Wall Street brokerages expect that Dean Foods Co (NYSE:DF) will report sales of $1.89 billion for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for Dean Foods’ earnings, with the lowest sales estimate coming in at $1.86 billion and the highest estimate coming in at $1.92 billion. Dean Foods posted sales of $1.95 billion during the same quarter last year, which suggests a negative year-over-year growth rate of 3.1%. The company is expected to issue its next quarterly earnings report on Tuesday, August 6th.

On average, analysts expect that Dean Foods will report full-year sales of $7.57 billion for the current fiscal year, with estimates ranging from $7.47 billion to $7.73 billion. For the next year, analysts forecast that the company will post sales of $7.39 billion, with estimates ranging from $7.00 billion to $7.92 billion. Zacks Investment Research’s sales averages are an average based on a survey of research firms that cover Dean Foods.

Dean Foods (NYSE:DF) last posted its quarterly earnings results on Tuesday, May 7th. The company reported ($0.41) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.19). Dean Foods had a negative net margin of 5.13% and a negative return on equity of 21.02%. The firm had revenue of $1.80 billion for the quarter, compared to analysts’ expectations of $1.90 billion. During the same quarter in the previous year, the company earned $0.14 EPS. The company’s quarterly revenue was down 9.3% compared to the same quarter last year.

A number of research firms have recently commented on DF. ValuEngine cut shares of Dean Foods from a “hold” rating to a “sell” rating in a report on Wednesday, July 3rd. Zacks Investment Research upgraded shares of Dean Foods from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 30th. Two analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $6.00.

Shares of NYSE:DF traded up $0.03 during trading on Wednesday, reaching $1.06. 32,725 shares of the stock traded hands, compared to its average volume of 2,584,350. The firm’s 50-day moving average price is $1.12. Dean Foods has a 52-week low of $0.87 and a 52-week high of $11.00. The company has a debt-to-equity ratio of 4.86, a quick ratio of 0.84 and a current ratio of 1.22. The company has a market capitalization of $94.50 million, a PE ratio of -2.28 and a beta of 0.37.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DF. Norges Bank bought a new position in Dean Foods in the fourth quarter worth approximately $6,971,000. SG Americas Securities LLC raised its position in shares of Dean Foods by 100.9% during the 4th quarter. SG Americas Securities LLC now owns 13,862 shares of the company’s stock valued at $53,000 after purchasing an additional 1,591,078 shares during the period. AJO LP bought a new stake in shares of Dean Foods during the 1st quarter valued at $2,792,000. Smith Graham & Co. Investment Advisors LP raised its position in shares of Dean Foods by 90.0% during the 1st quarter. Smith Graham & Co. Investment Advisors LP now owns 1,866,920 shares of the company’s stock valued at $5,657,000 after purchasing an additional 884,210 shares during the period. Finally, Quinn Opportunity Partners LLC bought a new stake in shares of Dean Foods during the 1st quarter valued at $1,901,000. Institutional investors and hedge funds own 87.96% of the company’s stock.

About Dean Foods

Dean Foods Co engages in the manufacture, sale and direct-to-store distribution of fluid milk and other dairy & dairy case products. Its portfolio include the DairyPure and TruMoo brands, along with other regional dairy brands such as Alta Dena, Berkeley Farms, Country Fresh, Dean’s, Friendly’s, Garelick Farms, LAND O LAKES milk and cultured products, Lehigh Valley Dairy Farms, Mayfield, McArthur, Meadow Gold, Oak Farms, PET, T.G.

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