Analysts expect that Cott Corp (NYSE:COT) (TSE:BCB) will report sales of $538.50 million for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Cott’s earnings. The highest sales estimate is $543.00 million and the lowest is $534.00 million. Cott posted sales of $887.40 million during the same quarter last year, which indicates a negative year over year growth rate of 39.3%. The company is scheduled to announce its next earnings results on Thursday, February 22nd.

On average, analysts expect that Cott will report full year sales of $538.50 million for the current year, with estimates ranging from $2.23 billion to $2.24 billion. For the next year, analysts expect that the firm will post sales of $2.30 billion per share, with estimates ranging from $2.29 billion to $2.30 billion. Zacks’ sales calculations are an average based on a survey of research analysts that that provide coverage for Cott.

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

A number of research analysts have recently commented on COT shares. Royal Bank Of Canada reissued a “buy” rating and issued a $20.00 target price on shares of Cott in a report on Friday, September 15th. ValuEngine raised shares of Cott from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Credit Suisse Group raised their price objective on shares of Cott from $17.00 to $18.00 and gave the company an “outperform” rating in a report on Friday, November 10th. Canaccord Genuity reiterated a “buy” rating and issued a $20.00 price objective on shares of Cott in a report on Friday, October 27th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Cott in a report on Tuesday, September 12th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. Cott currently has an average rating of “Buy” and a consensus target price of $17.04.

Cott (COT) opened at $17.62 on Friday. The company has a current ratio of 1.01, a quick ratio of 0.86 and a debt-to-equity ratio of 1.76. Cott has a fifty-two week low of $10.32 and a fifty-two week high of $17.77.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 8th. Investors of record on Tuesday, November 28th were issued a $0.06 dividend. The ex-dividend date was Monday, November 27th. This represents a $0.24 dividend on an annualized basis and a yield of 1.36%. Cott’s dividend payout ratio (DPR) is presently -34.29%.

In related news, Director Gregory R. Monahan sold 7,500 shares of the firm’s stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $17.10, for a total value of $128,250.00. Following the completion of the transaction, the director now owns 102,666 shares in the company, valued at approximately $1,755,588.60. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Gregory R. Monahan sold 8,500 shares of the firm’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $1,769,689.80. The disclosure for this sale can be found here. 2.06% of the stock is owned by company insiders.

A number of large investors have recently added to or reduced their stakes in COT. Alliancebernstein L.P. increased its position in Cott by 157.3% during the 2nd quarter. Alliancebernstein L.P. now owns 4,078,156 shares of the company’s stock valued at $58,889,000 after purchasing an additional 2,493,378 shares during the period. Cramer Rosenthal Mcglynn LLC acquired a new stake in Cott during the 2nd quarter valued at approximately $21,543,000. Balyasny Asset Management LLC acquired a new stake in Cott during the 2nd quarter valued at approximately $11,876,000. Gamco Investors INC. ET AL increased its position in Cott by 89.5% during the 2nd quarter. Gamco Investors INC. ET AL now owns 1,706,444 shares of the company’s stock valued at $24,641,000 after purchasing an additional 805,744 shares during the period. Finally, Overbrook Management Corp increased its position in Cott by 49.1% during the 2nd quarter. Overbrook Management Corp now owns 1,817,223 shares of the company’s stock valued at $26,241,000 after purchasing an additional 598,209 shares during the period.

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Cott Company Profile

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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