Snyder's-Lance, Inc. is a snack food company. The Company is engaged in the manufacturing, distribution, marketing and sale of snack food products. Its products include pretzels, sandwich crackers, kettle cooked chips, pretzel crackers, cookies, potato chips, tortilla chips, restaurant style crackers, popcorn, nuts and other salty snacks. It owns various names for use with its Branded products, including Snyder's of Hanover; Lance; Cape Cod; Snack Factory Pretzel Crisps; Pop Secret; Emerald; Kettle Brand; KETTLE Chips, and Late July (collectively, Core brands). Its brands also include Metcalfe's skinny; Tom's; Archway; Jays; Stella D'oro; Eatsmart Snacks; Krunchers!, and O-Ke-Doke (collectively, Allied brands), as well as a range of other marks and designs. Its products are packaged in various single-serve, multi-pack, family-size and party-size configurations. It distributes snack food products throughout the United States using its direct-store-delivery distribution network.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry N/A
Sub-IndustryPackaged Foods & Meats
SectorN/A
SymbolNASDAQ:LNCE
CUSIP83355110
Phone704-554-1421
Debt
Debt-to-Equity Ratio0.51
Current Ratio1.61
Quick Ratio0.98
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E Ratio38.15
P/E Growth3.18
Sales & Book Value
Annual Sales$2.23 billion
Price / Sales2.21
Cash Flow$2.0816 per share
Price / Cash24.01
Book Value$20.80 per share
Price / Book2.40
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$148.49 million
Net Margins6.68%
Return on Equity5.53%
Return on Assets2.87%
Miscellaneous
Employees5,900
Outstanding Shares98,410,000
Market Cap$4.92 billion
Snyder's-Lance (NASDAQ:LNCE) Frequently Asked Questions
What is Snyder's-Lance's stock symbol?
Snyder's-Lance trades on the NASDAQ under the ticker symbol "LNCE."
How often does Snyder's-Lance pay dividends? What is the dividend yield for Snyder's-Lance?
Snyder's-Lance declared a quarterly dividend on Friday, February 9th. Investors of record on Thursday, February 22nd will be paid a dividend of $0.16 per share on Friday, March 2nd. This represents a $0.64 annualized dividend and a dividend yield of 1.28%. The ex-dividend date of this dividend is Wednesday, February 21st. View Snyder's-Lance's Dividend History.
How were Snyder's-Lance's earnings last quarter?
Snyder's-Lance Inc (NASDAQ:LNCE) issued its earnings results on Tuesday, November, 7th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $0.02. The firm earned $564.20 million during the quarter, compared to analysts' expectations of $559.86 million. Snyder's-Lance had a return on equity of 5.53% and a net margin of 6.68%. The business's revenue was up 3.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.35 EPS. View Snyder's-Lance's Earnings History.
What price target have analysts set for LNCE?
6 equities research analysts have issued 12-month target prices for Snyder's-Lance's stock. Their predictions range from $38.00 to $50.00. On average, they anticipate Snyder's-Lance's stock price to reach $47.3333 in the next year. This suggests that the stock has a possible downside of 5.3%. View Analyst Price Targets for Snyder's-Lance.
What is the consensus analysts' recommendation for Snyder's-Lance?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Snyder's-Lance in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Snyder's-Lance.
What are Wall Street analysts saying about Snyder's-Lance stock?
Here are some recent quotes from research analysts about Snyder's-Lance stock:
- 1. Jefferies Financial Group Inc analysts commented, "We are increasing our PT to $50 (in line with current price) but downgrading to Hold in light of LNCE’s pending acquisition by CPB. We believe the chance of a higher, alternative bid emerging is fairly remote given the transaction’s rich valuation (~21x TTM EBITDA) and don’t foresee any significant regulatory obstacles that could potentially derail the deal. We expect the deal to close in early CY 2Q18 as anticipated by mgmt." (2/6/2018)
- 2. According to Zacks Investment Research, "Synders-Lance Inc, formerly known as Lancer Inc, is engaged in the manufacture, market and distribution of a variety of branded and private label snack foods and bakery products. Products include branded sandwich crackers, sandwich cookies, restaurant crackers and bread basket items, candy, chips, meat snacks, nuts and private label cookies and crackers. Products are packaged as individual, single servings and as larger packages or multi-pack configurations and are distributed to grocery stores, convenience stores, vending machines, food service institutions, and through up and down the street outlets . " (11/10/2017)
Who are Snyder's-Lance's key executives?
Snyder's-Lance's management team includes the folowing people:
- James W. Johnston, Chairman of the Board (Age 70)
- Brian J. Driscoll, President, Chief Executive Officer (Age 58)
- Alexander W. Pease, Chief Financial Officer, Executive Vice President (Age 45)
- Andrea L. Frohning, Chief Human Resource Officer (Age 47)
- Gail Sharps Myers, Senior Vice President, General Counsel, Secretary (Age 47)
- Margaret E. Wicklund, Vice President, Principal Accounting Officer, Corporate Controller, Assistant Secretary (Age 56)
- Patricia A. Warehime, Director (Age 62)
- Jeffrey A. Atkins, Independent Director (Age 68)
- Peter P. Brubaker, Independent Director (Age 70)
- C. Peter Carlucci Jr., Independent Director (Age 73)
Has Snyder's-Lance been receiving favorable news coverage?
Media stories about LNCE stock have been trending positive on Sunday, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Snyder's-Lance earned a media and rumor sentiment score of 0.26 on Accern's scale. They also assigned headlines about the company an impact score of 47.62 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Snyder's-Lance.
What is Snyder's-Lance's stock price today?
One share of LNCE stock can currently be purchased for approximately $49.98.
How big of a company is Snyder's-Lance?
Snyder's-Lance has a market capitalization of $4.92 billion and generates $2.23 billion in revenue each year. Snyder's-Lance employs 5,900 workers across the globe.
How can I contact Snyder's-Lance?
Snyder's-Lance's mailing address is 13515 Ballantyne Corporate Place, Charlotte NC, 28277. The company can be reached via phone at 704-554-1421 or via email at [email protected]
MarketBeat Community Rating for Snyder's-Lance (NASDAQ LNCE)
MarketBeat's community ratings are surveys of what our community members think about Snyder's-Lance and other stocks. Vote "Outperform" if you believe LNCE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LNCE will underperform the S&P 500 over the long term. You may vote once every thirty days.
