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
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
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 announced a quarterly dividend on Friday, February 9th. Stockholders of record on Thursday, February 22nd will be given 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) announced its earnings results on Tuesday, November, 7th. The company reported $0.33 earnings per share for the quarter, missing analysts' consensus estimates of $0.35 by $0.02. The company had revenue of $564.20 million for the quarter, compared to the consensus estimate of $559.86 million. Snyder's-Lance had a net margin of 6.68% and a return on equity of 5.53%. The company's revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.35 earnings per share. View Snyder's-Lance's Earnings History.
What price target have analysts set for LNCE?
6 analysts have issued 12-month target prices for Snyder's-Lance's shares. 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 twelve months. 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?
Headlines about LNCE stock have been trending somewhat positive recently, according to Accern. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Snyder's-Lance earned a media sentiment score of 0.13 on Accern's scale. They also gave news articles about the company an impact score of 44.16 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
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 (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.
