Analysts Anticipate Dr Pepper Snapple Group, Inc (DPS) Will Post Earnings of $1.18 Per Share

Equities research analysts predict that Dr Pepper Snapple Group, Inc (NYSE:DPS) will post earnings per share of $1.18 for the current quarter, Zacks reports. Five analysts have provided estimates for Dr Pepper Snapple Group’s earnings, with estimates ranging from $1.15 to $1.21. Dr Pepper Snapple Group reported earnings per share of $1.17 in the same quarter last year, which suggests a positive year over year growth rate of 0.9%. The business is scheduled to announce its next quarterly earnings results on Thursday, October 26th.

According to Zacks, analysts expect that Dr Pepper Snapple Group will report full year earnings of $4.65 per share for the current fiscal year, with EPS estimates ranging from $4.58 to $4.69. For the next year, analysts anticipate that the firm will report earnings of $4.99 per share, with EPS estimates ranging from $4.86 to $5.10. Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that cover Dr Pepper Snapple Group.

Dr Pepper Snapple Group (NYSE:DPS) last posted its quarterly 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). The firm had revenue of $1.80 billion for the quarter, compared to analysts’ expectations of $1.77 billion. Dr Pepper Snapple Group had a net margin of 11.73% and a return on equity of 38.28%. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.25 EPS.

DPS has been the topic of a number of research analyst reports. Susquehanna Bancshares Inc set a $92.00 target price on Dr Pepper Snapple Group and gave the stock a “hold” rating in a research report on Saturday, May 27th. BMO Capital Markets upgraded Dr Pepper Snapple Group from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $98.00 to $105.00 in a research report on Wednesday, June 7th. They noted that the move was a valuation call. Royal Bank Of Canada reiterated a “hold” rating and set a $91.00 target price on shares of Dr Pepper Snapple Group in a research report on Friday, June 9th. Jefferies Group LLC reiterated a “buy” rating and set a $112.00 target price on shares of Dr Pepper Snapple Group in a research report on Friday, June 23rd. Finally, Credit Suisse Group reiterated a “buy” rating on shares of Dr Pepper Snapple Group in a research report on Friday, June 23rd. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $99.25.

Dr Pepper Snapple Group (NYSE DPS) traded up 0.07% during mid-day trading on Tuesday, reaching $91.65. The company’s stock had a trading volume of 539,842 shares. The stock’s 50 day moving average is $91.22 and its 200 day moving average is $92.96. Dr Pepper Snapple Group has a one year low of $81.05 and a one year high of $99.47. The firm has a market cap of $16.66 billion, a PE ratio of 21.98 and a beta of 0.61.

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 5th. Investors of record on Thursday, September 14th will be given a $0.58 dividend. This represents a $2.32 annualized dividend and a yield of 2.53%. The ex-dividend date of this dividend is Wednesday, September 13th. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is presently 55.64%.

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In other Dr Pepper Snapple Group news, insider Angela A. Stephens sold 7,700 shares of Dr Pepper Snapple Group stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $91.12, for a total value of $701,624.00. Following the sale, the insider now owns 6,053 shares of the company’s stock, valued at approximately $551,549.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Angela A. Stephens sold 3,160 shares of Dr Pepper Snapple Group stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $92.51, for a total value of $292,331.60. Following the completion of the sale, the insider now directly owns 16,913 shares in the company, valued at approximately $1,564,621.63. The disclosure for this sale can be found here. Insiders own 0.58% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in Dr Pepper Snapple Group by 2.9% in the 2nd quarter. Vanguard Group Inc. now owns 18,408,234 shares of the company’s stock valued at $1,677,174,000 after purchasing an additional 510,155 shares in the last quarter. BlackRock Inc. boosted its holdings in Dr Pepper Snapple Group by 4.9% in the 2nd quarter. BlackRock Inc. now owns 17,172,007 shares of the company’s stock valued at $1,564,543,000 after purchasing an additional 802,560 shares in the last quarter. State Street Corp boosted its holdings in Dr Pepper Snapple Group by 0.4% in the 1st quarter. State Street Corp now owns 8,505,213 shares of the company’s stock valued at $832,832,000 after purchasing an additional 34,155 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Dr Pepper Snapple Group by 0.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 8,399,141 shares of the company’s stock valued at $765,245,000 after purchasing an additional 75,164 shares in the last quarter. Finally, Fundsmith LLP boosted its holdings in Dr Pepper Snapple Group by 0.5% in the 1st quarter. Fundsmith LLP now owns 5,329,086 shares of the company’s stock valued at $521,824,000 after purchasing an additional 24,232 shares in the last quarter. 90.36% of the stock is currently owned by institutional investors.

Dr Pepper Snapple Group Company Profile

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

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