Share

Dean Foods betting big on DairyPure

Recent trading put Dean Foods Company stock at a 1.49 change from the 50 day moving average, which is +8.42%.

Advertisement

A number of research analysts have weighed in on the company. Raw milk costs were down 30% year-on-year, although Dean Foods said they had risen 4% from the second quarter of 2015.

JP Morgan resumed their coverage on the stock with Neutral rating on July 24.

DF and Dean Foods Company stock and share performance over the last 6 months. The rating is an average of the various different ratings given by analysts and brokers to Dean Foods Company, and then averaged into one rating by a team of analysts at Zacks in Chicago, Illinois. The 12-month consensus target price for the stock is $18.86, which reflects an upside potential of 0.64% over the current price.

Dean Foods Co (NYSE:DF) issued an update on its FY15 earnings guidance on Monday morning.

Dean Foods Company (NYSE:DF): 3 Analyst have given the stock of Dean Foods Company (NYSE:DF) a near short term price target of $18.33.

Sales for the quarter fell 14% to $2,033,693,000 when compared with the previous year.

Dean Foods Company (NYSE:DF): On Monday heightened volatility was witnessed in Dean Foods Company (NYSE:DF) which led to swings in the share price. The 50-Day Moving Average price is $17.59 and the 200 Day Moving Average price is recorded at $17.34.

On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, The director, of Dean Foods Co, Nevares Hector M had unloaded 13,841 shares at $19.52 per share in a transaction on December 31, 2014.

Q3 net income per diluted share was $0.22 and adjusted net income per diluted share was $0.30. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $0.58. Dean Foods Co (DF) has a price to book ratio of 2.95 versus Consumer Goods sector average of 1.09. The company presently has a consensus rating of “Hold” and a consensus target price of $18.86. The firm’s revenue for the quarter was down 14.3% compared to the same quarter past year.

Advertisement

Dean Foods, which sold or spun off the rapidly growing segments of its business, is looking to expand its offerings to the lactose intolerant crowd. It produces, promotes and distributes an assortment of branded and private label dairy case products, including fluid milk, ice cream, cultured dairy products, creamers, juice, tea, ice cream mix and other dairy products to retailers, distributors, foodservice outlets, educational institutions and Governmental things over America. The Business delivers its products to customer locations in refrigerated trucks or trailers that it owns or rents. Its products can be bought on a local or regional basis. Around 68 production facilities operate in 32 states located predicated on customer needs and other market factors, with supply capabilities across 50 states. Its portfolio of brands contain TruMoo, Alta Dena, Berkeley Farms, State Fresh and Dean’s, amongst others.

Dean Foods Stock Hovers Despite 3Q Revenue Miss