Wall Street brokerages forecast that Dr Pepper Snapple Group Inc. (NYSE:DPS) will post earnings of $1.18 per share for the current fiscal quarter, Zacks reports. Four analysts have made estimates for Dr Pepper Snapple Group’s earnings, with the lowest EPS estimate coming in at $1.16 and the highest estimate coming in at $1.20. Dr Pepper Snapple Group reported earnings of $1.04 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 13.5%. The firm is expected to report its next earnings results on Tuesday, February 13th.

On average, analysts expect that Dr Pepper Snapple Group will report full-year earnings of $4.54 per share for the current year, with EPS estimates ranging from $4.52 to $4.56. For the next year, analysts anticipate that the company will post earnings of $4.87 per share, with EPS estimates ranging from $4.82 to $5.00. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that cover 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). The firm had revenue of $1.74 billion during the quarter, compared to analysts’ expectations of $1.77 billion. Dr Pepper Snapple Group had a return on equity of 37.53% and a net margin of 11.06%. The firm’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.17 EPS.

Several analysts have weighed in on DPS shares. Stifel Nicolaus lowered their price objective on Dr Pepper Snapple Group from $114.00 to $106.00 and set a “buy” rating for the company in a research report on Thursday, October 26th. Zacks Investment Research downgraded Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research report on Monday, October 16th. Morgan Stanley lowered their price objective on Dr Pepper Snapple Group from $104.00 to $96.00 and set an “overweight” rating for the company in a research report on Thursday, October 26th. BMO Capital Markets reiterated a “buy” rating and issued a $105.00 price objective on shares of Dr Pepper Snapple Group in a research report on Wednesday, September 6th. Finally, Macquarie started coverage on Dr Pepper Snapple Group in a research report on Friday, September 15th. They issued a “neutral” rating and a $95.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $99.83.

Shares of Dr Pepper Snapple Group (NYSE DPS) opened at $93.92 on Friday. The company has a debt-to-equity ratio of 2.07, a current ratio of 0.93 and a quick ratio of 0.74. Dr Pepper Snapple Group has a 52 week low of $83.23 and a 52 week high of $99.47. The stock has a market capitalization of $16,927.57, a P/E ratio of 21.31, a price-to-earnings-growth ratio of 2.36 and a beta of 0.59.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 4th. Investors of record on Thursday, December 14th will be issued a dividend of $0.58 per share. The ex-dividend date is Wednesday, December 13th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.47%. Dr Pepper Snapple Group’s dividend payout ratio is presently 58.15%.

Several institutional investors have recently made changes to their positions in the stock. IFM Investors Pty Ltd bought a new position in shares of Dr Pepper Snapple Group during the third quarter valued at approximately $476,000. Piedmont Investment Advisors LLC raised its holdings in shares of Dr Pepper Snapple Group by 5.6% during the third quarter. Piedmont Investment Advisors LLC now owns 48,255 shares of the company’s stock valued at $4,269,000 after acquiring an additional 2,570 shares in the last quarter. California Public Employees Retirement System raised its holdings in shares of Dr Pepper Snapple Group by 4.5% during the third quarter. California Public Employees Retirement System now owns 464,227 shares of the company’s stock valued at $41,070,000 after acquiring an additional 19,809 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Dr Pepper Snapple Group by 11.9% during the third quarter. Janney Montgomery Scott LLC now owns 6,409 shares of the company’s stock valued at $567,000 after acquiring an additional 684 shares in the last quarter. Finally, Janus Henderson Group PLC raised its holdings in shares of Dr Pepper Snapple Group by 79.7% during the third quarter. Janus Henderson Group PLC now owns 1,732,948 shares of the company’s stock valued at $153,314,000 after acquiring an additional 768,412 shares in the last quarter. Institutional investors own 91.27% of the company’s stock.

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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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