Critical Survey: Seneca Foods (SENEB) versus Its Competitors

Seneca Foods (NASDAQ:SENEB) is one of 330 public companies in the “Food Products” industry, but how does it compare to its peers? We will compare Seneca Foods to similar companies based on the strength of its analyst recommendations, profitability, dividends, risk, valuation, institutional ownership and earnings.

Profitability

This table compares Seneca Foods and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Seneca Foods	N/A	N/A	N/A
Seneca Foods Competitors	-13.52%	-146.29%	-4.56%

Valuation and Earnings

This table compares Seneca Foods and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Seneca Foods	$1.77 billion	N/A	62.00
Seneca Foods Competitors	$7.40 billion	$706.68 million	-2,369.28

Seneca Foods’ peers have higher revenue and earnings than Seneca Foods. Seneca Foods is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Insider & Institutional Ownership

3.4% of Seneca Foods shares are held by institutional investors. Comparatively, 39.0% of shares of all “Food Products” companies are held by institutional investors. 1.6% of Seneca Foods shares are held by company insiders. Comparatively, 18.1% of shares of all “Food Products” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Analyst Ratings

This is a breakdown of current recommendations for Seneca Foods and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Seneca Foods	0	1	0	0	2.00
Seneca Foods Competitors	2368	8206	8285	401	2.35

As a group, “Food Products” companies have a potential upside of 10.91%. Given Seneca Foods’ peers stronger consensus rating and higher probable upside, analysts clearly believe Seneca Foods has less favorable growth aspects than its peers.

Summary

Seneca Foods peers beat Seneca Foods on 7 of the 11 factors compared.

Seneca Foods Company Profile

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and bottled produce; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby's, Aunt Nellie's, READ, Green Valley, Paradise, Seneca Farms, and CherryMan. It also packs Green Giant, Le Sueur, and other brands of canned vegetables, as well as select Green Giant frozen vegetables for B&G Foods North America under a contract packing agreement. In addition, the company engages in the sale of cans and ends, as well as trucking and aircraft operations. It provides its products to grocery outlets, including supermarkets, mass merchandisers, limited assortment stores, club stores, and dollar stores; and food service distributors, industrial markets, other food packagers, and export customers in 90 countries, as well as federal, state, and local governments for school and other feeding programs. The company was founded in 1949 and is headquartered in Marion, New York.