Bob Evans Farms (NASDAQ:BOBE) announced its earnings results on Wednesday. The restaurant operator reported $0.35 EPS for the quarter, hitting the consensus estimate of $0.35, Bloomberg Earnings reports. Bob Evans Farms had a net margin of 19.49% and a return on equity of 19.52%. During the same quarter in the prior year, the company posted $0.56 EPS.

Bob Evans Farms (BOBE) opened at $77.66 on Thursday. The firm has a market cap of $1,550.00, a price-to-earnings ratio of 33.85 and a beta of 0.54. Bob Evans Farms has a fifty-two week low of $47.28 and a fifty-two week high of $78.24. The company has a current ratio of 1.11, a quick ratio of 0.83 and a debt-to-equity ratio of 0.52.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Monday, December 11th will be issued a dividend of $0.34 per share. The ex-dividend date is Friday, December 8th. This represents a $1.36 dividend on an annualized basis and a yield of 1.75%. Bob Evans Farms’s payout ratio is 141.67%.

A number of analysts have recently issued reports on BOBE shares. Zacks Investment Research upgraded shares of Bob Evans Farms from a “hold” rating to a “buy” rating and set a $77.00 price objective on the stock in a report on Monday, September 4th. Maxim Group reiterated a “buy” rating and issued a $77.00 price objective on shares of Bob Evans Farms in a report on Wednesday, August 30th. Berenberg Bank downgraded shares of Bob Evans Farms from a “buy” rating to a “hold” rating and lowered their price objective for the company from $78.00 to $77.00 in a report on Wednesday, September 20th. Oppenheimer reiterated a “hold” rating and issued a $72.00 price objective on shares of Bob Evans Farms in a report on Friday, September 8th. Finally, ValuEngine downgraded shares of Bob Evans Farms from a “buy” rating to a “hold” rating in a report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company’s stock. Bob Evans Farms has a consensus rating of “Hold” and an average price target of $76.05.

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About Bob Evans Farms

Bob Evans Farms, Inc (Bob Evans) is a producer and distributor of refrigerated potato, pasta and vegetable-based side dishes, pork sausage, and a variety of refrigerated and frozen food items under the Bob Evans and Owens or Country Creek brand names. The Company’s food products are distributed to customers throughout the United States.

Earnings History for Bob Evans Farms (NASDAQ:BOBE)

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