Flowers Foods, Inc (NYSE: FLO) is -8.23% lower on its value in year-to-date trading and has touched a low of $17.95 and a high of $26.12 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FLO stock was last observed hovering at around $18.94 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $18.96, the stock is 1.54% and -0.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.88 million and changing 0.11% at the moment leaves the stock -11.19% off its SMA200. FLO registered -19.76% loss for a year compared to 6-month loss of -17.82%. The firm has a 50-day simple moving average (SMA 50) of $18.967 and a 200-day simple moving average (SMA200) of $21.34855.
The stock witnessed a 2.32% gain in the last 1 month and extending the period to 3 months gives it a -7.74%, and is 2.54% 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 1.71% over the week and 2.39% over the month.
Flowers Foods, Inc (FLO) has around 10200 employees, a market worth around $4.00B and $5.10B in sales. Current P/E ratio is 16.21 and Fwd P/E is 15.37. Profit margin for the company is 4.86%. Distance from 52-week low is 5.63% and -27.41% from its 52-week high. The company has generated returns on investments over the last 12 months (9.24%).
with sales reaching $1.6B over the same period.The EPS is expected to shrink by -8.84% this year, but quarterly earnings will post 6.28% year-over-year. Quarterly sales are estimated to grow 1.31% in year-over-year returns.
516.0 institutions hold shares in Flowers Foods, Inc (FLO), with institutional investors hold 81.32% of the company’s shares. The shares outstanding are 210.60M, and float is at 195.09M with Short Float at 5.59%. Institutions hold 75.21% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 21.77 million shares valued at $483.26 million. The investor’s holdings represent 10.313 of the FLO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 18.5 million shares valued at $410.62 million to account for 8.7513 of the shares outstanding. The other top investors are STATE STREET CORP which holds 8.68 million shares representing 4.1076 and valued at over $192.73 million, while PRICE T ROWE ASSOCIATES INC /MD/ holds 3.9879 of the shares totaling 8.43 million with a market value of $187.12 million.
