Dr Pepper Snapple Group Stock Hits New 52-Week High (DPS)

NEW YORK ( TheStreet) -- Dr Pepper Snapple Group (NYSE: DPS) hit a new 52-week high Thursday as it is currently trading at $44.48, above its previous 52-week high of $44.40 with 1.7 million shares traded as of 1:10 p.m. ET. Average volume has been two million shares over the past 30 days.

Dr Pepper Snapple Group has a market cap of $9.18 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 10.9% year to date as of the close of trading on Wednesday.

Dr Pepper Snapple Group, Inc. engages in the ownership, manufacture, and distribution of non-alcoholic beverages in the United States, Canada, Mexico, and the Caribbean. The company has a P/E ratio of 16.1, above the average food & beverage industry P/E ratio of 15.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Dr Pepper Snapple Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Dr Pepper Snapple Group Ratings Report.

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