Analyst Ratings for Flowers Foods Inc. (FLO)Updated: 2017-07-26
Analysts covering Flowers Foods Inc. (NYSE:FLO) have given it a consensus rating of Overweight. About 30 days ago, FLO was issued an average rating of Overweight.
Of the 8 analysts covering the stock, 3 gave it a buy rating, 0 gave an overweight rating, 5 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 3 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for FLO. The most optimistic price target was 23, implying a possible profit of 29.65 percent. The lowest price target was 17, which equates to a potential downside of -4.17 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.08 percent. The average change in earnings estimates over the last 90 days is -6.08 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.12 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts made negative revisions to their fiscal year's estimates.
FLO has an estimated earnings growth rate of 12.57 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of FLO is 1.81.
FLO has a 52-week high of 21.00 and a 52-week low of 14.35. Currently the stock is 23.62 percent higher than its low, and below the high by 15.52 percent. FLO has a price/earnings ratio of 22.74. Investors typically compare the P/E ratio to a company's peers in the industry. The FLO value stock report compares FLO to some of its peers using value stock charts. The stock has a market capitalization of $3.78 billion. FLO's next earnings release will be on 0000-00-00, which is days away.