Flowers Foods, Inc. (FLO)

Flowers Foods Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Flowers Foods stock have an average target of 23.67, with a low estimate of 23 and a high estimate of 25. The average target predicts an increase of 6.48% from the current stock price of 22.23.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$23	$23.67	$23	$25
Change	+3.46%	+6.48%	+3.46%	+12.46%

* Price targets were last updated on May 17, 2024.

Analyst Ratings

The average analyst rating for Flowers Foods stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	4	4	4	4	4	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brian Holland DA Davidson	DA Davidson	Hold Maintains $24 → $25	Hold	Maintains	$24 → $25	+12.46%	May 17, 2024
Steve Powers Deutsche Bank	Deutsche Bank	Hold Maintains $22 → $23	Hold	Maintains	$22 → $23	+3.46%	May 9, 2024
Brian Holland DA Davidson	DA Davidson	Hold Initiates $24	Hold	Initiates	$24	+7.96%	Mar 1, 2024
Bill Chappell Truist Securities	Truist Securities	Hold Maintains $25 → $23	Hold	Maintains	$25 → $23	+3.46%	Nov 13, 2023
Tim Perz Stephens & Co.	Stephens & Co.	Hold Reiterates $25	Hold	Reiterates	$25	+12.46%	Aug 11, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

5.19B

Increased by 1.93%

from 5.09B

Revenue Next Year

5.28B

Increased by 1.73%

from 5.19B

EPS This Year

1.26

Increased by 117.54%

from 0.58

EPS Next Year

1.32

Increased by 4.83%

from 1.26

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 28, 2019	Jan 2, 2021	Jan 1, 2022	Dec 31, 2022	Dec 30, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	4.12B	4.39B	4.33B	4.81B	5.09B	5.19B	5.28B	5.33B
Revenue Growth	4.36%	6.40%	-1.30%	10.97%	5.93%	1.93%	1.73%	0.87%
EPS	0.78	0.72	0.97	1.07	0.58	1.26	1.32	1.36
EPS Growth	5.08%	-7.50%	34.87%	10.31%	-45.79%	117.54%	4.83%	2.80%
Forward PE	-	-	-	-	-	17.62	16.81	16.35
No. Analysts	-	-	-	-	-	9	9	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	5.4B	5.6B	5.6B
Avg	5.2B	5.3B	5.3B
Low	5.0B	5.1B	5.1B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	6.1%	7.0%	5.5%
Avg	1.9%	1.7%	0.9%
Low	-1.2%	-1.9%	-2.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	1.32	1.44	1.47
Avg	1.26	1.32	1.36
Low	1.22	1.23	1.25

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	128.1%	14.0%	11.1%
Avg	117.5%	4.8%	2.8%
Low	109.5%	-2.9%	-5.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.