Bob Evans Farms Inc (BOBE) Issues FY15 Earnings Guidance
Bob Evans Farms Inc (NASDAQ:BOBE) updated its FY15 earnings guidance on Monday. The company provided EPS guidance of $1.90-2.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.94, Analyst Ratings Net reports.
A number of research firms have recently commented on BOBE. Analysts at Janney Montgomery Scott cut their price target on shares of Bob Evans Farms from $45.00 to $44.00 in a research note on Thursday, July 10th. They now have a fair value rating on the stock. Analysts at Miller Tabak raised their price target on shares of Bob Evans Farms from $57.00 to $59.00 in a research note on Wednesday, June 11th. They now have a buy rating on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of $53.75.
Shares of Bob Evans Farms Inc (NASDAQ:BOBE) traded up 0.38% on Monday, hitting $47.73. 253,953 shares of the company’s stock traded hands. Bob Evans Farms Inc has a one year low of $43.19 and a one year high of $60.22. The stock has a 50-day moving average of $47.99 and a 200-day moving average of $48.24. The company has a market cap of $1.122 billion and a price-to-earnings ratio of 37.68.
Bob Evans Farms (NASDAQ:BOBE) last issued its earnings data on Tuesday, July 8th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.20. The company had revenue of $326.40 million for the quarter, compared to the consensus estimate of $333.31 million. During the same quarter in the previous year, the company posted $0.71 earnings per share. The company’s revenue for the quarter was down 2.2% on a year-over-year basis. Analysts expect that Bob Evans Farms Inc will post $2.06 EPS for the current fiscal year.
Bob Evans Farms, Inc (NASDAQ:BOBE) is a full-service restaurant company that operates Bob Evans Restaurants.
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