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NASDAQ:FARM

Farmer Bros. (FARM) Stock Price, News & Analysis

$2.98
+0.18 (+6.43%)
(As of 06/17/2024 ET)
Today's Range
$2.85
$3.10
50-Day Range
$2.77
$3.41
52-Week Range
$1.80
$4.04
Volume
192,198 shs
Average Volume
42,810 shs
Market Capitalization
$63.35 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.00

Farmer Bros. MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
101.3% Upside
$6.00 Price Target
Short Interest
Healthy
0.34% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.75
Upright™ Environmental Score
News Sentiment
0.97mentions of Farmer Bros. in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.66) to ($0.47) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.18 out of 5 stars

Retail/Wholesale Sector

55th out of 192 stocks

Miscellaneous Food Preparations & Kindred Products Industry

1st out of 4 stocks

FARM stock logo

About Farmer Bros. Stock (NASDAQ:FARM)

Farmer Bros. Co. engages in the roasting, wholesale, equipment servicing, and distribution of coffee, tea, and other allied products in the United States. The company offers roast and ground coffee; frozen liquid coffee; flavoured and unflavoured iced and hot teas; culinary products, including spices, pancake and biscuit mixes, gravy and sauce mixes, soup bases, dressings, and syrups and sauces, as well as coffee filters, cups, sugar, and creamers; and other beverages comprising cappuccino, cocoa, granitas, and other blender-based beverages and concentrated and ready-to-drink cold brew and iced coffee. It also engage installation, repair, and refurbishment services for an array of coffee, tea, and juice equipment. The company serves small independent restaurants, foodservice operators, and large institutional buyers and national account customers. The company distributes its products through direct-store-delivery network, and common carriers or third-party distributors, as well as website. The company was founded in 1912 and is headquartered in Northlake, Texas.

FARM Stock Price History

FARM Stock News Headlines

Farmer Brothers Names Vance Fisher Finance Chief
Q3 2024 Farmer Bros Co Earnings Call
Farmer Brothers earnings preview: what Wall Street is expecting
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
6/18/2024
Fiscal Year End
6/30/2024
Next Earnings (Estimated)
9/10/2024

Industry, Sector and Symbol

Industry
Miscellaneous food preparations & kindred products
Sub-Industry
Packaged Foods & Meats
Current Symbol
NASDAQ:FARM
CUSIP
30767510
Employees
993
Year Founded
1912

Price Target and Rating

Average Stock Price Target
$6.00
High Stock Price Target
$6.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+101.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-79,180,000.00
Pretax Margin
-4.83%

Debt

Sales & Book Value

Annual Sales
$339.96 million
Book Value
$1.90 per share

Miscellaneous

Free Float
20,413,000
Market Cap
$63.35 million
Optionable
Optionable
Beta
1.77

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Key Executives

  • Mr. Jared G. Vitemb (Age 41)
    VP, General Counsel, Secretary & Chief Compliance Officer
    Comp: $327.72k
  • Mr. John E. Moore III (Age 53)
    CEO, President & Director
  • Mr. Brad Bollner (Age 52)
    Interim Chief Finance Officer
  • Mr. Matthew Coffman (Age 44)
    VP, Principal Accounting Officer & Controller
  • Jennifer Milan
    Investor Relations
  • Mr. Thomas E. Bauer (Age 59)
    VP & Chief Commercial Officer

FARM Stock Analysis - Frequently Asked Questions

Should I buy or sell Farmer Bros. stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Farmer Bros. in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" FARM shares.
View FARM analyst ratings
or view top-rated stocks.

What is Farmer Bros.'s stock price target for 2024?

1 Wall Street analysts have issued 12 month price targets for Farmer Bros.'s shares. Their FARM share price targets range from $6.00 to $6.00. On average, they expect the company's stock price to reach $6.00 in the next twelve months. This suggests a possible upside of 101.3% from the stock's current price.
View analysts price targets for FARM
or view top-rated stocks among Wall Street analysts.

How have FARM shares performed in 2024?

Farmer Bros.'s stock was trading at $3.06 on January 1st, 2024. Since then, FARM stock has decreased by 2.6% and is now trading at $2.98.
View the best growth stocks for 2024 here
.

Are investors shorting Farmer Bros.?

Farmer Bros. saw a decline in short interest in the month of May. As of May 31st, there was short interest totaling 57,400 shares, a decline of 20.7% from the May 15th total of 72,400 shares. Based on an average daily trading volume, of 49,100 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.3% of the shares of the stock are short sold.
View Farmer Bros.'s Short Interest
.

When is Farmer Bros.'s next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, September 10th 2024.
View our FARM earnings forecast
.

How were Farmer Bros.'s earnings last quarter?

Farmer Bros. Co. (NASDAQ:FARM) announced its quarterly earnings results on Thursday, May, 9th. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.16) by $0.01. The firm earned $85.36 million during the quarter, compared to the consensus estimate of $88.50 million. Farmer Bros. had a negative trailing twelve-month return on equity of 58.82% and a negative net margin of 13.46%. During the same quarter last year, the business earned ($0.57) earnings per share.

What is Deverl Maserang's approval rating as Farmer Bros.'s CEO?

8 employees have rated Farmer Bros. Chief Executive Officer Deverl Maserang on Glassdoor.com. Deverl Maserang has an approval rating of 48% among the company's employees. This puts Deverl Maserang in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Farmer Bros. own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Farmer Bros. investors own include Coffee (JVA), Sonos (SONO), Diversified Healthcare Trust (DHC), Carnival Co. & (CCL), CVS Health (CVS), General Electric (GE), General Mills (GIS), Altria Group (MO), AT&T (T) and Verizon Communications (VZ).

Who are Farmer Bros.'s major shareholders?

Farmer Bros.'s stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (3.91%), Ridgewood Investments LLC (0.44%) and Sanders Morris Harris LLC (0.33%). Insiders that own company stock include Alfred Poe, Bradley Louis Radoff, Christopher P Mottern, D Deverl Maserang II, David Pace, Maurice SJ Moragne, Ruben E Inofuentes and Scott Ray Drake.
View institutional ownership trends
.

How do I buy shares of Farmer Bros.?

Shares of FARM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FARM) was last updated on 6/18/2024 by MarketBeat.com Staff

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