Flowers Foods Intrinsic Stock Value – Wellington Shields Capital Management LLC Increases Stake in Flowers Foods, Inc
June 24, 2023
🌥️Trending News
Wellington Shields Capital Management LLC recently increased their holdings in Flowers Foods ($NYSE:FLO), Inc., a packaged baked goods manufacturer and distributor operating in the United States. Flowers Foods has a product portfolio that includes well-known brands such as Nature’s Own, Wonder, Tastykake, Dave’s Killer Bread, and Canyon Bakehouse. The company is headquartered in Thomasville, Georgia, and serves retail and foodservice customers throughout the country.
This has been largely attributed to their successful expansion of their snack cakes and organic breads, as well as their efforts to fuel growth by diversifying their product offerings. With the increased demand for their products and their strong financial outlook, the outlook for Flowers Foods remains bright.
Price History
The stock opened at $24.6 and closed at the same price, up from its previous closing price. This increase in shares marks another positive step for the company, which has seen its stock rise steadily over the past few months. The news of Wellington Shields Capital Management LLC’s increased stake in Flowers Foods, Inc is likely to be welcomed by shareholders and investors alike, as the company continues to grow and expand its presence in the food industry. With strong leadership and a commitment to quality products, Flowers Foods has established itself as one of the leading producers of baked goods in the United States.
In addition, Flowers Foods has also become a major supplier to many retailers and restaurants, which has further helped fuel its growth. With this latest news of Wellington Shields Capital Management LLC’s increased stake in Flowers Foods, Inc, the company now looks set to build upon its recent successes and make further strides in the food industry. As such, investors should keep an eye on Flowers Foods as it continues to grow and develop its brand. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Flowers Foods. More…
| Total Revenues | Net Income | Net Margin |
| 4.81k | 228.39 | 4.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Flowers Foods. More…
| Operations | Investing | Financing |
| 360.89 | -151.09 | -222.17 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Flowers Foods. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.31k | 1.87k | 6.84 |
Key Ratios Snapshot
Some of the financial key ratios for Flowers Foods are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.2% | 7.7% | 6.8% |
| FCF Margin | ROE | ROA |
| 4.0% | 14.2% | 6.2% |
Analysis – Flowers Foods Intrinsic Stock Value
At GoodWhale, we recently conducted an assessment of FLOWERS FOODS‘s wellbeing. After taking into account various factors, we believe the fair value of the FLOWERS FOODS share is around $27.2, which was calculated using our proprietary Valuation Line. However, at the moment FLOWERS FOODS stock is being traded at $24.6, meaning it is currently undervalued by around 9.5%. More…
Peers
Flowers Foods Inc is one of the leading producers of packaged bakery products in the United States. The company’s principal competitors are J&J Snack Foods Corp, MamaMancini’s Holdings Inc, and Bridgford Foods Corp.
– J&J Snack Foods Corp ($NASDAQ:JJSF)
J&J Snack Foods Corp is a publicly traded company with a market capitalization of $2.66 billion as of March 2022. The company manufactures and markets snack foods and beverages. Its products include ice cream, frozen desserts, cookies, crackers, pretzels, and other snacks. J&J Snack Foods Corp has a return on equity of 5.74%.
J&J Snack Foods Corp was founded in 1971 and is headquartered in Pennsauken, New Jersey. The company operates through three segments: Food Service, Retail, and International. The Food Service segment provides products to foodservice customers, including restaurants, schools, and other institutions. The Retail segment sells products to retail grocery and mass merchandiser customers. The International segment consists of sales to customers located outside of the United States.
– MamaMancini’s Holdings Inc ($NASDAQ:MMMB)
MamaMancini’s Holdings Inc is a food company that specializes in the production of Italian-style foods, such as meatballs, sausages, and pasta sauce. The company has a market cap of $39.22 million and a return on equity of -14.63%. MamaMancini’s Holdings Inc is a publicly traded company on the Nasdaq Stock Market under the ticker symbol “MMMB.”
– Bridgford Foods Corp ($NASDAQ:BRID)
Bridgford Foods Corporation is a food company that specializes in the manufacture and sale of frozen and refrigerated food products. The company has a market capitalization of 115.55 million as of 2022 and a return on equity of 46.05%. Bridgford Foods Corporation’s products include breads, rolls, biscuits, snacks, and other frozen and refrigerated foods. The company operates in the United States and Canada.
Summary
Wellington Shields Capital Management LLC recently increased its holdings in Flowers Foods, Inc., a major producer and marketer of packaged bakery foods in the United States. This move could be seen as a show of confidence in Flowers Foods, as it suggests that Wellington Shield believes the company’s stock will continue to rise. Analysts are encouraged by the fact that Flowers Foods is a consistent performer in the bakery food market, showing steady growth in revenues and profits.
Furthermore, the company is well positioned to capitalize on current trends such as snacking and convenience food. With a solid financial position and strong management, Flowers Foods looks set to remain a key player in the industry.
