WhiteWave Foods (WWAV) Posts Earnings Results, Misses Expectations By $0.01 EPS

In the most recent quarter, Dean Foods Company (NYSE:DF) reported an earnings surprise of 41.18% when the firm last announced their results for the period ending on 2015-03-31.

A number of equities research analysts have issued reports on the company. The most bullish, or positive target sees the stock going to $60 within the year, while the most bearish, or conservative analyst sees the stock at $47. Wells Fargo & Co. restated a “buy” rating on shares of WhiteWave Foods in a report on Thursday, June 25th.

The Wallaby deal follows a steady string of acquisitions by WhiteWave since the company spun out of Dean Foods in 2013. Finally, Maxim Group began coverage on shares of WhiteWave Foods in a research report on Tuesday, June 23rd. The company has an average rating of Buy and an average target price of $50.02. Eight research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. The standard deviation of the price stands at $1.52.

WhiteWave Foods (NYSE:WWAV) released its quarterly earnings data on Friday. The stock was sold at an average price of $47.53, for a total transaction of $998,130.00. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Whitewave Foods Co, Hardin Joseph S Jr, had purchased 750 shares in a transaction dated on June 2, 2015. Also, EVP Roger E. Theodoredis sold 23,749 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $47.46, for a total transaction of $1,127,127.54. The disclosure for this sale can be found here.

Shares of WhiteWave traded at $49.25, down 2.6%, on Friday afternoon. The firm has a market cap of $8.67 billion and a PE ratio of 61.89. Post opening the session at $52.3, the shares hit an intraday low of $50.34 and an intraday high of $52.3 and the price vacillated in this range throughout the day.

WhiteWave’s management remains optimistic about the company’s future, with expectations that consumers will increasingly look for healthy food and beverages, the core driver for the company’s growth.

American Canyon, Calif.-based Wallaby is a manufacturer and distributor of organic dairy yogurt products, including Greek and Australian yogurts and kefir drinks.

It also expects its China joint venture investments to bolster development of its plant-based beverage business in the region.

WhiteWave Foods (WWAV – Get Report) is riding the health crazes as the natural and organic-food company, whose brands include Horizon Organic Milk and Silk soy milk, beat analysts’ earnings estimates for the second quarter and raised its profit estimates for the third quarter and full year. The North America segment offers products in the plant-based foods and beverages, coffee creamers and beverages, and dairy product categories throughout North America.