$0.11 EPS Expected for Cott Corporation (COT)

July 11, 2018 - By Jack Shaw

Cott Corporation (NYSE:COT) LogoInvestors sentiment decreased to 0.82 in Q1 2018. Its down 0.25, from 1.07 in 2017Q4. It worsened, as 20 investors sold Cott Corporation shares while 47 reduced holdings. 20 funds opened positions while 35 raised stakes. 100.32 million shares or 1.45% more from 98.88 million shares in 2017Q4 were reported.
Jones Collombin Inv Counsel reported 513,833 shares or 2.5% of all its holdings. Ameriprise Fincl, Minnesota-based fund reported 156,787 shares. Alliancebernstein Limited Partnership has 0.07% invested in Cott Corporation (NYSE:COT). Cibc Asset Management owns 59,008 shares. Employees Retirement Sys Of Texas has 65,000 shares. Morgan Stanley owns 176,516 shares or 0% of their US portfolio. Philadelphia reported 10,100 shares or 0.01% of all its holdings. Levin Capital Strategies L P holds 0.34% or 1.25M shares in its portfolio. Davis holds 25,000 shares. Moreover, Neuberger Berman Grp Ltd Liability Corp has 0% invested in Cott Corporation (NYSE:COT) for 14,725 shares. Teton Advisors holds 110,000 shares or 0.15% of its portfolio. Point72 Asset L P stated it has 0.52% in Cott Corporation (NYSE:COT). Canada Pension Plan Board holds 0.01% of its portfolio in Cott Corporation (NYSE:COT) for 589,310 shares. 14,500 are owned by Lazard Asset Mngmt Ltd. Moreover, Barclays Public Ltd Co has 0% invested in Cott Corporation (NYSE:COT) for 43,689 shares.

Since March 8, 2018, it had 0 buys, and 3 selling transactions for $1.11 million activity. $475,200 worth of Cott Corporation (NYSE:COT) was sold by Poe Marni Morgan on Thursday, March 8. $557,200 worth of Cott Corporation (NYSE:COT) shares were sold by Wells Jay.

Analysts expect Cott Corporation (NYSE:COT) to report $0.11 EPS on August, 2.They anticipate $0.05 EPS change or 83.33 % from last quarter’s $0.06 EPS. COT’s profit would be $15.60 million giving it 37.80 P/E if the $0.11 EPS is correct. After having $-0.02 EPS previously, Cott Corporation’s analysts see -650.00 % EPS growth. The stock decreased 2.12% or $0.36 during the last trading session, reaching $16.63. About 1.26 million shares traded or 77.63% up from the average. Cott Corporation (NYSE:COT) has risen 17.61% since July 12, 2017 and is uptrending. It has outperformed by 5.04% the S&P500.

Cott Corporation (NYSE:COT) Ratings Coverage

Among 5 analysts covering Cott Corporation Common Stock (NYSE:COT), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Cott Corporation Common Stock had 5 analyst reports since March 2, 2018 according to SRatingsIntel. The stock of Cott Corporation (NYSE:COT) has “Overweight” rating given on Friday, June 1 by JP Morgan. BMO Capital Markets maintained it with “Outperform” rating and $19 target in Friday, March 2 report. Deutsche Bank downgraded Cott Corporation (NYSE:COT) on Monday, March 26 to “Hold” rating. As per Friday, June 1, the company rating was upgraded by J.P. Morgan. The stock has “Buy” rating by Jefferies on Thursday, May 10.

Cott Corporation, together with its subsidiaries, produces and sells beverages on behalf of retailers, brand owners, and distributors worldwide. The company has market cap of $2.36 billion. The firm operates through four divisions: Water & Coffee Solutions, Cott North America, Cott United Kingdom, and All Other. It has a 5.89 P/E ratio. The Company’s product lines include carbonated soft drinks, juice and juice products, energy drinks and shots, sports drinks, new age beverages, ready-to-drink teas, liquid enhancers, freezables, ready-to-drink alcoholic beverages, hot chocolate, malt drinks, creamers/whiteners, cereals, and beverage concentrates, as well as clear, still, and sparkling flavored waters.

More news for Cott Corporation (NYSE:COT) were recently published by: Globenewswire.com, which released: “Detailed Research: Economic Perspectives on China Life Insurance Company, Ritchie Bros. Auctioneers, Cott …” on July 02, 2018. Seekingalpha.com‘s article titled: “Meet Keurig Dr Pepper” and published on July 09, 2018 is yet another important article.

Cott Corporation (NYSE:COT) Institutional Positions Chart

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