Favorable Press Coverage Extremely Likely to Affect Flowers Foods (FLO) Stock Price

Media stories about Flowers Foods (NYSE:FLO) have trended positive this week, Alpha One reports. Alpha One, a division of Accern, identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Flowers Foods earned a media sentiment score of 0.32 on Alpha One’s scale. Alpha One also gave news coverage about the company an impact score of 94 out of 100, indicating that recent news coverage is extremely likely to have an effect on the stock’s share price in the near future.

These are some of the news articles that may have effected AlphaOne Sentiment Analysis’s scoring:

Insider Buying and Selling by Quarter for Flowers Foods (NYSE:FLO)

A number of equities research analysts recently issued reports on FLO shares. TheStreet raised Flowers Foods from a “c+” rating to a “b-” rating in a research report on Thursday, May 18th. Jefferies Group LLC reissued a “buy” rating and issued a $23.00 target price on shares of Flowers Foods in a research report on Friday, May 26th. Finally, Zacks Investment Research raised Flowers Foods from a “sell” rating to a “hold” rating in a research report on Tuesday, May 9th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. Flowers Foods presently has a consensus rating of “Hold” and a consensus target price of $20.14.

Flowers Foods (NYSE:FLO) traded down 1.96% on Tuesday, hitting $17.48. The company’s stock had a trading volume of 299,784 shares. The stock has a market cap of $3.66 billion, a PE ratio of 22.15 and a beta of 0.97. Flowers Foods has a 12 month low of $14.35 and a 12 month high of $21.00. The firm has a 50 day moving average of $18.70 and a 200-day moving average of $19.24.

Flowers Foods (NYSE:FLO) last announced its quarterly earnings results on Wednesday, May 17th. The company reported $0.25 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.25. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.21 billion. Flowers Foods had a return on equity of 15.39% and a net margin of 4.22%. The company’s quarterly revenue was down 1.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.28 earnings per share. On average, analysts expect that Flowers Foods will post $0.87 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 23rd. Stockholders of record on Friday, June 9th will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date is Wednesday, June 7th. This is a positive change from Flowers Foods’s previous quarterly dividend of $0.16. Flowers Foods’s dividend payout ratio (DPR) is currently 87.18%.

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About Flowers Foods

Flowers Foods, Inc is a producer and marketer of packaged bakery products. The Company operates in two segments: direct-store-delivery segment (DSD Segment) and warehouse delivery segment (Warehouse Segment). The DSD segment produces fresh breads, buns, rolls, tortillas and snack cakes sold primarily by a network of independent distributors to retail and foodservice customers in the areas of the United States: East, South, Southwest, California, and select markets in the Midwest, Pacific Northwest, Nevada, and Colorado.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “FLO”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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