Flowers Meals (NYSE:FLO – Get Free Report) was downgraded by analysts at StockNews.com from a “strong-buy” score to a “purchase” score in a analysis word issued to traders on Tuesday.
Flowers Meals Inventory Efficiency
Flowers Meals inventory opened at $22.10 on Tuesday. The inventory has a market cap of $4.65 billion, a PE ratio of 19.17, a P/E/G ratio of 4.11 and a beta of 0.36. The corporate has a fast ratio of 0.95, a present ratio of 1.24 and a debt-to-equity ratio of 0.75. The enterprise’s 50-day shifting common worth is $22.58 and its two-hundred day shifting common worth is $22.82. Flowers Meals has a 12-month low of $20.50 and a 12-month excessive of $26.12.
Flowers Meals (NYSE:FLO – Get Free Report) final issued its quarterly earnings information on Friday, November eighth. The corporate reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. Flowers Meals had a return on fairness of 19.41% and a internet margin of 4.70%. The enterprise had income of $1.19 billion for the quarter, in comparison with analyst estimates of $1.20 billion. Throughout the identical quarter within the earlier yr, the corporate posted $0.29 EPS. Flowers Meals’s quarterly income was down .7% in comparison with the identical quarter final yr. As a gaggle, analysts count on that Flowers Meals will submit 1.27 earnings per share for the present fiscal yr.
Institutional Inflows and Outflows
Quite a lot of institutional traders have not too long ago added to or decreased their stakes within the firm. Cooke & Bieler LP raised its holdings in shares of Flowers Meals by 73.1% within the second quarter. Cooke & Bieler LP now owns 5,301,518 shares of the corporate’s inventory valued at $117,694,000 after buying an extra 2,239,592 shares over the last quarter. AQR Capital Administration LLC lifted its stake in Flowers Meals by 65.6% throughout the second quarter. AQR Capital Administration LLC now owns 1,314,556 shares of the corporate’s inventory value $29,104,000 after buying an extra 520,661 shares over the last quarter. Cubist Systematic Methods LLC bought a brand new stake in Flowers Meals throughout the second quarter valued at about $10,392,000. Geode Capital Administration LLC grew its stake in shares of Flowers Meals by 6.6% throughout the third quarter. Geode Capital Administration LLC now owns 4,159,076 shares of the corporate’s inventory valued at $95,971,000 after shopping for an extra 259,216 shares over the last quarter. Lastly, Ceredex Worth Advisors LLC grew its stake in shares of Flowers Meals by 85.4% throughout the third quarter. Ceredex Worth Advisors LLC now owns 540,104 shares of the corporate’s inventory valued at $12,460,000 after shopping for an extra 248,800 shares over the last quarter. 75.45% of the inventory is owned by institutional traders and hedge funds.
Flowers Meals Firm Profile
Flowers Meals, Inc produces and markets packaged bakery meals merchandise in the USA. Its principal merchandise embrace recent breads, buns, rolls, snack objects, bagels, English muffins, and tortillas, in addition to frozen breads and rolls beneath the Nature’s Personal, Dave’s Killer Bread, Surprise, Canyon Bakehouse, Mrs.
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