Bob Evans Farms Company Profile (NASDAQ:BOBE)

About Bob Evans Farms (NASDAQ:BOBE)

Bob Evans Farms logoBob Evans Farms, Inc. (Bob Evans) is a producer and distributor of refrigerated potato, pasta and vegetable-based side dishes, pork sausage, and a variety of refrigerated and frozen food items under the Bob Evans and Owens or Country Creek brand names. The Company's food products are distributed to customers throughout the United States. Additionally, the Company manufactures and sells similar products to foodservice customers, restaurants and food sellers. The Company operates through BEF Foods segment. The BEF Foods segment offers a range of wholesome food products to retail and foodservice customers. The Company produces food products in its four manufacturing facilities. It produces sausage products at its plants located in Hillsdale, Michigan, and Xenia, Ohio.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Commercial Food Services
  • Sub-Industry: Restaurants
  • Symbol: NASDAQ:BOBE
  • CUSIP: 09676110
  • Web: www.bobevans.com
Capitalization:
  • Market Cap: $1.54 billion
  • Outstanding Shares: 19,942,000
Average Prices:
  • 50 Day Moving Avg: $74.60
  • 200 Day Moving Avg: $69.72
  • 52 Week Range: $39.89 - $78.18
P/E:
  • Trailing P/E Ratio: 12.55
  • Foreward P/E Ratio: 30.21
  • P/E Growth: 2.36
Sales & Book Value:
  • Annual Revenue: $418.17 million
  • Price / Sales: 3.69
  • Book Value: $8.89 per share
  • Price / Book: 8.70
Dividend:
  • Annual Dividend: $1.36
  • Dividend Yield: 1.8%
Profitability:
  • EBITDA: $64.75 million
  • Net Margins: 19.49%
  • Return on Equity: 19.52%
  • Return on Assets: 7.55%
Debt:
  • Debt-to-Equity Ratio: 0.52%
  • Current Ratio: 1.11%
  • Quick Ratio: 0.83%
Misc:
  • Average Volume: 500,894 shs.
  • Beta: 0.58
  • Short Ratio: 3.53
 

Frequently Asked Questions for Bob Evans Farms (NASDAQ:BOBE)

What is Bob Evans Farms' stock symbol?

Bob Evans Farms trades on the NASDAQ under the ticker symbol "BOBE."

How often does Bob Evans Farms pay dividends? What is the dividend yield for Bob Evans Farms?

Bob Evans Farms announced a quarterly dividend on Wednesday, August 23rd. Stockholders of record on Monday, September 4th will be given a dividend of $0.34 per share on Monday, September 18th. This represents a $1.36 annualized dividend and a dividend yield of 1.76%. The ex-dividend date of this dividend is Wednesday, August 30th. View Bob Evans Farms' Dividend History.

How will Bob Evans Farms' stock buyback program work?

Bob Evans Farms declared that its Board of Directors has authorized a share buyback plan on Tuesday, April 11th 2017, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 10.6% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its stock is undervalued.

How were Bob Evans Farms' earnings last quarter?

Bob Evans Farms, Inc. (NASDAQ:BOBE) posted its earnings results on Wednesday, August, 30th. The company reported $0.37 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.37. The company earned $109.30 million during the quarter, compared to analyst estimates of $102.29 million. Bob Evans Farms had a return on equity of 19.52% and a net margin of 19.49%. The business's revenue was up 27.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.48 EPS. View Bob Evans Farms' Earnings History.

When will Bob Evans Farms make its next earnings announcement?

Bob Evans Farms is scheduled to release their next quarterly earnings announcement on Monday, December, 4th 2017. View Earnings Estimates for Bob Evans Farms.

What guidance has Bob Evans Farms issued on next quarter's earnings?

Bob Evans Farms issued an update on its FY18 earnings guidance on Wednesday, August, 30th. The company provided earnings per share (EPS) guidance of $2.10-2.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.17. The company issued revenue guidance of $474-486 million, compared to the consensus revenue estimate of $472.37 million.

Where is Bob Evans Farms' stock going? Where will Bob Evans Farms' stock price be in 2017?

8 equities research analysts have issued 1-year price objectives for Bob Evans Farms' stock. Their forecasts range from $67.41 to $85.00. On average, they anticipate Bob Evans Farms' share price to reach $75.92 in the next twelve months. View Analyst Ratings for Bob Evans Farms.

What are analysts saying about Bob Evans Farms stock?

Here are some recent quotes from research analysts about Bob Evans Farms stock:

  • 1. According to Zacks Investment Research, "BOB EVANS FARMS, INC. is divided into two principal industry segments: the food products segment and the restaurant segment. The company owns and operates restaurants, including Bob Evans Restaurants, Owens Family Restaurants, Bob Evans small-town Restaurants and Cantina Del Rio Mexican restaurants. They also produce fresh and fully-cooked sausage products and fresh, deli-style salads which are distributed primarily to grocery stores in the Midwest, Southwest and Southeast. " (9/13/2017)
  • 2. Maxim Group analysts commented, "Bob Evans Farms (BOBE) reported F1Q18 (July) pro forma EPS of $0.37, which were in line with our $0.37 estimate and the $0.37 Street mean. Margins missed our estimates, though this was offset by strong top-line growth, which was highlighted by 18% y/y growth in the side dish business excluding the Pineland Farms acquisition." (8/30/2017)

Who are some of Bob Evans Farms' key competitors?

Who are Bob Evans Farms' key executives?

Bob Evans Farms' management team includes the folowing people:

  • Douglas N. Benham, Executive Chairman of the Board
  • J. Michael Townsley, President, Chief Executive Officer, Director
  • Mark E. Hood, Chief Financial Officer, Chief Administrative Officer
  • Colin M. Daly Esq., Executive Vice President, General Counsel, Corporate Secretary
  • Richard D. Hall, Executive Vice President - Supply Chain Management
  • T. Alan Ashworth, Senior Vice President - Finance and Corporate Development , Treasurer
  • Terrance Richard Camp, Senior Vice President - Operations
  • Christopher John Lambrix, Senior Vice President - Retail Development
  • Mary Kay Haben, Lead Independent Director
  • Charles M. Elson, Independent Director

Who owns Bob Evans Farms stock?

Bob Evans Farms' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.03%) and Quantitative Systematic Strategies LLC (0.02%). Company insiders that own Bob Evans Farms stock include Kevin M Sheehan and Thomas Alan Ashworth. View Institutional Ownership Trends for Bob Evans Farms.

Who sold Bob Evans Farms stock? Who is selling Bob Evans Farms stock?

Bob Evans Farms' stock was sold by a variety of institutional investors in the last quarter, including Quantitative Systematic Strategies LLC. View Insider Buying and Selling for Bob Evans Farms.

Who bought Bob Evans Farms stock? Who is buying Bob Evans Farms stock?

Bob Evans Farms' stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A.. View Insider Buying and Selling for Bob Evans Farms.

How do I buy Bob Evans Farms stock?

Shares of Bob Evans Farms can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Bob Evans Farms' stock price today?

One share of Bob Evans Farms stock can currently be purchased for approximately $77.34.


MarketBeat Community Rating for Bob Evans Farms (NASDAQ BOBE)
Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  202 (Vote Outperform)
Underperform Votes:  214 (Vote Underperform)
Total Votes:  416
MarketBeat's community ratings are surveys of what our community members think about Bob Evans Farms and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Bob Evans Farms (NASDAQ:BOBE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 7 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.13)
Consensus Price Target: $75.92 (1.84% downside)
Consensus Price Target History for Bob Evans Farms (NASDAQ:BOBE)
Price Target History for Bob Evans Farms (NASDAQ:BOBE)
Analysts' Ratings History for Bob Evans Farms (NASDAQ:BOBE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/22/2017William BlairDowngradeOutperform -> Market PerformLowView Rating Details
9/20/2017CJS SecuritiesInitiated CoverageOutperform$85.00LowView Rating Details
9/20/2017Berenberg BankDowngradeBuy -> Hold$78.00 -> $77.00LowView Rating Details
9/19/2017Maxim GroupDowngradeBuy -> Hold$77.00HighView Rating Details
9/8/2017Oppenheimer Holdings, Inc.Reiterated RatingHold$72.00LowView Rating Details
8/23/2017SidotiInitiated CoverageNeutral -> Neutral$76.00HighView Rating Details
6/5/2017CIBCReiterated RatingMarket Perform -> Market Perform$77.00LowView Rating Details
1/4/2017Citigroup Inc.DowngradePositive -> Market PerformN/AView Rating Details
12/3/2015StephensUpgradeUnderweight -> Equal Weight$40.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Bob Evans Farms (NASDAQ:BOBE)
Earnings by Quarter for Bob Evans Farms (NASDAQ:BOBE)
Earnings History by Quarter for Bob Evans Farms (NASDAQ BOBE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/4/2017$0.40N/AView Earnings Details
8/30/2017Q1 2018$0.37$0.37$102.29 million$109.30 millionViewN/AView Earnings Details
6/15/2017Q4 17$0.42$0.61$325.70 million$99.90 millionViewN/AView Earnings Details
3/8/2017Q3 2017$0.76$0.75$344.56 million$335.90 millionViewN/AView Earnings Details
12/5/2016Q217$0.45$0.56$319.31 million$315.96 millionViewN/AView Earnings Details
8/31/2016Q117$0.44$0.48$310.89 million$306.30 millionViewN/AView Earnings Details
6/14/2016Q416$0.43$0.48$345.02 million$345.59 millionViewListenView Earnings Details
3/1/2016Q3$0.54$0.62$347.52 million$346.50 millionViewListenView Earnings Details
12/1/2015Q2$0.39$0.41$323.35 million$325.02 millionViewN/AView Earnings Details
9/1/2015Q116$0.30$0.51$323.22 million$321.71 millionViewN/AView Earnings Details
6/16/2015Q415$0.41$0.56$331.31 million$332.39 millionViewN/AView Earnings Details
3/3/2015Q315$0.69$0.60$358.83 million$367.20 millionViewN/AView Earnings Details
12/2/2014Q215$0.34$0.36$343.24 million$333.28 millionViewN/AView Earnings Details
8/26/2014Q115$0.10$0.10$328.61 million$326.30 millionViewListenView Earnings Details
7/8/2014Q115$0.41$0.61$333.31 million$326.40 millionViewN/AView Earnings Details
3/4/2014Q314$0.57$0.30$350.54 million$340.13 millionViewN/AView Earnings Details
12/3/2013Q2$0.57$0.35$334.40 millionViewN/AView Earnings Details
8/19/2013Q1 2014$0.57$0.58$333.49 million$329.40 millionViewN/AView Earnings Details
6/4/2013Q4 2013$0.64$0.71$331.41 million$353.90 millionViewN/AView Earnings Details
2/19/2013Q3 2013$0.55$0.56$434.21 million$434.40 millionViewN/AView Earnings Details
11/19/2012Q312$0.61$0.53$414.20 million$410.90 millionViewN/AView Earnings Details
8/14/2012$0.60$0.58ViewN/AView Earnings Details
6/5/2012$0.73$0.68ViewN/AView Earnings Details
2/14/2012$0.60$0.69ViewN/AView Earnings Details
11/15/2011$0.53$0.47ViewN/AView Earnings Details
8/16/2011$0.51$0.59ViewN/AView Earnings Details
6/7/2011$0.66$0.60ViewN/AView Earnings Details
2/15/2011$0.64$0.51ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Bob Evans Farms (NASDAQ:BOBE)
2017 EPS Consensus Estimate: $2.10
2018 EPS Consensus Estimate: $2.19
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.43$0.46$0.45
Q2 20172$0.43$0.45$0.44
Q3 20172$0.70$0.73$0.72
Q4 20172$0.48$0.51$0.50
Q1 20181$0.35$0.35$0.35
Q2 20182$0.35$0.42$0.39
Q3 20182$0.79$0.84$0.82
Q4 20182$0.61$0.66$0.64
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Bob Evans Farms (NASDAQ:BOBE)
Most Recent Dividend:9/18/2017
Annual Dividend:$1.36
Dividend Yield:1.76%
Dividend Growth:5.10% (3 Year Average)
Payout Ratio:22.08% (Trailing 12 Months of Earnings)
62.39% (Based on This Year's Estimates)
53.13% (Based on Next Year's Estimates)
Track Record:9 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Bob Evans Farms (NASDAQ:BOBE)

Dividend History by Quarter for Bob Evans Farms (NASDAQ BOBE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/23/2017quarterly$0.342.19%8/30/20179/4/20179/18/2017
5/31/2017quarterly$0.341.9%6/8/20176/12/20176/26/2017
5/2/2017special$7.502%5/25/20175/30/20176/16/2017
2/28/2017quarterly$0.342.4%3/9/20173/13/20173/27/2017
11/29/2016quarterly$0.343.05%12/8/201612/12/201612/23/2016
8/24/2016quarterly$0.343.59%8/31/20169/5/20169/19/2016
5/26/2016quarterly$0.343%6/2/20166/6/20166/20/2016
2/18/2016quarterly$0.343.3%2/25/20162/29/20163/14/2016
11/19/2015quarterly$0.343.36%11/25/201511/30/201512/14/2015
8/19/2015quarterly$0.312.77%9/2/20159/7/20159/21/2015
5/21/2015quarterly$0.312.68%5/28/20156/1/20156/15/2015
2/23/2015quarterly$0.312.17%3/5/20153/9/20153/23/2015
11/20/2014quarterly$0.312.34%11/26/201412/1/201412/15/2014
8/20/2014quarterly$0.312.54%9/4/20149/8/20149/22/2014
5/22/2014quarterly$0.312.63%5/29/20146/2/20146/16/2014
2/24/2014quarterly$0.312.43%3/6/20143/10/20143/24/2014
11/21/2013quarterly$0.312.2%11/27/201312/2/201312/16/2013
8/20/2013quarterly$0.312.36%8/29/20139/3/20139/16/2013
5/24/2013quarterly$0.282.35%5/30/20136/3/20136/17/2013
2/26/2013quarterly$0.282.68%3/7/20133/11/20133/25/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Bob Evans Farms (NASDAQ:BOBE)
Insider Ownership Percentage: 1.20%
Institutional Ownership Percentage: 76.85%
Insider Trades by Quarter for Bob Evans Farms (NASDAQ:BOBE)
Institutional Ownership by Quarter for Bob Evans Farms (NASDAQ:BOBE)
Insider Trades by Quarter for Bob Evans Farms (NASDAQ:BOBE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/22/2017Thomas Alan AshworthSVPSell7,100$70.70$501,970.00View SEC Filing  
1/4/2016Kevin M SheehanDirectorBuy5,000$38.03$190,150.00View SEC Filing  
9/4/2015Mark E HoodCFOBuy2,200$44.72$98,384.00View SEC Filing  
6/26/2015Scott C TaggartVPSell1,000$51.70$51,700.00View SEC Filing  
6/24/2015Thomas Alan AshworthSVPSell1,805$51.00$92,055.00View SEC Filing  
3/11/2015Larry S McwilliamsDirectorBuy2,145$46.29$99,292.05View SEC Filing  
3/6/2015Douglas N BenhamDirectorBuy3,500$46.79$163,765.00View SEC Filing  
3/6/2015Mark E HoodCFOBuy2,500$47.13$117,825.00View SEC Filing  
9/8/2014Mark E HoodCFOBuy3,500$44.43$155,505.00View SEC Filing  
9/5/2014Michael Feder WeinsteinDirectorBuy2,000$43.94$87,880.00View SEC Filing  
9/4/2014Charles M ElsonDirectorBuy2,300$43.50$100,050.00View SEC Filing  
9/2/2014Steven A DavisCEOBuy15,000$43.12$646,800.00View SEC Filing  
8/29/2014G Robert LucasDirectorSell5,070$43.56$220,849.20View SEC Filing  
8/29/2014Thomas Alan AshworthVPSell1,600$43.43$69,488.00View SEC Filing  
3/17/2014Randall HicksInsiderSell5,003$49.76$248,949.28View SEC Filing  
3/11/2014E Ingram IIIDirectorSell2,153$50.22$108,123.66View SEC Filing  
9/25/2013G Robert LucasDirectorSell2,153$57.96$124,787.88View SEC Filing  
9/25/2013J Michael TownsleyInsiderSell28,487$57.87$1,648,542.69View SEC Filing  
9/12/2013Harvey Brownlee, Jr.InsiderSell2,131$52.77$112,452.87View SEC Filing  
9/10/2013Randall J HicksInsiderSell13,764$52.60$723,986.40View SEC Filing  
9/4/2013Harvey Brownlee JrInsiderSell8,624$49.79$429,388.96View SEC Filing  
8/22/2013G Robert LucasDirectorSell2,564$52.46$134,507.44View SEC Filing  
6/27/2013J Michael TownsleyInsiderSell6,984$47.14$329,225.76View SEC Filing  
6/10/2013Randall J HicksInsiderSell20,163$48.01$968,025.63View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Bob Evans Farms (NASDAQ:BOBE)
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Bob Evans Farms (BOBE) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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