During the last session, Farmer Bros. Co (NASDAQ:FARM)’s traded shares were 0.33 million, with the beta value of the company hitting 1.62. At the end of the trading day, the stock’s price was $2.26, reflecting an intraday loss of -7.00% or -$0.17. The 52-week high for the FARM share is $3.76, that puts it down -66.37 from that peak though still a striking 29.2% gain since the share price plummeted to a 52-week low of $1.60. The company’s market capitalization is $48.26M, and the average intraday trading volume over the past 10 days was 0.2 million shares, and the average trade volume was 770.73K shares over the past three months.
Farmer Bros. Co (FARM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. FARM has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.1.
Farmer Bros. Co (NASDAQ:FARM) trade information
Farmer Bros. Co (FARM) registered a -7.00% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -7.00% in intraday trading to $2.26, hitting a weekly high. The stock’s 5-day price performance is 2.73%, and it has moved by -24.67% in 30 days. Based on these gigs, the overall price performance for the year is -34.49%. The short interest in Farmer Bros. Co (NASDAQ:FARM) is 0.13 million shares and it means that shorts have 0.22 day(s) to cover.
Farmer Bros. Co (FARM) estimates and forecasts
In the rating firms’ projections, revenue will increase 2.95% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 88.99M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 87.06M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 85.36M and 84.4M respectively. In this case, analysts expect current quarter sales to grow by 4.26% and then jump by 3.15% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 46.82%. While earnings are projected to return -147.37% in 2025.
FARM Dividends
Farmer Bros. Co is due to release its next quarterly earnings on 2025-Feb-05. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 2.36%.
Farmer Bros. Co (NASDAQ:FARM)’s Major holders
Farmer Bros. Co insiders own 23.73% of total outstanding shares while institutional holders control 42.24%, with the float percentage being 55.37%. 22NW, LP is the largest shareholder of the company, while 56.0 institutions own stock in it. As of 2024-06-30, the company held over 1.96 million shares (or 9.3686% of all shares), a total value of $5.24 million in shares.
The next largest institutional holding, with 0.99 million shares, is of JCP INVESTMENT MANAGEMENT, LLC’s that is approximately 4.7564% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.66 million.
Also, the Mutual Funds coming in first place with the largest holdings of Farmer Bros. Co (FARM) shares are EQ Advisors Trust-1290 VT GAMCO Small Company Value Portfolio and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . Data provided on Dec 31, 2024 indicates that EQ Advisors Trust-1290 VT GAMCO Small Company Value Portfolio owns about 595.0 shares. This amounts to just over 2.79 percent of the company’s overall shares, with a $1.34 million market value. The same data shows that the other fund manager holds slightly less at 511.92, or about 2.40% of the stock, which is worth about $1.16 million.
