Flowers Foods (NYSE:FLO) Releases Earnings Results

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

Flowers Foods Price Performance

Shares of NYSE FLO traded down $0.33 during midday trading on Thursday, reaching $7.13. 9,331,882 shares of the stock traded hands, compared to its average volume of 6,197,164. The company’s 50 day moving average is $7.81 and its 200 day moving average is $8.47. Flowers Foods has a one year low of $6.80 and a one year high of $15.98. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.77 and a quick ratio of 0.57. The stock has a market capitalization of $1.51 billion, a PE ratio of 20.37 and a beta of 0.40.

Insider Buying and Selling at Flowers Foods

In other Flowers Foods news, CFO Diego Anthony Scaglione bought 5,000 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were purchased at an average cost of $7.51 per share, for a total transaction of $37,550.00. Following the transaction, the chief financial officer owned 194,180 shares of the company’s stock, valued at $1,458,291.80. This represents a 2.64% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 7.23% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Flowers Foods

Large investors have recently modified their holdings of the stock. Fuller & Thaler Asset Management Inc. raised its holdings in 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 valued at $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 buying an additional 602,920 shares during the period. Charles Schwab Investment Management Inc. increased its position in Flowers Foods by 9.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,968,508 shares of the company’s stock valued at $86,697,000 after acquiring an additional 680,412 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Flowers Foods by 15.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 6,619,908 shares of the company’s stock valued at $72,025,000 after acquiring an additional 901,087 shares during the last quarter. Finally, UBS Group AG raised its stake in shares of 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 acquiring an additional 134,056 shares during the period. Institutional investors own 75.45% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on FLO. Weiss Ratings cut Flowers Foods from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday, August 13th. Zacks Research raised shares of Flowers Foods from a “strong sell” rating to a “hold” rating in a report on Thursday, May 21st. Stephens reduced their price objective on shares of Flowers Foods from $11.00 to $8.00 and set an “equal weight” rating on the stock in a research report on Monday, May 18th. Wall Street Zen lowered shares of Flowers Foods from a “buy” rating to a “hold” rating in a research report on Sunday, May 3rd. Finally, Jefferies Financial Group set a $7.00 price target on shares of Flowers Foods in a research note on Monday, August 3rd. Four investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Flowers Foods presently has an average rating of “Reduce” and an average price target of $8.00.

About Flowers Foods

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.