Flowers Foods (NYSE:FLO) Price Target Lowered to $7.00 at Deutsche Bank Aktiengesellschaft

Flowers Foods (NYSE:FLO) had its price objective dropped by equities research analysts at Deutsche Bank Aktiengesellschaft from $11.00 to $7.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential downside of 15.61% from the company’s current price.

Several other equities analysts have also commented on the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of Flowers Foods in a research note on Thursday, January 22nd. Zacks Research cut Flowers Foods from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 25th. Wall Street Zen raised shares of Flowers Foods from a “hold” rating to a “buy” rating in a research note on Saturday, March 21st. Finally, Stephens set a $11.00 price objective on shares of Flowers Foods in a report on Wednesday, February 18th. Four analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $11.80.

Flowers Foods Trading Down 1.3%

NYSE FLO traded down $0.11 during mid-day trading on Monday, reaching $8.30. 1,488,755 shares of the stock were exchanged, compared to its average volume of 5,107,192. The stock has a market capitalization of $1.75 billion, a PE ratio of 20.76 and a beta of 0.36. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.54 and a current ratio of 0.75. Flowers Foods has a 1-year low of $8.04 and a 1-year high of $20.23. The business’s fifty day simple moving average is $9.99 and its 200 day simple moving average is $11.11.

Flowers Foods (NYSE:FLO) last issued its quarterly earnings results on Thursday, February 12th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.06. Flowers Foods had a return on equity of 16.61% and a net margin of 1.59%.The company had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the previous year, the firm posted $0.22 EPS. Flowers Foods’s revenue was up 11.0% on a year-over-year basis. Flowers Foods has set its FY 2026 guidance at 0.800-0.900 EPS. On average, research analysts anticipate that Flowers Foods will post 1.18 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Ryals Mcmullian sold 209,000 shares of Flowers Foods stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $10.87, for a total value of $2,271,830.00. Following the transaction, the chief executive officer owned 1,022,380 shares in the company, valued at approximately $11,113,270.60. This trade represents a 16.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 11.57% of the company’s stock.

Hedge Funds Weigh In On Flowers Foods

A number of large investors have recently modified their holdings of FLO. WealthCollab LLC grew its holdings in shares of Flowers Foods by 1,623.7% during the 4th quarter. WealthCollab LLC now owns 2,327 shares of the company’s stock worth $25,000 after purchasing an additional 2,192 shares during the period. Elevation Point Wealth Partners LLC acquired a new position in Flowers Foods during the second quarter valued at approximately $28,000. True Wealth Design LLC grew its stake in Flowers Foods by 262.9% during the fourth quarter. True Wealth Design LLC now owns 2,620 shares of the company’s stock worth $29,000 after buying an additional 1,898 shares during the period. Quent Capital LLC purchased a new stake in Flowers Foods during the third quarter worth approximately $30,000. Finally, Wilmington Savings Fund Society FSB increased its position in shares of Flowers Foods by 225.6% in the third quarter. Wilmington Savings Fund Society FSB now owns 2,400 shares of the company’s stock worth $31,000 after acquiring an additional 1,663 shares in the last quarter. 75.45% of the stock is currently owned by hedge funds and other 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.