Flowers Foods Inc. (NYSE:FLO) saw an upside of 0.65% to close Monday at $24.95 after adding $0.16 on the day. The 5-day average trading volume is 1,193,160 shares of the company’s common stock. It has gained $24.99 in the past week. An average of 1,765,510 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,380,832.
FLO’s 1-month performance is 5.94% or $1.40 on its low of $22.78 reached on 09/20/21. The company’s shares have touched a 52-week low of $21.66 and high of $25.48, with the stock’s rally to the 52-week high happening on 06/03/21. YTD, FLO has achieved 10.25% or $2.32. However, the current price is down -2.08%% from the 52-week high price.
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The company’s PE ratio for the last five years has touched a high of 67.80 and a low of 21.00. FLO stock has a beta of 0.27. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.21 while the price-to-book (PB) in the most recent quarter is 3.71, with the price to cash flow ratio at 43.54.
Flowers Foods Inc. pays an annual dividend of $0.84 per share. Its dividend yield is 3.37% and the payout ratio is 75.20%. FLO’s most recent quarterly dividend payment was made on Sep. 17, when it paid $0.21 a share compared with prior rate of $0.21, down 0.0% from last year’s. The company has boosted its dividend for the last 1 consecutive years with the latest dividend increase of $0.01 reported on Thursday May 27 2021. Measured over the last 3 years, the Dividend has been growing by 17.91% yearly.
It is projected that Flowers Foods Inc.’s next ex-dividend date will be on 26-Nov. FLO is expected to distribute $0.21 as its next dividend.
Flowers Foods Inc.’s quick ratio for the period ended June 29 was 1.30, with the current ratio over the same period at 1.60 meaning that FLO stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.63, while the total debt to equity was 0.64. In terms of profitability, the gross margin trailing 12 months is 50.00%. The trailing 12-month EBITDA margin is 11.91% while for the period ending June 29; Flowers Foods Inc.’s operating margin was 7.00%. The firm’s gross profit as reported stood at $2.19 billion against revenue of $4.39 billion.
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected FLO to announce $0.28 per share in earnings in its latest quarter, but it posted $0.32, representing a 14.30% surprise. EBITDA for the quarter stood at more than $105.54 million. FLO stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 1.9 billion, with total debt at $1.26 billion. Shareholders hold equity totaling $211.75 million
Let’s look briefly at Flowers Foods Inc. (FLO) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 77.35% to suggest the stock is trending Overbought, with historical volatility in this time period at 13.97%.
The stock’s 5-day moving average is $24.70, reflecting a +3.36% or $0.81 change from its current price. FLO is currently trading +6.31% above its 20-day SMA, +1.09% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +5.90% and +8.48% respectively.
Stochastic %K and %D was 93.24% and 94.14% and the average true range (ATR) pointed at 0.37. The RSI (14) points at 69.60%, while the 14-day stochastic is at 98.00% with the period’s ATR at 0.38. The stock’s 9-day MACD Oscillator is pointing at 0.47 and 0.82 on the 14-day charts.
Analysts offering their rating for FLO stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate FLO as a “sell,”, while 6 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is FLO’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $23.00 and a high of $28.00, with their median price target at $25.00. Looking at these predictions, the average price target given by analysts is for Flowers Foods Inc. (FLO) stock is $25.17.