Wall street estimates Earnings report Farmer Bros (NASDAQ:FARM)

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Earnings results for Farmer Bros (NASDAQ:FARM)

Farmer Brothers Company is expected* to report earnings on 09/10/2020 after market close. The report will be for the fiscal Quarter ending Jun 2020. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.39. The reported EPS for the same quarter last year was $-0.52.

Analyst Opinion on Farmer Bros (NASDAQ:FARM)

3 Wall Street analysts have issued ratings and price targets for Farmer Bros in the last 12 months. Their average twelve-month price target is $11.33, predicting that the stock has a possible upside of 90.48%. The high price target for FARM is $15.00 and the low price target for FARM is $8.00. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of “Hold.”

Farmer Bros has received a consensus rating of Hold. The company’s average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $11.33, Farmer Bros has a forecasted upside of 90.5% from its current price of $5.95. Farmer Bros has received no research coverage in the past 90 days.

Dividend Strength: Farmer Bros (NASDAQ:FARM)

Farmer Bros does not currently pay a dividend. Farmer Bros does not have a long track record of dividend growth.

Insiders buying/selling: Farmer Bros (NASDAQ:FARM)

In the past three months, Farmer Bros insiders have not sold or bought any company stock. Only 1.40% of the stock of Farmer Bros is held by insiders. 77.56% of the stock of Farmer Bros is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Farmer Bros (NASDAQ:FARM

Earnings for Farmer Bros are expected to grow in the coming year, from ($1.10) to ($0.39) per share. The P/E ratio of Farmer Bros is -2.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Farmer Bros is -2.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Farmer Bros has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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