Dr Pepper Snapple Group, Inc (NYSE:DPS)‘s stock had its “buy” rating reiterated by analysts at BMO Capital Markets in a research note issued on Friday, October 27th. They currently have a $105.00 target price on the stock. BMO Capital Markets’ target price would suggest a potential upside of 19.56% from the company’s previous close.
Other research analysts also recently issued research reports about the stock. Cowen and Company reissued a “hold” rating and issued a $96.00 price objective on shares of Dr Pepper Snapple Group in a research report on Friday, July 14th. BidaskClub cut shares of Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Jefferies Group LLC restated a “buy” rating and set a $112.00 target price on shares of Dr Pepper Snapple Group in a research note on Tuesday, August 1st. Stifel Nicolaus cut their target price on shares of Dr Pepper Snapple Group from $114.00 to $106.00 and set a “buy” rating for the company in a research note on Thursday, October 26th. Finally, UBS AG lifted their price objective on shares of Dr Pepper Snapple Group from $98.00 to $99.00 and gave the stock a “neutral” rating in a research note on Friday, July 28th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $99.45.
Dr Pepper Snapple Group (DPS) traded up $0.79 on Friday, reaching $87.82. 1,370,100 shares of the company’s stock traded hands, compared to its average volume of 1,194,738. Dr Pepper Snapple Group has a 12 month low of $82.24 and a 12 month high of $99.47. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 2.07. The firm has a market capitalization of $15,712.53, a price-to-earnings ratio of 19.78, a PEG ratio of 2.19 and a beta of 0.57.
Dr Pepper Snapple Group (NYSE:DPS) last issued its quarterly earnings data on Wednesday, October 25th. The company reported $1.10 EPS for the quarter, missing analysts’ consensus estimates of $1.16 by ($0.06). The company had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.77 billion. Dr Pepper Snapple Group had a return on equity of 37.53% and a net margin of 11.06%. The company’s revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.17 earnings per share. research analysts forecast that Dr Pepper Snapple Group will post 4.54 earnings per share for the current fiscal year.
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In other Dr Pepper Snapple Group news, insider Angela A. Stephens sold 7,700 shares of the company’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $91.12, for a total transaction of $701,624.00. Following the transaction, the insider now owns 6,053 shares in the company, valued at $551,549.36. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.58% of the stock is owned by insiders.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Private Bank & Trust Co. raised its holdings in Dr Pepper Snapple Group by 1.0% during the second quarter. Private Bank & Trust Co. now owns 3,184 shares of the company’s stock worth $290,000 after buying an additional 30 shares during the last quarter. Greenwood Capital Associates LLC grew its stake in shares of Dr Pepper Snapple Group by 1.4% in the 2nd quarter. Greenwood Capital Associates LLC now owns 3,534 shares of the company’s stock worth $322,000 after acquiring an additional 49 shares in the last quarter. Hendley & Co. Inc. grew its stake in shares of Dr Pepper Snapple Group by 0.3% in the 1st quarter. Hendley & Co. Inc. now owns 16,800 shares of the company’s stock worth $1,645,000 after acquiring an additional 50 shares in the last quarter. Argent Trust Co grew its stake in shares of Dr Pepper Snapple Group by 1.1% in the 2nd quarter. Argent Trust Co now owns 5,048 shares of the company’s stock worth $460,000 after acquiring an additional 55 shares in the last quarter. Finally, Financial Architects Inc grew its stake in shares of Dr Pepper Snapple Group by 4.8% in the 2nd quarter. Financial Architects Inc now owns 1,322 shares of the company’s stock worth $121,000 after acquiring an additional 61 shares in the last quarter. Hedge funds and other institutional investors own 90.14% of the company’s stock.
Dr Pepper Snapple Group Company Profile
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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