Flowers Foods (FLO) to Release Quarterly Earnings on Thursday
Flowers Foods (NYSE:FLO) will be issuing its quarterly earnings data on Thursday, May 15th. Persons that wish to register for the company’s earnings conference call can do so using this link.
Shares of Flowers Foods (NYSE:FLO) opened at 21.16 on Wednesday. Flowers Foods has a 1-year low of $18.70 and a 1-year high of $25.67. The stock’s 50-day moving average is $20.70 and its 200-day moving average is $21.33. The company has a market cap of $4.414 billion and a P/E ratio of 19.29.
Several analysts have recently commented on the stock. Analysts at Imperial Capital initiated coverage on shares of Flowers Foods in a research note on Thursday, May 1st. They set an “outperform” rating and a $25.00 price target on the stock. On the ratings front, analysts at KeyCorp raised their price target on shares of Flowers Foods from $23.00 to $25.00 in a research note on Friday, March 21st. Finally, analysts at BMO Capital Markets upgraded shares of Flowers Foods from a “market perform” rating to an “outperform” rating in a research note on Tuesday, March 18th. They now have a $24.00 price target on the stock, up previously from $22.00. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. Flowers Foods currently has an average rating of “Hold” and an average target price of $25.07.
Flowers Foods, Inc (NYSE:FLO) is a producer and marketer of bakery products in the United States.
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