3.1818 +0.07 (2.31%)
After hours: 4:26PM EDT
|Bid||2.7500 x 1100|
|Ask||0.0000 x 1000|
|Day's Range||3.0800 - 3.3200|
|52 Week Range||2.7300 - 11.1400|
|Beta (3Y Monthly)||0.35|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 6, 2019 - May 10, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.41|
Find out how Starbucks became a giant in the coffee industry and how partnering with international key suppliers helps the company prosper.
Dean Foods Co NYSE:DFView full report here! Summary * Perception of the company's creditworthiness is negative and weakening * Bearish sentiment is high and has been increasing * Economic output in this company's sector is expanding Bearish sentimentShort interest | NegativeShort interest is high for DF with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting DF. Sentiment has worsened and traders added to their bearish short positions on March 4. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold DF had net inflows of $3.48 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator with a weakening bias over the past 1-month. DF credit default swap spreads are at their highest levels for the past 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Kraft Heinz (KHC) has appointed Royal Bank of Canada to assess alternatives for its Breakstone's sour cream and cottage cheese business, per sources. This could also involve a potential sale.
The selloff in 2018's final quarter left many great companies in beaten-down territory, pushing yields for some dividend stocks to near-record highs. And despite the recovery in 2019, many of these same stocks still sport yields that are far better than their historical averages.But while some of these represent true bargains, some are dividend traps - high-yielding companies hampered by excessive risk and/or fading prospects. Dividend traps entice with rich yields almost like a siren song, only to disappoint later with dividend cuts.Even well-known companies aren't immune. Consider General Electric (GE), which once was among the bluest of blue chips but has slashed its payout twice in as many years. Another familiar name, Anheuser Busch InBev (BUD), halved its dividend in October because it had to deal with onerous debt.Unusually high yields can be a warning sign of a dividend trap, but they don't have to be. For some real estate investment trusts (REITs) and other areas of the market, well-above-market yields are the norm.But do watch out for factors such as overly leveraged balance sheets. Lenders, not equity holders, have a senior claim on company assets. So when interest rates rise high enough, companies may be forced to choose between dividends or interest payments. And of course, watch out for high payout ratios. Even the best-run businesses encounter obstacles, and companies that are really stretching their profits to fund the dividend might be forced to cut back when earnings thin out.Here are 12 high-yielding dividend stocks that possess many characteristics of a trap. Some yield slightly better than the market average, while others are flashing yields well into the teens. SEE ALSO: 14 Blue-Chip Dividend Stocks Yielding 4% or More
Dean Foods Inc. shares tumbled Wednesday, after the milk and dairy products supplier posted weaker-than-expected fourth-quarter earnings, announced it is suspending its dividend and said it’s exploring strategic options, including a potential sale of the company.
In retrospect, Tuesday's news that Dean Foods (NYSE:DF) was exploring strategic alternatives should have been a clue that Wednesday's earnings report would be anything but great. Thriving companies don't need to change a thing. Still, the actual depth of the company's woes was shocking. Dean Foods stock plummeted nearly 14% on Wednesday, after falling short of already-low earnings estimates and suspending its dividend.Source: Shutterstock Most damning of all, however, was legitimate analyst concern that the company behind brand names like Land O Lakes, Dairy Pure and TruMoo wouldn't actually find a willing buyer for the company as a whole, or in pieces.It's not exactly Dean Foods' fault. Although milk prices have been stable since 2015, they've stabilized at roughly one-third less than 2014's average.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 March Madness Stocks to Consider for the Big Dance A Look at Dean Foods Stock WoesWorse, Dean Foods now competes with the very companies that were and still are distributors of its product. Kroger (NYSE:KR) and Walmart (NYSE:WMT), along with other retailers, now offer so-called 'private label' house brands.Unlike Deans though, major grocery chains can afford to use milk and other dairy products as a loss-leader. Stifel analysts responded to Wedneday's quarterly update, "We believe the dairy categories and national refrigerated supply chain offer value to large grocery retailers with retailers increasingly viewing dairy, in particular private label dairy, as a strategic category to drive in-store traffic trips."End result? The organization lost 50 cents per share of Dean Foods stock last quarter, versus analyst expectations for a loss of 26 cents.The poor report extends an ever-worsening streak of fiscal trouble.In short, time has caught up with Dean Foods. Something has to change now. There's no assurance it will, or even can change, however. Strategic AlternativesClearly the company knew on Tuesday when it announced it was mulling strategic alternatives Wednesday's quarterly report would again be dire enough to leave it no choice but to seek out a partner, or buyer. Indeed, Dean Foods has likely sensed for a while this day of reckoning would arrive.The dairy outfit may have waited too long, however.Ken Goldman, an analyst at JPMorgan Chase & Co., said in a report Wednesday, "If Dean Foods does happen to find a buyer (unlikely, in our view), the stock will probably be purchased at a discount to the current price…Dean is a levered company with a fast-deteriorating business and numerous out-of-date production facilities."Bernstein's analysts concurred, backing their thesis up with some number-crunching, explaining, "At present, comparing the book value of all assets and netting off the value of all liabilities yields a book value of $3.44 per share. If we exclude the goodwill and intangibles that are currently on the balance sheet, we end up with a value of only [about] $1.25 per share."The current DF stock price stands at just below $4.00.Stifel's analysts were even more direct on the matter: "We do not believe there is a single strategic buyer for the company as it is constituted today." Looking Ahead for Dean Foods StockMatters could get worse before they get better. Morgan Stanley analyst Pamela Kaufman, who optimistically holds a price target of $6.00, conceded the company's current cost and pricing challenges could persist through 2019.That's time, however, Dean Foods may not have.The outlook for milk prices this year is only a very modest improvement on last year's average. And, although still producing positive cash flow, each passing day provides more opportunity for rivals like Kroger and even Amazon.com (NASDAQ:AMZN) to expand their in-house supply chain.Dean Foods is pushing back by aiming to serve that particular market rather than compete with it. CEO Ralph Scozzafava commented during the earnings call, "To win in the private-label piece of the business, we must be the low-cost provider and also transform the way we go to market." But, the company appears to be behind on both fronts.Dean Foods may have just passed its expiration date.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Reasons Kraft Heinz Stock Is a Contrarian Buy * 5 Housing Stocks to Buy for Renewed Homebuilder Confidence * 7 of the Best ETFs to Buy for a Rock-Solid Portfolio Compare Brokers The post Dean Foods Stock Has Passed Its Expiration Date appeared first on InvestorPlace.
Last week, Kraft Heinz Co., the owner of Jell-O and Oscar Mayer’s Wienermobile, lost $16 billion in market value after reporting a writedown that reduced the value of some big-name trademarks. Dean Foods Co.’s announcement it is contemplating a sale had some analysts doubting if the top milk company would lure any buyers for its shrinking business. Such legacy stalwarts have been criticized for not being in tune with where consumers are going, which is away from sugary, highly processed products that line the brand portfolios of such companies.
Moody's Investors Service ("Moody's") today downgraded Dean Foods Company's Corporate Family Rating (CFR) to B3 from B2 and its Probability of Default Rating to B3-PD from B2-PD. Moody's also downgraded the company's senior unsecured notes to Caa1 from B3.
Convenient Individual Ice Cream Cakes Make Anytime Dessert Time DALLAS , Feb. 28, 2019 /PRNewswire/ -- Friendly's ® , a Dean Foods Company (NYSE: DF) brand, is launching Cake Singles, individual ice cream ...
Dean Foods' (DF) Q4 performance hurt by higher transitory and input costs. Further, management plans to undertake strategic review of the company.
Dean Foods Co. reported a steep loss as costs climbed and it divested business units, leaving the nation’s largest dairy maker in a weaker position as it explores a sale. Shares in the Dallas-based company sank 16% on Wednesday after Dean reported a fourth-quarter loss. Dean also suspended its dividend and suspended forward financial guidance while it reviews options for its struggling business.
Stocks that moved substantially or traded heavily on Wednesday: Weight Watchers International Inc., down $10.20 to $19.37 The weight-loss program operator said it hasn't signed up as many subscribers as ...
Dean Foods earnings for the fourth quarter of 2018 have DF stock falling hard on Wednesday.Source: Shutterstock Dean Foods (NYSE:DF) reports surprise losses per share of 50 cents for the fourth quarter of the year. This is a major drop from the company's earnings per share of $1.00 during the same time last year. It was also a massive blow to DF stock by falling way short of Wall Street's earnings per share estimate of 70 cents for the quarter.The Dean Foods earnings release for the fourth quarter of 2018 also has it reporting a net loss of $260.12 million. This is down from the company's net income of $52.32 million reported in the fourth quarter of 2017.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOperating loss reported in the Dean Foods earnings release for the fourth quarter of the year was $263.83 million. The American food and beverage company reported operating income of $34.01 million in the same period of the year prior.Dean Foods earnings for the fourth quarter of 2018 also includes revenue of $1.93 billion. This is roughly the same as the company's revenue of $1.93 billion reported in the fourth quarter of the previous year. Unfortunately for DF stock, this is nowhere close to analysts' revenue estimate of $2.68 billion for the period. * 7 IPOs to Get Excited for in 2019 Dean Foods also recently announced that it is considering strategic alternatives for the company to increase shareholder value."These alternatives could include, among others, continuing to execute on the Company's business plan including an increased focus on certain standalone strategic initiatives, the disposition of certain assets, the formation of a joint venture, a strategic business combination, a transaction that results in private ownership or a sale of the Company, or some combination of these. "DF stock was down 8% as of noon Wednesday. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Consumer Stocks to Buy and Hold for Years * 4 China Stocks Soaring on Trade Hopes * 3 Esports Stocks to Benefit From the Boom As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Dean Foods Earnings: DF Stock Dives on Surprise Q4 Loss appeared first on InvestorPlace.
Check out the companies making headlines midday Wednesday:Lowe's LOW — Shares of Lowe's rose 2.47 percent after reporting a strong fourth-quarter earnings . However, the company also posted weaker than expected same-store sales.
Stock in the dairy company fell more than 15%. Management said it is conducting a strategic review of the business.
Best Buy Co. Inc.’s stock is on track for its best day since 2017, highlighting a busy slate of morning earnings that’s produced several double-digit movers.
Dean Foods Co. (NYSE: DF) announced Tuesday that it is exploring strategic alternatives. "We are taking vital, transformative actions to maximize the benefits of our scale and position the company for the long term, including implementing an enterprise-wide cost productivity plan and investing in core capabilities, technology, infrastructure, people and systems," said CEO Ralph Scozzafava in a prepared statement. Scozzafava said that the review of strategic alternatives initiated by the board of directors is meant to help accelerate business transformation.
Dean Foods Co (NYSE: DF ) is evaluating strategic business alternatives that include asset sales, joint ventures, a merger and a sale of the company. The company is still in the early stages of the process ...
The maker of Land O'Lakes and Country Fresh dairy products said it lost $260.1 million, or $2.85 a share, in the fourth quarter vs. a profit of $52.3 million, or 57 cents a share, a year earlier. Sales were roughly flat at $1.93 billion, though were higher than the FactSet consensus estimate of $1.91 billion.
The company said Tuesday that it’s undergoing a review and contemplating a sale, but there are “no strategic buyers who would be interested in owning a shrinking milk business,” Ken Goldman, an analyst at JPMorgan Chase & Co., said in a report Wednesday. “If Dean Foods does happen to find a buyer (unlikely, in our view), the stock will probably be purchased at a discount to the current price,” Goldman wrote.