Flowers Foods, Inc. (FLO) is destined for greater heights as its last quarter sales were 1,129 M

On Tuesday, Flowers Foods, Inc. (NYSE: FLO) was -0.47% down from the session before settling in for the closing price of $23.63. A 52-week range for FLO has been $19.64 – $29.10.

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A company in the Consumer Defensive sector has jumped its sales by 5.27% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 2.68%. With a float of $194.18 million, this company’s outstanding shares have now reached $210.42 million.

In an organization with 9300 employees, it is important to assess its efficiency.

Flowers Foods, Inc. (FLO) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Flowers Foods, Inc. stocks. The insider ownership of Flowers Foods, Inc. is 7.78%, while institutional ownership is 76.43%. The most recent insider transaction that took place on Mar 11 ’24, was worth 845,162. In this transaction Chief Growth Officer of this company sold 36,577 shares at a rate of $23.11, taking the stock ownership to the 42,740 shares. Before that another transaction happened on Dec 20 ’23, when Company’s Chief Financial Officer & CAO bought 1,780 for $22.46, making the entire transaction worth $39,982. This insider now owns 399,520 shares in total.

Flowers Foods, Inc. (FLO) Performance Highlights and Predictions

Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted $0.2 earnings per share (EPS) during the time that was less than consensus figure (set at $0.21) by -$0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.32 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 2.68% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.23% during the next five years compared to -4.88% drop over the previous five years of trading.

Flowers Foods, Inc. (NYSE: FLO) Trading Performance Indicators

You can see what Flowers Foods, Inc. (FLO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.97. Likewise, its price to free cash flow for the trailing twelve months is 22.54.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.58, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 1.31 in one year’s time.

Technical Analysis of Flowers Foods, Inc. (FLO)

Let’s dig in a bit further. During the last 5-days, its volume was 1.17 million. That was inferior than the volume of 1.19 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 76.31%. Additionally, its Average True Range was 0.33.

During the past 100 days, Flowers Foods, Inc.’s (FLO) raw stochastic average was set at 91.19%, which indicates a significant increase from 75.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.56% in the past 14 days, which was lower than the 22.20% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $22.88, while its 200-day Moving Average is $22.88. However, in the short run, Flowers Foods, Inc.’s stock first resistance to watch stands at $23.67. Second resistance stands at $23.81. The third major resistance level sits at $23.90. If the price goes on to break the first support level at $23.44, it is likely to go to the next support level at $23.35. Assuming the price breaks the second support level, the third support level stands at $23.21.

Flowers Foods, Inc. (NYSE: FLO) Key Stats

There are 210,567K outstanding shares of the company, which has a market capitalization of 4.95 billion. As of now, sales total 5,091 M while income totals 123,420 K. Its latest quarter income was 1,129 M while its last quarter net income were 35,680 K.