Several analysts have recently updated their ratings and price targets for Farmer Brothers (NASDAQ: FARM):
Farmer Brothers Co. (NASDAQ:FARM) traded down 0.14% during midday trading on Friday, hitting $36.30. 15,585 shares of the stock traded hands. The stock has a market cap of $601.20 million, a PE ratio of 6.56 and a beta of 1.12. Farmer Brothers Co. has a 12 month low of $24.04 and a 12 month high of $37.55. The company has a 50-day moving average of $32.85 and a 200-day moving average of $31.74.
Farmer Brothers (NASDAQ:FARM) last issued its quarterly earnings data on Monday, November 7th. The company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by $0.05. Farmer Brothers had a net margin of 17.10% and a return on equity of 13.48%. The company had revenue of $130.50 million for the quarter, compared to the consensus estimate of $136.23 million. During the same period in the previous year, the business earned $0.25 EPS. Farmer Brothers’s revenue for the quarter was down 2.2% compared to the same quarter last year. On average, equities research analysts anticipate that Farmer Brothers Co. will post $1.05 earnings per share for the current year.