With 1.99 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.83 million shares. The 52-week range on FLO shows that it touched its highest point at $26.12 and its lowest point at $17.99 during that stretch. It currently has a 1-year price target of $20.88. With its current market cap of 4.02 billion, FLO has annualized dividend of $0.95 while the current yield stands at 4.98%. Beta for the stock currently stands at 0.40.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FLO was up-trending over the past week, with a rise of 3.53%, but this was down by -3.69% over a month. Three-month performance dropped to -11.59% while six-month performance fell -17.12%. The stock lost -14.94% in the past year, while it has lost -7.70% so far this year. A look at the trailing 12-month EPS for FLO yields 1.17 with Next year EPS estimates of 1.23. For the next quarter, that number is 0.38. This implies an EPS growth rate of -8.35% for this year and 4.95% for next year. EPS is expected to grow by 0.95% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 8.55%.
Float and Shares Shorts:
At present, 210.60 million FLO shares are outstanding with a float of 195.15 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FLO since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.27477 being high and $1.20442 being low. For FLO, this leads to a yearly average estimate of $1.26481. Based on analyst estimates, the high estimate for the next quarter is $0.32 and the low estimate is $0.29. The average estimate for the next quarter is thus $0.31.
