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Bob Evans Farms (NASDAQ:BOBE) posted its quarterly earnings results on Tuesday. The company reported $0.10 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.10, American Banking reports. The company had revenue of $326.30 million for the quarter, compared to the consensus estimate of $328.61 million. During the same quarter in the previous year, the company posted $0.54 earnings per share. The company’s revenue for the quarter was down .9% on a year-over-year basis. Bob Evans Farms updated its FY15 guidance to $1.90-2.20 EPS.

Shares of Bob Evans Farms (NASDAQ:BOBE) traded down 2.73% during mid-day trading on Tuesday, hitting $47.76. The stock had a trading volume of 764,444 shares. Bob Evans Farms has a 52 week low of $43.19 and a 52 week high of $60.22. The stock’s 50-day moving average is $47.35 and its 200-day moving average is $48.23. The company has a market cap of $1.122 billion and a P/E ratio of 38.91.

The company also recently declared a quarterly dividend, which is scheduled for Monday, September 22nd. Investors of record on Monday, September 8th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date of this dividend is Thursday, September 4th.

A number of analysts have recently weighed in on BOBE shares. Analysts at Miller Tabak raised their price target on shares of Bob Evans Farms from $55.00 to $56.00 in a research note on Thursday, August 21st. They now have a “buy” rating on the stock. On the ratings front, 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. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. Bob Evans Farms presently has an average rating of “Hold” and an average target price of $53.00.

Bob Evans Farms, Inc (NASDAQ:BOBE) is a full-service restaurant company that operates Bob Evans Restaurants.

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