Flowers Foods, Inc (NYSE:FLO) shares, rose in value, with the stock price down by -0.13% to the previous day’s close as strong demand from buyers drove the stock to $16.98.
Actively observing the price movement in the recent trading, the stock is buoying the session at $17.00. The PE ratio was 15.79 over 12-month period. Referring to stock’s 52-week performance, its high was $23.87, and the low was $16.28. On the whole, FLO has fluctuated by -3.48% over the past month.
With the market capitalization of Flowers Foods, Inc currently standing at about $3.58 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.96, with its dividend yield at 5.65%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.32B, with a low estimate of 1.25B and a high estimate of 1.28B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.27B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FLO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of FLO currently trading nearly -0.89% and -4.76% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.93, while the 7-day volatility ratio is showing 1.73% which for the 30-day chart, stands at 1.73%. Furthermore, Flowers Foods, Inc (FLO)’s beta value is 0.33, and its average true range (ATR) is 0.40.
A comparison of Flowers Foods, Inc (FLO) with its peers suggests the former has fared considerably weaker in the market. FLO showed an intraday change of -0.13% in today’s session so far, and over the past year, it shrunk by -25.70%%.
Data on historical trading for Flowers Foods, Inc (NYSE:FLO) indicates that the trading volumes over the past 3 months, they’ve averaged 2.45 million. According to company’s latest data on outstanding shares, there are 211.13 million shares outstanding.
Nearly 7.47% of Flowers Foods, Inc’s shares belong to company insiders and institutional investors own 78.82% of the company’s shares. The stock has fallen by -17.82% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FLO stock heading into the next quarter.
