Added to YB: 2024-09-03
Pitch date: 2024-09-01
FLO [bullish]
Flowers Foods, Inc.
-48.22%
current return
Author Info
Stock Pitckers Journey is the retired Director and COO of the Prudent Bear Funds. Sign up for the newsletter.
Company Info
Flowers Foods, Inc. produces and markets packaged bakery food products in the United States. The company’s principal products include fresh breads, buns, rolls, snack items, bagels, English muffins, and tortillas, as well as frozen breads and rolls under the Nature’s Own, Dave’s Killer Bread, Wonder, Canyon Bakehouse, Mrs.
Market Cap
$4.0B
Pitch Price
$21.28
Price Target
N/A
Dividend
5.10%
EV/EBITDA
8.24
P/E
16.09
EV/Sales
1.04
Sector
Food Products
Category
dividend
Almost a Utility - Flowers Foods - FLO
FLO: 20%+ US bread market share, 4% yield, 18x P/E. Plan: 1-2% sales growth, 4-6% EBITDA growth, 7-9% EPS growth via acquisitions/buybacks. Stable industry, expanding in organic/gluten-free. Aligned management owns $50-60M. Underappreciated by Wall Street (1 buy, 6 sell/hold). Author prefers over utilities due to growth potential without regulatory hurdles.
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