Flowers Foods Inc. (NYSE: FLO) has reported earnings for its first fiscal quarter (ending March 31) of $0.35 versus $0.33 for the same period a year ago. E.P.S. were $0.60 for the latest four quarters through March 31 versus $1.00 for the same period a year ago.
Recent Price Action
On 5/16/24, Flowers Foods Inc. (NYSE: FLO) stock declined slightly by -0.08%, closing at $25.49. Moreover, this decline was accompanied by exceptionally high trading volume at 266% of normal. The stock has performed in line with the market over the last nine months and has risen 1.5% during the last week.
Current PriceTarget Research Rating
FLO is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Flowers Foods has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Flowers Foods has a neutral Power Rating of 41 but a very low Appreciation Score of 14, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
Be the first to comment