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FLO

Flowers FoodsNYSE:FLO Stock Report

Last Price

US$28.93

Market Cap

US$6.1b

7D

3.7%

1Y

29.4%

Updated

19 Jan, 2022

Data

Company Financials +
FLO fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance4/6
Financial Health4/6
Dividends5/6

FLO Stock Overview

Flowers Foods, Inc. produces and markets packaged bakery products in the United States.

Flowers Foods Competitors

Mondelez International

NasdaqGS:MDLZ

US$94.3b

Kraft Heinz

NasdaqGS:KHC

US$45.6b

General Mills

NYSE:GIS

US$41.7b

Tyson Foods

NYSE:TSN

US$33.7b

Price History & Performance

Summary of all time highs, changes and price drops for Flowers Foods
Historical stock prices
Current Share PriceUS$28.93
52 Week HighUS$29.73
52 Week LowUS$21.72
Beta0.28
1 Month Change6.91%
3 Month Change15.67%
1 Year Change29.44%
3 Year Change46.78%
5 Year Change44.94%
Change since IPO1,598.61%

Recent News & Updates

Jan 10
Calculating The Fair Value Of Flowers Foods, Inc. (NYSE:FLO)

Calculating The Fair Value Of Flowers Foods, Inc. (NYSE:FLO)

Does the January share price for Flowers Foods, Inc. ( NYSE:FLO ) reflect what it's really worth? Today, we will...

Dec 29
Should You Be Adding Flowers Foods (NYSE:FLO) To Your Watchlist Today?

Should You Be Adding Flowers Foods (NYSE:FLO) To Your Watchlist Today?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Nov 30

Flowers Foods Stock: An Attractive Price For An Industry Leader

Flowers Foods has done well to maintain and grow its brands in recent years. Flowers Foods' industry-leading position makes it an enviable prospect for investors to consider. Add in how cheap shares look and FLO stock should be a good long-term play for value-oriented investors.

Nov 25
Flowers Foods (NYSE:FLO) Has Affirmed Its Dividend Of US$0.21

Flowers Foods (NYSE:FLO) Has Affirmed Its Dividend Of US$0.21

Flowers Foods, Inc.'s ( NYSE:FLO ) investors are due to receive a payment of US$0.21 per share on 17th of December...

Shareholder Returns

FLOUS FoodUS Market
7D3.7%0.2%-3.5%
1Y29.4%14.3%10.2%

Return vs Industry: FLO exceeded the US Food industry which returned 14.3% over the past year.

Return vs Market: FLO exceeded the US Market which returned 10.2% over the past year.

Price Volatility

Is FLO's price volatile compared to industry and market?
FLO volatility
FLO Average Weekly Movement2.3%
Food Industry Average Movement5.2%
Market Average Movement6.6%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.4%

Stable Share Price: FLO is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: FLO's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19199,200A. McMullianhttps://www.flowersfoods.com

Flowers Foods, Inc. produces and markets packaged bakery products in the United States. It offers fresh breads, buns, rolls, snack cakes, and tortillas, as well as frozen breads and rolls under the Nature’s Own, Dave’s Killer Bread, Wonder, Canyon Bakehouse, Mrs. Freshley’s, and Tastykake brand names. The company distributes its products through a direct-store-delivery distribution and a warehouse delivery system, as well as operates 46 bakeries comprising 44 owned and 2 leased.

Flowers Foods Fundamentals Summary

How do Flowers Foods's earnings and revenue compare to its market cap?
FLO fundamental statistics
Market CapUS$6.12b
Earnings (TTM)US$222.69m
Revenue (TTM)US$4.37b

27.5x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FLO income statement (TTM)
RevenueUS$4.37b
Cost of RevenueUS$2.18b
Gross ProfitUS$2.19b
ExpensesUS$1.96b
EarningsUS$222.69m

Last Reported Earnings

Oct 09, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.05
Gross Margin50.02%
Net Profit Margin5.10%
Debt/Equity Ratio64.0%

How did FLO perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

78%

Payout Ratio

Valuation

Is Flowers Foods undervalued compared to its fair value and its price relative to the market?

1.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FLO ($28.93) is trading below our estimate of fair value ($29.21)

Significantly Below Fair Value: FLO is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: FLO is poor value based on its PE Ratio (27.5x) compared to the US Food industry average (21.4x).

PE vs Market: FLO is poor value based on its PE Ratio (27.5x) compared to the US market (17x).


Price to Earnings Growth Ratio

PEG Ratio: FLO is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: FLO is overvalued based on its PB Ratio (4.3x) compared to the US Food industry average (2.4x).


Future Growth

How is Flowers Foods forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

15.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FLO's forecast earnings growth (15.9% per year) is above the savings rate (2%).

Earnings vs Market: FLO's earnings (15.9% per year) are forecast to grow faster than the US market (13% per year).

High Growth Earnings: FLO's earnings are forecast to grow, but not significantly.

Revenue vs Market: FLO's revenue (1.1% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: FLO's revenue (1.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FLO's Return on Equity is forecast to be low in 3 years time (17.9%).


Past Performance

How has Flowers Foods performed over the past 5 years?

3.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FLO has a large one-off loss of $76.4M impacting its October 9 2021 financial results.

Growing Profit Margin: FLO's current net profit margins (5.1%) are higher than last year (2.4%).


Past Earnings Growth Analysis

Earnings Trend: FLO's earnings have grown by 3.6% per year over the past 5 years.

Accelerating Growth: FLO's earnings growth over the past year (117.8%) exceeds its 5-year average (3.6% per year).

Earnings vs Industry: FLO earnings growth over the past year (117.8%) exceeded the Food industry 18.7%.


Return on Equity

High ROE: FLO's Return on Equity (15.8%) is considered low.


Financial Health

How is Flowers Foods's financial position?


Financial Position Analysis

Short Term Liabilities: FLO's short term assets ($849.3M) exceed its short term liabilities ($536.6M).

Long Term Liabilities: FLO's short term assets ($849.3M) do not cover its long term liabilities ($1.4B).


Debt to Equity History and Analysis

Debt Level: FLO's net debt to equity ratio (42.2%) is considered high.

Reducing Debt: FLO's debt to equity ratio has reduced from 85.2% to 64% over the past 5 years.

Debt Coverage: FLO's debt is well covered by operating cash flow (44.8%).

Interest Coverage: FLO's interest payments on its debt are well covered by EBIT (39.3x coverage).


Balance Sheet


Dividend

What is Flowers Foods's current dividend yield, its reliability and sustainability?

2.90%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FLO's dividend (2.9%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: FLO's dividend (2.9%) is low compared to the top 25% of dividend payers in the US market (3.48%).


Stability and Growth of Payments

Stable Dividend: FLO's dividends per share have been stable in the past 10 years.

Growing Dividend: FLO's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (78%), FLO's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: FLO's dividends in 3 years are forecast to be covered by earnings (62% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

A. McMullian (51 yo)

2.67yrs

Tenure

US$5,086,770

Compensation

Mr. A. Ryals McMullian, Jr., is President and Chief Executive Officer of Flowers Foods, Inc. since May 23, 2019 and its Director since August 16, 2019. He served as Chief Operating Officer at Flowers Foods...


CEO Compensation Analysis

Compensation vs Market: A.'s total compensation ($USD5.09M) is about average for companies of similar size in the US market ($USD6.41M).

Compensation vs Earnings: A.'s compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: FLO's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: FLO's board of directors are considered experienced (6.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: FLO insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Flowers Foods, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Flowers Foods, Inc.
  • Ticker: FLO
  • Exchange: NYSE
  • Founded: 1919
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: US$6.116b
  • Shares outstanding: 211.39m
  • Website: https://www.flowersfoods.com

Number of Employees


Location

  • Flowers Foods, Inc.
  • 1919 Flowers Circle
  • Thomasville
  • Georgia
  • 31757
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 23:39
End of Day Share Price2022/01/19 00:00
Earnings2021/10/09
Annual Earnings2021/01/02


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.