Price Action Report: Today WhiteWave Foods Co Stock Crashes

Price Action Report: Today WhiteWave Foods Co Stock Crashes

The stock of WhiteWave Foods Co (NYSE:WWAV) is a huge mover today! About 2.19M shares traded hands. WhiteWave Foods Co (NYSE:WWAV) has risen 33.40% since March 11, 2016 and is uptrending. It has outperformed by 27.94% the S&P500.
The move comes after 6 months negative chart setup for the $9.59 billion company. It was reported on Oct, 14 by Barchart.com. We have $49.95 PT which if reached, will make NYSE:WWAV worth $671.30M less.

Analysts await WhiteWave Foods Co (NYSE:WWAV) to report earnings on November, 14. They expect $0.38 EPS, up 15.15% or $0.05 from last year’s $0.33 per share. WWAV’s profit will be $67.85M for 35.34 P/E if the $0.38 EPS becomes a reality. After $0.32 actual EPS reported by WhiteWave Foods Co for the previous quarter, Wall Street now forecasts 18.75% EPS growth.

WhiteWave Foods Co (NYSE:WWAV) Ratings Coverage

Out of 26 analysts covering Whitewave Foods Company (The) (NYSE:WWAV), 8 rate it a “Buy”, 2 “Sell”, while 16 “Hold”. This means 31% are positive. Whitewave Foods Company (The) has been the topic of 52 analyst reports since August 11, 2015 according to StockzIntelligence Inc. On Friday, December 11 the stock rating was initiated by DA Davidson with “Buy”. The company was upgraded on Wednesday, August 26 by Credit Agricole. The company was upgraded on Friday, September 11 by Bernstein. Wunderlich initiated WhiteWave Foods Co (NYSE:WWAV) rating on Friday, December 11. Wunderlich has “Hold” rating and $42 price target. As per Friday, July 8, the company rating was downgraded by JP Morgan. The stock of WhiteWave Foods Co (NYSE:WWAV) has “Positive” rating given on Wednesday, May 11 by Susquehanna. Wunderlich maintained the stock with “Hold” rating in Wednesday, May 18 report. As per Friday, February 12, the company rating was maintained by Wunderlich. The stock of WhiteWave Foods Co (NYSE:WWAV) earned “Sell” rating by Goldman Sachs on Tuesday, October 20. The rating was downgraded by Wells Fargo on Wednesday, August 17 to “Market Perform”.

According to Zacks Investment Research, “The WhiteWave Foods Company is a consumer packaged food and beverage company. It manufactures, markets, distributes, and sells branded plant-based foods and beverages, coffee creamers and beverages, and premium dairy products throughout North America and Europe. The Company’s products include soy milk, flavored creamers, organic milk, yogurt, cheese, butter, sour creams, and whipped creams. It serves the grocery and natural foods channels in the United States. The WhiteWave Foods Company is based in Dallas, Texas.”

Insitutional Activity: The institutional sentiment decreased to 1.12 in Q2 2016. Its down 0.10, from 1.22 in 2016Q1. The ratio dived, as 38 funds sold all WhiteWave Foods Co shares owned while 148 reduced positions. 52 funds bought stakes while 156 increased positions. They now own 145.67 million shares or 0.35% more from 145.16 million shares in 2016Q1.
First Republic Inv Mngmt holds 9,313 shares or 0% of its portfolio. Mark Sheptoff Fincl Planning Limited holds 0.05% of its portfolio in WhiteWave Foods Co (NYSE:WWAV) for 1,560 shares. Farmers And Merchants last reported 0% of its portfolio in the stock. Bnp Paribas Arbitrage Sa has invested 0.02% of its portfolio in WhiteWave Foods Co (NYSE:WWAV). Greenwood Cap Assoc Ltd Llc holds 0.09% or 6,296 shares in its portfolio. Homrich And Berg holds 0.07% or 16,700 shares in its portfolio. Moreover, Sfe Inv Counsel has 0.33% invested in WhiteWave Foods Co (NYSE:WWAV) for 14,895 shares. Vigilant Capital Management Ltd Liability accumulated 179,575 shares or 1.61% of the stock. Eagle Asset Mngmt Inc last reported 0.57% of its portfolio in the stock. Godsey & Gibb Associates accumulated 2.16% or 252,780 shares. Millennium Mngmt Ltd has invested 0.21% of its portfolio in WhiteWave Foods Co (NYSE:WWAV). Shelton Cap Mgmt holds 37,707 shares or 0.16% of its portfolio. Vantage Inv Advsrs Ltd last reported 100 shares in the company. Denver Inv Advsrs Ltd last reported 16,800 shares in the company. Teachers Retirement Systems Of The State Of Kentucky, a Kentucky-based fund reported 43,400 shares.

Insider Transactions: Since August 31, 2016, the stock had 0 insider buys, and 1 insider sale for $189,710 net activity. $189,710 worth of shares were sold by WRIGHT DOREEN A on Wednesday, August 31.

Another recent and important WhiteWave Foods Co (NYSE:WWAV) news was published by Prnewswire.com which published an article titled: “Robbins Geller Rudman & Dowd LLP Files Class Action Suit Against The WhiteWave …” on September 19, 2016.

WWAV Company Profile

The WhiteWave Foods Company, incorporated on July 17, 2012, is a consumer packaged food and beverage company. The Firm makes, markets, distributes and sells branded plant foods and beverages, coffee creamers and beverages, dairy products and organic produce throughout North America and Europe. The Firm also holds approximately 50% interest in a joint venture that makes, markets, distributes and sells plant beverages in China. The Company’s brands distributed in North America include Silk, Vega and So Delicious plant foods and beverages, International Delight and LAND O LAKES coffee creamers and beverages, Horizon Organic and Wallaby Organic dairy products, and Earthbound Farm organic salads, fruits and vegetables. The Company’s plant foods and beverages brands in Europe include Alpro and Provamel, and its plant beverages in China are sold under the Silk ZhiPuMoFang brand. The Company’s divisions include Americas Foods & Beverages, Americas Fresh Foods and Europe Foods & Beverages.

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