Flowers Foods, Inc (NYSE: FLO) is -18.34% lower on its value in year-to-date trading and has touched a low of $17.17 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 $17.34 in the last trading session, with the day’s loss setting it -0.47%.
Currently trading at $16.87, the stock is -4.54% and -7.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.25 million and changing -2.71% at the moment leaves the stock -18.63% off its SMA200. FLO registered -33.63% loss for a year compared to 6-month loss of -21.32%.
The stock witnessed a -9.79% gain in the last 1 month and extending the period to 3 months gives it a -8.41%, and is -2.93% 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 2.29% over the week and 2.13% over the month.
Flowers Foods, Inc (FLO) has around 10200 employees, a market worth around $3.56B and $5.10B in sales. Current P/E ratio is 14.42 and Fwd P/E is 13.93. Profit margin for the company is 4.86%. Distance from 52-week low is -1.74% and -35.41% 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 -9.33% this year
The shares outstanding are 210.60M, and float is at 195.35M with Short Float at 6.50%.
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 10.2995 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.
