What happened to Dean Foods Company?
Apr 11, 2022 · Dean Foods' stock was trading at $0.1138 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DFODQ shares have decreased by 66.0% and is now trading at $0.0387. View which stocks have been most impacted by COVID-19.
Is Dean Foods'stock owned by insiders?
Dec 08, 2021 · Dean Foods Company stock price ended on $0.0387 on Wednesday after losing 0% (Updated on Dec 08, 2021) WARNING: The content is hidden to keep visitors from potentially misleading information. Click to get the best stock tips daily for free! Hot stocks to watch: NVDA $219.17 -5.17% TSLA $975.73 -4.85% AAPL $165.78 -2.56% MULN
How much does Dean Foods make a year?
Dec 08, 2021 · America's largest processor of fresh fluid milk, Dean Foods Co (NYSE: DF ) confirmed Tuesday in a press release it filed for Chapter 11 bankruptcy protection. What Happened Dean Foods and substantially all of its subsidiaries initiated a voluntary bankruptcy proceedings in the Southern District of Texas, the Dallas-based company said in a press release.
What happened to Dean Foods stock?
Dean's stock has been trading at less than $2 since April 24 and has lost about 98% of its value in the past year. According to the company's most recent quarterly report, Dean Foods has more than $1.1 billion in long-term debt, which is more than the company has had in the past five years.Nov 21, 2019
Is Dean going out of business?
By early May 2020, the Bankruptcy Court approved and Dean Foods closed on the sale of substantially all of their assets and operations pursuant to section 363 of the Bankruptcy Code in seven sales to six third-party purchasers for aggregate consideration of approximately $545 million.Mar 30, 2021
How much is dean stock worth?
The stock price for Dean Foods (OTC: DFODQ) is $0.0387 last updated Wed Jun 02 2021 12:29:27 GMT-0700 (Pacific Daylight Time).Jun 2, 2021
Is Dean Foods a buy?
20, 2019. Dairy Farmers of America announced Monday that it has agreed to buy Dean Foods, America's largest milk producer, for $425 million.Feb 17, 2020
Did Dean's dairy go out of business?
In November 2019, during an economic expansion, Dean Foods declared bankruptcy. The nation's largest dairy company, with the number one white and chocolate milk brand, could not make money.Jan 31, 2020
Why did Dean & DeLuca close?
In 2018, Dean & Deluca stores began closing amid reports of broken lease agreements, lawsuits for unpaid rent, and canceled contracts with vendors who had gone unpaid for months.Jul 23, 2019
Who bought Dean Foods?
In December 2001, the legacy brand of Dean Foods was acquired by the Dallas-based Suiza Foods Corporation, who later adopted the Dean Foods name. As part of the merger, 11 plants were divested under the name National Dairy to a group led by Dairy Farmers of America.
Is Dean Foods a public company?
Dean Foods Company is born. 1981 Listed on the NYSE Following the acquisitions of several dairies, Dean Foods is listed on the New York Stock Exchange under the symbol 'DF'.Dec 14, 2021
Who founded Dean Foods?
Dean Foods was founded by Samuel E. Dean Sr., who owned an evaporated milk processing facility in Franklin Park, Illinois, in the 1920s. After purchasing other Illinois dairy plants Dean developed the enterprise "from a small regional dairy into a diversified food company".
Who bought Barber's dairy?
WASHINGTON, D.C. — The Department of Justice today approved the acquisition of Barber Dairies Inc. by Dean Foods Company, after the parties agreed to sell a Barber Dairies plant in Huntsville, Alabama to Southern Foods Group, L.P.Aug 11, 1998
What happened to Dean's milk?
Dean, the biggest U.S. milk producer, declared bankruptcy in November 2019, during a long-term slump in milk demand. Dean had lost money in eight of the 10 fiscal quarters before the bankruptcy, and posted declining sales in seven of the previous eight quarters.Mar 21, 2021
When did DFA Buy Dean Foods?
DFA acquired the two plants in November 2019 shortly after the Dean Foods bankruptcy. The purchase price of the plants has not been disclosed.Mar 26, 2021
How has Dean Foods' stock been impacted by Coronavirus (COVID-19)?
Dean Foods' stock was trading at $0.1138 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Orga...
How were Dean Foods' earnings last quarter?
Dean Foods (OTCMKTS:DFODQ) released its quarterly earnings data on Tuesday, August, 7th. The company reported $0.16 EPS for the quarter, topping th...
Who are Dean Foods' key executives?
Dean Foods' management team includes the following people: Mr. Gary W. Rahlfs , Sr. VP & CFO (Age 54) Mr. Jeffery S. Dawson , Sr. VP & Chief Ac...
Who are some of Dean Foods' key competitors?
Some companies that are related to Dean Foods include Mondelez International (MDLZ) , Hershey (HSY) , General Mills (GIS) , Tyson Foods (TSN) ,...
What is Dean Foods' stock symbol?
Dean Foods trades on the OTCMKTS under the ticker symbol "DFODQ."
How do I buy shares of Dean Foods?
Shares of DFODQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBu...
What is Dean Foods' stock price today?
One share of DFODQ stock can currently be purchased for approximately $0.04.
How much money does Dean Foods make?
Dean Foods has a market capitalization of $3.56 million and generates $7.33 billion in revenue each year.
How many employees does Dean Foods have?
Dean Foods employs 14,500 workers across the globe.
What happened to Dean Foods?
What Happened Dean Foods and substantially all of its subsidiaries initiated a voluntary bankruptcy proceedings in the Southern District of Texas, the Dallas-based company said in a press release. At the same time the company is in talks with the Dairy Farmers of America to explore a sale of substantially all of its assets.
Is milk processor going through Chapter 11?
The Dallas-based milk processor said that it plans to use the Chapter 11 proceedings to keep running the business, and address debt and unfunded debt obligations as it seeks to sell the company. Read more
Dean Foods Stock Analysis Notes
About 91.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.39. Some equities with similar Price to Book (P/B) outperform the market in the long run. Dean Foods has Price/Earnings To Growth (PEG) ratio of 0.02. The entity recorded a loss per share of 4.51.
Dean Foods Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering.
Dean Foods Upcoming and Recent Events
Earnings reports are used by Dean Foods to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period.
Dean Foods Market Capitalization
The company currently falls under 'Micro-Cap' category with market capitalization of 73.51 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dean Foods's market, we take the total number of its shares issued and multiply it by Dean Foods's current market price.
Dean Foods Profitablity
Dean Foods' profitability indicators refer to fundamental financial ratios that showcase Dean Foods' ability to generate income relative to its revenue or operating costs. If, let's say, Dean Foods is currently losing money, the management's focus should be on how to reverse that trend.
Management Efficiency
As of August 20, 2021, Return on Investment is expected to decline to -21.48. In addition to that, Return on Average Assets is expected to decline to -16.69. Dean Foods Current Assets are projected to decrease significantly based on the last few years of reporting. The past year's Current Assets were at 1.05 Billion.
Dean Foods Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Dean Foods insiders, such as employees or executives, is commonly permitted as long as it does not rely on Dean Foods' material information that is not in the public domain.
What Is Insider Buying?
It's quite normal to see company insiders, such as board members, trading in company stock, from time to time. However, rules govern insider transactions, and certain disclosures are required.
Dean Foods Insider Transactions Over The Last Year
President Eric Beringause made the biggest insider purchase in the last 12 months. That single transaction was for US$81k worth of shares at a price of US$0.81 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$1.27.
Insider Ownership of Dean Foods
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Our data suggests Dean Foods insiders own 1.7% of the company, worth about US$2.0m. We prefer to see high levels of insider ownership.
What is bankruptcy law?
U.S. bankruptcy law gives shareholders a chance to fight for that recovery, if it’s due. Courts have the power to appoint official equity-holder committees, meaning the costs of the fight -- legal fees, financial advisory bills -- are paid by the bankrupt company.
Is Dean Foods going bankrupt?
Dean Foods, which is the largest U.S. milk processor, filed for bankruptcy in November amid falling demand for dairy products. The company has said it’s in talks to sell itself to milk cooperative giant Dairy Farmers of America, but the deal could face regulatory hurdles.
Who truly believes a crash is coming this year and what are you doing about it?
While new to the stock market, I would bet there is always someone, somewhere every year and every day talking about a crash around the corner.
What stocks do you hate but they make money anyway?
Are there stocks you hate but they are moneymakers - and make you hate them even more?
What happened
Dean Foods (NYSE: DF) is looking none too fresh this morning, with shares of the maker of Dean's milk and TruMoo (among many other brands) down 8.5% as of 1:05 p.m. EST.
So what
"Strategic alternatives," of course, is often corporate code-speak for "selling the company." And investors who've watched Dean Foods stock lose more than half of its value over the past 12 months probably wish they had sold the company a long time ago.
The Motley Fool
Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community.