3rd will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.87%. The ex-dividend date is Wednesday, October 1st.
A number of research firms have recently commented on GMCR. Analysts at Zacks reiterated a “neutral” rating on shares of Keurig Green Mountain in a research note on Friday. They now have a $122.00 price target on the stock. Separately, analysts at Buckingham Research cut their price target on shares of Keurig Green Mountain from $133.00 to $128.00 in a research note on Thursday, August 7th. Finally, analysts at KeyCorp reiterated a “buy” rating on shares of Keurig Green Mountain in a research note on Thursday, August 7th.
Keurig Green Mountain, Inc, formerly Green Mountain Coffee Roasters, Inc, is a specialty coffee and coffeemaker businesses in the United States and Canada.
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