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Bob Evans Farms (NASDAQ:BOBE)’s share price hit a new 52-week low during trading on Friday , AnalystRatingsNetwork reports. The company traded as low as $42.81 and last traded at $43.39, with a volume of 297,647 shares traded. The stock had previously closed at $43.78.

BOBE has been the subject of a number of recent research reports. Analysts at Stephens downgraded shares of Bob Evans Farms from an “equal weight” rating to an “underweight” rating in a research note on Thursday. They now have a $40.00 price target on the stock, down previously from $46.00. Separately, 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. Finally, 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. Two analysts have rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company’s stock. Bob Evans Farms has a consensus rating of “Hold” and a consensus price target of $48.00.

The stock has a 50-day moving average of $47.08 and a 200-day moving average of $48.1. The company has a market cap of $1.024 billion and a price-to-earnings ratio of 45.99.

Bob Evans Farms (NASDAQ:BOBE) last announced its earnings results on Tuesday, August 26th. The company reported $0.10 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.10. 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. On average, analysts predict that Bob Evans Farms will post $1.89 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Monday, September 22nd. Stockholders 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 2.86%. The ex-dividend date of this dividend is Thursday, September 4th.

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

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