Dr Pepper Snapple Group (DPS) - Analysts’ Weekly Ratings Updates

Dr Pepper Snapple Group (NYSE: DPS) recently received a number of ratings updates from brokerages and research firms:

• 7/28/2017 – Dr Pepper Snapple Group had its price target raised by analysts at UBS AG from $98.00 to $99.00. They now have a “neutral” rating on the stock.
• 7/27/2017 – Dr Pepper Snapple Group was given a new $96.00 price target on by analysts at Susquehanna Bancshares Inc. They now have a “hold” rating on the stock.
• 7/27/2017 – Dr Pepper Snapple Group was given a new $107.00 price target on by analysts at Credit Suisse Group. They now have a “buy” rating on the stock.
• 7/14/2017 – Dr Pepper Snapple Group had its “hold” rating reaffirmed by analysts at Cowen and Company. They now have a $96.00 price target on the stock.
• 7/12/2017 – Dr Pepper Snapple Group had its “buy” rating reaffirmed by analysts at BMO Capital Markets. They now have a $105.00 price target on the stock.
• 7/6/2017 – Dr Pepper Snapple Group had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $112.00 price target on the stock.
• 6/27/2017 – Dr Pepper Snapple Group was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $104.00 price target on the stock. According to Zacks, “Dr Pepper has robust long-term fundamentals – strong position in the flavored CSD market, aggressive RCI cost savings and regular cash returns to its shareholders. Solid execution, pricing gains, innovations, powerful marketing programs and productivity improvements have been driving sales and earnings growth for Dr Pepper since 2015. Dr Pepper’s allied brands have been an important driver of volume growth and profits in recent quarters. However, Dr Pepper’s shares unperformed the Zacks categorized Beverages-Soft Drinks industry so far this year. Overall, the company has been consistently witnessing sluggish volumes of its carbonated beverages. Again, its lowered Bai guidance (40-50% volume growth against 80-90% expected earlier) and lowered 2017 top-line growth outlook raise concern.”
• 6/23/2017 – Dr Pepper Snapple Group had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $112.00 price target on the stock. They wrote, “DPS announced today that the founder of its recently acquired Bai business, Ben Weiss, has decided to leave the co., appointing DPS vet Lain Hancock as his replacement as Bai CEO. While the news is somewhat unsurprising following DPS’s downward revision to its Bai guidance on its 1Q call, the co. appears on track to meet its recently revised +40-50% YoY guide for Bai. At 19x EV/ULFCF (>15% disc. to peers) we see a favorable risk reward. Maintain Buy, $112 PT. Bai CEO and founder Ben Weiss has decided to leave the business: DPS announced before market today (6/22) that the founder of its recently acquired Bai business, Ben Weiss, has decided to leave the company. The co. announced that 10-year DPS veteran Lain Hancock will replace Mr. Weiss as CEO. Mr. Hancock, who is a member of the co.’s executive leadership team, most recently served as VP of HR for DPS and previously held senior leadership positions in the co.’s supply chain organization. Mr.””
• 6/23/2017 – Dr Pepper Snapple Group had its “buy” rating reaffirmed by analysts at Credit Suisse Group.
• 6/9/2017 – Dr Pepper Snapple Group had its “hold” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $91.00 price target on the stock.
• 6/7/2017 – Dr Pepper Snapple Group was upgraded by analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating. They now have a $105.00 price target on the stock, up previously from $98.00. They noted that the move was a valuation call. They noted that the move was a valuation call.

Shares of Dr Pepper Snapple Group, Inc (DPS) traded down 1.29% on Friday, hitting $90.84. The company’s stock had a trading volume of 1,498,050 shares. The firm has a market cap of $16.70 billion, a price-to-earnings ratio of 19.99 and a beta of 0.60. The stock has a 50-day moving average price of $91.73 and a 200 day moving average price of $93.12. Dr Pepper Snapple Group, Inc has a one year low of $81.05 and a one year high of $99.47.

Dr Pepper Snapple Group (NYSE:DPS) last posted its earnings results on Thursday, July 27th. The company reported $1.25 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.28 by $0.03. Dr Pepper Snapple Group had a net margin of 13.03% and a return on equity of 38.52%. The company had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.77 billion. During the same quarter last year, the business posted $1.25 EPS. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. Equities research analysts predict that Dr Pepper Snapple Group, Inc will post $4.65 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, July 6th. Investors of record on Wednesday, June 14th were issued a $0.58 dividend. The ex-dividend date of this dividend was Monday, June 12th. This represents a $2.32 annualized dividend and a yield of 2.55%. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is presently 51.10%.

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.