Analysts Expect Dr Pepper Snapple Group Inc. (DPS) Will Announce Quarterly Sales of $1.84 Billion

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Analysts expect that Dr Pepper Snapple Group Inc. (NYSE:DPS) will announce sales of $1.84 billion for the current quarter, Zacks reports. Four analysts have provided estimates for Dr Pepper Snapple Group’s earnings, with estimates ranging from $1.82 billion to $1.86 billion. Dr Pepper Snapple Group reported sales of $1.80 billion during the same quarter last year, which would suggest a positive year-over-year growth rate of 2.2%. The company is scheduled to report its next earnings report on Thursday, July 26th.

According to Zacks, analysts expect that Dr Pepper Snapple Group will report full-year sales of $6.92 billion for the current fiscal year, with estimates ranging from $6.84 billion to $6.97 billion. For the next year, analysts anticipate that the firm will post sales of $7.14 billion per share, with estimates ranging from $7.02 billion to $7.21 billion. Zacks’ sales calculations are a mean average based on a survey of analysts that that provide coverage for Dr Pepper Snapple Group.

Dr Pepper Snapple Group (NYSE:DPS) last posted its quarterly earnings data on Wednesday, April 25th. The company reported $0.98 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.03 by ($0.05). The company had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.57 billion. Dr Pepper Snapple Group had a return on equity of 35.49% and a net margin of 15.62%.

Several research analysts recently weighed in on DPS shares. ValuEngine upgraded shares of Dr Pepper Snapple Group from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Stifel Nicolaus reaffirmed a “buy” rating and issued a $122.00 target price (down previously from $124.00) on shares of Dr Pepper Snapple Group in a research note on Wednesday, March 14th. Zacks Investment Research raised Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a research note on Friday, April 27th. Finally, Royal Bank of Canada raised Dr Pepper Snapple Group from a “sector perform” rating to an “outperform” rating and cut their target price for the stock from $135.00 to $125.00 in a research note on Monday, March 19th. Thirteen research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Dr Pepper Snapple Group has a consensus rating of “Hold” and a consensus price target of $117.43.

Dr Pepper Snapple Group opened at $122.37 on Friday, MarketBeat Ratings reports. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.66. The company has a market capitalization of $21.99 billion, a P/E ratio of 26.95, a P/E/G ratio of 2.26 and a beta of 0.76. Dr Pepper Snapple Group has a 1-year low of $83.23 and a 1-year high of $126.65.

In other news, insider Martin M. Ellen sold 30,000 shares of the stock in a transaction that occurred on Tuesday, June 12th. The stock was sold at an average price of $120.71, for a total transaction of $3,621,300.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ronald G. Rogers sold 16,232 shares of the stock in a transaction that occurred on Wednesday, June 6th. The shares were sold at an average price of $120.00, for a total value of $1,947,840.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 63,983 shares of company stock valued at $7,707,383. Insiders own 0.58% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Dr Pepper Snapple Group during the first quarter valued at approximately $225,000. Suntrust Banks Inc. boosted its stake in shares of Dr Pepper Snapple Group by 9.4% during the first quarter. Suntrust Banks Inc. now owns 5,222 shares of the company’s stock valued at $616,000 after purchasing an additional 450 shares during the period. Amalgamated Bank boosted its stake in shares of Dr Pepper Snapple Group by 9.7% during the first quarter. Amalgamated Bank now owns 26,266 shares of the company’s stock valued at $3,109,000 after purchasing an additional 2,332 shares during the period. Summit Trail Advisors LLC boosted its stake in shares of Dr Pepper Snapple Group by 16,270.4% during the first quarter. Summit Trail Advisors LLC now owns 130,963 shares of the company’s stock valued at $131,000 after purchasing an additional 130,163 shares during the period. Finally, Levin Capital Strategies L.P. boosted its stake in shares of Dr Pepper Snapple Group by 599.5% during the first quarter. Levin Capital Strategies L.P. now owns 24,272 shares of the company’s stock valued at $2,873,000 after purchasing an additional 20,802 shares during the period. 93.51% of the stock is owned by hedge funds and other institutional investors.

About Dr Pepper Snapple Group

Dr Pepper Snapple Group, Inc manufactures and distributes non-alcoholic beverages in the United States, Mexico and the Caribbean, and Canada. The company operates through three segments: Beverage Concentrates, Packaged Beverages, and Latin America Beverages. It offers flavored carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, mineral and coconut water, and mixers, as well as manufactures and sells Mott's apple sauces.

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Earnings History and Estimates for Dr Pepper Snapple Group (NYSE:DPS)

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