Keurig Green Mountain Given Consensus Rating of “Hold” by Analysts (NASDAQ:GMCR)
Keurig Green Mountain (NASDAQ:GMCR) has received an average rating of “Hold” from the eighteen ratings firms that are presently covering the company, AR Network reports. Two equities research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and seven 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 $112.75.
Shares of Keurig Green Mountain (NASDAQ:GMCR) opened at 115.00 on Tuesday. 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 $120.1 and a 200-day moving average of $110.9. The company has a market cap of $18.679 billion and a P/E ratio of 30.78.
Keurig Green Mountain (NASDAQ:GMCR) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.99 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted $0.82 earnings per share. The company’s quarterly revenue was up 5.7% on a year-over-year basis. Analysts expect that Keurig Green Mountain will post $3.79 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, October 31st. Investors of record on Friday, October 3rd will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend is Wednesday, October 1st.
Several analysts have recently commented on the stock. Analysts at Argus reiterated a “buy” rating on shares of Keurig Green Mountain in a research note on Friday. They now have a $140.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Keurig Green Mountain in a research note on Friday, August 8th. They now have a $122.00 price target on the stock. Finally, 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.
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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