News stories about Dr Pepper Snapple Group (NYSE:DPS) have been trending positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Dr Pepper Snapple Group earned a daily sentiment score of 0.44 on Accern’s scale. Accern also gave media stories about the company an impact score of 77 out of 100, indicating that recent news coverage is likely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
- FY2018 EPS Estimates for Dr Pepper Snapple Group, Inc (DPS) Boosted by Jefferies Group (americanbankingnews.com)
- Where Does PepsiCo’s Valuation Stand ahead of 2Q Results? (finance.yahoo.com)
- Analyzing Coca-Cola Company (The) (KO) and Dr Pepper Snapple Group (NYSE:DPS) (americanbankingnews.com)
- Q2 2017 EPS Estimates for Dr Pepper Snapple Group, Inc Cut by Analyst (DPS) (americanbankingnews.com)
- Dr Pepper Snapple Group’s (DPS) Buy Rating Reiterated at Jefferies Group LLC (americanbankingnews.com)
A number of research firms have weighed in on DPS. Jefferies Group LLC restated a “buy” rating and set a $112.00 price objective on shares of Dr Pepper Snapple Group in a research report on Thursday. Zacks Investment Research upgraded shares of Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and set a $104.00 price objective for the company in a research report on Tuesday, June 27th. Barclays PLC restated a “hold” rating and set a $99.00 price objective on shares of Dr Pepper Snapple Group in a research report on Friday, April 28th. Royal Bank of Canada restated a “hold” rating and set a $91.00 price objective on shares of Dr Pepper Snapple Group in a research report on Friday, June 9th. Finally, BMO Capital Markets raised shares of Dr Pepper Snapple Group from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $98.00 to $105.00 in a report on Wednesday, June 7th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $98.54.
Shares of Dr Pepper Snapple Group (DPS) traded down 0.10% during midday trading on Monday, hitting $89.17. 516,330 shares of the company were exchanged. The company has a 50-day moving average price of $92.52 and a 200-day moving average price of $93.14. Dr Pepper Snapple Group has a 52-week low of $81.05 and a 52-week high of $99.47. The stock has a market capitalization of $16.39 billion, a price-to-earnings ratio of 19.62 and a beta of 0.60.
Dr Pepper Snapple Group (NYSE:DPS) last issued its earnings results on Wednesday, April 26th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.96 by $0.05. Dr Pepper Snapple Group had a return on equity of 38.52% and a net margin of 13.03%. The business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.55 billion. During the same quarter in the previous year, the business earned $0.94 EPS. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. On average, analysts forecast that Dr Pepper Snapple Group will post $4.64 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Thursday, July 6th. Stockholders of record on Wednesday, June 14th were issued a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.60%. The ex-dividend date was Monday, June 12th. Dr Pepper Snapple Group’s payout ratio is currently 51.10%.
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About Dr Pepper Snapple Group
Dr Pepper Snapple Group, Inc is an integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States, Mexico and Canada. The Company offers a diverse portfolio of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers.
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