After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Flowers Foods Inc. (FLO) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $27.51. The Flowers Foods Inc. has recorded 52,766 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that WONDER LAUNCHES HAWAIIAN BUNS WITH TROPICAL FLAVOR AND TOUCH OF SWEETNESS.
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Stocks Info
The company is listed on the NYSE and operates within the Packaged Foods industry segment. At the end of the last regular session, the stock closed at $27.51 and fluctuated between $27.80 as its day high and $27.35 as its day low. The current market capitalization of Flowers Foods Inc. is $5.84B. A total of 1.68 million shares were traded on the day, compared to an average of 2.08M shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, FLO has seen 15 BUY and 14 SELL insider trades, representing the acquisition of 465,158 and the disposition of 185,740 shares. Over the last 12 months, there were 32 BUYs and 29 SELLs from insiders. Insiders purchased 536,717 shares during that period but sold 618,146.
In the most recent transaction, Chubb Thomas Caldecot III bought 2,000 shares of FLO for 28.42 per share on Dec 20. After the transaction, the Director now owns 25,051 company shares. In a previous transaction on Aug 23, Chubb Thomas Caldecot III bought 3,000 shares at 27.50 per share. FLO shares that Director owns now total 23,051.
Among the insiders who sold shares, McMullian Ryals disposed of 143,020 shares on Aug 18 at a per-share price of $27.97. This resulted in the President and CEO holding 1,781,580 shares of FLO after the transaction. In another insider transaction, STITH MELVIN T bought 7 shares at $26.80 per share on Jul 20. Company shares held by the Director now total 77.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Flowers Foods Inc. pays an annual dividend of $0.88, resulting in a dividend yield of 3.20%, and it has a price to earnings (P/E) ratio of 25.69. FLO’s most recent ex-dividend date was 3/2/2023 when it declared a $0.22 quarterly dividend that was paid in cash on 3/17/2023. Previously, the company paid the dividend on 12/16/2022 with an ex-dividend date of 12/1/2022. The FLO stock dividend was $0.22 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for FLO in the last 3 months, the mean price target is $28.83 with high estimates of $33.00 and low estimates of $26.00. In terms of 52-week highs and lows, FLO has a high of $30.16 and a low of $24.15.
As of this writing, FLO has an earnings estimate of $0.38 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.42 per share and a lower estimate of $0.33. The company reported an EPS of $0.3 in the last quarter, which was 7.10% higher than expectations of $0.28.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. FLO’s latest balance sheet shows that the firm has $185.87M in Cash & Short Term Investments as of fiscal 2021. There were $1.19B in debt and $519.92M in liabilities at the time. Its Book Value Per Share was $6.83, while its Total Shareholder’s Equity was $1.41B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 6 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FLO is Overweight with a score of 3.00. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 5 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.
