Farmer Bros. Co (NASDAQ:FARM) has a beta value of 1.92 and has seen 0.29 million shares traded in the last trading session. The company, currently valued at $42.06M, closed the last trade at $1.97 per share which meant it lost -$0.13 on the day or -6.19% during that session. The FARM stock price is -95.94% off its 52-week high price of $3.86 and 18.78% above the 52-week low of $1.60. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.21 million shares traded. The 3-month trading volume is 581.73K shares.
The consensus among analysts is that Farmer Bros. Co (FARM) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.1.
Farmer Bros. Co (NASDAQ:FARM) trade information
Sporting -6.19% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the FARM stock price touched $1.97 or saw a rise of 16.53%. Year-to-date, Farmer Bros. Co shares have moved 9.44%, while the 5-day performance has seen it change -9.63%. Over the past 30 days, the shares of Farmer Bros. Co (NASDAQ:FARM) have changed 20.12%. Short interest in the company has seen 81640.0 shares shorted with days to cover at 1.75.
Farmer Bros. Co (FARM) estimates and forecasts
The company’s shares have lost -21.51% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 2.95%.
2 analysts offering their estimates for the company have set an average revenue estimate of 88.99M for the current quarter. 2 have an estimated revenue figure of 87.06M for the next ending quarter. Year-ago sales stood 85.36M and 84.4M respectively for this quarter and the next, and analysts expect sales will grow by 4.26% for the current quarter and 2.95% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 46.82% over the past 5 years.
FARM Dividends
Farmer Bros. Co is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Farmer Bros. Co (NASDAQ:FARM)’s Major holders
Insiders own 17.04% of the company shares, while shares held by institutions stand at 42.25% with a share float percentage of 50.93%. Investors are also buoyed by the number of investors in a company, with Farmer Bros. Co having a total of 56.0 institutions that hold shares in the company. The top two institutional holders are 22NW, LP with over 1.96 million shares worth more than $5.24 million. As of 2024-06-30, 22NW, LP held 9.3686% of shares outstanding.
The other major institutional holder is JCP INVESTMENT MANAGEMENT, LLC, with the holding of over 0.99 million shares as of 2024-06-30. The firm’s total holdings are worth over $2.66 million and represent 4.7564% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are EQ Advisors Trust-1290 VT Gamco Small Company Value Port and Vanguard Total Stock Market Index Fund. As of Sep 30, 2024 , the former fund manager holds about 2.75% shares in the company for having 587.0 shares of worth $1.16 million while later fund manager owns 511.92 shares of worth $1.01 million as of Sep 30, 2024 , which makes it owner of about 2.40% of company’s outstanding stock.
