A share price of Farmer Bros. Co [FARM] is currently trading at $2.18, up 21.11%. An important factor to consider is whether the stock is rising or falling in short-term value. The FARM shares have gain 26.01% over the last week, with a monthly amount glided 19.78%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Farmer Bros. Co [NASDAQ: FARM] stock has seen the most recent analyst activity on September 01, 2021, when ROTH Capital upgraded its rating to a Buy and also boosted its price target to $14 from $7. Previously, B. Riley Securities upgraded its rating to Buy on March 31, 2021, and elevated its price target to $12.50. On March 31, 2021, upgrade upgraded it’s rating to Buy but maintained its price target of $12.50 on the stock. ROTH Capital downgraded its rating to a Neutral and decreased its price target to $20 on May 08, 2019. B. Riley FBR downgraded its rating to a Neutral and reduced its price target to $21 on May 08, 2019. Lake Street reiterated a Buy rating for this stock on May 09, 2018, and downed its price target to $36.
Farmer Bros. Co experienced fluctuations in its stock price throughout the past year between $1.60 and $3.86. Farmer Bros. Co [NASDAQ: FARM] shares were valued at $2.18 at the most recent close of the market.
Analyzing the FARM fundamentals
Trailing Twelve Months sales for Farmer Bros. Co [NASDAQ:FARM] were 344.84M which represents 0.63% growth. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.24 and Total Capital is -0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.9.
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 1.88 points at the first support level, and at 1.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.66, and for the 2nd resistance point, it is at 3.13.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Farmer Bros. Co [NASDAQ:FARM] is 1.28. On the other hand, the Quick Ratio is 0.60, and the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 0.13, the price to book ratio is 1.12.
