Bob Evans Farms Inc. (NASDAQ:BOBE) saw unusually-high trading volume on Friday . Approximately 130,604 shares were traded during trading, a decline of 4% from the previous session’s volume of 135,734 shares.The stock last traded at $38.22 and had previously closed at $37.88.

BOBE has been the subject of several recent research reports. Zacks Investment Research raised Bob Evans Farms from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 16th. Maxim Group lowered their price objective on Bob Evans Farms from $59.00 to $55.00 and set a “buy” rating for the company in a research report on Monday, August 8th. Sidoti assumed coverage on Bob Evans Farms in a research report on Wednesday, May 11th. They issued a “buy” rating and a $60.00 price objective for the company. TheStreet downgraded Bob Evans Farms from a “buy” rating to a “hold” rating in a research report on Tuesday, June 14th. Finally, Oppenheimer Holdings Inc. reaffirmed a “buy” rating and issued a $50.00 price objective on shares of Bob Evans Farms in a research report on Wednesday, June 15th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $49.80.

The stock’s 50 day moving average price is $37.00 and its 200-day moving average price is $42.44. The stock has a market capitalization of $762.43 million and a PE ratio of 34.16.

Bob Evans Farms (NASDAQ:BOBE) last released its earnings results on Tuesday, June 14th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.05. The firm earned $345.60 million during the quarter. During the same period last year, the business earned $0.56 EPS. Bob Evans Farms’s revenue for the quarter was up 4.0% compared to the same quarter last year. On average, analysts forecast that Bob Evans Farms Inc. will post $2.06 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, September 19th. Shareholders of record on Monday, September 5th will be given a $0.34 dividend. The ex-dividend date is Wednesday, August 31st. This represents a $1.36 dividend on an annualized basis and a yield of 3.52%.

Bob Evans Farms, Inc (Bob Evans) is a full-service restaurant company. The Company produces and distributes pork sausage products and a range of home-style refrigerated side dishes and frozen food items under the Bob Evans, Owens and Country Creek brand names. These food products are distributed to customers throughout the United States.

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