WhiteWave Foods Co (NYSE:WWAV) to be Acquired by Danone for $12B


The WhiteWave Food Company (NYSE:WWAV) was downgraded by JP Morgan from a "Overweight" rating to a "Neutral" rating in a an analyst note issued to clients and investors on Friday morning. 11 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy.

A press release detailing WhiteWave's q2 2016 earnings results will be distributed previousto the webcast on Tuesday, August 9, 2016.

The WhiteWave Foods Company is a consumer packaged food and beverage company. The average broker rating of 21 research analysts is 1.83, which indicates as a Buy. The company now has a consensus rating of "Buy" and a consensus price target of $50.82. The total traded volume of the day was 9,385,121 shares.

Last week, yogurt giant Danone (DANOY) said it would buy the organic foods producer for $56.25 per share.

On Tuesday, shares of Hecla Mining Company (NYSE:HL) subtract -3.80% and closed at $5.82 in the last trading session. The firm has a market cap of $10.02 billion and a price-to-earnings ratio of 57.50. However its lowest revenue estimates are 8.58 Billion and highest revenue estimates are 8.88 Billion.

Ralph Lauren Corporation's (RL) EPS growth ratio for the past five years was -4.30% while Sales growth for the past five years was 5.50%. During the same quarter in the previous year, the business earned $0.24 EPS. Ltd. increased its stake in shares of WhiteWave Foods by 7.3% in the fourth quarter. The company is next expected to post earnings numbers on or around 2016-08-09. State Street Corp raised its stake in WhiteWave Foods by 1.0% in the first quarter. Robeco Institutional Asset Management B.V. now owns 732,775 shares of the company's stock worth $28,512,000 after buying an additional 268,710 shares during the last quarter. 2 other analysts are mildly bullish on the stock and favor a Buy. Vanguard Group Inc. increased its stake in shares of WhiteWave Foods by 2.9% in the fourth quarter. According to U.S. Security Exchange Commission Filing, Ellison Lawrence Joseph is one of the major insider shareholder of the company's stock, the insider owns 1,117,478,824 shares reported on Feb 12, 2016.

Whitewave Foods Company (The) (NYSE:WWAV) EPS from continuing activities was $0.9594 for the fiscal ended 2015-12-31. These results were driven by strong organic growth across the Americas and Europe segments, as well as contributions from acquisitions. The Company's widely-recognized, leading brands distributed in North America include Silk®, So Delicious® and Vega™ plant-based foods and beverages, International Delight® and LAND O LAKES®* coffee creamers and beverages, Horizon Organic® and Wallaby Organic® premium dairy products and Earthbound Farm® organic salads, fruits and vegetables.



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