Flowers Foods, Inc. (NYSE:FLO) – Stock analysts at KeyCorp issued their Q1 2017 earnings per share (EPS) estimates for shares of Flowers Foods in a note issued to investors on Wednesday. KeyCorp analyst B. Andress anticipates that the firm will post earnings per share of $0.26 for the quarter. KeyCorp has a “Overweight” rating and a $23.00 price objective on the stock. KeyCorp also issued estimates for Flowers Foods’ Q2 2017 earnings at $0.26 EPS, Q3 2017 earnings at $0.21 EPS, Q4 2017 earnings at $0.17 EPS and FY2018 earnings at $1.10 EPS.

Several other brokerages also recently commented on FLO. TheStreet upgraded Flowers Foods from a “hold” rating to a “buy” rating in a research note on Thursday, January 5th. Jefferies Group LLC restated a “buy” rating and issued a $20.00 target price on shares of Flowers Foods in a research note on Tuesday, December 13th. BMO Capital Markets restated a “hold” rating and issued a $17.00 target price on shares of Flowers Foods in a research note on Friday, November 11th. Zacks Investment Research downgraded Flowers Foods from a “hold” rating to a “sell” rating in a research note on Wednesday, January 11th. Finally, DA Davidson restated a “hold” rating and issued a $16.00 target price on shares of Flowers Foods in a research note on Thursday, November 10th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $19.88.

Earnings History and Estimates for Flowers Foods (NYSE:FLO)

“Flowers Foods, Inc. (FLO) to Post Q1 2017 Earnings of $0.26 Per Share, KeyCorp Forecasts” was originally published by Daily Political and is owned by of Daily Political. If you are accessing this piece on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The legal version of this piece can be accessed at http://www.dailypolitical.com/2017/02/17/flowers-foods-inc-flo-to-post-q1-2017-earnings-of-0-26-per-share-keycorp-forecasts.html.

Flowers Foods (NYSE:FLO) opened at 19.41 on Thursday. The firm has a market cap of $4.07 billion, a P/E ratio of 24.92 and a beta of 0.87. Flowers Foods has a 12 month low of $14.35 and a 12 month high of $21.00. The firm’s 50-day moving average price is $19.94 and its 200-day moving average price is $16.99.

Flowers Foods (NYSE:FLO) last announced its quarterly earnings results on Monday, February 13th. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by $0.00. The business had revenue of $868.70 million for the quarter, compared to analyst estimates of $874.19 million. Flowers Foods had a return on equity of 16.42% and a net margin of 4.17%. Flowers Foods’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period last year, the firm earned $0.16 EPS.

In related news, SVP Dan W. Stone sold 13,250 shares of the firm’s stock in a transaction dated Monday, November 21st. The shares were sold at an average price of $16.15, for a total value of $213,987.50. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO R Steve Kinsey sold 89,902 shares of the firm’s stock in a transaction dated Thursday, December 22nd. The shares were sold at an average price of $19.22, for a total transaction of $1,727,916.44. Following the completion of the transaction, the chief financial officer now directly owns 338,705 shares in the company, valued at approximately $6,509,910.10. The disclosure for this sale can be found here. In the last ninety days, insiders sold 182,197 shares of company stock worth $3,481,805. 16.87% of the stock is owned by insiders.

“Flowers Foods, Inc. (FLO) to Post Q1 2017 Earnings of $0.26 Per Share, KeyCorp Forecasts” was originally published by Daily Political and is owned by of Daily Political. If you are accessing this piece on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The legal version of this piece can be accessed at http://www.dailypolitical.com/2017/02/17/flowers-foods-inc-flo-to-post-q1-2017-earnings-of-0-26-per-share-keycorp-forecasts.html.

A number of institutional investors have recently made changes to their positions in the stock. Creative Planning boosted its position in shares of Flowers Foods by 3.7% in the third quarter. Creative Planning now owns 8,772 shares of the company’s stock valued at $133,000 after buying an additional 313 shares during the last quarter. World Asset Management Inc acquired a new position in shares of Flowers Foods during the third quarter valued at $178,000. Timber Hill LLC acquired a new position in shares of Flowers Foods during the third quarter valued at $178,000. LS Investment Advisors LLC boosted its position in shares of Flowers Foods by 5.6% in the third quarter. LS Investment Advisors LLC now owns 11,767 shares of the company’s stock valued at $178,000 after buying an additional 624 shares during the last quarter. Finally, Snow Capital Management LP acquired a new position in shares of Flowers Foods during the third quarter valued at $180,000. 67.50% of the stock is currently owned by institutional investors and hedge funds.

About Flowers Foods

Flowers Foods, Inc is a producer and marketer of bakery products. The Company operates in two segments: direct-store-delivery segment (DSD Segment) and warehouse delivery segment (Warehouse Segment). The DSD segment’s production plant locations include Birmingham, Alabama; Opelika, Alabama; Tuscaloosa, Alabama; Goldsboro, North Carolina; Jamestown, North Carolina, and Oxford, Pennsylvania.

5 Day Chart for NYSE:FLO

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