Media headlines about Bob Evans Farms (NASDAQ:BOBE) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bob Evans Farms earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave news headlines about the restaurant operator an impact score of 47.9042845748372 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
- Bob Evans Farms, Inc. breached its 50 day moving average in a Bullish Manner : BOBE-US : September 13, 2017 (finance.yahoo.com)
- Minutes to the Table: Bob Evans Farms Teams Up with Country Music Artist and Home Chef Martina McBride (finance.yahoo.com)
- Bob Evans Farms, Inc. (BOBE) Upgraded to Buy at Zacks Investment Research (americanbankingnews.com)
- Sotheby’s (BID) noted a price change of -1.22% and Bob Evans … – Stocks Gallery (stocksgallery.com)
- Bob Evans Farms, Inc. (BOBE) Given Hold Rating at Oppenheimer Holdings Inc. (americanbankingnews.com)
A number of research analysts have recently weighed in on BOBE shares. Zacks Investment Research upgraded Bob Evans Farms from a “hold” rating to a “buy” rating and set a $77.00 target price on the stock in a report on Wednesday. Oppenheimer Holdings, Inc. restated a “hold” rating and issued a $72.00 target price on shares of Bob Evans Farms in a report on Friday, September 8th. Maxim Group restated a “buy” rating and issued a $77.00 target price on shares of Bob Evans Farms in a report on Wednesday, August 30th. Sidoti initiated coverage on Bob Evans Farms in a report on Wednesday, August 23rd. They set a “neutral” rating and a $76.00 price target on the stock. Finally, BidaskClub upgraded Bob Evans Farms from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Bob Evans Farms has an average rating of “Buy” and a consensus target price of $74.77.
Bob Evans Farms (NASDAQ:BOBE) opened at 69.76 on Thursday. The stock has a 50 day moving average price of $66.88 and a 200 day moving average price of $66.60. The stock has a market capitalization of $1.39 billion, a PE ratio of 11.32 and a beta of 0.55. Bob Evans Farms has a 12 month low of $36.88 and a 12 month high of $75.34.
Bob Evans Farms (NASDAQ:BOBE) last released its earnings results on Wednesday, August 30th. The restaurant operator reported $0.37 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.37. The company had revenue of $109.30 million for the quarter, compared to analyst estimates of $102.29 million. Bob Evans Farms had a net margin of 19.49% and a return on equity of 19.52%. The firm’s quarterly revenue was up 27.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.48 EPS. On average, equities research analysts forecast that Bob Evans Farms will post $2.23 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, September 18th. Shareholders of record on Monday, September 4th will be issued a dividend of $0.34 per share. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $1.36 dividend on an annualized basis and a yield of 1.95%. Bob Evans Farms’s dividend payout ratio (DPR) is presently 22.08%.
In other news, SVP Thomas Alan Ashworth sold 7,100 shares of the firm’s stock in a transaction on Thursday, June 22nd. The shares were sold at an average price of $70.70, for a total value of $501,970.00. Following the sale, the senior vice president now directly owns 4,367 shares in the company, valued at approximately $308,746.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.20% of the stock is owned by corporate insiders.
Bob Evans Farms Company Profile
Bob Evans Farms, Inc (Bob Evans) is a producer and distributor of refrigerated potato, pasta and vegetable-based side dishes, pork sausage, and a variety of refrigerated and frozen food items under the Bob Evans and Owens or Country Creek brand names. The Company’s food products are distributed to customers throughout the United States.
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