$1.18M in average volume shows that Flowers Foods, Inc (FLO) is heading in the right direction

On Friday, Flowers Foods, Inc (NYSE: FLO) opened lower -0.09% from the last session, before settling in for the closing price of $21.23. Price fluctuations for FLO have ranged from $21.19 to $26.12 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 5.27%. Company’s average yearly earnings per share was noted 5.72% at the time writing. With a float of $194.79 million, this company’s outstanding shares have now reached $210.60 million.

Considering the fact that the conglomerate employs 9300 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 46.93%, operating margin of 7.13%, and the pretax margin is 6.21%.

Flowers Foods, Inc (FLO) Insider Activity

A key investor’s attitude towards the stock of the Packaged Foods industry is another important factor to consider. The insider ownership of Flowers Foods, Inc is 7.51%, while institutional ownership is 69.93%. The most recent insider transaction that took place on Apr 02 ’24, was worth 117,750. In this transaction Director of this company bought 5,000 shares at a rate of $23.55, taking the stock ownership to the 20,330 shares. Before that another transaction happened on Mar 11 ’24, when Company’s Chief Growth Officer sold 36,577 for $23.11, making the entire transaction worth $845,162. This insider now owns 42,740 shares in total.

Flowers Foods, Inc (FLO) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.39 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 5.72% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.16% 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

Check out the current performance indicators for Flowers Foods, Inc (FLO). In the past quarter, the stock posted a quick ratio of 0.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.87. Likewise, its price to free cash flow for the trailing twelve months is 17.46.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.13, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 1.31 in one year’s time.

Technical Analysis of Flowers Foods, Inc (FLO)

Compared to the last year’s volume of 1.2 million, its volume of 1.7 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 6.41%. Additionally, its Average True Range was 0.40.

During the past 100 days, Flowers Foods, Inc’s (FLO) raw stochastic average was set at 8.75%, which indicates a significant decrease from 12.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.19% in the past 14 days, which was lower than the 17.51% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $22.26, while its 200-day Moving Average is $22.92. Nevertheless, the first resistance level for the watch stands at $21.43 in the near term. At $21.66, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.90. If the price goes on to break the first support level at $20.97, it is likely to go to the next support level at $20.73. Should the price break the second support level, the third support level stands at $20.50.

Flowers Foods, Inc (NYSE: FLO) Key Stats

There are currently 210,598K shares outstanding in the company with a market cap of 4.46 billion. Presently, the company’s annual sales total 5,091 M according to its annual income of 123,420 K. Last quarter, the company’s sales amounted to 1,191 M and its income totaled 64,980 K.