Flowers Foods, Inc (NYSE: FLO)’s stock price has gone decline by -2.05 in comparison to its previous close of 22.49, however, the company has experienced a -0.90% decrease in its stock price over the last five trading days. zacks.com reported 2024-11-06 that FLO’s Q3 results are likely to reflect gains from portfolio strategy and saving efforts amid a volatile consumer landscape.
Is It Worth Investing in Flowers Foods, Inc (NYSE: FLO) Right Now?
The price-to-earnings ratio for Flowers Foods, Inc (NYSE: FLO) is 36.30x, which is above its average ratio. Moreover, the 36-month beta value for FLO is 0.36. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The public float for FLO is 196.18M and currently, short sellers hold a 1.94% of that float. On November 08, 2024, FLO’s average trading volume was 989.74K shares.
FLO’s Market Performance
FLO’s stock has seen a -0.90% decrease for the week, with a -2.61% drop in the past month and a -3.29% fall in the past quarter. The volatility ratio for the week is 2.13%, and the volatility levels for the past 30 days are at 1.56% for Flowers Foods, Inc The simple moving average for the past 20 days is -2.00% for FLO’s stock, with a -4.28% simple moving average for the past 200 days.
Analysts’ Opinion of FLO
Many brokerage firms have already submitted their reports for FLO stocks, with Exane BNP Paribas repeating the rating for FLO by listing it as a “Underperform.” The predicted price for FLO in the upcoming period, according to Exane BNP Paribas is $20 based on the research report published on July 10, 2024 of the current year 2024.
DA Davidson, on the other hand, stated in their research note that they expect to see FLO reach a price target of $24. The rating they have provided for FLO stocks is “Neutral” according to the report published on March 01st, 2024.
Deutsche Bank gave a rating of “Hold” to FLO, setting the target price at $27 in the report published on March 03rd of the previous year.
FLO Trading at -3.54% from the 50-Day Moving Average
After a stumble in the market that brought FLO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.66% of loss for the given period.
Volatility was left at 1.56%, however, over the last 30 days, the volatility rate increased by 2.13%, as shares sank -2.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.43% lower at present.
During the last 5 trading sessions, FLO fell by -0.90%, which changed the moving average for the period of 200-days by -2.13% in comparison to the 20-day moving average, which settled at $22.48. In addition, Flowers Foods, Inc saw -2.13% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FLO starting from Casey Edward J. Jr., who purchase 5,000 shares at the price of $23.55 back on Apr 02 ’24. After this action, Casey Edward J. Jr. now owns 20,330 shares of Flowers Foods, Inc, valued at $117,750 using the latest closing price.
THOMAS TERRY S, the Chief Growth Officer of Flowers Foods, Inc, sale 36,577 shares at $23.11 during a trade that took place back on Mar 11 ’24, which means that THOMAS TERRY S is holding 42,740 shares at $845,162 based on the most recent closing price.
Stock Fundamentals for FLO
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.47 for the gross margin
The net margin for Flowers Foods, Inc stands at 0.03. The total capital return value is set at 0.08. Equity return is now at value 9.04, with 3.72 for asset returns.
Based on Flowers Foods, Inc (FLO), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.34. The debt to equity ratio resting at 0.83. The interest coverage ratio of the stock is 6.59.
Currently, EBITDA for the company is 480.22 million with net debt to EBITDA at 3.64. When we switch over and look at the enterprise to sales, we see a ratio of 1.17. The receivables turnover for the company is 12.81for trailing twelve months and the total asset turnover is 1.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.19.
Conclusion
To wrap up, the performance of Flowers Foods, Inc (FLO) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
