Professional
Added to YB: 2024-02-29
Pitch date: 2024-02-28
FARM [neutral]
Farmer Bros. Co.
-58.1%
current return
Author Info
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Company Info
Farmer Bros. Co. engages in roasting, wholesaling, equipment servicing, and distributing coffee, tea, and other allied products in the United States.
Market Cap
$31.3M
Pitch Price
$3.58
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.66
P/E
-2.30
EV/Sales
0.24
Sector
Food Products
Category
turnaround
Pernas Research Passes on Farmer Bros. - $FARM
FARM ($3.59): $76M mkt cap coffee supplier for 40K+ businesses. Divested low-margin biz, new mgmt seems capable but major operational improvements needed for sustained profits & leverage. Hard to gauge mgmt's ability to execute on overhaul.
Read full article (1 min)