Annies Inc (BNNY) Issues FY15 Earnings Guidance
Annies Inc (NASDAQ:BNNY) updated its FY15 earnings guidance on Thursday. The company provided EPS guidance of $0.88-0.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.89, AnalystRatingsNetwork reports.
Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of Annies from $30.00 to $34.00 in a research note on Tuesday, July 15th. On a related note, analysts at Imperial Capital cut their price target on shares of Annies from $42.00 to $40.00 in a research note on Monday, June 2nd. They now have an in-line rating on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus price target of $40.86.
Shares of Annies Inc (NASDAQ:BNNY) traded down 0.40% on Thursday, hitting $29.82. The stock had a trading volume of 297,938 shares. Annies Inc has a 52 week low of $27.86 and a 52 week high of $52.38. The stock has a 50-day moving average of $32.19 and a 200-day moving average of $35.27. The company has a market cap of $508.1 million and a P/E ratio of 34.02.
Annies (NASDAQ:BNNY) last released its earnings data on Thursday, August 7th. The company reported ($0.07) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.03) by $0.04. The company had revenue of $43.30 million for the quarter, compared to the consensus estimate of $42.70 million. During the same quarter in the prior year, the company posted $0.13 earnings per share. The company’s quarterly revenue was up 10.2% on a year-over-year basis. Analysts expect that Annies Inc will post $0.90 EPS for the current fiscal year.
Annie’s, Inc is a natural and organic food company. The Company’s product lines include natural products, products made with organic ingredients and certified organic products.
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