Dean Foods Company (NYSE:DF) [Trend Analysis] has kept up with the changing appetite, stock knocked up around 0.77% in early session as it gain volume of 3.01 Million shares as compare to its average volume of 2719.03 shares and then traded at $18.21. Dean Foods Co. (DF) released that it has decided to takeover manufacturing and retail ice cream business from an affiliate of Friendly’s Ice Cream, LLC , a leading ice cream and dining brand in the Northeast U.S., for $155M in cash. Friendly’s Ice Cream, by means of $166M in net sales in 2015, is an iconic brand that produces popular packaged ice cream and other frozen dessert products, including single-serve sundae cups, novelty items, cakes and rolls. Friendly’s distributes these products in over 8,000 retail outlets. Founded in 1935, the brand has a rich heritage and a long history of delighting consumers.
Moving toward the volatility measures, the price volatility of stock was 2.38% for a week and 2.29% for a month as well as price volatility’s Average True Range for 14 days was 0.39. The beta, which indicates risk in relegation to the market, remained 0.61. The firm past twelve months price to sales ratio was 0.21 and price to cash ratio remained 27.53. As far as the returns are concern, the return on equity was recorded as -1.50% and return on investment was 4.00%, while its return on asset stayed at -0.30%.
For current month, 2 analyst from pool recommended for an “overweight” rating, while 4 gave rating of “Buy” and 6 analysts suggest to “Hold” and 2 gave preference to “underweight,” according to research rating by WSJ.
While alarming thing to be notice is price target, the average pool price target for DF has been mentioned as; 25.00 tends to high price target, medium level touched to 21.00, and 17.00 was assigned as lowest share price targets. To accommodate all of these, average analyst price target appeared by 20.70, where as the current price is 18.21, as per research conducted by WSJ.
The liquidity measure in recent quarter results of company was recorded 1.40 as current ratio, on the other side the debt to equity ratio was 1.54. The Company has gross margin of 24.30% and profit margin was negative -0.10% in trailing twelve months.
Dean Foods Company (NYSE:DF) is ahead its 52 week low with 26.63%and going down from its 52 week high price with -13.58%. The company’s shares performance for the last one month was 5.75% and 4.18% in the previous week. The stock price of firm is moving up from its 20 days moving average with 5.33% and remote isolated positively from 50 days moving average with 1.21%.