At the time of writing, Flowers Foods, Inc [FLO] stock is trading at $19.89, saw in change for the day. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FLO shares have gain 3.81% over the last week, with a monthly amount drifted -3.59%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Flowers Foods, Inc [NYSE: FLO] stock has seen the most recent analyst activity on July 10, 2024, when Exane BNP Paribas initiated its Underperform rating and assigned the stock a price target of $20. Previously, DA Davidson started tracking the stock with Neutral rating on March 01, 2024, and set its price target to $24. On March 03, 2023, upgrade upgraded it’s rating to Hold but maintained its price target of $27 on the stock. Deutsche Bank downgraded its rating to a Sell and decreased its price target to $27 on December 06, 2022. Stephens started tracking with a Equal-Weight rating for this stock on January 20, 2021, and assigned it a price target of $25. In a note dated January 23, 2020, Jefferies initiated an Hold rating.
For the past year, the stock price of Flowers Foods, Inc fluctuated between $18.90 and $26.12. Currently, Wall Street analysts expect the stock to reach $22.67 within the next 12 months. Flowers Foods, Inc [NYSE: FLO] shares were valued at $19.89 at the most recent close of the market. An investor can expect a potential return of 13.98% based on the average FLO price forecast.
Analyzing the FLO fundamentals
According to Flowers Foods, Inc [NYSE:FLO], the company’s sales were 5.12B for trailing twelve months, which represents an -0.73% plunge. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.17 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.98.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.57 points at the first support level, and at 19.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.05, and for the 2nd resistance point, it is at 20.21.
Ratios To Look Out For
It is important to note that Flowers Foods, Inc [NYSE:FLO] has a current ratio of 1.24. As well, the Quick Ratio is 0.79, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 0.82, the price to book ratio is 2.98 and price to earnings (TTM) ratio is 17.53.
Transactions by insiders
Recent insider trading involved Casey Edward J. Jr., Director, that happened on Apr 02 ’24 when 5000.0 shares were purchased. Chief Growth Officer, THOMAS TERRY S completed a deal on Mar 11 ’24 to sell 36577.0 shares.
