Flowers Foods, Inc (NYSE: FLO) is -13.02% lower on its value in year-to-date trading and has touched a low of $17.33 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 $18.30 in the last trading session, with the day’s loss setting it -0.33%.
Currently trading at $17.97, the stock is -2.77% and -3.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.63 million and changing -1.80% at the moment leaves the stock -15.01% off its SMA200. FLO registered -21.56% loss for a year compared to 6-month loss of -20.91%. The firm has a 50-day simple moving average (SMA 50) of $18.7028 and a 200-day simple moving average (SMA200) of $21.144.
The stock witnessed a -3.44% gain in the last 1 month and extending the period to 3 months gives it a -6.21%, and is -1.91% 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 2.99% over the week and 2.98% over the month.
Flowers Foods, Inc (FLO) has around 10200 employees, a market worth around $3.79B and $5.10B in sales. Current P/E ratio is 15.36 and Fwd P/E is 14.57. Profit margin for the company is 4.86%. Distance from 52-week low is 3.69% and -31.20% 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
518.0 institutions hold shares in Flowers Foods, Inc (FLO), with institutional investors hold 81.31% of the company’s shares. The shares outstanding are 210.60M, and float is at 195.35M with Short Float at 6.83%. Institutions hold 75.12% 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.
