10,700 Shares of Flowers Foods, Sold by Handelsbanken Fonder AB
January 15, 2023
Trending News ☀️
Flowers Foods ($NYSE:FLO), Inc. is a leading producer of packaged bakery foods in the United States. The company’s portfolio of products includes: Nature’s Own, Dave’s Killer Bread, Tastykake, Wonder, Cobblestone Bread Co., Home Pride, and much more. Recently, Flowers Foods, Inc. has had 10,700 of its shares sold by Handelsbanken Fonder AB. Handelsbanken Fonder AB is a Swedish-based mutual fund and pension fund manager with global investments in various industries.
This is an indication of the company’s positive performance and financial health. It’s unclear why Handelsbanken Fonder AB decided to sell their shares of Flowers Foods, Inc., but it could be due to the company’s recent success or as part of Handelsbanken Fonder AB’s long-term investment strategy. Whatever the reason may be, it’s clear that investors are confident in Flowers Foods Inc.’s future prospects.
Price History
So far, news coverage of the sale has been mostly positive. The stock opened at $28.0 and closed at $27.8, down by 0.3% from the prior closing price of $27.9. This indicates that investors are still positive about Flowers Foods’ prospects in the coming months. The company’s products include Nature’s Own, Dave’s Killer Bread, Wonder, Tastykake, and Mrs. Freshley’s.
However, investors remain optimistic about the company’s performance due to its strong fundamentals. The company has also posted four consecutive quarters of positive earnings growth, which is reassuring for investors. However, investors remain confident in the company’s future due to its strong fundamentals and positive earnings growth. Therefore, investors should keep an eye on the stock in the coming months to see if it can continue its positive momentum. 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 |
| 4.71k | 219.12 | 4.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Flowers Foods. More…
| Operations | Investing | Financing |
| 320.92 | -228.98 | -218.35 |
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 |
| 3.34k | 1.91k | 6.8 |
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 |
| 4.8% | 4.4% | 6.7% |
| FCF Margin | ROE | ROA |
| 1.7% | 13.7% | 5.9% |
VI Analysis
FLOWERS FOODS is rated as a low-risk investment when it comes to financial and business aspects. This evaluation is based on the company’s fundamentals, which reflect its long-term potential. With the help of the VI app, investors can easily gain insight into the company’s overall performance and make an informed decision about whether it is worth investing in. The app offers a comprehensive analysis of the company’s financials, such as cash flow, balance sheet, and income statement. Additionally, it provides a risk rating that takes into account various factors such as the company’s debt-to-equity ratio, current ratio, and debt load. This rating helps investors to understand the potential risks associated with investing in FLOWERS FOODS. Furthermore, VI app also provides users with an in-depth look at the company’s business operations. It provides information on different aspects such as market share, customer base, and competitive landscape. This helps investors to gain an understanding of the company’s competitive advantage and its market position. By becoming a registered user of the VI app, investors can stay up-to-date with the latest information about FLOWERS FOODS and any potential risks associated with investing in the company. This information helps them to make an informed decision about their investments. More…
VI 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
Flowers Foods, Inc. is a leading producer of packaged bakery goods in the United States. The company offers a variety of products such as breads, rolls, snack cakes, bagels, and breakfast pastries. Flowers Foods has a strong presence in the U.S. market, with a broad customer base that includes both retail and foodservice customers. The company’s shares have recently been sold by Handelsbanken Fonder AB, and the news coverage has so far been mostly positive. For investors looking to enter the stock, Flowers Foods offers a solid option with potential for long-term growth.
The company has a strong financial position, with an impressive revenue track record and dividend payout history. Moreover, Flowers Foods’ products are consistently in demand and have been shown to have strong brand loyalty. As such, it could be an attractive choice for investors looking for more stability and a safer entry into the markets.
Related Posts
Recent Posts
