Shares of Flowers Foods, Inc. (NYSE:FLO – Get Free Report) have been assigned a consensus recommendation of “Reduce” from the seven research firms that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $9.60.
Several equities analysts recently weighed in on FLO shares. Weiss Ratings lowered shares of Flowers Foods from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft dropped their price target on Flowers Foods from $11.00 to $7.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. Zacks Research raised Flowers Foods from a “strong sell” rating to a “hold” rating in a report on Thursday, May 21st. Stephens lowered their price objective on Flowers Foods from $11.00 to $8.00 and set an “equal weight” rating on the stock in a research note on Monday, May 18th. Finally, Wall Street Zen cut Flowers Foods from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd.
Check Out Our Latest Report on Flowers Foods
Insider Activity at Flowers Foods
Institutional Trading of Flowers Foods
A number of hedge funds and other institutional investors have recently made changes to their positions in FLO. First Trust Advisors LP boosted its position in shares of Flowers Foods by 13.5% in the third quarter. First Trust Advisors LP now owns 4,371,965 shares of the company’s stock valued at $57,054,000 after acquiring an additional 521,670 shares during the period. Vanguard Group Inc. grew its stake in Flowers Foods by 3.6% during the fourth quarter. Vanguard Group Inc. now owns 21,091,556 shares of the company’s stock valued at $229,476,000 after acquiring an additional 736,624 shares in the last quarter. CWA Asset Management Group LLC bought a new stake in Flowers Foods during the 4th quarter worth approximately $1,818,000. Tudor Investment Corp ET AL increased its holdings in Flowers Foods by 96.5% during the 3rd quarter. Tudor Investment Corp ET AL now owns 1,092,633 shares of the company’s stock worth $14,259,000 after acquiring an additional 536,507 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in Flowers Foods by 1,515.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 357,726 shares of the company’s stock worth $3,892,000 after purchasing an additional 335,582 shares in the last quarter. 75.45% of the stock is currently owned by institutional investors.
Flowers Foods Trading Up 6.6%
NYSE:FLO opened at $8.42 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.57 and a current ratio of 0.77. The firm has a market cap of $1.78 billion, a price-to-earnings ratio of 24.06 and a beta of 0.39. Flowers Foods has a 52 week low of $6.80 and a 52 week high of $16.85. The firm has a 50-day moving average price of $7.91 and a two-hundred day moving average price of $9.22.
Flowers Foods (NYSE:FLO – Get Free Report) last released its earnings results on Thursday, May 21st. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.01. The company had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.58 billion. Flowers Foods had a return on equity of 15.98% and a net margin of 1.38%.Flowers Foods’s quarterly revenue was up 1.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.35 earnings per share. Flowers Foods has set its FY 2026 guidance at 0.800-0.900 EPS. On average, equities analysts expect that Flowers Foods will post 0.85 earnings per share for the current fiscal year.
Flowers Foods Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were given a $0.125 dividend. The ex-dividend date of this dividend was Friday, June 12th. This represents a $0.50 annualized dividend and a dividend yield of 5.9%. Flowers Foods’s payout ratio is 142.86%.
Flowers Foods Company Profile
Flowers Foods, Inc is one of the largest producers of packaged bakery foods in the United States, offering a variety of fresh bread, buns, rolls, snack cakes and tortillas. Headquartered in Thomasville, Georgia, the company operates an extensive network of bakeries and distribution centers that serve retail grocery chains, convenience stores, mass merchandisers and foodservice customers nationwide. Flowers Foods markets its products under well-known brands such as Nature’s Own, Wonder, Dave’s Killer Bread, Mrs.
Featured Articles
- Five stocks we like better than Flowers Foods
- AirJoule Unveils Prime System, Clearing Path to Commercialization
- Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks
- Nike Q4 Beat Masks Core Weakness as Analysts Cut Price Targets
- Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case
Receive News & Ratings for Flowers Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flowers Foods and related companies with MarketBeat.com's FREE daily email newsletter.
