Jefferies Sticks to Their Hold Rating for Flowers Foods (FLO)
TipRanks (Sun, 22-Dec 7:36 PM ET)
FLOWERS FOODS DECLARES QUARTERLY DIVIDEND
PRNewswire (Fri, 15-Nov 9:00 AM ET)
FLOWERS FOODS, INC. REPORTS THIRD QUARTER 2024 RESULTS
PRNewswire (Fri, 8-Nov 7:00 AM ET)
Flowers Foods to Report Third Quarter 2024 Results
Globe Newswire (Thu, 24-Oct 11:00 AM ET)
Flowers Foods Inc is an American company producing bakery food for retail and foodservice across the United States. The product portfolio includes fresh breads, buns, rolls, snack cakes, and tortillas. The company distributes to supermarkets, convenience stores, and restaurants. The key brands are Nature's Own, Whitewheat, Cobblestone Bread, Wonder, Dave's Killer Bread, Canyon Bakehouse, Mrs. Freshley's, and Tastykake.
Flowers Foods trades on the NYSE stock market under the symbol FLO.
As of December 27, 2024, FLO stock price declined to $20.49 with 342,713 million shares trading.
FLO has a beta of -0.34, meaning it tends to be less sensitive to market movements. FLO has a correlation of 0.05 to the broad based SPY ETF.
FLO has a market cap of $4.32 billion. This is considered a Mid Cap stock.
Last quarter Flowers Foods reported $1 billion in Revenue and $.33 earnings per share. This fell short of revenue expectation by $-9 million and exceeded earnings estimates by $.04.
In the last 3 years, FLO traded as high as $30.16 and as low as $19.64.
The top ETF exchange traded funds that FLO belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.
FLO has underperformed the market in the last year with a price return of -4.7% while the SPY ETF gained +25.7%. FLO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -10.2% and -3.5%, respectively, while the SPY returned +3.6% and -1.9%, respectively.
FLO support price is $20.29 and resistance is $20.83 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FLO shares will trade within this expected range on the day.