BranchOut Food (BOF) Stock Price, News & Analysis

Company Overview

BranchOut Food Inc. develops, markets, sells, and distributes plant-based dehydrated fruit and vegetable snacks, and powders in the United States. The company offers dehydrated fruit and vegetable-based snacks, including avocado chips, chewy banana bites, pineapple chips, brussels sprout crisps, and bell pepper crisps; avocado, banana, and blueberry powders; and industrial ingredients, such as bulk avocado powder, dried avocado pieces, and other fruit powders/pieces. It also provides chocolate covered fruit items and private label products for retailers. The company was formerly known as AvoLov, LLC and changed its name to BranchOut Food Inc. in November 2021. BranchOut Food Inc. was incorporated in 2017 and is headquartered in Bend, Oregon.

Key Stats

• Today's Range: $1.58 to $1.67
• 50-Day Range: $0.64 to $3.38
• 52-Week Range: $0.61 to $4.11
• Volume: 109,092 shs
• Average Volume: 2.86 million shs
• Market Capitalization: $11.00 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

BranchOut Food Stock Analysis - MarketRank™

BranchOut Food scored higher than 34% of companies evaluated by MarketBeat, and ranked 115th out of 141 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for BranchOut Food.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of BranchOut Food is -1.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of BranchOut Food is -1.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

BranchOut Food has a P/B Ratio of 2.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.52% of the float of BranchOut Food has been sold short.

Short Interest Ratio / Days to Cover

BranchOut Food has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in BranchOut Food has recently decreased by 25.86%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

BranchOut Food does not currently pay a dividend.

Dividend Growth

BranchOut Food does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.52% of the float of BranchOut Food has been sold short.

Short Interest Ratio / Days to Cover

BranchOut Food has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in BranchOut Food has recently decreased by 25.86%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: N/A

News Sentiment

BranchOut Food has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Consumer Staples companies.

Search Interest

Only 4 people have searched for BOF on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, BranchOut Food insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,921.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

30.80% of the stock of BranchOut Food is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 2.59% of the stock of BranchOut Food is held by institutions.

BOF Stock Analysis - Frequently Asked Questions

How have BOF shares performed this year?

BranchOut Food's stock was trading at $1.21 at the start of the year. Since then, BOF shares have increased by 31.4% and is now trading at $1.59.
View the best growth stocks for 2024 here.

How were BranchOut Food's earnings last quarter?

BranchOut Food Inc. (NASDAQ:BOF) posted its earnings results on Wednesday, August, 14th. The company reported ($0.22) earnings per share for the quarter. The company earned $1.36 million during the quarter. BranchOut Food had a negative net margin of 79.93% and a negative trailing twelve-month return on equity of 175.74%.

When did BranchOut Food IPO?

BranchOut Food (BOF) raised $8 million in an initial public offering on Friday, June 16th 2023. The company issued 1,100,000 shares at $7.00 per share. Alexander Capital acted as the underwriter for the IPO.

How do I buy shares of BranchOut Food?

Shares of BOF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of BranchOut Food own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BranchOut Food investors own include Aberdeen Total Dynamic Dividend Fund (AOD), Abrdn Global Infrastructure Income Fund (ASGI), Oxford Square Capital (OXSQ), Abrdn Income Credit Strategies Fund (ACP), Apollo Senior Floating Rate Fund (AFT), Abrdn Global Dynamic Dividend Fund (AGD) and Apollo Tactical Income Fund (AIF).

Company Calendar

• Last Earnings: 8/14/2024
• Today: 11/02/2024
• Next Earnings (Estimated): 11/12/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Food & kindred products
• Sub-Industry: Food Products
• Current Symbol: NASDAQ:BOF
• CUSIP: N/A
• CIK: 1962481
• Web: branchoutfood.com
• Phone: 844-263-6637
• Fax: N/A
• Employees: 4
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($1.03)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-3,930,000.00
• Net Margins: -79.93%
• Pretax Margin: -79.93%
• Return on Equity: -175.74%
• Return on Assets: -99.07%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 2.02
• Quick Ratio: 1.80

Sales & Book Value

• Annual Sales: $2.83 million
• Price / Sales: 3.89
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.55 per share
• Price / Book: 2.89

Miscellaneous

• Outstanding Shares: 6,920,000
• Free Float: 4,792,000
• Market Cap: $11.00 million
• Optionable: Not Optionable
• Beta: 0.74