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As of close of business last night, Farmer Bros. Co’s stock clocked out at $2.94, up 2.80% from its previous closing price of $2.86. In other words, the price has increased by $2.80 from its previous closing price. On the day, 0.59 million shares were traded.
Ratios:
To gain a deeper understanding of FARM’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 1.47 whereas as Long-Term Debt/Eq ratio is at 1.08.
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 the company, ROTH Capital on September 01, 2021, Upgraded its rating to Buy and sets its target price to $14 from $7 previously.
On March 31, 2021, B. Riley Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $6.50 to $12.50.
B. Riley Securities Upgraded its Neutral to Buy on March 31, 2021, while the target price for the stock was maintained at $12.50.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18 while its Price-to-Book (P/B) ratio in mrq is 1.51.
Stock Price History:
Over the past 52 weeks, FARM has reached a high of $3.86, while it has fallen to a 52-week low of $1.60. The 50-Day Moving Average of the stock is 53.17%, while the 200-Day Moving Average is calculated to be 26.43%.
Shares Statistics:
A total of 21.35M shares are outstanding, with a floating share count of 17.25M. Insiders hold about 19.22% of the company’s shares, while institutions hold 41.91% stake in the company.
