Bob 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
- Market Cap: $1.31 billion
- Outstanding Shares: 19,924,000
- 50 Day Moving Avg: $67.96
- 200 Day Moving Avg: $65.41
- 52 Week Range: $36.88 - $75.34
Sales & Book Value:
- Trailing P/E Ratio: 10.50
- Foreward P/E Ratio: 25.98
- P/E Growth: 2.75
- Annual Revenue: $394.84 million
- Price / Sales: 3.33
- Book Value: $16.75 per share
- Price / Book: 3.94
- Annual Dividend: $1.36
- Dividend Yield: 2.1%
- EBIDTA: $71.5 million
- Net Margins: 15.15%
- Return on Equity: 19.58%
- Return on Assets: 6.82%
- Current Ratio: 2.90%
- Quick Ratio: 2.71%
- Average Volume: 314,895 shs.
- Beta: 0.54
- 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, May 31st. Investors of record on Monday, June 12th will be given a dividend of $0.34 per share on Monday, June 26th. This represents a $1.36 annualized dividend and a dividend yield of 2.06%. The ex-dividend date is Thursday, June 8th. View Bob Evans Farms' Dividend History.
How will Bob Evans Farms' stock buyback program work?
Bob Evans Farms announced that its board has initiated a share repurchase program on Tuesday, April 11th 2017, which allows the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 10.6% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.
How were Bob Evans Farms' earnings last quarter?
Bob Evans Farms, Inc. (NASDAQ:BOBE) issued its quarterly earnings results on Thursday, June, 15th. The company reported $0.61 EPS for the quarter, beating the Zacks' consensus estimate of $0.42 by $0.19. The business had revenue of $99.90 million for the quarter, compared to analysts' expectations of $325.70 million. Bob Evans Farms had a net margin of 15.15% and a return on equity of 19.58%. The firm's quarterly revenue was down 2.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.48 earnings per share. View Bob Evans Farms' Earnings History.
When will Bob Evans Farms make its next earnings announcement?
Where is Bob Evans Farms' stock going? Where will Bob Evans Farms' stock price be in 2017?
6 equities research analysts have issued 1-year target prices for Bob Evans Farms' stock. Their forecasts range from $67.41 to $77.00. On average, they anticipate Bob Evans Farms' stock price to reach $75.08 in the next year. View Analyst Ratings for Bob Evans Farms.
Are investors shorting Bob Evans Farms?
Bob Evans Farms saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 1,161,900 shares, an increase of 50.3% from the July 14th total of 772,875 shares. Based on an average daily volume of 305,219 shares, the days-to-cover ratio is presently 3.8 days. Currently, 6.0% of the company's shares are sold short.
Who are some of Bob Evans Farms' key competitors?
Some companies that are related to Bob Evans Farms include Five Below (FIVE), Lithia Motors (LAD), Dave & Buster's Entertainment (PLAY), Beacon Roofing Supply (BECN), PriceSmart (PSMT), Sally Beauty Holdings (SBH), Rite Aid Corporation (RAD), Urban Outfitters (URBN), Groupon (GRPN), Big Lots (BIG), Gamestop Corporation (GME), Office Depot (ODP), The Cheesecake Factory Incorporated (CAKE), American Eagle Outfitters (AEO), Canada Goose Holdings (GOOS), HSN (HSNI), Arcos Dorados Holdings (ARCO) and Children's Place, Inc. (The) (PLCE).
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
- 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 Camp, Senior Vice President - Operations
- Christopher J. Lambrix, Senior Vice President - Retail Development
- Mary Kay Haben, Lead Independent Director
- Charles M. Elson, Director
Who owns Bob Evans Farms stock?
Bob Evans Farms' stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (13.66%), BlackRock Inc. (12.77%), Dimensional Fund Advisors LP (4.57%), Victory Capital Management Inc. (4.19%), Northern Trust Corp (3.74%) and State Street Corp (2.72%). Company insiders that own Bob Evans Farms stock include Kevin M Sheehan, Mark E Hood 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 BlackRock Inc., Prudential PLC, Russell Investments Group Ltd., Monarch Partners Asset Management LLC, PDT Partners LLC, Goldman Sachs Group Inc., Prudential Financial Inc. and Paradigm Asset Management Co. 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 acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Balyasny Asset Management LLC, Blair William & Co. IL, DekaBank Deutsche Girozentrale, Arrowstreet Capital Limited Partnership, TIAA CREF Investment Management LLC, Gotham Asset Management LLC and Bamco Inc. NY. Company insiders that have bought Bob Evans Farms stock in the last two years include Kevin M Sheehan and Mark E Hood. 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?
MarketBeat Community Rating for Bob Evans Farms (NASDAQ BOBE)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.
One share of Bob Evans Farms stock can currently be purchased for approximately $66.00.
Consensus Ratings for Bob Evans Farms (NASDAQ:BOBE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$75.08 (13.76% upside)|
Analysts' Ratings History for Bob Evans Farms (NASDAQ:BOBE)
(Data available from 8/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/18/2017||Maxim Group||Lower Price Target||Buy -> Buy||$80.00 -> $77.00||Low|
|7/19/2017||Berenberg Bank||Initiated Coverage||Buy -> Buy||$77.00||High|
|6/5/2017||CIBC||Reiterated Rating||Market Perform -> Market Perform||$77.00||Low|
|6/5/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Market Perform||$77.00||Low|
|5/3/2017||William Blair||Initiated Coverage||Outperform||$67.41||Medium|
|1/4/2017||Citigroup Inc.||Downgrade||Positive -> Market Perform||N/A|
|12/3/2015||Stephens||Upgrade||Underweight -> Equal Weight||$40.00||N/A|
Earnings History for Bob Evans Farms (NASDAQ:BOBE)Earnings History by Quarter for Bob Evans Farms (NASDAQ BOBE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|6/15/2017||Q4 17||$0.42||$0.61||$325.70 million||$99.90 million||View||N/A|
|3/8/2017||Q3 2017||$0.76||$0.75||$344.56 million||$335.90 million||View||N/A|
|12/5/2016||Q217||$0.45||$0.56||$319.31 million||$315.96 million||View||N/A|
|8/31/2016||Q117||$0.44||$0.48||$310.89 million||$306.30 million||View||N/A|
|6/14/2016||Q416||$0.43||$0.48||$345.02 million||$345.59 million||View||Listen|
|3/1/2016||Q3||$0.54||$0.62||$347.52 million||$346.50 million||View||Listen|
|12/1/2015||Q2||$0.39||$0.41||$323.35 million||$325.02 million||View||N/A|
|9/1/2015||Q116||$0.30||$0.51||$323.22 million||$321.71 million||View||N/A|
|6/16/2015||Q415||$0.41||$0.56||$331.31 million||$332.39 million||View||N/A|
|3/3/2015||Q315||$0.69||$0.60||$358.83 million||$367.20 million||View||N/A|
|12/2/2014||Q215||$0.34||$0.36||$343.24 million||$333.28 million||View||N/A|
|8/26/2014||Q115||$0.10||$0.10||$328.61 million||$326.30 million||View||Listen|
|7/8/2014||Q115||$0.41||$0.61||$333.31 million||$326.40 million||View||N/A|
|3/4/2014||Q314||$0.57||$0.30||$350.54 million||$340.13 million||View||N/A|
|8/19/2013||Q1 2014||$0.57||$0.58||$333.49 million||$329.40 million||View||N/A|
|6/4/2013||Q4 2013||$0.64||$0.71||$331.41 million||$353.90 million||View||N/A|
|2/19/2013||Q3 2013||$0.55||$0.56||$434.21 million||$434.40 million||View||N/A|
|11/19/2012||Q312||$0.61||$0.53||$414.20 million||$410.90 million||View||N/A|
Earnings Estimates for Bob Evans Farms (NASDAQ:BOBE)
2017 EPS Consensus Estimate: $2.10
2018 EPS Consensus Estimate: $2.17
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Bob Evans Farms (NASDAQ:BOBE)
|Most Recent Dividend:||6/26/2017|
|Dividend Growth:||5.10% (3 Year Average)|
|Payout Ratio:||21.69% (Trailing 12 Months of Earnings) |
62.10% (Based on This Year's Estimates)
53.54% (Based on Next Year's Estimates)
|Track Record:||9 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Bob Evans Farms (NASDAQ BOBE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Bob Evans Farms (NASDAQ:BOBE)
Insider Ownership Percentage: 1.20%Insider Trades by Quarter for Bob Evans Farms (NASDAQ:BOBE)
Institutional Ownership Percentage: 81.68%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/22/2017||Thomas Alan Ashworth||SVP||Sell||7,100||$70.70||$501,970.00|| |
|1/4/2016||Kevin M Sheehan||Director||Buy||5,000||$38.03||$190,150.00|| |
|9/4/2015||Mark E Hood||CFO||Buy||2,200||$44.72||$98,384.00|| |
|6/26/2015||Scott C Taggart||VP||Sell||1,000||$51.70||$51,700.00|| |
|6/24/2015||Thomas Alan Ashworth||SVP||Sell||1,805||$51.00||$92,055.00|| |
|3/11/2015||Larry S Mcwilliams||Director||Buy||2,145||$46.29||$99,292.05|| |
|3/6/2015||Douglas N Benham||Director||Buy||3,500||$46.79||$163,765.00|| |
|3/6/2015||Mark E Hood||CFO||Buy||2,500||$47.13||$117,825.00|| |
|9/8/2014||Mark E Hood||CFO||Buy||3,500||$44.43||$155,505.00|| |
|9/5/2014||Michael Feder Weinstein||Director||Buy||2,000||$43.94||$87,880.00|| |
|9/4/2014||Charles M Elson||Director||Buy||2,300||$43.50||$100,050.00|| |
|9/2/2014||Steven A Davis||CEO||Buy||15,000||$43.12||$646,800.00|| |
|8/29/2014||G Robert Lucas||Director||Sell||5,070||$43.56||$220,849.20|| |
|8/29/2014||Thomas Alan Ashworth||VP||Sell||1,600||$43.43||$69,488.00|| |
|3/17/2014||Randall Hicks||Insider||Sell||5,003||$49.76||$248,949.28|| |
|3/11/2014||E Ingram III||Director||Sell||2,153||$50.22||$108,123.66|| |
|9/25/2013||G Robert Lucas||Director||Sell||2,153||$57.96||$124,787.88|| |
|9/25/2013||J Michael Townsley||Insider||Sell||28,487||$57.87||$1,648,542.69|| |
|9/12/2013||Harvey Brownlee, Jr.||Insider||Sell||2,131||$52.77||$112,452.87|| |
|9/10/2013||Randall J Hicks||Insider||Sell||13,764||$52.60||$723,986.40|| |
|9/4/2013||Harvey Brownlee Jr||Insider||Sell||8,624||$49.79||$429,388.96|| |
|8/22/2013||G Robert Lucas||Director||Sell||2,564||$52.46||$134,507.44|| |
|6/27/2013||J Michael Townsley||Insider||Sell||6,984||$47.14||$329,225.76|| |
|6/10/2013||Randall J Hicks||Insider||Sell||20,163||$48.01||$968,025.63|| |
Headline Trends for Bob Evans Farms (NASDAQ:BOBE)
Latest Headlines for Bob Evans Farms (NASDAQ:BOBE)
|Maxim Group Cuts Bob Evans Farms, Inc. (BOBE) Price Target to $77.00|
www.americanbankingnews.com - August 18 at 8:12 AM
|Buffalo Wild Wings (BWLD) and Bob Evans Farms (BOBE) Head to Head Survey|
www.americanbankingnews.com - August 17 at 6:28 AM
|Bob Evans Farms Announces First Quarter Fiscal Year 2018 Earnings Release and Conference Call Details - GlobeNewswire (press release)|
globenewswire.com - August 17 at 3:14 AM
|Bob Evans Farms Announces First Quarter Fiscal Year 2018 Earnings Release and Conference Call Details|
finance.yahoo.com - August 16 at 5:11 PM
|Bob Evans Farms, Inc. (BOBE) Stock Rating Upgraded by Zacks Investment Research|
www.americanbankingnews.com - August 16 at 5:04 PM
|Bob Evans Farms, Inc. (NASDAQ:BOBE) Sees Large Increase in Short Interest|
www.americanbankingnews.com - August 13 at 1:46 AM
|$102.29 Million in Sales Expected for Bob Evans Farms, Inc. (NASDAQ:BOBE) This Quarter|
www.americanbankingnews.com - August 12 at 5:38 AM
|Bob Evans Farms, Inc. (BOBE) Receives Consensus Rating of "Hold" from Analysts|
www.americanbankingnews.com - August 11 at 11:32 PM
|Head-To-Head Survey: Bob Evans Farms (BOBE) versus Ruth's Hospitality Group (RUTH)|
www.americanbankingnews.com - August 7 at 10:08 PM
|Analyzing Bob Evans Farms (NASDAQ:BOBE) and Famous Dave's of America (DAVE)|
www.americanbankingnews.com - August 4 at 6:28 PM
|Bob Evans Farms, Inc. (NASDAQ:BOBE) Upgraded at Zacks Investment Research|
www.americanbankingnews.com - August 4 at 5:26 PM
|Short Interest in Bob Evans Farms, Inc. (BOBE) Declines By 22.8%|
www.americanbankingnews.com - July 30 at 7:03 AM
|Barnes & Noble stock jumps 17% after investor urges it to go private - MarketWatch|
www.marketwatch.com - July 25 at 4:30 PM
|Head-To-Head Analysis: Ruth's Hospitality Group (RUTH) and Bob Evans Farms (NASDAQ:BOBE)|
www.americanbankingnews.com - July 25 at 8:47 AM
|ETFs with exposure to Bob Evans Farms, Inc. : July 24, 2017|
finance.yahoo.com - July 24 at 3:59 PM
|$0.35 EPS Expected for Bob Evans Farms, Inc. (NASDAQ:BOBE) This Quarter|
www.americanbankingnews.com - July 21 at 2:20 PM
|Comparing Texas Roadhouse (TXRH) & Bob Evans Farms (NASDAQ:BOBE)|
www.americanbankingnews.com - July 20 at 6:26 PM
|Benzinga's Top Upgrades, Downgrades For July 19, 2017 - Benzinga|
www.benzinga.com - July 19 at 10:52 PM
|Shark Tank's Daymond John on why military veterans make excellent CEOs|
finance.yahoo.com - July 19 at 5:51 PM
|Berenberg Bank Begins Coverage on Bob Evans Farms, Inc. (NASDAQ:BOBE)|
www.americanbankingnews.com - July 19 at 9:56 AM
|Bob Evans Farms, Inc. (BOBE) Receives Average Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - July 17 at 11:14 PM
|Potbelly's Chances of a Sale Increase as Activist Hovers - TheStreet.com|
www.thestreet.com - July 14 at 6:35 PM
|ETFs with exposure to Bob Evans Farms, Inc. : July 13, 2017|
finance.yahoo.com - July 13 at 5:43 PM
|Bob Evans Farms, Inc. breached its 50 day moving average in a Bullish Manner : BOBE-US : July 10, 2017|
finance.yahoo.com - July 10 at 4:43 PM
|Bob Evans Farms Target of Unusually Large Options Trading (NASDAQ:BOBE)|
www.americanbankingnews.com - July 9 at 7:02 AM
|Maxim Group sees upside for 13 restaurant stocks - Seeking Alpha|
seekingalpha.com - July 5 at 10:25 PM
|Earnings Review and Free Research Report: Bob Evans Farms Registered Better-Than-Expected Quarterly EPS|
finance.yahoo.com - June 30 at 4:43 PM
|Oppenheimer Holdings Weighs in on Bob Evans Farms, Inc.'s FY2018 Earnings (BOBE)|
www.americanbankingnews.com - June 29 at 11:36 AM
|$102.29 Million in Sales Expected for Bob Evans Farms, Inc. (BOBE) This Quarter|
www.americanbankingnews.com - June 29 at 11:28 AM
|Bob Evans Made Enough Bacon for This Investor, So I'm Out|
finance.yahoo.com - June 28 at 4:43 PM
|Equities Analysts Set Expectations for Bob Evans Farms, Inc.'s Q1 2018 Earnings (BOBE)|
www.americanbankingnews.com - June 28 at 8:48 AM
|Bob Evans Farms, Inc. (BOBE) Upgraded by Zacks Investment Research to "Hold"|
www.americanbankingnews.com - June 27 at 4:44 PM
|Bob Evans Farms, Inc. (BOBE) SVP Sells $501,970.00 in Stock|
www.americanbankingnews.com - June 26 at 7:39 PM
|Earnings Highlights and Review: Dave & Buster's Revenue Jumped 16%; EPS Climbed 36%|
finance.yahoo.com - June 26 at 4:37 PM
|ETFs with exposure to Bob Evans Farms, Inc. : June 26, 2017|
finance.yahoo.com - June 26 at 4:37 PM
|Bob Evans Farms, Inc. :BOBE-US: Earnings Analysis: Q4, 2017 By the Numbers : June 22, 2017|
finance.yahoo.com - June 22 at 11:36 AM
|Bob Evans Farms, Inc. (BOBE) Receives Consensus Rating of "Hold" from Brokerages|
www.americanbankingnews.com - June 20 at 8:44 PM
|Bob Evans Farms, Inc. (BOBE) Price Target Increased to $80.00 by Analysts at Maxim Group|
www.americanbankingnews.com - June 18 at 4:58 PM
|Bob Evans shares rise after earnings beat estimates - MarketWatch|
www.marketwatch.com - June 16 at 9:46 PM
|Bob Evans Farms, Inc. 2017 Q1 - Results - Earnings Call Slides|
seekingalpha.com - June 16 at 3:52 AM
|Edited Transcript of BOBE earnings conference call or presentation 15-Jun-17 12:30pm GMT|
finance.yahoo.com - June 15 at 10:48 PM
|Bob Evans Stock Price Dips on Q4 Earnings|
www.baystreet.ca - June 15 at 5:46 PM
|Bob Evans Farms' (BOBE) CEO Michael Townsley on Q4 2017 Results - Earnings Call Transcript|
seekingalpha.com - June 15 at 5:46 PM
|Bob Evans Reports Fourth Quarter and Fiscal Year 2017 Results|
finance.yahoo.com - June 15 at 5:46 PM
|Bob Evans shares rise after earnings beat estimates|
finance.yahoo.com - June 15 at 5:46 PM
|Investor Network: Bob Evans Farms, Inc. to Host Earnings Call|
finance.yahoo.com - June 15 at 5:46 PM
|Bob Evans posts 4Q profit|
finance.yahoo.com - June 15 at 5:46 PM
|Bob Evans Farms, Inc. (BOBE) Releases Earnings Results, Beats Expectations By $0.19 EPS|
www.americanbankingnews.com - June 15 at 8:50 AM
|Bob Evans Farms Begins To Streamline|
feeds.benzinga.com - June 14 at 3:25 PM
|Finisar, Bob Evans, 3 Others Could Squeeze Bears on Earnings - TheStreet.com|
www.thestreet.com - June 13 at 9:55 PM
Bob Evans Farms (BOBE) Chart for Sunday, August, 20, 2017