Market Insight: Flowers Foods, Inc. (FLO)’s Notable Drop, Closing at 22.09

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In the latest session, Flowers Foods, Inc. (NYSE: FLO) closed at $22.09 down -2.52% from its previous closing price of $22.66. In other words, the price has decreased by -$2.52 from its previous closing price. On the day, 1.14 million shares were traded. FLO stock price reached its highest trading level at $22.59 during the session, while it also had its lowest trading level at $22.03.

Ratios:

For a deeper understanding of Flowers Foods, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 677.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.46. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 1.19. In the meantime, Its Debt-to-Equity ratio is 1.00 whereas as Long-Term Debt/Eq ratio is at 0.95.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Exane BNP Paribas on July 10, 2024, initiated with a Underperform rating and assigned the stock a target price of $20.

On March 01, 2024, DA Davidson started tracking the stock assigning a Neutral rating and target price of $24.

Deutsche Bank Upgraded its Sell to Hold on March 03, 2023, while the target price for the stock was maintained at $27.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 02 ’24 when Casey Edward J. Jr. bought 5,000 shares for $23.55 per share. The transaction valued at 117,750 led to the insider holds 20,330 shares of the business.

THOMAS TERRY S sold 36,577 shares of FLO for $845,162 on Mar 11 ’24. The Chief Growth Officer now owns 42,740 shares after completing the transaction at $23.11 per share. On Dec 20 ’23, another insider, KINSEY R STEVE, who serves as the Chief Financial Officer & CAO of the company, bought 1,780 shares for $22.46 each. As a result, the insider paid 39,982 and bolstered with 399,520 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FLO now has a Market Capitalization of 4772125184 and an Enterprise Value of 5633928192. As of this moment, Flowers’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.40, and their Forward P/E ratio for the next fiscal year is 16.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 3.36. Its current Enterprise Value per Revenue stands at 1.098 whereas that against EBITDA is 11.143.

Stock Price History:

Over the past 52 weeks, FLO has reached a high of $26.12, while it has fallen to a 52-week low of $19.64. The 50-Day Moving Average of the stock is -3.74%, while the 200-Day Moving Average is calculated to be -4.06%.

Shares Statistics:

For the past three months, FLO has traded an average of 1.11M shares per day and 990280 over the past ten days. A total of 210.42M shares are outstanding, with a floating share count of 196.18M. Insiders hold about 6.84% of the company’s shares, while institutions hold 67.73% stake in the company. Shares short for FLO as of 1726185600 were 3375250 with a Short Ratio of 3.04, compared to 1723680000 on 3246346. Therefore, it implies a Short% of Shares Outstanding of 3375250 and a Short% of Float of 1.8099998999999998.

Dividends & Splits

According to the company, the forward annual dividend rate for FLO is 0.94, from 0.93 in the trailing year. Against a Trailing Annual Dividend Yield of 0.041041482The stock’s 5-year Average Dividend Yield is 3.47.

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