Seneca Foods (SENEA) Stock Price, News & Analysis

Company Overview

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and jarred produce; jarred fruit; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby's, Aunt Nellie's, Cherryman, Green Valley, and READ. In addition, it packs canned and frozen vegetables under contract packing agreements. Further, the company engages in the sale of cans, ends, and seeds, as well as trucking and aircraft operations. It provides its products to grocery outlets, including supermarkets, mass merchandisers, limited assortment stores, club stores, and dollar stores; specialty retailers; and food service distributors, restaurant chains, industrial markets, other food packagers, and export customers in approximately 55 countries, as well as federal, state, and local governments for school and other feeding programs. Seneca Foods Corporation was incorporated in 1949 and is headquartered in Fairport, New York.

Key Stats

• Today's Range: $68.80 to $70.18
• 50-Day Range: $60.20 to $70.02
• 52-Week Range: $43.89 to $72.04
• Volume: 15,827 shs
• Average Volume: 19,894 shs
• Market Capitalization: $482.02 million
• P/E Ratio: 12.00
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Seneca Foods Stock Analysis - MarketRank™

Seneca Foods scored higher than 26% of companies evaluated by MarketBeat, and ranked 128th out of 139 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 Seneca Foods.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Seneca Foods is 12.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of Seneca Foods is 12.00, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 19.19.

Price to Book Value per Share Ratio

Seneca Foods has a P/B Ratio of 0.81. 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

2.60% of the float of Seneca Foods has been sold short.

Short Interest Ratio / Days to Cover

Seneca Foods has a short interest ratio ("days to cover") of 5.3.

Change versus previous month

Short interest in Seneca Foods has recently decreased by 4.44%, indicating that investor sentiment is improving.

Dividend

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

Dividend Yield

Seneca Foods does not currently pay a dividend.

Dividend Growth

Seneca Foods does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

2.60% of the float of Seneca Foods has been sold short.

Short Interest Ratio / Days to Cover

Seneca Foods has a short interest ratio ("days to cover") of 5.3.

Change versus previous month

Short interest in Seneca Foods has recently decreased by 4.44%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.84

News Sentiment

Seneca Foods has a news sentiment score of 0.84. 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 0.65 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Seneca Foods this week, compared to 3 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

Only 8.24% of the stock of Seneca Foods is held by insiders.

Percentage Held by Institutions

42.51% of the stock of Seneca Foods is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SENEA Stock Analysis - Frequently Asked Questions

How have SENEA shares performed this year?

Seneca Foods' stock was trading at $52.44 on January 1st, 2024. Since then, SENEA stock has increased by 33.4% and is now trading at $69.96.
View the best growth stocks for 2024 here.

Who are Seneca Foods' major shareholders?

Seneca Foods' top institutional shareholders include Royce & Associates LP (3.69%), State Street Corp (1.77%), Geode Capital Management LLC (1.66%) and Charles Schwab Investment Management Inc. (1.07%). Insiders that own company stock include Michael S Wolcott and Pete Call.
View institutional ownership trends.

How do I buy shares of Seneca Foods?

Shares of SENEA 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.

Company Calendar

• Today: 11/20/2024
• Next Earnings (Estimated): 2/13/2025
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Canned fruits & specialties
• Sub-Industry: Packaged Foods & Meats
• Current Symbol: NASDAQ:SENEA
• CUSIP: 81707050
• CIK: 88948
• Web: www.senecafoods.com
• Phone: (315) 926-8100
• Fax: 315-926-8300
• Employees: 2,900
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $5.83
• Trailing P/E Ratio: 12.00
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $63.32 million
• Net Margins: 2.79%
• Pretax Margin: 3.62%
• Return on Equity: 10.43%
• Return on Assets: 4.30%

Debt

• Debt-to-Equity Ratio: 0.73
• Current Ratio: 2.64
• Quick Ratio: 0.33

Sales & Book Value

• Annual Sales: $1.48 billion
• Price / Sales: 0.33
• Cash Flow: $17.62 per share
• Price / Cash Flow: 3.97
• Book Value: $81.85 per share
• Price / Book: 0.85

Miscellaneous

• Outstanding Shares: 6,891,000
• Free Float: 6,323,000
• Market Cap: $482.09 million
• Optionable: Not Optionable
• Beta: 0.26