NYSE:FLO - Flowers Foods Stock Price, News, & Analysis

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$19.05 -0.14 (-0.73 %)
(As of 12/10/2018 04:00 PM ET)
Previous Close$19.19
Today's Range$18.86 - $19.24
52-Week Range$18.12 - $22.82
Volume1.30 million shs
Average Volume1.36 million shs
Market Capitalization$4.05 billion
P/E Ratio21.42
Dividend Yield3.72%
Beta0.37
Flowers Foods, Inc. produces and markets bakery products in the United States. It operates through two segments, Direct-Store-Delivery (DSD) and Warehouse Delivery. The DSD segment produces and markets fresh breads, buns, rolls, tortillas, and snack cakes. This segment offers its products primarily under the Nature's Own, Wonder, Cobblestone Bread Company, Tastykake, and Dave's Killer Bread brand names. It operates 39 bakeries, as well as sells its products through a network of independent distributors to retail and foodservice customers. The Warehouse Delivery segment produces snack cakes, frozen breads, and rolls for national retail, foodservice, vending, and co-pack customers through a network of warehouse channels. This segment markets its products under the Mrs. Freshley's, Alpine Valley Bread, and European Bakers brand names. It also sells products under franchised and licensed trademarks and trade names, such as Sunbeam, Bunny, and Sara Lee. The company was formerly known as Flowers Industries and changed its name to Flowers Foods, Inc. in 2001. Flowers Foods, Inc. was founded in 1919 and is headquartered in Thomasville, Georgia.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Food & kindred products
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
Current SymbolNYSE:FLO
Previous Symbol
CUSIP34349810
Phone229-226-9110

Debt

Debt-to-Equity Ratio0.64
Current Ratio1.42
Quick Ratio1.12

Price-To-Earnings

Trailing P/E Ratio21.42
Forward P/E Ratio20.48
P/E Growth2.3

Sales & Book Value

Annual Sales$3.92 billion
Price / Sales1.02
Cash Flow$1.5809 per share
Price / Cash Flow12.05
Book Value$5.97 per share
Price / Book3.19

Profitability

EPS (Most Recent Fiscal Year)$0.89
Net Income$150.12 million
Net Margins5.45%
Return on Equity15.61%
Return on Assets7.44%

Miscellaneous

Employees9,800
Outstanding Shares210,900,000
Market Cap$4.05 billion
OptionableOptionable

Flowers Foods (NYSE:FLO) Frequently Asked Questions

What is Flowers Foods' stock symbol?

Flowers Foods trades on the New York Stock Exchange (NYSE) under the ticker symbol "FLO."

How often does Flowers Foods pay dividends? What is the dividend yield for Flowers Foods?

Flowers Foods announced a quarterly dividend on Friday, November 16th. Shareholders of record on Friday, November 30th will be paid a dividend of $0.18 per share on Friday, December 14th. This represents a $0.72 annualized dividend and a dividend yield of 3.78%. The ex-dividend date of this dividend is Thursday, November 29th. View Flowers Foods' Dividend History.

How were Flowers Foods' earnings last quarter?

Flowers Foods, Inc. (NYSE:FLO) posted its earnings results on Wednesday, November, 7th. The company reported $0.23 EPS for the quarter, missing the Zacks' consensus estimate of $0.25 by $0.02. The company earned $923.45 million during the quarter, compared to the consensus estimate of $931.87 million. Flowers Foods had a return on equity of 15.61% and a net margin of 5.45%. Flowers Foods's revenue was down 1.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.23 earnings per share. View Flowers Foods' Earnings History.

When is Flowers Foods' next earnings date?

Flowers Foods is scheduled to release their next quarterly earnings announcement on Wednesday, February 6th 2019. View Earnings Estimates for Flowers Foods.

What guidance has Flowers Foods issued on next quarter's earnings?

Flowers Foods issued an update on its FY18 earnings guidance on Wednesday, November, 7th. The company provided earnings per share guidance of $0.90-0.95 for the period, compared to the Thomson Reuters consensus estimate of $1.01. The company issued revenue guidance of $3.921-3.982 billion, compared to the consensus revenue estimate of $3.96 billion.

What price target have analysts set for FLO?

9 Wall Street analysts have issued 12 month price objectives for Flowers Foods' stock. Their forecasts range from $16.00 to $25.00. On average, they expect Flowers Foods' stock price to reach $20.1429 in the next twelve months. This suggests a possible upside of 5.7% from the stock's current price. View Analyst Price Targets for Flowers Foods.

What is the consensus analysts' recommendation for Flowers Foods?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Flowers Foods in the last year. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Flowers Foods.

What are Wall Street analysts saying about Flowers Foods stock?

Here are some recent quotes from research analysts about Flowers Foods stock:
  • 1. According to Zacks Investment Research, "Flowers Foods has lagged the industry in the past six months, as the company has been witnessing soft margins, and higher materials, supplies, labor and other production costs. These factors lingered in second-quarter 2018, and also led to a trimmed earnings view. Second-quarter earnings were impacted by weak margins due to increased promotions as well as cost inflation of commodities, transportation and labor. Moreover, results were hit by operational hurdles related to inferior yeast received from a supplier. Nonetheless, management remains focused on alleviating its cost hurdles through its supply-chain optimization plan. To this end, the company is on track with Project Centennial, which is expected to generate gross savings of $38-$48 million in 2018. Focus on buyouts remains a major driver. Evidently, strength in DKB helped drive Flowers’ Foods’ market share in the second quarter, which aided top-line growth." (11/13/2018)
  • 2. Jefferies Financial Group Inc analysts commented, "2Q operating results missed our/Street estimates by 17% & 16%, respectively, owing to execution issues & cost headwinds." (8/10/2018)
  • 3. Pivotal Research analysts commented, "We are reducing estimates and our price target goes to $24, down from $26. Our 2018 estimate goes to $1.04 down from $1.15; our 2019 estimate goes to $1.13 down from $1.30. We have confidence that the company can improve its EBIT margin but from a lower base in 2018 on labor and input cost pressures. We believe the company will be aggressive in buying back shares or will complete a meaningful bolt-on acquisition in 2018 which would further leverage returns. Neither of these positive outcomes are discounted in company guidance. The dividend is 3.6% is attractive." (8/9/2018)

Has Flowers Foods been receiving favorable news coverage?

Media stories about FLO stock have been trending somewhat positive recently, according to InfoTrie. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Flowers Foods earned a daily sentiment score of 1.9 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an effect on the company's share price in the next several days.

Are investors shorting Flowers Foods?

Flowers Foods saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 11,789,596 shares, an increase of 49.5% from the October 31st total of 7,885,584 shares. Based on an average daily trading volume, of 2,834,487 shares, the short-interest ratio is presently 4.2 days. Currently, 6.4% of the shares of the stock are short sold. View Flowers Foods' Current Options Chain.

Who are some of Flowers Foods' key competitors?

Who are Flowers Foods' key executives?

Flowers Foods' management team includes the folowing people:
  • Mr. Allen L. Shiver, Pres, CEO & Director (Age 62)
  • Mr. R. Steven Kinsey, CFO & Chief Admin. Officer (Age 57)
  • Mr. Stephen R. Avera, Chief Legal Counsel (Age 62)
  • Mr. David Keith Wheeler, Chief Sales Officer (Age 55)
  • Mr. Bradley K. Alexander, Pres of the Fresh Packaged Bread Bus. Unit (Age 59)

Who are Flowers Foods' major shareholders?

Flowers Foods' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.71%), BlackRock Inc. (7.56%), Diamond Hill Capital Management Inc. (1.63%), Hamlin Capital Management LLC (1.60%), Renaissance Technologies LLC (1.54%) and Bank of New York Mellon Corp (1.26%). Company insiders that own Flowers Foods stock include Allen L Shiver, Amos R Mcmullian, Brad K Alexander, David Keith Wheeler, David M Roach, Karyl H Lauder, Marta Jones Turner, R Steve Kinsey, Robert L Benton Jr, Stephen R Avera and Tonja W Taylor. View Institutional Ownership Trends for Flowers Foods.

Which major investors are selling Flowers Foods stock?

FLO stock was sold by a variety of institutional investors in the last quarter, including Advisory Research Inc., Prudential Financial Inc., Comerica Bank, Deprince Race & Zollo Inc., BlueMountain Capital Management LLC, Advisors Asset Management Inc., Hsbc Holdings PLC and SG Americas Securities LLC. View Insider Buying and Selling for Flowers Foods.

Which major investors are buying Flowers Foods stock?

FLO stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Morgan Stanley, Vanguard Group Inc., Panagora Asset Management Inc., Mirae Asset Global Investments Co. Ltd., AQR Capital Management LLC, BTIM Corp. and Wells Fargo & Company MN. View Insider Buying and Selling for Flowers Foods.

How do I buy shares of Flowers Foods?

Shares of FLO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Flowers Foods' stock price today?

One share of FLO stock can currently be purchased for approximately $19.05.

How big of a company is Flowers Foods?

Flowers Foods has a market capitalization of $4.05 billion and generates $3.92 billion in revenue each year. The company earns $150.12 million in net income (profit) each year or $0.89 on an earnings per share basis. Flowers Foods employs 9,800 workers across the globe.

What is Flowers Foods' official website?

The official website for Flowers Foods is http://www.flowersfoods.com.

How can I contact Flowers Foods?

Flowers Foods' mailing address is 1919 FLOWERS CIRCLE, THOMASVILLE GA, 31757. The company can be reached via phone at 229-226-9110.


MarketBeat Community Rating for Flowers Foods (NYSE FLO)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  387 (Vote Outperform)
Underperform Votes:  472 (Vote Underperform)
Total Votes:  859
MarketBeat's community ratings are surveys of what our community members think about Flowers Foods and other stocks. Vote "Outperform" if you believe FLO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FLO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/10/2018 by MarketBeat.com Staff

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