Flowers Foods (NYSE:FLO) Given "Sell (D+)" Rating at Weiss Ratings

Flowers Foods (NYSE:FLO - Get Free Report)'s stock had its "sell (d+)" rating restated by equities research analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Several other research firms have also recently weighed in on FLO. DA Davidson reaffirmed a "neutral" rating and set a $15.00 price objective on shares of Flowers Foods in a research report on Monday, August 18th. Truist Financial cut their price objective on Flowers Foods from $20.00 to $15.00 and set a "hold" rating on the stock in a research report on Monday, August 18th. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Flowers Foods has a consensus rating of "Reduce" and an average price target of $15.33.

Flowers Foods Stock Down 1.3%

NYSE FLO opened at $12.61 on Wednesday. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.26 and a quick ratio of 0.90. The stock has a market capitalization of $2.66 billion, a PE ratio of 12.13 and a beta of 0.27. Flowers Foods has a 1 year low of $12.42 and a 1 year high of $23.44. The business's 50-day moving average is $14.58 and its 200 day moving average is $16.18.

Flowers Foods (NYSE:FLO - Get Free Report) last posted its earnings results on Friday, August 15th. The company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.01. The company had revenue of $1.24 billion for the quarter, compared to analysts' expectations of $1.27 billion. Flowers Foods had a return on equity of 17.85% and a net margin of 4.30%.Flowers Foods's quarterly revenue was up 1.5% on a year-over-year basis. During the same period last year, the firm earned $0.36 earnings per share. Flowers Foods has set its FY 2025 guidance at 1.000-1.10 EPS. Sell-side analysts forecast that Flowers Foods will post 1.18 earnings per share for the current year.

Insider Buying and Selling

In other Flowers Foods news, CEO Ryals Mcmullian sold 350,000 shares of the firm's stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $12.82, for a total transaction of $4,487,000.00. Following the completion of the sale, the chief executive officer directly owned 1,231,380 shares in the company, valued at approximately $15,786,291.60. This trade represents a 22.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Cindy Cox sold 3,600 shares of the firm's stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $15.00, for a total transaction of $54,000.00. Following the sale, the insider owned 16,994 shares of the company's stock, valued at approximately $254,910. This represents a 17.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 11.57% of the company's stock.

Institutional Trading of Flowers Foods

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Elevation Point Wealth Partners LLC bought a new position in Flowers Foods in the 2nd quarter valued at approximately $28,000. Private Trust Co. NA lifted its position in Flowers Foods by 103.8% in the 2nd quarter. Private Trust Co. NA now owns 1,932 shares of the company's stock valued at $31,000 after acquiring an additional 984 shares in the last quarter. IFP Advisors Inc lifted its position in Flowers Foods by 860.2% in the 2nd quarter. IFP Advisors Inc now owns 1,978 shares of the company's stock valued at $32,000 after acquiring an additional 1,772 shares in the last quarter. UMB Bank n.a. lifted its position in Flowers Foods by 2,191.6% in the 1st quarter. UMB Bank n.a. now owns 2,177 shares of the company's stock valued at $41,000 after acquiring an additional 2,082 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in Flowers Foods by 64.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 2,555 shares of the company's stock valued at $41,000 after acquiring an additional 1,001 shares in the last quarter. 75.45% of the stock is currently owned by institutional investors.

Flowers Foods Company Profile

Flowers Foods, Inc produces and markets packaged bakery food products in the United States. Its principal products include fresh breads, buns, rolls, snack items, bagels, English muffins, and tortillas, as well as frozen breads and rolls under the Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Mrs.

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