2. Green Mountain Coffee Roasters engages in the specialty coffee and coffee-making business with two operating segments: Specialty Coffee business unit (SCBU) and the Keurig business unit (Keurig). Sales for the third quarter of 2011 increased 127% to $717.2 million from the year-ago period. Net income for the quarter grew to $56.3 million, or 37 cents per diluted share, compared to $18.4 million, or 13 cents per share, in the year-earlier quarter. Since the company's stock offering closed on May 11, cash and short-term cash investments stood at $106.8 million, as of June 25, 2011, up from $64.5 million as of March 26. While rating the stock medium bullish, a Bedford report cites the company's licensing deals in the past one year to sell coffee refills under nearly all the major U.S. coffee brands, including Folgers, Starbucks and Dunkin' Brand's ( DNKN) Dunkin' Donuts. For the fourth quarter of 2011, the company estimates consolidated net sales growth of 100% to 105%, while non-GAAP diluted earnings per share are seen at a range of 44 cents to 48 cents. Full-year net sales have been raised to a range of 98% to 100% from the earlier 82% to 87%. Excluding any acquisition-related transaction expenses, non-GAAP earnings per share are forecast between $1.63 and $1.67. Of the 11 analysts covering the stock, 73% rate it a buy and 18% rate it a hold. The average 12-month price target of analysts polled by Bloomberg is $121.50, 20.6% greater than recent levels.