Wall Street analysts expect Cott Corporation (NYSE:COT) (TSE:BCB) to post $0.13 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Cott Corporation’s earnings, with estimates ranging from $0.11 to $0.14. Cott Corporation reported earnings per share of $0.09 in the same quarter last year, which indicates a positive year over year growth rate of 44.4%. The company is scheduled to report its next earnings results on Thursday, November 9th.

According to Zacks, analysts expect that Cott Corporation will report full year earnings of $0.12 per share for the current year, with EPS estimates ranging from ($0.03) to $0.20. For the next financial year, analysts forecast that the company will post earnings of $0.36 per share, with EPS estimates ranging from $0.24 to $0.46. Zacks’ earnings per share calculations are an average based on a survey of analysts that follow Cott Corporation.

Cott Corporation (NYSE:COT) (TSE:BCB) last announced its quarterly earnings data on Thursday, August 3rd. The company reported $0.06 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by $0.10. Cott Corporation had a negative net margin of 3.88% and a positive return on equity of 0.54%. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $984.75 million. During the same period last year, the company earned $0.15 EPS. The business’s revenue was up 32.5% compared to the same quarter last year.

Several research firms have issued reports on COT. Royal Bank Of Canada reissued an “outperform” rating and set a $20.00 target price on shares of Cott Corporation in a research note on Thursday, August 10th. BMO Capital Markets raised their target price on Cott Corporation from $17.00 to $18.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 1st. Stifel Nicolaus reissued a “hold” rating and set a $12.00 target price on shares of Cott Corporation in a research note on Tuesday, July 25th. Jefferies Group LLC raised their target price on Cott Corporation from $14.00 to $14.25 and gave the stock a “hold” rating in a research note on Thursday, July 6th. Finally, ValuEngine raised Cott Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $16.75.

Shares of Cott Corporation (COT) traded down 0.06% during midday trading on Wednesday, hitting $15.41. The company’s stock had a trading volume of 25,510 shares. The firm has a 50-day moving average of $14.95 and a 200 day moving average of $13.08. The firm’s market cap is $2.14 billion. Cott Corporation has a 12-month low of $10.10 and a 12-month high of $17.31.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 6th. Stockholders of record on Wednesday, August 23rd will be paid a $0.06 dividend. The ex-dividend date is Monday, August 21st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.56%. Cott Corporation’s payout ratio is presently -23.30%.

Large investors have recently modified their holdings of the stock. First Mercantile Trust Co. purchased a new stake in shares of Cott Corporation during the second quarter worth $145,000. Wedbush Securities Inc. purchased a new stake in shares of Cott Corporation during the first quarter worth $175,000. Teza Capital Management LLC purchased a new stake in shares of Cott Corporation during the first quarter worth $177,000. Parametric Portfolio Associates LLC purchased a new stake in shares of Cott Corporation during the first quarter worth $180,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Cott Corporation by 92.1% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,600 shares of the company’s stock worth $180,000 after buying an additional 7,000 shares during the last quarter.

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About Cott Corporation

Cott Corp is a Canada-based company, which along with its subsidiaries, is engaged in production of beverages on behalf of retailers, brand owners and distributors. The Company operates through five operating segments: Water & Coffee Solutions; Cott North America; Cott United Kingdom (Cott U.K.), Royal Crown International (RCI) and Mexico.

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