Equities research analysts predict that Dean Foods Company (NYSE:DF) will report earnings per share (EPS) of $0.31 for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Dean Foods’ earnings, with the lowest EPS estimate coming in at $0.26 and the highest estimate coming in at $0.38. Dean Foods posted earnings per share of $0.38 during the same quarter last year, which suggests a negative year-over-year growth rate of 18.4%. The business is scheduled to announce its next earnings report before the market opens on Tuesday, August 8th.

According to Zacks, analysts expect that Dean Foods will report full year earnings of $1.33 per share for the current fiscal year, with EPS estimates ranging from $1.20 to $1.42. For the next year, analysts expect that the business will report earnings of $1.45 per share, with EPS estimates ranging from $1.09 to $1.90. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that cover Dean Foods.

Dean Foods (NYSE:DF) last issued its quarterly earnings results on Tuesday, May 9th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.17 by $0.04. Dean Foods had a return on equity of 19.34% and a net margin of 0.91%. The business had revenue of $2 billion during the quarter, compared to the consensus estimate of $1.96 billion. During the same quarter last year, the firm posted $0.45 earnings per share. Dean Foods’s revenue was up 6.2% compared to the same quarter last year.

Several research firms have issued reports on DF. Jefferies Group LLC set a $20.00 target price on Dean Foods and gave the stock a “buy” rating in a research report on Saturday, July 29th. Zacks Investment Research upgraded Dean Foods from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 27th. Sanford C. Bernstein downgraded Dean Foods from a “market perform” rating to an “underperform” rating and lowered their price objective for the stock from $18.00 to $13.00 in a research report on Thursday, July 27th. Morgan Stanley reiterated an “underweight” rating and issued a $15.00 price objective (down previously from $18.00) on shares of Dean Foods in a research report on Tuesday, July 18th. Finally, Credit Suisse Group reiterated an “underperform” rating and issued a $14.00 price objective (down previously from $18.00) on shares of Dean Foods in a research report on Wednesday, July 12th. Four research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $18.71.

Shares of Dean Foods (NYSE:DF) opened at 14.88 on Monday. Dean Foods has a 12 month low of $14.65 and a 12 month high of $22.31. The company has a market capitalization of $1.35 billion, a PE ratio of 19.25 and a beta of 0.54. The firm has a 50-day moving average of $16.45 and a 200 day moving average of $18.47.

Large investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. increased its stake in Dean Foods by 13.8% in the first quarter. PNC Financial Services Group Inc. now owns 5,670 shares of the company’s stock worth $111,000 after buying an additional 686 shares during the last quarter. LS Investment Advisors LLC increased its stake in Dean Foods by 17.5% in the second quarter. LS Investment Advisors LLC now owns 7,275 shares of the company’s stock worth $124,000 after buying an additional 1,081 shares during the last quarter. Nine Chapters Capital Management LLC purchased a new stake in Dean Foods during the second quarter worth $172,000. ING Groep NV purchased a new stake in Dean Foods during the second quarter worth $188,000. Finally, Jane Street Group LLC increased its stake in Dean Foods by 6.4% in the first quarter. Jane Street Group LLC now owns 10,321 shares of the company’s stock worth $203,000 after buying an additional 621 shares during the last quarter.

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About Dean Foods

Dean Foods Company is a food and beverage company. The Company processes and distributes fluid milk, and other dairy and dairy case products in the United States. It is engaged in manufacturing, marketing, selling and distributing a range of branded and private label dairy and dairy case products. It offers branded and private label dairy case products, including fluid milk, ice cream, cultured dairy products, creamers, ice cream mix and other dairy products to retailers, distributors, foodservice outlets, educational institutions and governmental entities across the United States.

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Earnings History and Estimates for Dean Foods (NYSE:DF)

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