Flowers Foods (NYSE:FLO) Announces Quarterly Earnings Results

Flowers Foods (NYSE:FLO - Get Free Report) posted its quarterly earnings data on Friday. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.21 by $0.01, Zacks reports. Flowers Foods had a return on equity of 19.41% and a net margin of 4.70%. During the same period in the prior year, the company posted $0.20 earnings per share. Flowers Foods updated its FY 2025 guidance to 1.180-1.280 EPS.

Flowers Foods Stock Up 1.5 %

Shares of FLO traded up $0.28 during midday trading on Tuesday, hitting $18.74. The company had a trading volume of 2,229,696 shares, compared to its average volume of 2,149,240. The company's 50-day simple moving average is $20.28 and its 200-day simple moving average is $21.84. The firm has a market capitalization of $3.95 billion, a P/E ratio of 16.44, a P/E/G ratio of 3.74 and a beta of 0.38. Flowers Foods has a 1 year low of $18.36 and a 1 year high of $26.12. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.95 and a current ratio of 1.24.

Flowers Foods Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 5.12%. The ex-dividend date was Friday, November 29th. Flowers Foods's payout ratio is presently 84.21%.

Analyst Upgrades and Downgrades

FLO has been the subject of several recent research reports. Truist Financial reduced their price objective on Flowers Foods from $23.00 to $20.00 and set a "hold" rating for the company in a research note on Monday. StockNews.com cut Flowers Foods from a "strong-buy" rating to a "buy" rating in a report on Friday, December 20th. Finally, DA Davidson dropped their target price on Flowers Foods from $24.00 to $21.00 and set a "neutral" rating for the company in a report on Monday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $21.00.

Flowers Foods Company Profile

Flowers Foods, Inc produces and markets packaged bakery food products in the United States. Its principal products include fresh breads, buns, rolls, snack items, bagels, English muffins, and tortillas, as well as frozen breads and rolls under the Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Mrs.