The stock of Dr Pepper Snapple Group Inc. (NYSE:DPS) is a huge mover today! About 684,318 shares traded hands. Dr Pepper Snapple Group Inc. (NYSE:DPS) has declined 5.25% since March 3, 2016 and is downtrending. It has underperformed by 13.60% the S&P500.
The move comes after 8 months positive chart setup for the $16.38 billion company. It was reported on Oct, 6 by Barchart.com. We have $108.33 PT which if reached, will make NYSE:DPS worth $3.77 billion more.
Analysts await Dr Pepper Snapple Group Inc. (NYSE:DPS) to report earnings on October, 27. They expect $1.12 EPS, up 3.70% or $0.04 from last year’s $1.08 per share. DPS’s profit will be $208.31 million for 19.66 P/E if the $1.12 EPS becomes a reality. After $1.25 actual EPS reported by Dr Pepper Snapple Group Inc. for the previous quarter, Wall Street now forecasts -10.40% negative EPS growth.
Dr Pepper Snapple Group Inc. (NYSE:DPS) Ratings Coverage
Out of 13 analysts covering Dr Pepper Snapple (NYSE:DPS), 6 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 46% are positive. Dr Pepper Snapple has been the topic of 23 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was maintained by Goldman Sachs with “Sell” on Wednesday, June 29. The rating was downgraded by Goldman Sachs on Wednesday, January 13 to “Sell”. The stock of Dr Pepper Snapple Group Inc. (NYSE:DPS) earned “Outperform” rating by Credit Agricole on Friday, January 22. The stock of Dr Pepper Snapple Group Inc. (NYSE:DPS) earned “Buy” rating by Evercore on Monday, October 5. RBC Capital Markets upgraded Dr Pepper Snapple Group Inc. (NYSE:DPS) rating on Tuesday, October 27. RBC Capital Markets has “Sector Perform” rating and $90 price target. Zacks downgraded the shares of DPS in a report on Monday, September 7 to “Hold” rating. The rating was maintained by Deutsche Bank with “Hold” on Friday, October 23. The firm has “Outperform” rating given on Friday, September 16 by Credit Suisse. The stock of Dr Pepper Snapple Group Inc. (NYSE:DPS) has “Outperform” rating given on Friday, January 22 by CLSA. UBS maintained the stock with “Neutral” rating in Friday, October 23 report.
According to Zacks Investment Research, “DR PEPPER SNAPPLE Group is one of the largest beverage companies in the Americas. They manufacture, market and distribute more than 50 brands of carbonated soft drinks, juices, ready to drink teas, mixers and other premium beverages across the United States, Canada, Mexico and the Caribbean.”
More notable recent Dr Pepper Snapple Group Inc. (NYSE:DPS) news were published by: Forbes.com which released: “RSI Alert: Dr Pepper Snapple Group Now Oversold” on October 04, 2016, also Investorplace.com with their article: “3 Big Stock Charts: Darden Restaurants, Inc. (DRI), Dr Pepper Snapple Group …” published on October 04, 2016, Forbes.com published: “Ex-Dividend Reminder: Harley-Davidson, Dr Pepper Snapple Group and Best Buy” on September 07, 2016. More interesting news about Dr Pepper Snapple Group Inc. (NYSE:DPS) were released by: Forbes.com and their article: “Relative Strength Alert For Dr Pepper Snapple Group” published on September 09, 2016 as well as Prnewswire.com‘s news article titled: “JosÃ© GutiÃ©rrez Joins Dr Pepper Snapple Group Board Of Directors” with publication date: September 22, 2016.
DPS Company Profile
Dr Pepper Snapple Group, Inc., incorporated on October 24, 2007, is an owner, maker and distributor of non-alcoholic beverages in the United States, Canada and Mexico. The Company’s products consist of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers. The Firm operates under three divisions: Beverage Concentrates, Packaged Beverages and Latin America Beverages. The Company’s brands include Dr Pepper, Canada Dry, Crush, Schweppes, Sunkist soda, 7UP, A&W, Sun Drop, RC Cola, Squirt, Diet Rite, Vernors and the concentrate form of Hawaiian Punch. The Firm distributes finished beverages and makes beverage concentrates and fountain syrups. The Firm operates over 20 manufacturing facilities across the United States and Mexico. The Firm caters to bottlers and distributors, retailers, food service and convenience store customers.
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