Farmer Bros. (FARM) Stock Price, News & Analysis

Company Overview

Farmer Bros. Co. engages in the roasting, wholesale, equipment servicing, and distribution of coffee, tea, and other allied products in the United States. The company offers roast and ground coffee; frozen liquid coffee; flavoured and unflavoured iced and hot teas; culinary products, including spices, pancake and biscuit mixes, gravy and sauce mixes, soup bases, dressings, and syrups and sauces, as well as coffee filters, cups, sugar, and creamers; and other beverages comprising cappuccino, cocoa, granitas, and other blender-based beverages and concentrated and ready-to-drink cold brew and iced coffee. It also engage installation, repair, and refurbishment services for an array of coffee, tea, and juice equipment. The company serves small independent restaurants, foodservice operators, and large institutional buyers and national account customers. The company distributes its products through direct-store-delivery network, and common carriers or third-party distributors, as well as website. The company was founded in 1912 and is headquartered in Northlake, Texas.

Key Stats

• Today's Range: $1.90 to $2.00
• 50-Day Range: $1.77 to $2.64
• 52-Week Range: $1.67 to $4.04
• Volume: 60,742 shs
• Average Volume: 109,312 shs
• Market Capitalization: $42.54 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.25
• Consensus Rating: Buy

Farmer Bros. Stock Analysis - MarketRank™

Farmer Bros. scored higher than 81% of companies evaluated by MarketBeat, and ranked 94th out of 215 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Farmer Bros. has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Farmer Bros. has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Farmer Bros. are expected to grow in the coming year, from ($0.62) to ($0.40) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Farmer Bros. is -5.56, 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 Farmer Bros. is -5.56, 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

Farmer Bros. has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.50% of the float of Farmer Bros. has been sold short.

Short Interest Ratio / Days to Cover

Farmer Bros. has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Farmer Bros. has recently increased by 37.36%, indicating that investor sentiment is decreasing significantly.

Dividend

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

Dividend Yield

Farmer Bros. does not currently pay a dividend.

Dividend Growth

Farmer Bros. does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -1.75

Percentage of Shares Shorted

0.50% of the float of Farmer Bros. has been sold short.

Short Interest Ratio / Days to Cover

Farmer Bros. has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Farmer Bros. has recently increased by 37.36%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: 0.34

News Sentiment

Farmer Bros. has a news sentiment score of 0.34. 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 lower news sentiment than the 0.63 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Farmer Bros. this week, compared to 4 articles on an average week.

Search Interest

Only 1 people have searched for FARM on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Farmer Bros. insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.00% of the stock of Farmer Bros. is held by insiders.

Percentage Held by Institutions

64.48% of the stock of Farmer Bros. is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FARM Stock Analysis - Frequently Asked Questions

How have FARM shares performed this year?

Farmer Bros.'s stock was trading at $3.06 at the start of the year. Since then, FARM shares have decreased by 34.6% and is now trading at $2.00.
View the best growth stocks for 2024 here.

How were Farmer Bros.'s earnings last quarter?

Farmer Bros. Co. (NASDAQ:FARM) issued its earnings results on Thursday, November, 7th. The company reported ($0.24) EPS for the quarter, missing analysts' consensus estimates of ($0.23) by $0.01. The business had revenue of $85.07 million for the quarter, compared to the consensus estimate of $84.80 million. Farmer Bros. had a negative net margin of 2.20% and a negative trailing twelve-month return on equity of 35.41%.

Who are Farmer Bros.'s major shareholders?

Top institutional investors of Farmer Bros. include Geode Capital Management LLC (0.98%), Sanders Morris Harris LLC (0.73%), Global Wealth Management Investment Advisory Inc. (0.09%) and PFG Investments LLC (0.08%). Insiders that own company stock include Maurice SJ Moragne, David Pace, Alfred Poe, Ruben E Inofuentes, D Deverl Maserang II and Scott Ray Drake.
View institutional ownership trends.

How do I buy shares of Farmer Bros.?

Shares of FARM 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 Farmer Bros. own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Farmer Bros. investors own include NVIDIA (NVDA), Broadcom (AVGO), General Electric (GE), Adobe (ADBE), e.l.f. Beauty (ELF), Arista Networks (ANET) and Jabil (JBL).

Company Calendar

• Last Earnings: 11/07/2024
• Today: 11/20/2024
• Next Earnings (Estimated): 2/13/2025
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Miscellaneous food preparations & kindred products
• Sub-Industry: Packaged Foods & Meats
• Current Symbol: NASDAQ:FARM
• CUSIP: 30767510
• CIK: 34563
• Web: www.farmerbros.com
• Phone: (682) 549-6600
• Fax: 310-787-5246
• Employees: 1,003
• Year Founded: 1912

Price Target and Rating

• Average Stock Price Target: $5.25
• High Stock Price Target: $6.00
• Low Stock Price Target: $4.50
• Potential Upside/Downside: +162.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.36)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-3,880,000.00
• Net Margins: -2.20%
• Pretax Margin: -2.12%
• Return on Equity: -35.41%
• Return on Assets: -8.41%

Debt

• Debt-to-Equity Ratio: 0.57
• Current Ratio: 1.32
• Quick Ratio: 0.58

Sales & Book Value

• Annual Sales: $344.27 million
• Price / Sales: 0.12
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.14 per share
• Price / Book: 0.93

Miscellaneous

• Outstanding Shares: 21,268,000
• Free Float: 20,417,000
• Market Cap: $42.54 million
• Optionable: Optionable
• Beta: 1.77