Bob Evans Farms, Inc. (NasdaqGS:BOBE) Profitability in Focus


Bob Evans Farms, Inc. (NasdaqGS:BOBE) Profitability in Focus

Checking in on the numbers for Bob Evans Farms Inc (BOBE), we have recently seen that the +DI is higher than the -DI. (NASDAQ:BOBE) was downgraded by equities research analysts at William Blair from an "outperform" rating to a "market perform" rating in a report issued on Friday. The stock after showing 7.10% change, from opening, closed at $46.13 by scoring -0.15%.

BOBE has been the topic of several other research reports.

Bob Evans also has a growing foodservice business, representing approximately 35% of volume. Presently, Bob Evans Farms Inc (BOBE) has a 14-day Commodity Channel Index (CCI) of 132.89. BidaskClub lowered Bob Evans Farms from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, July 12th. The mean target price as estimated by the analysts for the company has been recorded at $75.75. Two brokerages rating the company a strong buy, zero brokerages rating the company a buy, two brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $55.00. The average 1-year price target for (SBUX) reveals an average price target of $64.09 per share. Oppenheimer Holdings, reiterated a "market perform" recommendation and given a $77.00 target price on the stock of Bob Evans Farms in a note on Mon, Jun 5th. Vitale said Post sees opportunities for further organic growth as well as opportunities to expand distribution and innovation in the space, with expectations that the category and Bob Evans could see high single-digit growth.

The company is up by 0.01% percent from yesterday's close. The company's 50 day moving average price is $67.41 and its 200 day moving average price is $67.17. Maxim Group reiterated a "buy" rating and set a $77.00 target price on shares of Bob Evans Farms in a research note on Wednesday, August 30th. The restaurant operator reported $0.37 EPS for the quarter, meeting the Zacks' consensus estimate of $0.37.

12/03/2015 - Bob Evans Farms, Inc. was upgraded to "equal weight" by analysts at Stephens. The firm had revenue of $109.30 million for the quarter, compared to analyst estimates of $102.29 million. Past 5 years growth of the company observed at 2.11%, and for the next five years the analysts that follow the company are expecting its growth at 11%. Starbucks Corporation (NASDAQ:SBUX) earnings have risen with a quarterly rate of 12.7% over the last 5 years. On average, analysts anticipate that Bob Evans Farms will post $2.18 EPS for the current year.

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As of late the company also announced dividend for the quarter, to be paid on early Mon, Sep 18th. The dividend yield was $1.89. The ex-dividend date of this dividend was Wednesday, August 30th. Finally, Creative Planning boosted its stake in shares of Bob Evans Farms by 65.4% in the 2nd quarter. Total debt to equity ratio of the company for most recent quarter is 0.52 whereas long term debt to equity ratio for most recent quarter is 0.52. Flinton Capital Management LLC now owns 1,408 shares of the restaurant operator's stock worth $101,000 after acquiring an additional 528 shares during the period. Public Employees Retirement System of OH lifted its stake in shares of Bob Evans Farms by 0.8% in the second quarter. Ameritas Investment Partners Inc. acquired a new position in shares of Bob Evans Farms in the 1st quarter worth approximately $105,000.

Bob Evans Farms, Inc (Bob Evans) is a producer and distributor of refrigerated potato, pasta and vegetable-based side dishes, pork sausage, and a variety of refrigerated and frozen food items under the Bob Evans and Owens or Country Creek brand names.