In last trading session, Farmer Bros. Co (NASDAQ:FARM) saw 0.4 million shares changing hands with its beta currently measuring 1.74. Company’s recent per share price level of $2.13 trading at $0.3 or 16.39% at ring of the bell on the day assigns it a market valuation of $45.30M. That closing price of FARM’s stock is at a discount of -89.67% from its 52-week high price of $4.04 and is indicating a premium of 21.6% from its 52-week low price of $1.67. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 91250.0 shares which gives us an average trading volume of 73.21K if we extend that period to 3-months.
For Farmer Bros. Co (FARM), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.24 in the current quarter.
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Farmer Bros. Co (NASDAQ:FARM) trade information
Upright in the green during last session for gaining 16.39%, in the last five days FARM remained trading in the green while hitting it’s week-highest on Friday, 11/08/24 when the stock touched $2.13 price level, adding 0.93% to its value on the day. Farmer Bros. Co’s shares saw a change of -30.39% in year-to-date performance and have moved 15.14% in past 5-day. Farmer Bros. Co (NASDAQ:FARM) showed a performance of 11.52% in past 30-days. Number of shares sold short was 63654.0 shares which calculate 0.69 days to cover the short interests.
Farmer Bros. Co (FARM) estimates and forecasts
Statistics highlight that Farmer Bros. Co is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -33.64% of value to its shares in past 6 months, showing an annual growth rate of -23.21% while that of industry is 1.30. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 2.80% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 85.07M for the same. And 2 analysts are in estimates of company making revenue of 90.01M in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 46.82% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -215.79% while estimates for its earnings growth in next 5 years are of 10.00%.
Farmer Bros. Co (NASDAQ:FARM)’s Major holders
Insiders are in possession of 17.10% of company’s total shares while institution are holding 42.14 percent of that, with stock having share float percentage of 50.84%. Investors also watch the number of corporate investors in a company very closely, which is 42.14% institutions for Farmer Bros. Co that are currently holding shares of the company. 22NW, LP is the top institutional holder at FARM for having 1.96 million shares of worth $5.24 million. And as of 2024-06-30, it was holding 9.2658 of the company’s outstanding shares.
The second largest institutional holder is JCP INVESTMENT MANAGEMENT, LLC, which was holding about 0.99 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.7043 of outstanding shares, having a total worth of $2.66 million.
