Dean Foods Company (NYSE:DF) [Trend Analysis] has kept up with the changing appetite, stock decreased around -0.27% in early session as Dean Foods (DF) decided to takeover Friendly’s Ice Cream retail and manufacturing units for $155 million. Dean Foods released that it has agreed to acquire the manufacturing and retail ice cream business from an affiliate of Friendly’s Ice Cream for $155 million in cash. Friendly’s Ice Cream had $166 million in net sales in 2015.
CEO Gregg Tanner said, “Our Q1 performance marks a strong start to 2016. Solid execution across all functions led to continued improvement in our financial and operational performance from Q4 to Q1. We continue to execute our agenda at high levels across the entire team.” CFO Chris Bellairs stated that they delivered a solid start to 2016 across their key financial measures. They delivered $29M of free cash flow and $122 million of adjusted EBITDA for the quarter. On all cash netted basis, their total leverage improved to 1.72 times net debt to bank EBITDA, representing their fifth sequential quarterly improvement.
Moving toward the volatility measures, the price volatility of stock was 2.95% for a week and 2.47% for a month as well as price volatility’s Average True Range for 14 days was 0.43. 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 27.46. 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%.
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 26.29%and going down from its 52 week high price with -13.82%. The company’s shares performance for the last one month was 6.07% and 2.71% in the previous week. The stock price of firm is moving up from its 20 days moving average with 4.71% and remote isolated positively from 50 days moving average with 1.05%.