Brokerages forecast that Cott Corporation (NYSE:COT) (TSE:BCB) will post $899.62 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Cott Corporation’s earnings, with the lowest sales estimate coming in at $896.13 million and the highest estimate coming in at $903.10 million. Cott Corporation posted sales of $887.40 million in the same quarter last year, which suggests a positive year over year growth rate of 1.4%. The business is scheduled to issue its next earnings report on Thursday, February 22nd.

On average, analysts expect that Cott Corporation will report full-year sales of $899.62 million for the current year, with estimates ranging from $3.74 billion to $3.83 billion. For the next year, analysts forecast that the business will report sales of $3.90 billion per share. Zacks’ sales calculations are an average based on a survey of analysts that cover Cott Corporation.

Cott Corporation (NYSE:COT) (TSE:BCB) last issued its quarterly earnings data on Thursday, November 9th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.08). The firm had revenue of $995.00 million during the quarter, compared to analyst estimates of $1.01 billion. Cott Corporation had a positive return on equity of 0.09% and a negative net margin of 2.86%. The business’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.04 EPS.

COT has been the topic of a number of recent analyst reports. Stifel Nicolaus restated a “hold” rating and issued a $12.00 target price on shares of Cott Corporation in a research note on Tuesday, July 25th. BMO Capital Markets reiterated a “buy” rating and set a $17.00 price objective on shares of Cott Corporation in a research note on Thursday, July 27th. Royal Bank Of Canada reiterated an “outperform” rating and set a $20.00 price objective on shares of Cott Corporation in a research note on Thursday, August 10th. ValuEngine upgraded shares of Cott Corporation from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Zacks Investment Research cut shares of Cott Corporation from a “hold” rating to a “strong sell” rating in a research report on Wednesday, September 20th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $17.04.

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Shares of Cott Corporation (COT) opened at $17.18 on Tuesday. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.86 and a current ratio of 1.01. Cott Corporation has a 12 month low of $10.10 and a 12 month high of $17.19.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Tuesday, November 28th will be given a $0.06 dividend. The ex-dividend date is Monday, November 27th. This represents a $0.24 dividend on an annualized basis and a yield of 1.40%. Cott Corporation’s payout ratio is -34.29%.

In other news, CAO Jason R. Ausher sold 5,800 shares of the stock in a transaction on Friday, September 8th. The shares were sold at an average price of $15.35, for a total transaction of $89,030.00. Following the transaction, the chief accounting officer now owns 20,770 shares in the company, valued at approximately $318,819.50. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Gregory R. Monahan sold 8,500 shares of the firm’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $15.30, for a total transaction of $130,050.00. Following the completion of the transaction, the director now owns 115,666 shares in the company, valued at $1,769,689.80. The disclosure for this sale can be found here. 2.06% of the stock is owned by corporate insiders.

Large investors have recently bought and sold shares of the stock. Quantitative Systematic Strategies LLC acquired a new stake in Cott Corporation in the 3rd quarter worth $682,000. Thompson Siegel & Walmsley LLC grew its position in Cott Corporation by 4.7% in the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 684,400 shares of the company’s stock worth $9,883,000 after purchasing an additional 30,700 shares during the last quarter. Barometer Capital Management Inc. acquired a new stake in Cott Corporation in the 3rd quarter worth $917,000. Canada Pension Plan Investment Board lifted its holdings in shares of Cott Corporation by 24.6% during the 3rd quarter. Canada Pension Plan Investment Board now owns 183,410 shares of the company’s stock worth $2,744,000 after acquiring an additional 36,200 shares during the period. Finally, Thrivent Financial For Lutherans lifted its holdings in shares of Cott Corporation by 39.9% during the 2nd quarter. Thrivent Financial For Lutherans now owns 1,511,680 shares of the company’s stock worth $21,829,000 after acquiring an additional 430,950 shares during the period.

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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