Flowers Foods(FLO)

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Why Flowers Foods (FLO) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-09-25 14:55
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Score ...
Flowers Foods Stock at a 0.96X P/S Multiple: Is Now the Time to Buy?
ZACKS· 2024-09-18 15:50
Flowers Foods, Inc. (FLO) is currently trading at an attractive valuation, considering its price-to-sales (P/S) multiple, which is significantly lower than both the Zacks Food – Miscellaneous industry and the broader Consumer Staples sector. FLO's forward 12-month P/S ratio is 0.96, lower than the industry average of 1.48 and the sector average of 8.53. Image Source: Zacks Investment Research This discrepancy in valuation suggests that the stock may be undervalued relative to its peers, presenting a compell ...
4 Food Stocks Positioned for Success as Industry Prospects Shine
ZACKS· 2024-09-04 14:26
Companies within the Zacks Food-Miscellaneous industry have capitalized on product innovation and portfolio enhancement to align with shifting consumer preferences. Strong pricing strategies have also been instrumental in helping these food companies mitigate the impact of cost inflation. Although the dynamic consumer landscape has pressured volumes, these companies have implemented strategies to navigate these challenges, such as value-based marketing and promotional campaigns. These strengths position The ...
FLOWERS FOODS TO PARTICIPATE AT THE BARCLAYS GLOBAL CONSUMER STAPLES CONFERENCE
Prnewswire· 2024-09-03 13:00
THOMASVILLE, Ga., Sep. 3, 2024 /PRNewswire/ -- Ryals McMullian, chairman and chief executive officer, and Steve Kinsey, chief financial officer and chief accounting officer, of Flowers Foods, Inc. (NYSE: FLO) will participate in a fireside chat at the Barclays Global Consumer Staples Conference on Thursday, September 5, 2024 at 10:30 a.m. ET. The live audio webcast may be accessed at investors.flowersfoods.com/events-and-presentations. Following the conference, the webcast will be available for replay. Abou ...
Flowers Foods' Q2 Earnings: Is Now the Right Time to Invest?
MarketBeat· 2024-08-22 11:30
Flowers Foods Today FLO Flowers Foods $23.08 -0.06 (-0.26%) 52-Week Range $19.64 ▼ $26.12 Dividend Yield 4.16% P/E Ratio 39.12 Price Target $22.75 Add to Watchlist Packaged bakery goods maker Flowers Foods Inc. NYSE: FLO reported mixed results for the second quarter as revenue fell by under 1% to $1.2 billion, failing to meet analyst predictions, and adjusted diluted earnings per share of 36 cents beat consensus estimates by 3 cents. The company's move in recent months to highlight its branded products in t ...
All You Need to Know About Flowers Foods (FLO) Rating Upgrade to Buy
ZACKS· 2024-08-21 17:02
Core Viewpoint - Flowers Foods (FLO) has been upgraded to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the importance of changing earnings estimates in determining stock price movements, with a strong correlation between earnings estimate revisions and near-term stock performance [4][6]. - For the fiscal year ending December 2024, Flowers Foods is expected to earn $1.25 per share, reflecting a 4.2% increase from the previous year, with a 0.6% rise in the Zacks Consensus Estimate over the past three months [8]. Investment Implications - The upgrade indicates a positive outlook for Flowers Foods' earnings, which could lead to increased buying pressure and a rise in stock price [3][5]. - The Zacks Rank system, which categorizes stocks based on earnings estimates, has a proven track record, with Zacks Rank 1 stocks averaging a +25% annual return since 1988, suggesting that Flowers Foods' upgrade positions it for potential market-beating returns [7][10].
Here's Why Flowers Foods (FLO) is a Strong Value Stock
ZACKS· 2024-08-20 14:41
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium includes access to the Zacks Style ...
Flowers Foods (FLO) Q2 Earnings Beat Estimates, Sales Down Y/Y
ZACKS· 2024-08-19 16:46
Flowers Foods, Inc. (FLO) reported mixed second-quarter fiscal 2024 results, with the top line missing the Zacks Consensus Estimate and declining year over year. The bottom line surpassed the consensus mark and increased from the year-ago quarter's reported level. Results gained from the successful execution of the company's strategic plan. FLO's brands exceeded performance expectations in the fresh packaged bread category, showing growth in tracked channels and achieving significant gains in unit and dolla ...
Flowers Foods (FLO) Surpasses Q2 Earnings Estimates
ZACKS· 2024-08-16 13:10
Flowers Foods (FLO) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this bakery goods company would post earnings of $0.40 per share when it actually produced earnings of $0.38, delivering a surprise of -5%. Over the last four quarters, the ...
Flowers Foods (FLO) Reports Next Week: What to Expect
ZACKS· 2024-08-09 15:00
The market expects Flowers Foods (FLO) to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be ...