Dean Foods (DF) Updates FY18 Earnings Guidance

Dean Foods (NYSE:DF) issued an update on its FY18 earnings guidance on Monday morning. The company provided EPS guidance of $0.55-$0.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.85.





 

A number of equities research analysts recently issued reports on the stock. Vertical Group upgraded shares of Dean Foods from a hold rating to a buy rating in a research report on Monday, January 8th. Zacks Investment Research upgraded shares of Dean Foods from a hold rating to a buy rating and set a $13.00 target price for the company in a research report on Thursday, January 18th. ValuEngine cut shares of Dean Foods from a buy rating to a hold rating in a research report on Friday, February 2nd. Credit Suisse Group dropped their target price on shares of Dean Foods from $10.00 to $8.50 and set an underperform rating for the company in a research report on Wednesday, November 8th. Finally, Morgan Stanley dropped their target price on shares of Dean Foods from $10.00 to $9.00 and set an overweight rating for the company in a research report on Wednesday, November 8th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the company. Dean Foods currently has an average rating of Hold and a consensus target price of $12.15.

Dean Foods (NYSE:DF) traded up $0.15 on Tuesday, reaching $9.39. 883,363 shares of the company’s stock traded hands, compared to its average volume of 1,955,925. The company has a quick ratio of 1.10, a current ratio of 1.52 and a debt-to-equity ratio of 1.39. The firm has a market cap of $848.33, a PE ratio of 234.88, a PEG ratio of 1.80 and a beta of 0.53. Dean Foods has a 52-week low of $8.32 and a 52-week high of $20.10.

Dean Foods (NYSE:DF) last posted its quarterly earnings data on Monday, February 26th. The company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.01). The company had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.96 billion. Dean Foods had a net margin of 0.79% and a return on equity of 11.80%. The company’s revenue was down 4.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.38 EPS. sell-side analysts expect that Dean Foods will post 0.67 EPS for the current fiscal year.

Dean Foods Company is a food and beverage company. The Company processes and distributes fluid milk, and other dairy and dairy case products in the United States. It is engaged in manufacturing, marketing, selling and distributing a range of branded and private label dairy and dairy case products. It offers branded and private label dairy case products, including fluid milk, ice cream, cultured dairy products, creamers, ice cream mix and other dairy products to retailers, distributors, foodservice outlets, educational institutions and governmental entities across the United States.