Seneca Foods (NASDAQ:SENEA – Get Free Report) is one of 328 public companies in the “Food Products” industry, but how does it contrast to its competitors? We will compare Seneca Foods to similar companies based on the strength of its analyst recommendations, institutional ownership, earnings, risk, profitability, valuation and dividends.
Risk and Volatility
Seneca Foods has a beta of -0.03, meaning that its stock price is 103% less volatile than the S&P 500. Comparatively, Seneca Foods’ competitors have a beta of -5.47, meaning that their average stock price is 647% less volatile than the S&P 500.
Insider and Institutional Ownership
42.5% of Seneca Foods shares are owned by institutional investors. Comparatively, 39.2% of shares of all “Food Products” companies are owned by institutional investors. 8.2% of Seneca Foods shares are owned by company insiders. Comparatively, 19.3% of shares of all “Food Products” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Analyst Recommendations
This is a summary of recent ratings and price targets for Seneca Foods and its competitors, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Seneca Foods | 0 | 1 | 1 | 0 | 2.50 |
| Seneca Foods Competitors | 2426 | 8266 | 8341 | 400 | 2.35 |
As a group, “Food Products” companies have a potential upside of 19.48%. Given Seneca Foods’ competitors higher possible upside, analysts clearly believe Seneca Foods has less favorable growth aspects than its competitors.
Profitability
This table compares Seneca Foods and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Seneca Foods | N/A | N/A | N/A |
| Seneca Foods Competitors | -30.67% | -213.74% | -7.31% |
Earnings and Valuation
This table compares Seneca Foods and its competitors gross revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Seneca Foods | $1.77 billion | N/A | 8.94 |
| Seneca Foods Competitors | $3.47 billion | $1.21 billion | -2,414.47 |
Seneca Foods’ competitors have higher revenue and earnings than Seneca Foods. Seneca Foods is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Summary
Seneca Foods beats its competitors on 8 of the 12 factors compared.
Seneca Foods Company Profile
Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and jarred produce; jarred fruit; 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, Cherryman, Green Valley, and READ. In addition, it packs canned and frozen vegetables under contract packing agreements. Further, the company engages in the sale of cans, ends, and seeds, as well as trucking and aircraft operations. It provides its products to grocery outlets, including supermarkets, mass merchandisers, limited assortment stores, club stores, and dollar stores; specialty retailers; and food service distributors, restaurant chains, industrial markets, other food packagers, and export customers in approximately 55 countries, as well as federal, state, and local governments for school and other feeding programs. Seneca Foods Corporation was incorporated in 1949 and is headquartered in Fairport, New York.
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