Current Analysis: Flowers Foods


Person Holding Blue and Clear Ballpoint PenImage Source: PexelsFlowers Foods Inc (FLO) is an American company producing bakery food for retail and food service across the United States.The product portfolio includes fresh breads, buns, rolls, snack cakes, and tortillas. The company distributes to supermarkets, convenience stores, and restaurants.The key brands are Nature’s Own, Whitewheat, Cobblestone Bread, Wonder, Dave’s Killer Bread, Canyon Bakehouse, Mrs. Freshley’s, and Tastykake.Flowers Foods operates 47 bakeries around the US and is headquartered in Thomasville, GA.Three key data points gauge Flowers Floods or any dividend-paying firm.The key three are:(1) Price(2) Dividends(3) ReturnsThose three basic keys best tell whether any company has made, is making, and will make money.FLO PriceOver the past year, Flowers’s share price fell  25.2% from $29.28 to $21.90 as of Wednesday’s market close.If Flowers Foods shares trade in the range of $20.00 to $30.00 this next year, its recent $21.90 share price might rise to $23.50 by next year. Of course, Flowers’s price could drop about the same $1.60 estimated amount or more.My annual upside estimate of $1.60 however, is $0.33 below the median of one-year price targets from 6 analysts tracking Flowers Foods.FLO DividendFlowers Foods Inc. has paid generally annually increasing Quarterly dividends since December 13, 2002. FLO’s most recent declared Quarterly dividend, of $0.23 will be paid December 15th to shareholders on record as of November 30th.  The forward-looking $0.92 annual dividend yields 4.20% at Wednesday’s $21.90 share price.FLO ReturnsTo put it all together, add the annual dividend of  $0.92 to the price upside of $1.60 to find a $2.52 gross gain.At Wednesday’s $21.90 share price, a little over $1000 would buy 46 shares.A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.22 per share.Subtracting that likely $0.22 brokerage cost from the $2.52 estimated gross gain per share produces a net gain of $2.30 X 46 shares = $105.80 for a 10.5% estimated net gain.You might choose to pounce on Flowers Foods Inc. FLO is a long-time American Baking company. Furthermore, the estimated $42.00 dividend income from $1k invested is almost 2 times greater than Wednesday’s Flowers Foods Inc $21.90 single share price.The exact track of Flowers Foods Inc’s ongoing future prices and dividends are yet to be known.Remember the true value of any stock is best realized through personal ownership of shares.More By This Author:Current Analysis: Imperial Brands
Current Analysis: Kraft Heinz (KHC)
Current Analysis: Vector Group

Reviews

  • Total Score 0%
User rating: 0.00% ( 0
votes )



Leave a Reply

Your email address will not be published. Required fields are marked *