FLO Stock Summary and Trading Ideas (Flowers Foods | NYSE:FLO)

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 May 2, 2024, FLO stock price declined to $25.01 with 373,476 million shares trading.

FLO has a beta of -0.17, meaning it tends to be less sensitive to market movements. FLO has a correlation of 0.01 to the broad based SPY ETF.

FLO has a market cap of $5.27 billion. This is considered a Mid Cap stock.

Last quarter Flowers Foods reported $1 billion in Revenue and $.20 earnings per share. This fell short of revenue expectation by $-1 million and missed earnings estimates by -$.01.

In the last 3 years, FLO stock 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): IJH, VTI, VB, VBR, VXF.

FLO stock has underperformed the market in the last year with a return of -6.8%, while SPY returned +22.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in FLO shares. However, FLO has outperformed the market in the last 3 month and 2 week periods, returning +7.0% and +7.2%, while SPY returned +3.3% and +0.6%, respectively. This indicates FLO has been having a stronger performance recently.

FLO support price is $24.73 and resistance is $25.35 (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 stock will trade within this expected range on the day.