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DPS $123.66

DPS target price
123.66
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Dr Pepper Snapple Group Inc.
Type
Public
Traded as NYSE: DPS
S&P 500 Component
Industry Beverage
Predecessor Dr Pepper Seven Up
Founded May 7, 2008; 9 years ago (2008-05-07)
Headquarters Plano, Texas, U.S.
Key people
Larry Young (President and CEO)
Martin Ellen (CFO)
Products Dr Pepper
Snapple
RC Cola
A&W
7 Up (U.S.)
Schweppes
Sunkist
Canada Dry
Big Red
Mott's
Hawaiian Punch
Other beverages
Revenue
  • Increase US$5,997.0 million (2013)
  • Increase US$5,995.0 million (2012)
Operating income
  • Decrease US$1,046.0 million (2013)
  • Increase US$1,092.0 million (2012)
Net income
  • Decrease US$624.0 million (2013)
  • Increase US$629.0 million (2012)
Total assets
  • Decrease US$8,201.0 million (2013)
  • Decrease US$8,928.0 million (2012)
Total equity
  • Decrease US$2,277.0 million (2013)
  • Increase US$2,280.0 million (2012)
Number of employees
19,000 (2010)
Subsidiaries Dr Pepper Snapple Bottling Group
Bai Brands
Big Red, Inc
Canada Dry Motts
Groupo Peñafiel
Website DrPepperSnappleGroup.com

Dr Pepper Snapple Group Inc. is an American soft drink company, based in Plano, Texas. Formerly called Cadbury Schweppes Americas Beverages, on May 5, 2008, it was spun off from Britain's Cadbury Schweppes, with trading in its shares starting on May 7, 2008. Cadbury Schweppes plc went on to become Cadbury plc on May 5, 2008.

Beverage America and Select Beverages bottlers were purchased from the Carlyle Group in February 1998. Snapple, Mistic and Stewart's (formerly Cable Car Beverage) were sold by Triarc Companies, Inc. to Cadbury Schweppes in 2000 for $1.45 billion. In October of that same year, Cadbury Schweppes purchased Royal Crown from Triarc.

In 2006 and 2007, Cadbury Schweppes purchased the Dr Pepper/Seven Up Bottling Group, along with several other regional bottlers. This allowed DPS to bottle many of its own beverages and combat the recent decision by many Pepsi and Coke bottlers who had dropped their Dr Pepper and Snapple products to promote new product additions from Pepsi and Coke. Some of the Dr Pepper/Seven Up brands are still licensed to Pepsi, Coke and independent bottlers in various regions of the United States and Canada.

In November 2007, Cadbury Schweppes announced it would take the beverages unit public. In May 2008, Cadbury Schweppes demerged its beverage holdings forming the Dr Pepper Snapple Group.

Dr Pepper Snapple Group holds naming rights to the Dallas Stars' practice facility, the Dr Pepper Star Center, which is located in Frisco, Texas. It also retains non-alcoholic beverage rights to each facility's concessions as a result of the deals as well as sponsorships with the NHL franchise.

In 2008, Dr Pepper Snapple Group purchased minority interest in Big Red, Inc, makers of Big Red, NuGrape, Nesbitt's and other flavored drinks.

In 2014, the company announced that it accomplished its goal of reducing use of polyethylene terephthalate (PET) in its plastic bottles. Dr Pepper Snapple lowered the amount of PET in its bottles by over 60 million pounds between 2007 and 2014.

On November 22, 2016, Dr Pepper Snapple announced plans to make a cash purchase of Bai Brands for $1.7 billion. It had previously purchased a minority stake in the company for $15 million in 2015.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2016-06-29 Lower Price Target Goldman Sachs Sell $90.00 to $89.00
2016-06-29 Lower Price Target Goldman Sachs Group Inc. Sell $90.00 to $89.00
2016-05-17 Reiterated Rating Credit Agricole Outperform
2016-05-17 Reiterated Rating Credit Agricole SA Outperform
2016-04-28 Reiterated Rating BMO Capital Markets Hold
2016-04-28 Boost Price Target Barclays Equal Weight $88.00 to $94.00
2016-04-28 Boost Price Target Barclays PLC Equal Weight $88.00 to $94.00
2016-04-27 Reiterated Rating Susquehanna Hold
2016-04-15 Reiterated Rating Bank of America Underperform
2016-04-15 Reiterated Rating Bank of America Corp. Underperform
2016-03-05 Reiterated Rating Susquehanna Hold
2016-02-18 Boost Price Target Stifel Nicolaus Buy $98.00 to $102.00
2016-02-18 Reiterated Rating Evercore ISI Buy
2016-02-18 Reiterated Rating Susquehanna Hold
2016-02-18 Reiterated Rating Sterne Agee CRT Buy
2016-02-07 Reiterated Rating Susquehanna Hold to Neutral
2016-02-05 Boost Price Target Susquehanna $87.00 to $92.00
2016-01-27 Boost Price Target BMO Capital Markets $90.00 to $92.00
2016-01-22 Upgrade Credit Agricole Underperform to Outperform $94.00 to $101.00
2016-01-22 Upgrade CLSA Underperform to Outperform $94.00 to $101.00
2016-01-13 Downgrade Goldman Sachs Neutral to Sell $86.00 to $87.00
2015-11-22 Reiterated Rating Deutsche Bank Hold $95.00
2015-11-22 Reiterated Rating Deutsche Bank AG Hold $95.00
2015-10-27 Upgrade RBC Capital Underperform to Sector Perform $68.00 to $90.00
2015-10-27 Upgrade Royal Bank Of Canada Underperform to Sector Perform $68.00 to $90.00
2015-10-26 Boost Price Target BMO Capital Markets Market Perform $80.00 to $90.00
2015-10-24 Reiterated Rating Barclays Hold
2015-10-23 Reiterated Rating Deutsche Bank Hold $84.00 to $95.00
2015-10-23 Boost Price Target JPMorgan Chase & Co. $90.00 to $95.00
2015-10-23 Boost Price Target Jefferies Group $84.00 to $91.00
2015-10-23 Boost Price Target Citigroup Inc. $84.00 to $93.00
2015-10-23 Boost Price Target Sanford C. Bernstein Market Perform $84.00 to $89.00
2015-10-23 Boost Price Target Barclays Equal Weight $82.00 to $88.00
2015-10-22 Reiterated Rating Susquehanna Hold $87.00
2015-10-14 Boost Price Target Jefferies Group Hold $84.00
2015-10-05 Upgrade Evercore ISI Hold to Buy $92.00
2015-10-01 Reiterated Rating Susquehanna Neutral $87.00
2015-07-20 Initiated Coverage Sterne Agee CRT Buy $88.00
2015-07-20 Boost Price Target Jefferies Group Hold $81.00
2015-04-24 Set Price Target Cowen and Company Hold $80.00
2015-04-24 Boost Price Target BMO Capital Markets Market Perform $74.00 to $80.00
2015-04-24 Reiterated Rating Citigroup Inc. Neutral $81.00 to $84.00
2015-04-24 Boost Price Target Jefferies Group Hold to Hold $75.00 to $80.00
2015-04-13 Initiated Coverage Susquehanna Neutral $87.00
2015-03-26 Upgrade Stifel Nicolaus Hold to Buy $77.17 to $90.00
2015-03-02 Reiterated Rating Morgan Stanley Hold
2015-02-17 Reiterated Rating Citigroup Inc. Hold $67.00 to $81.00
2015-02-13 Reiterated Rating JPMorgan Chase & Co. Hold $70.00 to $84.00
2015-02-13 Boost Price Target Jefferies Group Hold $73.00 to $74.00
2015-02-13 Boost Price Target Deutsche Bank Hold $70.00 to $80.00
2015-02-13 Set Price Target Barclays Hold $77.00 to $80.00
2015-02-13 Upgrade Wells Fargo & Co. Underperform to Market Perform $75.00
2015-02-13 Downgrade Gabelli Buy to Hold
2015-02-13 Upgrade Wells Fargo Underperform to Market Perform $75.00
2015-02-12 Set Price Target BTIG Research Sell $50.00
2015-01-26 Boost Price Target Jefferies Group Hold $66.00 to $73.00
2015-01-15 Upgrade Goldman Sachs Sell to Neutral $75.00
2014-12-12 Boost Price Target Bank of America Neutral $70.00 to $75.00
2014-12-01 Downgrade RBC Capital Sector Perform to Underperform $55.00
2014-10-24 Reiterated Rating Credit Suisse Neutral $62.00 to $68.00
2014-10-24 Reiterated Rating Jefferies Group Hold
2014-10-24 Reiterated Rating Credit Suisse Group AG Neutral $62.00 to $68.00
2014-10-10 Reiterated Rating Bank of America Neutral $62.00 to $66.00
2014-09-15 Initiated Coverage Cowen and Company Market Perform $65.00
2014-07-25 Reiterated Rating Jefferies Group Hold $53.00 to $55.00
2014-07-25 Reiterated Rating Credit Suisse Neutral $58.00 to $62.00
2014-07-25 Reiterated Rating Deutsche Bank Hold $55.00 to $62.00
2014-07-25 Reiterated Rating Citigroup Inc. Neutral $61.00 to $64.00
2014-07-25 Reiterated Rating Barclays Equal Weight $60.00 to $65.00
2014-07-21 Initiated Coverage Evercore ISI Neutral
2014-06-24 Downgrade Citigroup Inc. Buy to Neutral $61.00
2014-06-18 Initiated Coverage BTIG Research Sell to Sell $50.00
2014-06-09 Initiated Coverage Jefferies Group Hold $53.00
2014-04-28 Upgrade Ned Davis Research Neutral to Buy
2014-04-24 Reiterated Rating Credit Suisse Neutral $58.00
2014-04-24 Reiterated Rating Citigroup Inc. Buy $61.00
2014-04-24 Reiterated Rating Barclays Equal Weight $56.00
2014-04-24 Boost Price Target JPMorgan Chase & Co. $54.00 to $58.00
2014-04-24 Boost Price Target Deutsche Bank Hold $51.00 to $55.00
2014-04-24 Boost Price Target RBC Capital Sector Perform $48.00 to $50.00
2014-04-08 Downgrade Wells Fargo & Co. Market Perform to Underperform $47.00 to $49.00
2014-04-08 Downgrade Wells Fargo Market Perform to Underperform $47.00 to $49.00
2014-02-13 Boost Price Target Barclays Equal Weight $48.00 to $52.00
2013-12-12 Initiated Coverage Janney Montgomery Scott Buy $55.00
2013-11-25 Initiated Coverage RBC Capital Sector Perform $48.00
2013-10-11 Downgrade Wells Fargo & Co. Outperform to Market Perform
2013-10-11 Downgrade Wells Fargo Outperform to Market Perform
2013-09-19 Downgrade Goldman Sachs Neutral to Sell $48.00 to $45.00
2012-07-27 Reiterated UBS Neutral $43 to $45
2011-10-27 Reiterated Barclays Capital Equal Weight $43 to $40
2011-04-15 Downgrade Deutsche Bank Buy to Hold $60 to $60
2010-06-09 Reiterated Stifel Nicolaus Buy $38 to $40
2010-03-11 Upgrade UBS Neutral to Buy $31 to $42
2010-01-28 Initiated Davenport Buy
2009-12-09 Reiterated Barclays Capital Overweight $32 to $33
2009-10-12 Downgrade Deutsche Securities Buy to Hold $31 to $32
2016-06-29 Lower Price Target Goldman Sachs Sell $90.00 to $89.00
2016-06-29 Lower Price Target Goldman Sachs Group Inc. Sell $90.00 to $89.00
2016-05-17 Reiterated Rating Credit Agricole Outperform
2016-05-17 Reiterated Rating Credit Agricole SA Outperform
2016-04-28 Reiterated Rating BMO Capital Markets Hold

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

Major Shareholders

Name Relationship Total Shares Holding stocks
YOUNG LARRY D President & CEO 0.11%  (221341) DPS /
Collins Rodger L. Executive Vice President 0.06%  (110299) DPS /
Baldwin James L. JR Executive Vice President 0.05%  (91577) DPS /
ELLEN MARTIN M Executive Vice President & CFO 0.04%  (78653) DPS / EXP /
Thomas David Executive Vice President 0.02%  (39927) DPS /
ADAMS JOHN L 0.02%  (37552) DPS / GPI / TRN /
SANDERS WAYNE R 0.02%  (37211) DPS / TXN /
STAHL JACK L 0.01%  (27210) COTY / CTLT / DPS /
Johnston James J. JR Executive Vice President 0.01%  (23713) DPS /
MARTIN TERENCE D 0.01%  (20066) DPS /
Barry Tina Executive Vice President 0.01%  (19215) DPS /
SZOSTAK M ANNE 0.01%  (18240) DPS / IDXX / TUP /
Rogers Ronald G. 0.01%  (16232) DPS /
Alexander David E 0.01%  (15961) DPS /
PATSLEY PAMELA H 0.01%  (15713) DPS / MGI / TXN /
Weinstein Michael Feder 0.01%  (13726) BOBE / DPS /
ROCHE JOYCE M 0.01%  (13147) DPS / M / T / TUP /