Equities Analysts Offer Predictions for Cott Corp’s Q4 2019 Earnings (TSE:BCB)

Cott Corp (TSE:BCB) (NYSE:COT) – Equities researchers at Jefferies Financial Group dropped their Q4 2019 earnings estimates for Cott in a note issued to investors on Sunday, November 10th. Jefferies Financial Group analyst K. Grundy now anticipates that the company will earn $0.07 per share for the quarter, down from their previous estimate of $0.09.

Shares of TSE BCB traded up C$0.09 during trading on Tuesday, hitting C$17.12. The company had a trading volume of 63,734 shares, compared to its average volume of 166,751. The stock has a 50 day simple moving average of C$16.75 and a 200 day simple moving average of C$17.35. The company has a debt-to-equity ratio of 137.84, a quick ratio of 0.73 and a current ratio of 1.01. Cott has a 12 month low of C$15.62 and a 12 month high of C$21.06. The firm has a market capitalization of $2.24 billion and a P/E ratio of -504.41.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, December 6th will be paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 1.40%. The ex-dividend date of this dividend is Monday, November 25th. Cott’s dividend payout ratio (DPR) is currently -705.88%.

About Cott

Cott Corporation, together with its subsidiaries, operates as a route based service company in the United States, the United Kingdom, Canada, and internationally. The company operates in three segments: Route Based Services; Coffee, Tea and Extract Solutions; and All Other. Its product portfolio includes bottled water, coffee, brewed tea, water dispensers, coffee and tea brewers, specialty coffee, liquid coffee or tea concentrate, single cup coffee, cold brewed coffee, iced blend coffee or tea beverages, blended teas, hot tea, sparkling tea, coffee or tea extract solutions, filtration equipment, hot chocolate, soups, malt drinks, creamers/whiteners, cereals, and beverage concentrates, as well as premium spring, sparkling and flavored, and mineral water.

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