Seneca Foods (SENEB) Expected to Post Earnings on Wednesday

Seneca Foods (NASDAQ:SENEB – Get Free Report) is expected to issue its results before the market opens on Wednesday, August 12th. Analysts expect Seneca Foods to announce earnings of $2.92 per share and revenue of $327.00 million for the quarter.

Seneca Foods (NASDAQ:SENEB – Get Free Report) last announced its quarterly earnings data on Thursday, June 11th. The consumer goods maker reported $3.67 earnings per share for the quarter. The firm had revenue of $393.85 million for the quarter.

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Seneca Foods Stock Performance

Shares of SENEB opened at $175.53 on Wednesday. Seneca Foods has a 1 year low of $103.07 and a 1 year high of $181.48. The stock’s fifty day moving average price is $163.85 and its two-hundred day moving average price is $144.93.

Institutional Investors Weigh In On Seneca Foods

A hedge fund recently raised its stake in Seneca Foods stock. Vanguard Group Inc. increased its stake in Seneca Foods Co. (NASDAQ:SENEB – Free Report) by 24.4% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,429 shares of the consumer goods maker’s stock after purchasing an additional 3,617 shares during the quarter. Vanguard Group Inc.’s holdings in Seneca Foods were worth $2,009,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Seneca Foods in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, Seneca Foods has an average rating of “Hold”.

View Our Latest Research Report on Seneca Foods

About Seneca Foods

(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.

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