Flowers Foods, Inc. produces and markets bakery products in the United States.
Adequate balance sheet average dividend payer.
Share Price & News
How has Flowers Foods's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FLO has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FLO underperformed the US Food industry which returned 10.2% over the past year.
Return vs Market: FLO underperformed the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is Flowers Foods's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDoes Flowers Foods's (NYSE:FLO) Statutory Profit Adequately Reflect Its Underlying Profit?
3 weeks ago | Simply Wall StUpdate: Flowers Foods (NYSE:FLO) Stock Gained 13% In The Last Year
1 month ago | Simply Wall StThree Things You Should Check Before Buying Flowers Foods, Inc. (NYSE:FLO) For Its Dividend
Is Flowers Foods undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FLO ($22.52) is trading below our estimate of fair value ($27.59)
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 (29x) compared to the Food industry average (25.5x).
PE vs Market: FLO is poor value based on its PE Ratio (29x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: FLO is poor value based on its PEG Ratio (4.4x)
Price to Book Ratio
PB vs Industry: FLO is overvalued based on its PB Ratio (3.8x) compared to the US Food industry average (2x).
How is Flowers Foods forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FLO's forecast earnings growth (6.7% per year) is above the savings rate (1.7%).
Earnings vs Market: FLO's earnings (6.7% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: FLO's earnings are forecast to grow, but not significantly.
Revenue vs Market: FLO's revenue (1.2% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: FLO's revenue (1.2% 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 (17.7%).
How has Flowers Foods performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FLO has high quality earnings.
Growing Profit Margin: FLO's current net profit margins (4%) are lower than last year (4%).
Past Earnings Growth Analysis
Earnings Trend: FLO's earnings have declined by -2% per year over the past 5 years.
Accelerating Growth: FLO's earnings growth over the past year (4.2%) exceeds its 5-year average (-2% per year).
Earnings vs Industry: FLO earnings growth over the past year (4.2%) exceeded the Food industry -6.2%.
Return on Equity
High ROE: FLO's Return on Equity (13%) is considered low.
Return on Assets
Return on Capital Employed
How is Flowers Foods's financial position?
Financial Position Analysis
Short Term Liabilities: FLO's short term assets ($553.9M) exceed its short term liabilities ($528.1M).
Long Term Liabilities: FLO's short term assets ($553.9M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: FLO's debt to equity ratio (68.6%) is considered high.
Reducing Debt: FLO's debt to equity ratio has reduced from 69.5% to 68.6% over the past 5 years.
Debt Coverage: FLO's debt is well covered by operating cash flow (42.3%).
Interest Coverage: FLO's interest payments on its debt are well covered by EBIT (24.8x coverage).
Inventory Level: FLO has a high level of physical assets or inventory.
Debt Coverage by Assets: FLO's debt is not covered by short term assets (assets are 0.6x debt).
What is Flowers Foods's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: FLO's dividend (3.37%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: FLO's dividend (3.37%) is low compared to the top 25% of dividend payers in the US market (3.69%).
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: With its high payout ratio (96.6%), FLO's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FLO's dividends in 3 years are forecast to be covered by earnings (72.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
A. McMullian (49yo)
Mr. A. Ryals McMullian, Jr., is President and Chief Executive Officer of Flowers Foods, Inc. since May 23, 2019 and has been its Director since August 16, 2019. He served as Chief Operating Officer at Flow ...
|CFO & Chief Administrative Officer||12.4yrs||US$754.44k||0.16% $7.4m|
|Chief Operating Officer||0.8yrs||US$717.45k||0.15% $7.2m|
|Chief Sales Officer||2.8yrs||US$573.76k||0.028% $1.3m|
|President||0.8yrs||no data||0.36% $17.0m|
|Senior VP & Chief Accounting Officer||13.1yrs||no data||0.085% $4.0m|
|Chief Information Officer||0yrs||no data||no data|
|Treasurer and VP of Investor Relations & Financial Analysis||3.6yrs||no data||no data|
|Chief Legal Counsel||0.08yrs||no data||0.0052% $246.3k|
|Senior Vice President of Communications & Corporate Responsibility||3.6yrs||no data||no data|
|Chief Marketing Officer||2.3yrs||no data||0.0015% $71.9k|
Experienced Management: FLO's management team is considered experienced (2.8 years average tenure).
|President||0.8yrs||no data||0.36% $17.0m|
|Non-Executive Chairman of The Board||5.2yrs||US$647.48k||1.51% $72.2m|
|Independent Director||5.1yrs||US$252.50k||0.037% $1.8m|
|Independent Director||10.1yrs||US$245.00k||0.046% $2.2m|
|Independent Director||18.9yrs||US$332.10k||3.68% $175.1m|
|Independent Director||15.6yrs||US$230.00k||0.021% $1.0m|
|Presiding Director||7.1yrs||US$260.00k||0.16% $7.4m|
|Independent Director||5.8yrs||US$244.12k||0.017% $822.1k|
|Independent Director||4.1yrs||US$244.67k||0.0049% $234.8k|
Experienced Board: FLO's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Flowers Foods, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Flowers Foods, Inc.
- Ticker: FLO
- Exchange: NYSE
- Founded: 1919
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: US$4.763b
- Shares outstanding: 211.51m
- Website: https://www.flowersfoods.com
Number of Employees
- Flowers Foods, Inc.
- 1919 Flowers Circle
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FLO||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Mar 2001|
|FWF||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Mar 2001|
Flowers Foods, Inc. produces and markets bakery products in the United States. The company operates through two segments, Direct-Store-Delivery and Warehouse Delivery. The Direct-Store-Delivery segment produces and markets fresh breads, buns, rolls, tortillas, and snack cakes. This segment offers its products primarily under the Nature’s Own, Dave’s Killer Bread, Tastykake, Wonder, and Cobblestone Bread Company brand names. It operates 39 bakeries, as well as sells its products primarily through a network of independent distributors to retail and foodservice customers. The Warehouse Delivery segment produces snack cakes, frozen breads, and rolls for national retail, foodservice, vending, and co-pack customers through a network of warehouse channels. This segment markets its products under the Mrs. Freshley’s, Alpine Valley Bread, and European Bakers brands. It also sells products under franchised and licensed trademarks and trade names, such as Sunbeam, Bunny, and Sara Lee. The company was formerly known as Flowers Industries and changed its name to Flowers Foods, Inc. in 2001. Flowers Foods, Inc. was founded in 1919 and is headquartered in Thomasville, Georgia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 23:40|
|End of Day Share Price||2020/02/14 00:00|
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.