News articles about Farmer Brothers (NASDAQ:FARM) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Farmer Brothers earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave headlines about the company an impact score of 48.3497715252265 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
Shares of Farmer Brothers (NASDAQ FARM) opened at $31.70 on Friday. Farmer Brothers has a 12-month low of $28.75 and a 12-month high of $37.55. The firm has a market capitalization of $533.92, a PE ratio of 62.16 and a beta of 0.44.
Farmer Brothers (NASDAQ:FARM) last issued its quarterly earnings data on Tuesday, November 7th. The company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.04. Farmer Brothers had a return on equity of 4.13% and a net margin of 4.02%. The company had revenue of $131.70 million for the quarter, compared to the consensus estimate of $131.09 million. During the same quarter last year, the company earned $0.21 earnings per share. The firm’s revenue for the quarter was up .9% compared to the same quarter last year. equities analysts predict that Farmer Brothers will post 0.72 earnings per share for the current fiscal year.
FARM has been the topic of a number of recent research reports. TheStreet raised Farmer Brothers from a “c+” rating to a “b-” rating in a research report on Wednesday, November 1st. B. Riley reaffirmed a “buy” rating and set a $38.50 price objective on shares of Farmer Brothers in a research report on Wednesday. ValuEngine raised Farmer Brothers from a “sell” rating to a “hold” rating in a research report on Tuesday, August 22nd. Finally, Zacks Investment Research raised Farmer Brothers from a “sell” rating to a “hold” rating and set a $35.00 price objective on the stock in a research report on Monday, November 6th.
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Farmer Brothers Company Profile
Farmer Bros. Co is a national coffee roaster, wholesaler and distributor of coffee, tea and culinary products. The Company offers private brand and consumer-branded coffee products to small independent restaurants and foodservice operators, and institutional buyers. Its product line includes organic, Direct Trade, Direct Trade Verified Sustainable (DTVS) coffees and other coffees, iced and hot teas, cappuccino, spices, and baking/biscuit mixes.
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