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Added to YB: 2024-07-10

Pitch date: 2024-07-08

FARM [bullish]

Farmer Bros. Co.

-42.53%

current return

Author Info

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

$2.61

Price Target

7.00 (+367%)

Dividend

N/A

EV/EBITDA

2.66

P/E

-2.30

EV/Sales

0.24

Sector

Food Products

Category

turnaround

Show full summary:
Farmer Bros. Co. - $FARM

FARM: Coffee distributor sold low-margin DS biz, cleaned balance sheet. DSD segment recovering w/ 40% GM. Guiding FCF+ early FY25. New CEO w/ $6 stock price incentive. $7 PT based on 8x EBITDA, 5% margin on $350M rev. Risks: High coffee prices, declining volumes. Activist investors involved.

Read full article (7 min)