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DMND $37.56

DMND target price
37.56
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Diamond Foods, Inc.
Industry Consumer packaged goods
Founded 1912; 105 years ago (1912)
Headquarters Stockton, California, U.S.
Area served
100+ countries
Products Kettle Brand chips, Emerald snack nuts, Pop Secret popcorn, and Diamond of California snack and culinary nuts.
Parent Snyder's-Lance

Diamond Foods is an American packaged food brand originally based in Stockton, California, specializing in marketing nuts, particularly walnuts and almonds. Its brands include Kettle Brand chips, Emerald snack nuts, Pop Secret popcorn, and Diamond of California snack and culinary nuts. As of 2016, the brand is a wholly owned property of Snyder's-Lance.

The company was founded in 1912 as Diamond Walnut Growers, Inc., a member-owned Californian agricultural cooperative association. In July 2005, Diamond Walnut Growers converted to a Delaware corporation and initial public offering of stock as Diamond Foods.

Diamond Foods has five product lines:

Each of the snack product lines has “better-for-you” options including 100-calorie packs, 94% Fat Free popcorn and both baked potato chips with 65% less fat than traditional potato chips and a reduced fat chip with 40% less fat.

The company has about 1400 full-time employees in Wisconsin, Indiana, Tennessee, Alabama and the United Kingdom. Diamond does not grow any of its own crops; it purchases raw material from domestic and international sources. Diamond products are processed and packaged at facilities in Stockton, California; Salem, Oregon; Van Buren, Indiana; Beloit, Wisconsin; Robertsdale, Alabama; and Norwich in the United Kingdom.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2015-10-29 Downgrade BMO Capital Markets Outperform to Market Perform $35.00 to $40.00
2015-09-30 Reiterated Rating BMO Capital Markets Outperform $32.00 to $35.00
2015-08-12 Boost Price Target BB&T Corp. Buy $36.00
2015-06-09 Reiterated Rating BB&T Corp. Buy $35.00
2015-06-05 Upgrade Pivotal Research Sell to Hold $22.00 to $27.00
2015-03-06 Set Price Target Credit Suisse Buy $32.00
2015-03-06 Set Price Target Credit Suisse Group AG Buy $32.00
2015-02-02 Upgrade BMO Capital Markets Market Perform to Outperform $24.58 to $32.00
2014-07-03 Boost Price Target KeyBanc $32.00 to $35.00
2014-07-03 Boost Price Target KeyCorp $32.00 to $35.00
2014-06-23 Initiated Coverage Credit Suisse Outperform $32.00
2014-06-19 Upgrade Barclays Equal Weight to Overweight $36.00
2014-06-18 Upgrade KeyBanc Hold to Buy $27.58 to $32.00
2014-03-12 Boost Price Target SunTrust $20.00 to $30.00
2014-03-12 Boost Price Target BMO Capital Markets $22.00 to $31.00
2014-03-12 Boost Price Target BB&T Corp. $33.00 to $35.00
2013-10-01 Reiterated Rating Jefferies Group Hold $21.00
2013-10-01 Boost Price Target BMO Capital Markets Market Perform $14.00 to $18.00
2013-09-26 Upgrade BB&T Capital Mkts Hold to Buy $28
2013-09-26 Upgrade BB&T Corp. Hold to Buy $28.00
2013-06-11 Reiterated Northland Capital Market Perform $15 to $17
2012-01-13 Downgrade KeyBanc Capital Mkts Buy to Hold
2011-11-02 Downgrade Northland Securities Outperform to Market Perform $100 to $57
2011-09-19 Upgrade Northland Securities Market Perform to Outperform $60 to $100
2011-09-16 Initiated RBC Capital Mkts Outperform $76 to $87
2011-06-03 Reiterated RBC Capital Mkts Outperform $69 to $76
2011-05-12 Initiated Deutsche Bank Buy $75
2011-04-06 Reiterated RBC Capital Mkts Outperform $54 to $69
2011-04-06 Downgrade BB&T Capital Mkts Buy to Hold
2011-04-05 Reiterated Northland Securities Market Perform $47 to $60
2010-12-09 Reiterated Barclays Capital Equal Weight $45 to $47
2010-12-06 Downgrade Northland Securities Outperform to Market Perform
2010-09-30 Initiated RBC Capital Mkts Outperform $52
2010-04-16 Upgrade BB&T Capital Mkts Hold to Buy
2010-04-07 Reiterated Northland Securities Outperform $42 to $46
2015-10-29 Downgrade BMO Capital Markets Outperform to Market Perform $35.00 to $40.00
2015-09-30 Reiterated Rating BMO Capital Markets Outperform $32.00 to $35.00
2015-08-12 Boost Price Target BB&T Corp. Buy $36.00
2015-06-09 Reiterated Rating BB&T Corp. Buy $35.00
2015-06-05 Upgrade Pivotal Research Sell to Hold $22.00 to $27.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

Major Shareholders

Name Relationship Total Shares Holding stocks
Wilson Matthew C. 14.09%  (4420859) DMND /
OCM PF/FF Adamantine Holdings, Ltd. 14.09%  (4420859) DMND /
OAKTREE FUND GP I, L.P. 14.09%  (4420859) DMND / OAK /
Mendes Michael J Chairman, President & CEO 0.74%  (233776) DMND /
NEIL STEVEN M Chief Fin and Admin Officer 0.28%  (88788) DMND /
Burke Andrew EVP, Chief Marketing Officer 0.23%  (72260) DMND /
Kim Stephen SVP, General Counsel & HR 0.21%  (65354) DMND / MRIN /