Flowers Foods (NYSE:FLO) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2.2 by 5 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold. Flowers Foods (NYSE:FLO) : On Tuesday heightened volatility was witnessed in Flowers Foods (NYSE:FLO) which led to swings in the share price. The stock opened for trading at $18.5 and hit $18.75 on the upside , eventually ending the session at $18.68, with a gain of 0.86% or 0.16 points. The heightened volatility saw the trading volume jump to 1,301,418 shares. The 52-week high of the share price is $27.31 and the company has a market cap of $3,966 million. The 52-week low of the share price is at $15.64 .
Flowers Foods (NYSE:FLO): 4 analysts have set the short term price target of Flowers Foods (NYSE:FLO) at $20.25. The standard deviation of short term price target has been estimated at $2.06, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 23 and $18 respectively.
Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm BB&T Capital upgrades its rating on Flowers Foods (NYSE:FLO). The rating major has initiated the coverage with buy rating on the shares. Earlier, the shares were rated a Hold by the brokerage firm. The rating by the firm was issued on February 16, 2016.
The company shares have dropped 18.56% in the past 52 Weeks. On October 30, 2015 The shares registered one year high of $27.31 and one year low was seen on February 12, 2016 at $15.64. The 50-day moving average is $17.75 and the 200 day moving average is recorded at $22.1. S&P 500 has rallied 1.49% during the last 52-weeks. Investors should note that the Company has disclosed insider buying and selling activities to the Securities Exchange, Spear James T, director of Flowers Foods Inc, had purchased 100 shares on February 16, 2016. The total value of the transaction was $1,625. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Flowers Foods, Inc. (Flowers) is a producer and marketer of a line of bakery products on a national and super-regional basis. The Company operates in two segments: a direct-store-delivery segment (DSD Segment) and a warehouse delivery segment (Warehouse Segment). The DSD Segment operates 38 bakeries that market a variety of fresh bakery foods, including breads, buns, rolls, tortillas and snack cakes. The Warehouse Segment produces frozen bread and rolls, and snack products. It operates eight bakeries that produce snack cakes, breads and rolls for national retail, foodservice, vending, and co-pack customers, which are delivered through customers warehouse channels and one bakery mix plant. The company operates 46 bakeries, of which 44 are owned and two are leased, and one mix plant.