Flowers Foods (NYSE:FLO) Updates FY 2025 Earnings Guidance

Key Points

• Flowers Foods has updated its FY 2025 earnings guidance, providing EPS expectations of 1.000-1.10 and revenue forecast of $5.2 billion-$5.3 billion, slightly lower than consensus estimates.
• The company has announced an increase in its quarterly dividend to $0.2475 per share, reflecting a 6.0% yield and a payout ratio of 91.67%.
• Shares of Flowers Foods were down 1.0% following the earnings report, with recent analyst ratings showing a shift from "buy" to "hold" and a lowered price target from $20.00 to $16.00.

Flowers Foods (NYSE:FLO - Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided EPS guidance of 1.000-1.10 for the period, compared to the consensus EPS estimate of 1.087. The company issued revenue guidance of $5.2 billion-$5.3 billion, compared to the consensus revenue estimate of $5.3 billion.

Flowers Foods Stock Down 1.0%

Flowers Foods stock opened at $16.59 on Friday. The stock's 50 day moving average price is $16.07 and its 200 day moving average price is $17.47. Flowers Foods has a 1-year low of $15.27 and a 1-year high of $23.87. The company has a market cap of $3.50 billion, a PE ratio of 15.36 and a beta of 0.32. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.26 and a quick ratio of 0.89.

Flowers Foods (NYSE:FLO - Get Free Report) last released its earnings results on Friday, May 16th. The company reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.38 by ($0.03). Flowers Foods had a net margin of 4.49% and a return on equity of 18.91%. The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.60 billion. During the same period last year, the business posted $0.38 EPS. Flowers Foods's revenue was down 1.4% compared to the same quarter last year. On average, sell-side analysts predict that Flowers Foods will post 1.18 EPS for the current fiscal year.

Flowers Foods Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 19th. Shareholders of record on Thursday, June 5th were given a dividend of $0.2475 per share. The ex-dividend date was Thursday, June 5th. This is an increase from Flowers Foods's previous quarterly dividend of $0.24. This represents a $0.99 annualized dividend and a yield of 6.0%. Flowers Foods's dividend payout ratio (DPR) is currently 91.67%.

Analysts Set New Price Targets

A number of brokerages have issued reports on FLO. Wall Street Zen cut shares of Flowers Foods from a "buy" rating to a "hold" rating in a report on Monday, May 19th. Jefferies Financial Group dropped their price objective on Flowers Foods from $20.00 to $16.00 and set a "hold" rating for the company in a research note on Friday, May 16th.

Insider Buying and Selling at Flowers Foods

In related news, Director Thomas Caldecot Chubb III bought 3,000 shares of Flowers Foods stock in a transaction that occurred on Tuesday, May 27th. The shares were purchased at an average price of $16.88 per share, with a total value of $50,640.00. Following the purchase, the director owned 45,861 shares in the company, valued at $774,133.68. This represents a 7.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director William Jameson Mcfadden bought 3,000 shares of the stock in a transaction on Tuesday, May 27th. The shares were bought at an average price of $16.92 per share, for a total transaction of $50,760.00. Following the acquisition, the director owned 532,476 shares in the company, valued at $9,009,493.92. The trade was a 0.57% increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders acquired 12,000 shares of company stock worth $202,440. 11.57% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Flowers Foods

Several hedge funds have recently modified their holdings of FLO. Treasurer of the State of North Carolina lifted its stake in shares of Flowers Foods by 1.7% during the second quarter. Treasurer of the State of North Carolina now owns 87,202 shares of the company's stock valued at $1,393,000 after buying an additional 1,455 shares during the period. EverSource Wealth Advisors LLC raised its holdings in Flowers Foods by 140.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,061 shares of the company's stock valued at $81,000 after acquiring an additional 2,958 shares during the last quarter. M&T Bank Corp raised its holdings in Flowers Foods by 31.5% in the 2nd quarter. M&T Bank Corp now owns 14,876 shares of the company's stock valued at $238,000 after acquiring an additional 3,565 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Flowers Foods by 28.3% during the 2nd quarter. Cetera Investment Advisers now owns 17,010 shares of the company's stock worth $272,000 after purchasing an additional 3,757 shares during the period. Finally, Prudential Financial Inc. boosted its holdings in shares of Flowers Foods by 24.9% during the second quarter. Prudential Financial Inc. now owns 21,460 shares of the company's stock worth $343,000 after purchasing an additional 4,281 shares during the last quarter. 75.45% of the stock is owned by institutional investors and hedge funds.

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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