Professional
Added to YB: 2021-05-10
Pitch date: 2021-05-10
FARM [bullish]
Farmer Bros. Co.
-82.37%
current return
Author Info
No bio for this author
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
$8.51
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.66
P/E
-2.30
EV/Sales
0.24
Sector
Food Products
Category
turnaround
Choice Equities Capital holding: Farmer Brothers, Inc. (FARM)
FARM: 100-year-old coffee roaster turned around by new CEO Maserang (ex-Starbucks). Pandemic accelerated cost cuts & facility upgrades. HighJump handheld devices for delivery reps to boost sales & cut costs. New SKUs like High Brew. Depressed price from Russell 2000 exit. Meaningful profit improvement possible in coming years.
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