#3 - Flowers Foods (NYSE:FLO)
Flowers Foods Inc. (NYSE: FLO) is a producer and marketer of packaged bakery food products in the United States. It’s product offerings appear under brand names such as Wonder, Nature’s Own Canyon Bakehouse, and Tastykake. The company’s customer base runs a wide gamut, from restaurants and food service companies to retail in-store bakeries, dollar stores, and vending machine companies.
The company offers investors predictable revenue and earnings, but it hasn’t done much in the way of growth. In the 10 years ending in February 2025, FLO stock has delivered a total return of just 21.38%. And much of that is due to the company’s appealing dividend which is 5.18% and has increased for 23 consecutive years.
However, in 2025, the company will acquire Simple Mills in a $795 million transaction that will bring a high-growth company under the company’s umbrella. The transaction will also bring Simple Mills’ portfolio of foods with real, clean ingredients into the company’s offerings.
About Flowers Foods
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.
More- Current Price
- $19.41
- Consensus Rating
- Reduce
- Ratings Breakdown
- 0 Buy Ratings, 3 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $21.00 (8.2% Upside)
