Is WhiteWave Foods Co a Buy? The Stock Had Bullish Options Activity Today

 Is WhiteWave Foods Co a Buy? The Stock Had Bullish Options Activity Today

In today’s session WhiteWave Foods Co (WWAV) registered an unusually high (786) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2018 call, expecting serious WWAV increase. With 786 contracts traded and 27844 open interest for the Jan, 18 contract, it seems this is a quite bullish bet. The option with symbol: WWAV180119C00057500 closed last at: $0.3 or 14.3% down. About 561,420 shares traded hands. WhiteWave Foods Co (NYSE:WWAV) has risen 39.88% since April 8, 2016 and is uptrending. It has outperformed by 34.23% the S&P500.

Analysts await WhiteWave Foods Co (NYSE:WWAV) to report earnings on November, 14. They expect $0.38 earnings per share, up 15.15% or $0.05 from last year’s $0.33 per share. WWAV’s profit will be $67.87M for 35.55 P/E if the $0.38 EPS becomes a reality. After $0.32 actual earnings per share reported by WhiteWave Foods Co for the previous quarter, Wall Street now forecasts 18.75% EPS growth.

WhiteWave Foods Co (NYSE:WWAV) Ratings Coverage

Out of 26 analysts covering Whitewave Foods Company (The) (NYSE:WWAV), 7 rate it a “Buy”, 2 “Sell”, while 17 “Hold”. This means 27% are positive. $58 is the highest target while $39 is the lowest. The $51.19 average target is -5.26% below today’s ($54.03) stock price. Whitewave Foods Company (The) has been the topic of 53 analyst reports since August 11, 2015 according to StockzIntelligence Inc. Atlantic Securities downgraded the shares of WWAV in a report on Friday, July 8 to “Neutral” rating. Jefferies initiated the stock with “Buy” rating in Wednesday, December 16 report. Zacks upgraded WhiteWave Foods Co (NYSE:WWAV) rating on Thursday, August 27. Zacks has “Hold” rating and $50 price target. The stock of WhiteWave Foods Co (NYSE:WWAV) earned “Neutral” rating by DA Davidson on Wednesday, August 10. The rating was downgraded by CLSA on Monday, April 4 to “Outperform”. Tigress Financial downgraded the stock to “Neutral” rating in Monday, July 11 report. The firm has “Overweight” rating by JP Morgan given on Wednesday, May 11. The rating was maintained by BMO Capital Markets with “Market Perform” on Tuesday, August 11. The firm has “Overweight” rating by Atlantic Securities given on Thursday, April 7. As per Friday, December 11, the company rating was initiated by Wunderlich.

According to Zacks Investment Research, “The WhiteWave Foods Company is a consumer packaged food and beverage company. It manufactures, markets, distributes, and sells branded plant-based foods and beverages, coffee creamers and beverages, and premium dairy products throughout North America and Europe. The Company’s products include soy milk, flavored creamers, organic milk, yogurt, cheese, butter, sour creams, and whipped creams. It serves the grocery and natural foods channels in the United States. The WhiteWave Foods Company is based in Dallas, Texas.”

Insitutional Activity: The institutional sentiment decreased to 1.12 in Q2 2016. Its down 0.10, from 1.22 in 2016Q1. The ratio fall, as 38 funds sold all WhiteWave Foods Co shares owned while 148 reduced positions. 52 funds bought stakes while 156 increased positions. They now own 145.67 million shares or 0.35% more from 145.16 million shares in 2016Q1.
Blackrock Fund Advisors holds 0.07% of its portfolio in WhiteWave Foods Co (NYSE:WWAV) for 6.31 million shares. Perella Weinberg Prtn Cap Management L P last reported 0.63% of its portfolio in the stock. Jane Street Group Ltd Liability Com owns 57,055 shares or 0.01% of their US portfolio. Foundry Prtn Lc last reported 0.14% of its portfolio in the stock. Navellier And Assoc last reported 0.05% of its portfolio in the stock. Jefferies Gru Ltd Liability Corp reported 37,070 shares or 0.01% of all its holdings. Nomura Asset Mngmt holds 20,000 shares or 0.02% of its portfolio. One Trading L P holds 50,207 shares or 0.03% of its portfolio. Nordea Investment Ab, a Sweden-based fund reported 6,158 shares. Aqr Capital Limited Liability Company has 12,751 shares for 0% of their US portfolio. Amg National Tru Bank & Trust reported 11,155 shares or 0.05% of all its holdings. Millennium Mngmt Limited Liability Corp holds 1.94 million shares or 0.21% of its portfolio. Barclays Public Limited Company last reported 410,086 shares in the company. Cypress Asset Mgmt Inc Tx holds 0.13% of its portfolio in WhiteWave Foods Co (NYSE:WWAV) for 14,110 shares. Moreover, Green Square Cap Limited Liability Corp has 0.08% invested in WhiteWave Foods Co (NYSE:WWAV) for 7,002 shares.

Insider Transactions: Since August 31, 2016, the stock had 0 insider purchases, and 1 sale for $189,710 net activity. WRIGHT DOREEN A sold $189,710 worth of stock or 3,426 shares.

The WhiteWave Foods Company is a consumer packaged food and beverage company. The company has a market cap of $9.65 billion. The Firm makes, markets, distributes and sells branded plant foods and beverages, coffee creamers and beverages, dairy products and organic produce. It has a 48.66 P/E ratio. The Company’s divisions include Americas Foods & Beverages, Americas Fresh Foods and Europe Foods & Beverages.

WWAV Company Profile

The WhiteWave Foods Company, incorporated on July 17, 2012, is a consumer packaged food and beverage company. The Firm makes, markets, distributes and sells branded plant foods and beverages, coffee creamers and beverages, dairy products and organic produce throughout North America and Europe. The Firm also holds approximately 50% interest in a joint venture that makes, markets, distributes and sells plant beverages in China. The Company’s brands distributed in North America include Silk, Vega and So Delicious plant foods and beverages, International Delight and LAND O LAKES coffee creamers and beverages, Horizon Organic and Wallaby Organic dairy products, and Earthbound Farm organic salads, fruits and vegetables. The Company’s plant foods and beverages brands in Europe include Alpro and Provamel, and its plant beverages in China are sold under the Silk ZhiPuMoFang brand. The Company’s divisions include Americas Foods & Beverages, Americas Fresh Foods and Europe Foods & Beverages.

More news for WhiteWave Foods Co (NYSE:WWAV) were recently published by: Fool.com, which released: “WhiteWave Foods Co Reports Strong Earnings as Danone Acquisition Moves Ahead” on August 12, 2016. Reuters.com‘s article titled: “BRIEF-WhiteWave Foods reports strong Q3 2016 results” and published on November 09, 2016 is yet another important article.

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