Flowers Foods (NYSE:FLO) Releases FY 2025 Earnings Guidance

Flowers Foods (NYSE:FLO) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 1.050-1.150 for the period, compared to the consensus estimate of 1.160. The company issued revenue guidance of $5.1 billion-$5.2 billion, compared to the consensus revenue estimate of $5.4 billion.

Flowers Foods Price Performance

NYSE:FLO opened at $17.29 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.20 and a quick ratio of 0.95. The firm has a market cap of $3.65 billion, a price-to-earnings ratio of 14.77, a price-to-earnings-growth ratio of 8.72 and a beta of 0.37. The company has a 50 day moving average price of $18.10 and a 200-day moving average price of $19.64. Flowers Foods has a 1-year low of $16.43 and a 1-year high of $25.65.

Flowers Foods (NYSE:FLO) last released its quarterly earnings results on Friday, May 16th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.03). Flowers Foods had a net margin of 4.86% and a return on equity of 19.48%. The company had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.60 billion. During the same period in the prior year, the business posted $0.38 EPS. Flowers Foods’s revenue was down 1.4% compared to the same quarter last year. Equities research analysts forecast that Flowers Foods will post 1.18 EPS for the current year.

Analysts Set New Price Targets

FLO has been the topic of several research analyst reports. Truist Financial reduced their price objective on shares of Flowers Foods from $23.00 to $20.00 and set a “hold” rating on the stock in a report on Monday, February 10th. Jefferies Financial Group lowered their price target on Flowers Foods from $20.00 to $16.00 and set a “hold” rating for the company in a report on Friday. Finally, DA Davidson lowered their price target on Flowers Foods from $24.00 to $21.00 and set a “neutral” rating for the company in a report on Monday, February 10th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $19.25.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Integrated Wealth Concepts LLC purchased a new stake in Flowers Foods during the 1st quarter worth about $499,000. Empowered Funds LLC boosted its stake in Flowers Foods by 10.6% in the 1st quarter. Empowered Funds LLC now owns 150,404 shares of the company’s stock worth $2,859,000 after buying an additional 14,476 shares during the last quarter. Millennium Management LLC boosted its stake in Flowers Foods by 209.6% in the 1st quarter. Millennium Management LLC now owns 949,688 shares of the company’s stock worth $18,054,000 after buying an additional 642,942 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Flowers Foods by 7.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 976,456 shares of the company’s stock worth $18,562,000 after buying an additional 65,258 shares during the last quarter. Hedge funds and other institutional investors own 75.45% of the company’s stock.

Flowers Foods Company Profile

Flowers Foods, Inc produces and markets packaged bakery food products in the United States. Its principal products include fresh breads, buns, rolls, snack items, bagels, English muffins, and tortillas, as well as frozen breads and rolls under the Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Mrs.