Cott Corp (NYSE:COT) (TSE:BCB) has been assigned a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $17.25.
COT has been the topic of several analyst reports. Scotiabank set a $18.50 target price on Cott and gave the company a “sector perform” rating in a report on Tuesday, January 16th. BMO Capital Markets reiterated an “outperform” rating and set a $19.00 target price (up from $18.00) on shares of Cott in a report on Friday, March 2nd.
In other Cott news, VP Marni Morgan Poe sold 30,000 shares of Cott stock in a transaction that occurred on Thursday, March 8th. The stock was sold at an average price of $15.84, for a total transaction of $475,200.00. Following the sale, the vice president now directly owns 130,864 shares in the company, valued at approximately $2,072,885.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Jay Wells sold 35,000 shares of Cott stock in a transaction that occurred on Friday, March 9th. The stock was sold at an average price of $15.92, for a total value of $557,200.00. Following the sale, the chief financial officer now owns 114,257 shares in the company, valued at $1,818,971.44. The disclosure for this sale can be found here. Insiders have sold a total of 70,000 shares of company stock worth $1,110,850 over the last 90 days. 2.06% of the stock is owned by company insiders.
Shares of Cott (NYSE COT) traded down $0.17 during trading hours on Friday, hitting $15.33. The company had a trading volume of 325,887 shares, compared to its average volume of 1,058,944. The stock has a market cap of $2,209.08, a P/E ratio of -775.00 and a beta of 0.85. The company has a current ratio of 1.00, a quick ratio of 0.86 and a debt-to-equity ratio of 1.74. Cott has a 1-year low of $11.58 and a 1-year high of $17.77.
Cott (NYSE:COT) (TSE:BCB) last announced its earnings results on Thursday, March 1st. The company reported $0.02 EPS for the quarter, meeting the consensus estimate of $0.02. The business had revenue of $571.30 million for the quarter, compared to the consensus estimate of $617.21 million. Cott had a positive return on equity of 0.23% and a negative net margin of 0.05%. The company’s revenue was up 9.6% on a year-over-year basis. During the same period last year, the business posted $0.01 EPS. equities research analysts expect that Cott will post 0.24 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 28th. Shareholders of record on Tuesday, March 13th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Monday, March 12th. This represents a $0.24 annualized dividend and a yield of 1.57%. Cott’s dividend payout ratio is presently -1,200.00%.
TRADEMARK VIOLATION WARNING: This piece of content was originally posted by Markets Daily and is owned by of Markets Daily. If you are reading this piece of content on another website, it was copied illegally and republished in violation of international copyright and trademark legislation. The original version of this piece of content can be accessed at https://www.themarketsdaily.com/2018/03/13/cott-corp-cot-receives-17-25-consensus-target-price-from-analysts.html.
Cott Corp is a Canada-based company, which along with its subsidiaries, is engaged in production of beverages on behalf of retailers, brand owners and distributors. The Company operates through five operating segments: Water & Coffee Solutions; Cott North America; Cott United Kingdom (Cott U.K.), Royal Crown International (RCI) and Mexico.
Receive News & Ratings for Cott Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cott and related companies with MarketBeat.com's FREE daily email newsletter.