|Bid||2.1200 x 1100|
|Ask||2.1300 x 4000|
|Day's Range||2.1100 - 2.1600|
|52 Week Range||2.0400 - 11.1400|
|Beta (3Y Monthly)||0.48|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.12 (2.88%)|
|1y Target Est||N/A|
Dean said earlier this year that it was exploring alternatives, including a sale, and Saputo is no stranger to the company, having purchased the faux-meat firm Morningstar from Dean in 2013.
Dean Foods Company (NYSE:DF), Pioneer Natural Resources Company (NYSE:PXD), Noble Energy, Inc. (NYSE:NBL), EOG Resources Inc (NYSE:EOG), and Parsley Energy Inc (NYSE:PE) are each in the spotlight for various reasons. Due to the developments that occurred, traders will also be watching each stock more closely in the future. In this article, let's find out why each stock has probably been […]
Dean Foods Co NYSE:DFView full report here! Summary * Perception of the company's creditworthiness is negative and weakening * ETFs holding this stock are seeing positive inflows * Bearish sentiment is high 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. However, the last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding DF are favorable with net inflows of $72.58 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. 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 email@example.com.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.
(Bloomberg) -- Investors are betting there’s no easy fix for Dean Foods Co., with the top U.S. dairy company’s bonds sinking deeper into distressed territory amid a long-term decline in American milk demand.
Ralph Lauren, Dean Foods, Cisco Systems, Hewlett Packard and Facebook highlighted as Zacks Bull and Bear of the Day
The market took a tumble on Friday, with the Dow shedding more than 450 points. The pullback was largely due to the "inverted yield curve," which in the past has been a sign that a recession is on the horizon. So, investors panicked and looked for stocks to sell.Remember, an inverted yield curve is when short-term rates, like the three-month Treasury, move higher than the 10-year Treasury. This is exactly what happened on Friday. Not only that, but over in Europe, the German 10-year Bund yields slipped below 0%. This was due to a purchasing managers index (PMI) figure for the Eurozone that came in at the weakest reading in six years.Luckily, the Federal Reserve remains very sensitive to global events like slowing growth in China and Europe, as well as weaker economic data here in the United States. The Fed is anticipating 2.1% U.S. GDP growth in 2019, so it can afford to be patient moving forward. This is why they've tapped the brakes on raising key interest rates in 2019. And last Wednesday's dovish FOMC statement drove Treasury yields to their lowest level in the past 12 months.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs a result, we experienced a five-basis-point Treasury yield curve inversion that spooked the stock market.Ultimately, the market was extremely overbought, so it was due for a breather. And the international flight to quality that's already underway -- due to the ongoing Brexit mess -- will continue to drive investors back to more domestic stocks with strong fundamentals. Lower Treasury yields are bullish for these stocks, which will attract money that's rotating out of bonds. * 7 Reasons to Buy Housing Stocks in 2019 However, I should add that these fundamentally superior stocks are growing increasingly scarce. The stock market is growing "narrower," especially with the 2019 pension funding season near an end and the first-quarter earnings season around the corner.Many multinational companies will struggle during this upcoming earnings season. This is mainly due to more difficult year-over-year comparisons. So, the narrow stock market will "funnel" money into more domestic stocks that can maintain strong sales and earnings.The bottom line: We are entering a stock pickers' market. So, it's more important than ever to stay laser-focused on stocks that can sustain strong earnings momentum.As for the ones that can't, well…look out below.My advice at this "fork in the road" is to purposefully avoid companies that simply don't measure up. And that's just the sort of assessment I designed my Portfolio Grader to do.Portfolio Grader assesses stocks on two key metrics: a Fundamental Grade and a Quantitative Grade.With the fundamentals, I want to see strong growth in sales, earnings and operating margins, as well as positive earnings surprises, upward revisions in Wall Street analyst's earnings forecasts, and strong cash flow, to name a few. Essentially, if a company is struggling to sell its products or is spending more than it makes, it's not a stock that you want to own for growth.That all being said -- I'm even more interested in a stock's Quantitative Grade. This basically tells us if it is experiencing strong buying pressure.When money is flooding into a stock, it gives it great momentum to rise going forward. So, I believe in "following the money" -- and these 10 are stocks to sell, as they are seeing extremely poor money flow, in addition to weak fundamentals: Stock RatingDean Foods (NYSE:DF) F Legg Mason (NYSE:LM) F Nomura Holdings (ADR) (NYSE:NMR) F Nu Skin Enterprises (NYSE:NUS) F Castle Brands (NYSEAMERICAN:ROX) F Ryanair Holdings Plc (ADR) (NASDAQ:RYAAY) F EchoStar (NASDAQ:SATS) F TiVo (NASDAQ:TIVO) F Tata Motors (ADR) (NYSE:TTM) F XPO Logistics (NYSE:XPO) F In the end, you'll find it's worthwhile to perform this "due diligence." And whether you're looking for stocks to buy or stocks to sell, my Portfolio Grader makes that simple and easy.Now, there are plenty that are seeing positive momentum -- in earnings/sales, as well as buying pressure. It's just important to find the right ones.The good news is that I've just recommended a stock for Accelerated Profits that knocks it out of the park in both respects. It's such a strong company that it holds the number-one ranking on my Accelerated Profits Buy List.This stock is still trading a little below my recommended buy limit, so now is the perfect time to check it out. If that interests you, click here to sign up and hear more.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks With Key Products That Face an Uncertain Future * 7 SaaS Stocks to Buy for Long-Term Gains * 5 Semiconductor Stocks That Are Scorching Hot Buys Compare Brokers The post 10 F-Rated Stocks to Sell in This Narrow Market appeared first on InvestorPlace.
Find out how Starbucks became a giant in the coffee industry and how partnering with international key suppliers helps the company prosper.
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.
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.