Flowers Foods Inc. (NYSE: FLO) has reported E.P.S. of $0.32 for its second fiscal quarter (ending June 30) versus $0.30 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $0.61 compared to $1.05 a year ago.
Recent Price Action
On 8/16/24, Flowers Foods Inc. (NYSE: FLO) stock rose slightly by 0.2%, closing at $22.71. Moreover, this advance was accompanied by unusually high trading volume at 153% of normal. The stock has performed in line with the market over the last nine months and is unchanged 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Flowers Foods has a neutral Power Rating of 42 but a poor Appreciation Score of 16, leading to 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.
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