Analyst’s mean target price for The WhiteWave Foods Company (NYSE:WWAV) is $53.00 while analysts mean recommendation is 1.80. Analysts covering the shares maintain a consensus Strong Buy rating, according to Zacks Investment Research.
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After WhiteWave Foods Co (NYSE:WWAV) agreed to be acquired by Danone, Jefferies analyst Akshay Jagdale downgraded the company to a Hold rating with a price target of $56, marking a 0.16% increase from current levels. Ten equities research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the stock. WhiteWave Foods has an average rating of “Buy” and an average price target of $50.82. The total uptick to downtick ratio was 0.64, indicating the underlying weakness in the stock. The net short interest, as on June 30,2016, stood at 8,014,503 shares and the stocks days to cover will be 4 by factoring in the average per day volume of 1,847,884 shares. Finally, Pacad Investment Ltd. raised its position in shares of WhiteWave Foods by 17.2% in the first quarter. Swiss National Bank now owns 317,856 shares of the company’s stock valued at $12,368,000 after buying an additional 5,300 shares during the period.
SunTrust analysts issued their verdict on WhiteWave Foods Co (NYSE:WWAV) recently. Moreover, Shikiar Asset Management Inc has 3.66% invested in the company for 195,730 shares. The company has a market cap of $9.93 billion and a PE ratio of 56.98. On Jul 7, 2016, the shares registered one year high at $56.82 and the one year low was seen on Feb 11, 2016. The stock’s 50 day moving average is $47.47 and its 200 day moving average is $41.33.
WhiteWave Foods (NYSE:WWAV) last posted its quarterly earnings results on Tuesday, May 10th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.02. However its lowest revenue estimates are 1.02B and highest revenue estimates are 1.06B.
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Ford Motor Company (NYSE:F) continued its strong performance in China with vehicle sales in the first half for Ford, Lincoln and its joint ventures reaching 577,097 vehicles, a 6 percent increase compared to the same time a year ago. The stock’s Year Ago EPS disclosed as $0.33. Looking forward, analysts on average predict that earnings for the current quarter would come in between $0.52 and $0.57. It manufactures, markets, distributes, and sells branded plant-based foods and beverages, coffee creamers and beverages, and premium dairy products throughout North America and Europe. Its segments include Americas Foods & Beverages, Americas Fresh Foods and Europe Foods & Beverages.
