Flowers Foods (NYSE:FLO) Posts Earnings Results, Misses Expectations By $0.01 EPS

Flowers Foods (NYSE:FLO) issued its quarterly earnings data on Thursday. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01), FiscalAI reports. Flowers Foods had a net margin of 1.38% and a return on equity of 15.98%. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.23 billion. Flowers Foods updated its FY 2026 guidance to 0.750-0.850 EPS.

Flowers Foods Trading Down 4.4%

FLO traded down $0.33 during trading on Thursday, reaching $7.13. 7,770,678 shares of the stock traded hands, compared to its average volume of 6,197,164. The company has a quick ratio of 0.57, a current ratio of 0.77 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $1.51 billion, a PE ratio of 20.37 and a beta of 0.40. The stock’s 50-day moving average is $7.81 and its 200 day moving average is $8.47. Flowers Foods has a 12 month low of $6.80 and a 12 month high of $15.98.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Weiss Ratings cut shares of Flowers Foods from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, August 13th. Zacks Research upgraded shares of Flowers Foods from a “strong sell” rating to a “hold” rating in a report on Thursday, May 21st. Jefferies Financial Group set a $7.00 price objective on shares of Flowers Foods in a research note on Monday, August 3rd. Wall Street Zen downgraded Flowers Foods from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Finally, Stephens lowered their target price on Flowers Foods from $11.00 to $8.00 and set an “equal weight” rating for the company in a research report on Monday, May 18th. Four research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $8.00.

Insider Buying and Selling at Flowers Foods

In other Flowers Foods news, CFO Diego Anthony Scaglione acquired 5,000 shares of the stock in a transaction dated Monday, June 8th. The stock was purchased at an average cost of $7.51 per share, with a total value of $37,550.00. Following the transaction, the chief financial officer owned 194,180 shares in the company, valued at approximately $1,458,291.80. The trade was a 2.64% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 7.23% of the company’s stock.

Institutional Investors Weigh In On Flowers Foods

A number of hedge funds have recently added to or reduced their stakes in the business. Fuller & Thaler Asset Management Inc. grew its position in shares of Flowers Foods by 2.6% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 10,997,655 shares of the company’s stock worth $119,654,000 after buying an additional 276,670 shares during the period. State Street Corp boosted its stake in Flowers Foods by 6.3% during the second quarter. State Street Corp now owns 10,245,714 shares of the company’s stock worth $163,727,000 after acquiring an additional 602,920 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Flowers Foods by 9.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,968,508 shares of the company’s stock worth $86,697,000 after purchasing an additional 680,412 shares during the period. Dimensional Fund Advisors LP grew its holdings in Flowers Foods by 15.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,619,908 shares of the company’s stock worth $72,025,000 after purchasing an additional 901,087 shares during the period. Finally, UBS Group AG increased its stake in Flowers Foods by 2.5% in the third quarter. UBS Group AG now owns 5,440,909 shares of the company’s stock valued at $71,004,000 after purchasing an additional 134,056 shares in the last quarter. 75.45% of the stock is currently owned by institutional investors.

Flowers Foods Company Profile

Flowers Foods, Inc is one of the largest producers of packaged bakery foods in the United States, offering a variety of fresh bread, buns, rolls, snack cakes and tortillas. Headquartered in Thomasville, Georgia, the company operates an extensive network of bakeries and distribution centers that serve retail grocery chains, convenience stores, mass merchandisers and foodservice customers nationwide. Flowers Foods markets its products under well-known brands such as Nature’s Own, Wonder, Dave’s Killer Bread, Mrs.