Flowers Foods, Inc. (NYSE:FLO – Get Free Report) insider Cindy Cox sold 4,400 shares of the company’s stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $5.89, for a total value of $25,916.00. Following the completion of the sale, the insider owned 41,030 shares of the company’s stock, valued at approximately $241,666.70. The trade was a 9.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Flowers Foods Price Performance
Flowers Foods stock traded down $0.07 during mid-day trading on Tuesday, hitting $5.96. The stock had a trading volume of 2,928,576 shares, compared to its average volume of 6,546,363. The firm’s 50 day moving average is $6.49 and its 200 day moving average is $7.49. Flowers Foods, Inc. has a one year low of $5.40 and a one year high of $13.11. The firm has a market capitalization of $1.26 billion, a P/E ratio of 22.94 and a beta of 0.43. The company has a current ratio of 0.77, a quick ratio of 0.57 and a debt-to-equity ratio of 0.97.
Flowers Foods (NYSE:FLO – Get Free Report) last announced its quarterly earnings data on Thursday, August 20th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). Flowers Foods had a net margin of 1.06% and a return on equity of 14.91%. The company had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.23 billion. During the same period last year, the business earned $0.28 earnings per share. The company’s quarterly revenue was down 4.0% compared to the same quarter last year. Flowers Foods has set its FY 2026 guidance at 0.750-0.850 EPS. On average, sell-side analysts forecast that Flowers Foods, Inc. will post 0.80 earnings per share for the current fiscal year.
Flowers Foods Announces Dividend
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on the stock. Stephens cut their price objective on shares of Flowers Foods from $8.00 to $6.00 and set an “equal weight” rating on the stock in a research report on Monday, August 24th. Weiss Ratings upgraded shares of Flowers Foods from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, October 2nd. Jefferies Financial Group dropped their price target on shares of Flowers Foods from $7.00 to $6.00 and set a “hold” rating for the company in a research note on Tuesday, October 6th. Zacks Research cut shares of Flowers Foods from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 15th. Finally, BNP Paribas Exane cut their price target on shares of Flowers Foods from $6.50 to $5.00 and set an “underperform” rating on the stock in a report on Wednesday, October 7th. Four equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $6.80.
Get Our Latest Stock Analysis on FLO
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. HB Wealth Management LLC lifted its holdings in Flowers Foods by 7.6% during the 1st quarter. HB Wealth Management LLC now owns 16,256 shares of the company’s stock valued at $132,000 after buying an additional 1,155 shares in the last quarter. Oregon Public Employees Retirement Fund grew its stake in Flowers Foods by 3.1% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 43,305 shares of the company’s stock worth $353,000 after acquiring an additional 1,300 shares in the last quarter. Sigma Planning Corp grew its stake in Flowers Foods by 15.7% in the 1st quarter. Sigma Planning Corp now owns 12,801 shares of the company’s stock worth $104,000 after acquiring an additional 1,735 shares in the last quarter. Rockefeller Capital Management L.P. grew its stake in Flowers Foods by 129.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 3,457 shares of the company’s stock worth $38,000 after acquiring an additional 1,949 shares in the last quarter. Finally, Kera Capital Partners Inc. increased its position in shares of Flowers Foods by 5.6% during the first quarter. Kera Capital Partners Inc. now owns 37,728 shares of the company’s stock worth $307,000 after acquiring an additional 1,985 shares during the period. 75.45% of the stock is currently owned by institutional investors.
Flowers Foods Company Profile
Flowers Foods, Inc (NYSE:FLO) is a U.S. food company that produces and markets packaged bakery products. Its portfolio includes breads, buns, rolls, snack cakes, pastries and other baked goods sold through grocery stores, mass retailers, foodservice providers and other retail channels.
The company’s brands include Nature’s Own, Dave’s Killer Bread, Wonder, Canyon Bakehouse, Tastykake and Mrs. Freshley’s. Flowers Foods distributes its products throughout the United States through a combination of direct-store-delivery and warehouse distribution systems.
Flowers Foods traces its history to 1919, when it began as a bakery business in Thomasville, Georgia.
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