News stories about Flowers Foods (NYSE:FLO) have trended somewhat negative recently, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Flowers Foods earned a news impact score of -0.01 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.0072889763658 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Today’s Hot Stock Under Review: Flowers Foods Inc (NYSE: FLO) – Alpha Beta Stock (alphabetastock.com)
- Investors Alert on Flowers Foods, Inc. (FLO) – Wall Street Morning (wallstreetmorning.com)
- ETFs with exposure to Flowers Foods, Inc. : December 12, 2017 (finance.yahoo.com)
- Fascinating Stocks: Newmont Mining Corporation, (NYSE: NEM), Flowers Foods, Inc., (NYSE: FLO), Kadmon Holdings … – Stocks In The News (press release) (tradingnewsnow.com)
- An Eye on Average True Range (ATR) – Flowers Foods, Inc., (NYSE: FLO) – Stock Watch (stocksnewstimes.com)
Shares of Flowers Foods (FLO) traded down $0.18 during trading hours on Friday, hitting $19.61. The company’s stock had a trading volume of 3,189,777 shares, compared to its average volume of 1,530,000. Flowers Foods has a fifty-two week low of $16.80 and a fifty-two week high of $21.00. The stock has a market capitalization of $4,070.00, a price-to-earnings ratio of 22.49, a PEG ratio of 3.74 and a beta of 1.04. The company has a quick ratio of 1.01, a current ratio of 1.28 and a debt-to-equity ratio of 0.71.
Flowers Foods (NYSE:FLO) last posted its quarterly earnings results on Wednesday, November 8th. The company reported $0.23 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.03. Flowers Foods had a net margin of 2.16% and a return on equity of 15.16%. The firm had revenue of $932.80 million during the quarter, compared to the consensus estimate of $915.55 million. During the same quarter in the previous year, the firm posted $0.21 earnings per share. The company’s revenue was up 1.5% on a year-over-year basis. analysts expect that Flowers Foods will post 0.87 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, December 1st were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 3.47%. The ex-dividend date was Thursday, November 30th. Flowers Foods’s dividend payout ratio is presently 170.00%.
Several research analysts recently commented on FLO shares. Pivotal Research upgraded Flowers Foods from a “hold” rating to a “buy” rating and set a $23.00 price target for the company in a research report on Thursday, November 9th. Zacks Investment Research upgraded Flowers Foods from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a research report on Monday, November 13th. TheStreet lowered Flowers Foods from a “b-” rating to a “c” rating in a research report on Thursday, November 9th. BMO Capital Markets reiterated a “hold” rating and issued a $19.00 price target on shares of Flowers Foods in a research report on Thursday, November 2nd. Finally, Jefferies Group restated a “hold” rating and set a $19.00 target price on shares of Flowers Foods in a research report on Thursday, August 31st. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $21.17.
In other news, insider Robert L. Benton, Jr. sold 15,000 shares of Flowers Foods stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $18.87, for a total transaction of $283,050.00. Following the completion of the sale, the insider now owns 81,677 shares of the company’s stock, valued at $1,541,244.99. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Tonja W. Taylor sold 4,960 shares of the business’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $19.57, for a total transaction of $97,067.20. Following the completion of the transaction, the insider now directly owns 22,055 shares of the company’s stock, valued at approximately $431,616.35. The disclosure for this sale can be found here. Insiders have sold 509,689 shares of company stock valued at $9,743,948 in the last ninety days. Insiders own 15.81% of the company’s stock.
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Flowers Foods Company Profile
Flowers Foods, Inc is a producer and marketer of packaged bakery products. The Company operates in two segments: direct-store-delivery segment (DSD Segment) and warehouse delivery segment (Warehouse Segment). The DSD segment produces fresh breads, buns, rolls, tortillas and snack cakes sold primarily by a network of independent distributors to retail and foodservice customers in the areas of the United States: East, South, Southwest, California, and select markets in the Midwest, Pacific Northwest, Nevada, and Colorado.
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