Wunderlich maintained the shares of WWAV in a report on May 18 with “Hold” rating. Liberty Mutual Group Asset Management Inc. now owns 113,293 shares of the company’s stock worth $4,408,000 after buying an additional 38,441 shares during the last quarter. “UNDERPERFORM RATING” issued by 1 analysts and “SELL RATING” signal was suggested by 0 analysts. The highest estimates of price target are $60.00 and low forecast is $42.00 based on the opinion of 21 analysts. Credit Suisse Group AG reissued a “buy” rating on shares of WhiteWave Foods in a report on Saturday. Furthermore on Jul-08-16 the stock was “Downgraded” by Stifel from Buy to Hold. The current consensus target price from Zacks Research is presently at $24.666 for the company. The shares have been rated “Hold” by the firm. Tigress Financial cut WhiteWave Foods from a “buy” rating to a “neutral” rating in a research report on Monday. In the research note, the firm Raises the price-target to $50.00 per share. On May 11, 2016, JP Morgan said it Maintains its rating on WhiteWave Foods Co.
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Whitewave Foods Company (NYSE:WWAV) dropped -0.39% and ended at $55.91. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $56.49.
The company’s strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, expanding profit margins, solid stock price performance and notable return on equity. Finally, Profund Advisors LLC increased its stake in shares of WhiteWave Foods by 64.4% in the fourth quarter. WhiteWave Foods has a 52-week low of $31.40 and a 52-week high of $56.82. The company has a market cap of $9.93B.
A press release detailing WhiteWave’s second quarter 2016 earnings results will be distributed prior to the webcast on Tuesday, August 9, 2016. The company has the institutional ownership of 87.50% while the Beta factor was 1.39.
In accordance with the consensus of 23 Analysts, the mean revenue figure of next quarter calculated to be at $1.11B. As on 2016-05-10 the EPS was $0.28. The Corporation has average brokerage recommendation (ABR) of 0 based on consensus of the brokerage firms issuing ratings.
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Several executives took part in recent insider activity for the stock. On Mar 7, 2016, Gregg L Engles (Chairman and CEO) sold 25,000 shares at $40.22 per share price. The Company manufactures, markets, distributes and sells branded plant-based foods and beverages, coffee creamers and beverages, dairy products and organic produce. Its segments include Americas Foods & Beverages, Americas Fresh Foods and Europe Foods & Beverages. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its plant-based foods and beverages brands in Europe include Alpro and Provamel.
