Analysts See $0.15 EPS for Farmer Brothers Co. (FARM)

September 4, 2017 - By Dolores Ford

 Analysts See $0.15 EPS for Farmer Brothers Co. (FARM)
Investors sentiment decreased to 0.75 in Q4 2016. Its down 0.43, from 1.18 in 2016Q3. It is negative, as 8 investors sold Farmer Brothers Co. shares while 40 reduced holdings. 10 funds opened positions while 26 raised stakes. 7.97 million shares or 1.39% less from 8.08 million shares in 2016Q3 were reported.
Strs Ohio owns 13,000 shares. Panagora Asset Mngmt Incorporated accumulated 3,885 shares. Wellington Mngmt Ltd Liability Partnership holds 821,299 shares. 85,925 are owned by Bancshares Of Ny Mellon. Vanguard Group has 0% invested in Farmer Brothers Co. (NASDAQ:FARM). Manufacturers Life Insur The has invested 0% in Farmer Brothers Co. (NASDAQ:FARM). Northern reported 141,601 shares or 0% of all its holdings. Aqr Cap Mngmt Lc owns 7,370 shares or 0% of their US portfolio. Independent Portfolio Consultants Inc has 290 shares for 0% of their portfolio. Teton reported 0.72% of its portfolio in Farmer Brothers Co. (NASDAQ:FARM). Zurcher Kantonalbank (Zurich Cantonalbank) invested 0% of its portfolio in Farmer Brothers Co. (NASDAQ:FARM). Bnp Paribas Arbitrage stated it has 0% in Farmer Brothers Co. (NASDAQ:FARM). Great West Life Assurance Can has invested 0% in Farmer Brothers Co. (NASDAQ:FARM). Fortaleza Asset invested in 3,990 shares or 0.31% of the stock. Goldman Sachs Gp Inc accumulated 5,522 shares.

Since March 10, 2017, it had 0 insider purchases, and 2 selling transactions for $11.51 million activity. The insider KEOWN MICHAEL H sold 12,000 shares worth $379,895. Waite Carol Farmer had sold 320,706 shares worth $11.13 million on Thursday, May 11.

Investors wait Farmer Brothers Co. (NASDAQ:FARM) to report on September, 11. its quarterly earnings Wall Street analysts expect $0.15 earnings per share, down $0.08 or 34.78 % from last year’s $0.23 same quarter earnings. This translates into $2.53 million profit for FARM giving the stock a 57.08 P/E. This is assuming the current $0.15 EPS is accurate. Farmer Brothers Co.’s Wall Street analysts see -11.76 % negative EPS growth, taking into account the $0.17 EPS reproted in the previous quarter, The stock increased 5.22% or $1.7 on September 1, reaching $34.25. About 81,643 shares traded or 27.79% up from the average. Farmer Brothers Co. (NASDAQ:FARM) has risen 11.98% since September 4, 2016 and is uptrending. It has underperformed by 4.72% the S&P500.

Farmer Bros. Co. is a national coffee roaster, wholesaler and distributor of coffee, tea and culinary products. The company has market cap of $576.93 million. The Firm offers private brand and consumer-branded coffee products to small independent restaurants and foodservice operators, and institutional buyers. It has a 5.32 P/E ratio. The Company’s product line includes organic, Direct Trade, Direct Trade Verified Sustainable coffees and other coffees, iced and hot teas, cappuccino, spices, and baking/biscuit mixes.

More notable recent Farmer Brothers Co. (NASDAQ:FARM) news were published by: Globenewswire.com which released: “Farmer Bros. Co. Announces Executive Management Changes” on February 17, 2017, also Seekingalpha.com with their article: “Farmer Brothers (FARM) Farmer Brothers’ Announcement to Acquire the Business …” published on August 28, 2017, Globenewswire.com published: “Farmer Bros. Co. to Report Second Quarter Fiscal 2017 Financial Results” on January 25, 2017. More interesting news about Farmer Brothers Co. (NASDAQ:FARM) were released by: Star-Telegram.com and their article: “Shareholders back company directors in Farmer Brothers family feud” published on December 08, 2016 as well as Globenewswire.com‘s news article titled: “Farmer Bros. Co. Announces Guenter W. Berger and Hamideh Assadi Will Not Seek …” with publication date: April 24, 2017.

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