Dean Foods (DF) Releases FY 2018 Earnings Guidance

Dean Foods (NYSE:DF) issued an update on its FY 2018 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $-0.3–0.1 for the period. Dean Foods also updated its FY18 guidance to ($0.30-0.10) EPS.

DF traded down $0.11 during trading on Friday, hitting $5.86. 197,358 shares of the stock were exchanged, compared to its average volume of 1,586,063. The firm has a market cap of $703.58 million, a price-to-earnings ratio of 7.31, a price-to-earnings-growth ratio of 1.54 and a beta of 0.02. Dean Foods has a 1-year low of $5.62 and a 1-year high of $12.09. The company has a quick ratio of 1.04, a current ratio of 1.47 and a debt-to-equity ratio of 1.39.

Dean Foods (NYSE:DF) last announced its earnings results on Wednesday, November 7th. The company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.22). Dean Foods had a net margin of 0.17% and a return on equity of 10.88%. The company had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.85 billion. During the same quarter last year, the business posted $0.20 earnings per share. The company’s revenue for the quarter was down 2.3% compared to the same quarter last year. Equities analysts expect that Dean Foods will post 0.4 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 4th. Shareholders of record on Monday, November 19th will be paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 2.05%. Dean Foods’s dividend payout ratio (DPR) is currently 45.00%.

DF has been the topic of several analyst reports. Zacks Investment Research upgraded Dean Foods from a sell rating to a hold rating in a research note on Tuesday, August 21st. Jefferies Financial Group set a $13.00 target price on Dean Foods and gave the company a buy rating in a research note on Tuesday, August 28th. ValuEngine downgraded Dean Foods from a sell rating to a strong sell rating in a research note on Tuesday, September 4th. Credit Suisse Group lowered their target price on Dean Foods from $7.00 to $4.00 and set a sell rating on the stock in a research note on Thursday. Finally, JPMorgan Chase & Co. downgraded Dean Foods from a neutral rating to an underweight rating and lowered their target price for the company from $9.00 to $6.00 in a research note on Friday, August 17th. Four equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. Dean Foods presently has an average rating of Hold and a consensus target price of $7.56.

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Dean Foods Company Profile

Dean Foods Company, a food and beverage company, processes and distributes milk, and other dairy and dairy case products in the United States. The company manufactures, markets, and distributes various branded and private label dairy, and diary case products, such as fluid milk, ice creams, cultured dairy products, creamers, ice cream mixes, and other dairy products; and juices, teas, bottled water, and other products.

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Earnings History and Estimates for Dean Foods (NYSE:DF)

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