Equities research analysts expect that Dr Pepper Snapple Group (NYSE:DPS) will announce $1.57 billion in sales for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Dr Pepper Snapple Group’s earnings, with estimates ranging from $1.57 billion to $1.58 billion. Dr Pepper Snapple Group posted sales of $1.51 billion during the same quarter last year, which suggests a positive year-over-year growth rate of 4%. The business is scheduled to issue its next quarterly earnings results before the market opens on Wednesday, April 25th.
According to Zacks, analysts expect that Dr Pepper Snapple Group will report full-year sales of $6.94 billion for the current financial year, with estimates ranging from $6.89 billion to $7.01 billion. For the next fiscal year, analysts expect that the business will report sales of $7.18 billion per share, with estimates ranging from $7.10 billion to $7.25 billion. Zacks’ sales calculations are an average based on a survey of research analysts that that provide coverage for Dr Pepper Snapple Group.
Dr Pepper Snapple Group (NYSE:DPS) last announced its quarterly earnings data on Wednesday, February 14th. The company reported $1.17 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.17. The business had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.66 billion. Dr Pepper Snapple Group had a net margin of 16.08% and a return on equity of 37.05%. The firm’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.90 earnings per share.
Several brokerages have issued reports on DPS. Zacks Investment Research downgraded shares of Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research note on Wednesday. ValuEngine raised shares of Dr Pepper Snapple Group from a “hold” rating to a “buy” rating in a research note on Monday, March 19th. Royal Bank of Canada raised shares of Dr Pepper Snapple Group from a “sector perform” rating to an “outperform” rating and decreased their price objective for the stock from $135.00 to $125.00 in a research note on Monday, March 19th. Stifel Nicolaus reissued a “buy” rating and issued a $122.00 price objective (down previously from $124.00) on shares of Dr Pepper Snapple Group in a research note on Wednesday, March 14th. Finally, Jefferies Group downgraded shares of Dr Pepper Snapple Group from a “buy” rating to a “hold” rating and set a $111.00 price objective for the company. in a research note on Friday, February 16th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $117.43.
NYSE DPS traded down $0.12 during trading on Friday, hitting $120.32. The stock had a trading volume of 1,599,065 shares, compared to its average volume of 2,255,326. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.90 and a quick ratio of 0.72. The company has a market cap of $21,562.10, a P/E ratio of 26.50, a PEG ratio of 2.17 and a beta of 0.75. Dr Pepper Snapple Group has a one year low of $83.23 and a one year high of $126.65.
The business also recently declared a quarterly dividend, which was paid on Thursday, April 12th. Stockholders of record on Wednesday, March 21st were paid a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a dividend yield of 1.93%. The ex-dividend date of this dividend was Tuesday, March 20th. Dr Pepper Snapple Group’s dividend payout ratio is presently 51.10%.
Several institutional investors have recently bought and sold shares of DPS. Dimensional Fund Advisors LP raised its stake in shares of Dr Pepper Snapple Group by 7.4% during the third quarter. Dimensional Fund Advisors LP now owns 800,522 shares of the company’s stock valued at $70,822,000 after acquiring an additional 55,374 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Dr Pepper Snapple Group by 11.9% during the third quarter. Janney Montgomery Scott LLC now owns 6,409 shares of the company’s stock valued at $567,000 after buying an additional 684 shares during the period. California Public Employees Retirement System increased its holdings in Dr Pepper Snapple Group by 4.5% during the third quarter. California Public Employees Retirement System now owns 464,227 shares of the company’s stock valued at $41,070,000 after buying an additional 19,809 shares during the period. IFM Investors Pty Ltd purchased a new position in Dr Pepper Snapple Group during the third quarter valued at approximately $476,000. Finally, Hefty Wealth Partners increased its holdings in Dr Pepper Snapple Group by 1,186.0% during the fourth quarter. Hefty Wealth Partners now owns 5,311 shares of the company’s stock valued at $515,000 after buying an additional 4,898 shares during the period. 92.74% of the stock is owned by hedge funds and other institutional investors.
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Dr Pepper Snapple Group Company Profile
Dr Pepper Snapple Group, Inc manufactures and distributes non-alcoholic beverages in the United States, Mexico and the Caribbean, and Canada. The company operates through three segments: Beverage Concentrates, Packaged Beverages, and Latin America Beverages. It offers flavored carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, mineral and coconut water, and mixers, as well as manufactures and sells Mott's apple sauces.
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