In the last trading session, 1.54 million Farmer Bros. Co (NASDAQ:FARM) shares changed hands as the company’s beta touched 1.91. With the company’s per share price at $3.04 changed hands at $0.44 or 16.92% during last session, the market valuation stood at $64.92M. FARM’s last price was a discount, traded about -26.97% off its 52-week high of $3.86. The share price had its 52-week low at $1.60, which suggests the last value was 47.37% up since then.
Analysts gave the Farmer Bros. Co (FARM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended FARM as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Farmer Bros. Co’s EPS for the current quarter is expected to be -0.1.
Farmer Bros. Co (NASDAQ:FARM) trade information
Instantly FARM was in green as seen at the end of in last trading. With action 44.76%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 68.89%, with the 5-day performance at 44.76% in the green. However, in the 30-day time frame, Farmer Bros. Co (NASDAQ:FARM) is 79.88% up.
Farmer Bros. Co (FARM) estimates and forecasts
Year-over-year growth is forecast to reach 2.95% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 88.99M. 2 analysts are of the opinion that Farmer Bros. Co’s revenue for the current quarter will be 87.06M. The company’s revenue for the corresponding quarters a year ago was 85.36M and 84.4M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 4.26%. The estimates for the next quarter sales put growth at 3.15%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 46.82%. The 2025 estimates are for Farmer Bros. Co earnings to decrease by -147.37%.
Farmer Bros. Co (NASDAQ:FARM)’s Major holders
JCP INVESTMENT MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 4.7564% or 0.99 million shares worth $2.66 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were EQ Advisors Trust-1290 VT Gamco Small Company Value Port and Vanguard Total Stock Market Index Fund. With 587.0 shares estimated at $1.78 million under it, the former controlled 2.75% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.40% of the shares, roughly 511.92 shares worth around $1.56 million.
