Wall Street analysts forecast that Dr Pepper Snapple Group Inc. (NYSE:DPS) will post sales of $1.66 billion for the current quarter, Zacks reports. Four analysts have made estimates for Dr Pepper Snapple Group’s earnings, with the lowest sales estimate coming in at $1.65 billion and the highest estimate coming in at $1.68 billion. Dr Pepper Snapple Group reported sales of $1.58 billion in the same quarter last year, which would suggest a positive year over year growth rate of 5.1%. The firm is expected to issue its next earnings report on Tuesday, February 13th.

On average, analysts expect that Dr Pepper Snapple Group will report full-year sales of $1.66 billion for the current year, with estimates ranging from $6.69 billion to $6.72 billion. For the next financial year, analysts forecast that the firm will report sales of $6.98 billion per share, with estimates ranging from $6.91 billion to $7.02 billion. Zacks’ sales averages are an average based on a survey of sell-side research analysts that follow Dr Pepper Snapple Group.

Dr Pepper Snapple Group (NYSE:DPS) last issued its earnings results on Wednesday, October 25th. The company reported $1.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.16 by ($0.06). Dr Pepper Snapple Group had a return on equity of 37.53% and a net margin of 11.06%. The company had revenue of $1.74 billion during the quarter, compared to analysts’ expectations of $1.77 billion. During the same quarter in the prior year, the business posted $1.17 EPS. The company’s revenue for the quarter was up 3.6% compared to the same quarter last year.

Several equities research analysts recently issued reports on DPS shares. Morgan Stanley dropped their target price on shares of Dr Pepper Snapple Group from $104.00 to $96.00 and set an “overweight” rating on the stock in a report on Thursday, October 26th. Macquarie started coverage on shares of Dr Pepper Snapple Group in a report on Friday, September 15th. They issued a “neutral” rating and a $95.00 target price on the stock. BMO Capital Markets restated a “buy” rating and issued a $105.00 target price on shares of Dr Pepper Snapple Group in a report on Wednesday, September 6th. Wells Fargo & Company upgraded shares of Dr Pepper Snapple Group from a “market perform” rating to an “outperform” rating in a report on Monday, October 23rd. Finally, Royal Bank Of Canada reiterated a “hold” rating and set a $91.00 price target on shares of Dr Pepper Snapple Group in a research note on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $99.45.

In related news, insider Angela A. Stephens sold 7,700 shares of Dr Pepper Snapple Group stock in a transaction on Friday, September 1st. The shares were sold at an average price of $91.12, for a total transaction of $701,624.00. Following the transaction, the insider now owns 6,053 shares in the company, valued at approximately $551,549.36. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.58% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in Dr Pepper Snapple Group by 2.9% in the 2nd quarter. Vanguard Group Inc. now owns 18,408,234 shares of the company’s stock valued at $1,677,174,000 after acquiring an additional 510,155 shares during the last quarter. BlackRock Inc. increased its holdings in Dr Pepper Snapple Group by 4.9% in the 2nd quarter. BlackRock Inc. now owns 17,172,007 shares of the company’s stock valued at $1,564,543,000 after acquiring an additional 802,560 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Dr Pepper Snapple Group by 1.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,518,554 shares of the company’s stock valued at $752,699,000 after acquiring an additional 119,413 shares during the last quarter. FMR LLC increased its holdings in Dr Pepper Snapple Group by 4.7% in the 2nd quarter. FMR LLC now owns 2,984,283 shares of the company’s stock valued at $271,898,000 after acquiring an additional 134,256 shares during the last quarter. Finally, Wells Fargo & Company MN increased its holdings in Dr Pepper Snapple Group by 0.7% in the 2nd quarter. Wells Fargo & Company MN now owns 2,259,175 shares of the company’s stock valued at $205,835,000 after acquiring an additional 15,523 shares during the last quarter. Institutional investors own 91.13% of the company’s stock.

Shares of Dr Pepper Snapple Group (NYSE DPS) opened at $87.62 on Wednesday. Dr Pepper Snapple Group has a fifty-two week low of $83.23 and a fifty-two week high of $99.47. The company has a debt-to-equity ratio of 2.07, a current ratio of 0.93 and a quick ratio of 0.74. The stock has a market cap of $15,627.67, a P/E ratio of 19.67, a P/E/G ratio of 2.18 and a beta of 0.57.

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 4th. Investors of record on Thursday, December 14th will be paid a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date is Wednesday, December 13th. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is 58.15%.

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About Dr Pepper Snapple Group

Dr Pepper Snapple Group, Inc is an integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States, Mexico and Canada. The Company offers a diverse portfolio of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers.

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Earnings History and Estimates for Dr Pepper Snapple Group (NYSE:DPS)

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