Flowers Foods, Inc (NYSE: FLO) is -8.91% 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 $19.21 in the last trading session, with the day’s loss setting it -0.39%.
Currently trading at $18.82, the stock is 0.79% and -0.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.96 million and changing -2.03% at the moment leaves the stock -11.70% off its SMA200. FLO registered -18.67% loss for a year compared to 6-month loss of -16.95%. The firm has a 50-day simple moving average (SMA 50) of $18.932 and a 200-day simple moving average (SMA200) of $21.3138.
The stock witnessed a 0.97% gain in the last 1 month and extending the period to 3 months gives it a -8.42%, and is -0.32% down 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 3.35% over the week and 2.72% over the month.
Flowers Foods, Inc (FLO) has around 10200 employees, a market worth around $3.97B and $5.10B in sales. Current P/E ratio is 16.09 and Fwd P/E is 15.26. Profit margin for the company is 4.86%. Distance from 52-week low is 4.85% and -27.95% from its 52-week high. The company has generated returns on investments over the last 12 months (9.24%).
The EPS is expected to shrink by -8.84% this year.
Flowers Foods, Inc (FLO) Top Institutional Holders
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.
Flowers Foods, Inc (FLO) Insider Activity
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