Seneca Foods (NASDAQ:SENEB) Releases Earnings Results

Seneca Foods (NASDAQ:SENEBGet Free Report) posted its quarterly earnings data on Thursday. The consumer goods maker reported $3.67 earnings per share (EPS) for the quarter, Zacks reports.

Seneca Foods Price Performance

NASDAQ SENEB traded up $3.93 during midday trading on Thursday, hitting $149.68. The company had a trading volume of 43 shares, compared to its average volume of 413. Seneca Foods has a twelve month low of $90.19 and a twelve month high of $164.98. The firm has a 50-day moving average price of $143.36 and a 200-day moving average price of $129.75.

Institutional Investors Weigh In On Seneca Foods

An institutional investor recently raised its position in Seneca Foods stock. Vanguard Group Inc. raised its stake in Seneca Foods Co. (NASDAQ:SENEBFree Report) by 24.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,429 shares of the consumer goods maker’s stock after buying an additional 3,617 shares during the period. Vanguard Group Inc.’s holdings in Seneca Foods were worth $2,009,000 as of its most recent SEC filing. 3.39% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Seneca Foods in a research note on Friday, March 27th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

Check Out Our Latest Research Report on Seneca Foods

Seneca Foods Company Profile

(Get Free Report)

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and bottled produce; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby's, Aunt Nellie's, READ, Green Valley, Paradise, Seneca Farms, and CherryMan. It also packs Green Giant, Le Sueur, and other brands of canned vegetables, as well as select Green Giant frozen vegetables for B&G Foods North America under a contract packing agreement.

See Also

Earnings History for Seneca Foods (NASDAQ:SENEB)

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