The company manufactures, markets, distributes and sells plant-based foods and beverages, and is riding the wave of popularity for healthy, organic products.
WhiteWave has two quarters of EPS and sales acceleration,up from growth rates in or near the teens. Analysts are forecasting a 38% EPS increase in Q2 on a 36% revenue jump, according to Investors Business Daily.
The company is light on return on equity, which at 15% is shy of the 17% benchmark. The five-year EPS annualized growth rate is 13%, and the five-year Earnings Stability Factor is 11 on a 0 to 99 scale, where small numbers indicate steady earnings growth, IBD noted.
Last week the company reported first quarter 2014 earnings results. Adjusted diluted earnings per share were 22 cents, a 40% increase compared to first quarter 2013, excluding investments associated with its China joint venture.
Net sales were $830 million, a 36% increase from net sales of $608 million in the first quarter of 2013.
Full Year 2014 guidance range was increased to 95 cents to 98 cents of adjusted diluted earnings per share, excluding expected investments in their China Joint Venture
TheStreet Ratings team rates WHITEWAVE FOODS CO as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation: