Media headlines about Cott (NYSE:COT) (TSE:BCB) have been trending somewhat positive this week, according to Accern. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cott earned a news impact score of 0.10 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.9601786995411 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Form 4 COTT CORP /CN/ For: Dec 06 Filed by: Goist Bradley J. – StreetInsider.com (streetinsider.com)
- Global Soft Drink Concentrates Market 2017: Know the Analysis and Trends till 2022 (emailwire.com)
- Stock’s Trend Analysis Report: Cott Corporation, (NYSE: COT), Dillard’s, Inc., (NYSE: DDS), HealthSouth Corporation … – Stocks In The News (press release) (tradingnewsnow.com)
- Analysts Expect Cott Corp (COT) Will Announce Quarterly Sales of $538.50 Million (americanbankingnews.com)
- $0.02 Earnings Per Share Expected for Cott Corp (COT) This Quarter (americanbankingnews.com)
Cott (COT) traded down $0.03 on Wednesday, hitting $17.08. 1,343,456 shares of the company traded hands, compared to its average volume of 1,165,900. The company has a quick ratio of 0.86, a current ratio of 1.01 and a debt-to-equity ratio of 1.76. Cott has a 1 year low of $10.34 and a 1 year high of $17.77.
Cott (NYSE:COT) (TSE:BCB) last posted its earnings results on Thursday, November 9th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.08). Cott had a negative net margin of 2.86% and a positive return on equity of 0.09%. The firm had revenue of $995.00 million during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the prior year, the firm earned $0.04 earnings per share. The business’s revenue for the quarter was up 12.4% on a year-over-year basis. equities research analysts forecast that Cott will post 0.03 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, December 8th. Investors of record on Tuesday, November 28th were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 1.41%. The ex-dividend date was Monday, November 27th. Cott’s dividend payout ratio is currently -34.29%.
Several analysts have commented on COT shares. Royal Bank of Canada restated a “buy” rating and set a $20.00 price objective on shares of Cott in a research note on Friday, September 15th. ValuEngine upgraded shares of Cott from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. Credit Suisse Group lifted their price objective on shares of Cott from $17.00 to $18.00 and gave the company an “outperform” rating in a research note on Friday, November 10th. Canaccord Genuity restated a “buy” rating and set a $20.00 price objective on shares of Cott in a research note on Friday, October 27th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Cott in a research note on Tuesday, September 12th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $17.04.
In related news, Director Gregory R. Monahan sold 8,500 shares of the business’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $15.30, for a total value of $130,050.00. Following the completion of the transaction, the director now directly owns 115,666 shares in the company, valued at approximately $1,769,689.80. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Gregory R. Monahan sold 7,500 shares of the company’s stock in a transaction on Monday, November 27th. The stock was sold at an average price of $17.10, for a total transaction of $128,250.00. Following the transaction, the director now owns 102,666 shares of the company’s stock, valued at $1,755,588.60. The disclosure for this sale can be found here. Insiders own 2.06% of the company’s stock.
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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