Flowers Foods, Inc (NYSE: FLO) is -16.21% lower on its value in year-to-date trading and has touched a low of $16.81 and a high of $25.67 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 $17.07 in the last trading session, with the day’s gains setting it 0.24%.
Currently trading at $17.31, the stock is -1.54% and -4.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.24 million and changing 1.41% at the moment leaves the stock -16.30% off its SMA200. FLO registered -31.72% loss for a year compared to 6-month loss of -20.23%.
The stock witnessed a -3.67% gain in the last 1 month and extending the period to 3 months gives it a -6.48%, and is 0.58% 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 2.82% over the week and 2.14% over the month.
Flowers Foods, Inc (FLO) has around 10200 employees, a market worth around $3.65B and $5.08B in sales. Current P/E ratio is 16.10 and Fwd P/E is 15.10. Profit margin for the company is 4.49%. Distance from 52-week low is 2.97% and -32.57% from its 52-week high. The company has generated returns on investments over the last 12 months (6.58%).
with sales reaching $1.27B over the same period.The EPS is expected to shrink by -12.81% this year, but quarterly earnings will post 4.24% year-over-year. Quarterly sales are estimated to grow 3.51% in year-over-year returns.
Flowers Foods, Inc (FLO) Top Institutional Holders
The shares outstanding are 211.13M, and float is at 195.32M 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.
Flowers Foods, Inc (FLO) Insider Activity
#####
