Flowers Foods, Inc. (NYSE: FLO) is 9.60% higher on its value in year-to-date trading and has touched a low of $19.64 and a high of $29.10 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FLO stock was last observed hovering at around $24.58 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $24.67, the stock is 5.79% and 7.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.12 million and changing 0.37% at the moment leaves the stock 8.24% off its SMA200. FLO registered -8.83% loss for a year compared to 6-month gain of 18.26%.
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The stock witnessed a 6.80% loss in the last 1 month and extending the period to 3 months gives it a 9.94%, and is 7.68% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.01% over the week and 1.37% over the month.
Flowers Foods, Inc. (FLO) has around 9300 employees, a market worth around $5.21B and $5.09B in sales. Current P/E ratio is 42.70 and Fwd P/E is 18.83. Profit margin for the company is 2.42%. Distance from 52-week low is 25.61% and -15.22% from its 52-week high. The company has generated returns on investments over the last 12 months (4.68%).
The EPS is expected to grow by 2.68% this year.
Flowers Foods, Inc. (FLO) Top Institutional Holders
The shares outstanding are 210.42M, and float is at 194.70M with Short Float at 1.18%.
Flowers Foods, Inc. (FLO) Insider Activity
The most recent transaction is an insider purchase by Casey Edward J. Jr.,the company’sDirector. SEC filings show that Casey Edward J. Jr. bought 5,000 shares of the company’s common stock on Apr 02 ’24 at a price of $23.55 per share for a total of $0.12 million. Following the purchase, the insider now owns 20330.0 shares.
Flowers Foods, Inc. disclosed in a document filed with the SEC on Mar 11 ’24 that THOMAS TERRY S (Chief Growth Officer) sold a total of 36,577 shares of the company’s common stock. The trade occurred on Mar 11 ’24 and was made at $23.11 per share for $0.85 million. Following the transaction, the insider now directly holds 42740.0 shares of the FLO stock.
Still, SEC filings show that on Dec 20 ’23, KINSEY R STEVE (Chief Financial Officer & CAO) acquired 1,780 shares at an average price of $22.46 for $39982.0. The insider now directly holds 399,520 shares of Flowers Foods, Inc. (FLO).
