Dr Pepper Snapple Group Inc. (NYSE:DPS) has earned a consensus rating of “Hold” from the seventeen brokerages that are covering the stock, MarketBeat Ratings reports. Thirteen equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $117.00.
A number of research analysts have weighed in on DPS shares. Wells Fargo & Co boosted their target price on shares of Dr Pepper Snapple Group from $98.00 to $112.00 and gave the company an “outperform” rating in a research note on Thursday, January 4th. Deutsche Bank started coverage on shares of Dr Pepper Snapple Group in a research note on Wednesday, December 13th. They issued a “buy” rating and a $104.00 target price on the stock. Jefferies Group reiterated a “buy” rating and issued a $115.00 target price on shares of Dr Pepper Snapple Group in a research note on Monday, January 29th. Stifel Nicolaus boosted their target price on shares of Dr Pepper Snapple Group from $123.00 to $124.00 and gave the company a “buy” rating in a research note on Tuesday, January 30th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $124.00 target price (up from $92.00) on shares of Dr Pepper Snapple Group in a research note on Tuesday, January 30th.
Dr Pepper Snapple Group (DPS) traded down $0.22 on Tuesday, reaching $115.74. 1,211,922 shares of the company’s stock were exchanged, compared to its average volume of 2,763,028. The company has a current ratio of 0.90, a quick ratio of 0.72 and a debt-to-equity ratio of 1.80. The stock has a market capitalization of $20,900.00, a PE ratio of 27.17, a price-to-earnings-growth ratio of 2.08 and a beta of 0.79. Dr Pepper Snapple Group has a 52-week low of $83.23 and a 52-week high of $126.65.
Dr Pepper Snapple Group (NYSE:DPS) last released its earnings results on Wednesday, February 14th. The company reported $1.17 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $1.17. The firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.66 billion. Dr Pepper Snapple Group had a net margin of 16.08% and a return on equity of 37.05%. The company’s quarterly revenue was up 4.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.90 earnings per share. sell-side analysts expect that Dr Pepper Snapple Group will post 5.16 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 12th. Investors of record on Wednesday, March 21st 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 2.00%. The ex-dividend date is Tuesday, March 20th. Dr Pepper Snapple Group’s payout ratio is currently 54.46%.
A number of institutional investors have recently bought and sold shares of the stock. Amica Retiree Medical Trust bought a new stake in Dr Pepper Snapple Group during the 3rd quarter worth approximately $110,000. Aevitas Wealth Management Inc. bought a new stake in Dr Pepper Snapple Group during the 4th quarter worth approximately $136,000. James Hambro & Partners bought a new stake in Dr Pepper Snapple Group during the 4th quarter worth approximately $175,000. Sawyer & Company Inc bought a new stake in Dr Pepper Snapple Group during the 4th quarter worth approximately $205,000. Finally, Cue Financial Group Inc. bought a new stake in Dr Pepper Snapple Group during the 4th quarter worth approximately $205,000. 93.10% of the stock is currently owned by institutional investors and hedge funds.
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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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