Media headlines about Bob Evans Farms (NASDAQ:BOBE) have trended positive recently, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bob Evans Farms earned a media sentiment score of 0.27 on Accern’s scale. Accern also assigned news coverage about the restaurant operator an impact score of 40 out of 100, meaning that recent media coverage is unlikely to have an effect on the company’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Equities Analysts Set Expectations for Bob Evans Farms, Inc.’s Q1 2018 Earnings (BOBE) (americanbankingnews.com)
- QVC Group (QVCA) has a value of $24.64 per share While Bob … – Stocks Gallery (stocksgallery.com)
- Bob Evans Farms, Inc. (BOBE) SVP Sells $501,970.00 in Stock (americanbankingnews.com)
- Earnings Highlights and Review: Dave & Buster’s Revenue Jumped 16%; EPS Climbed 36% (finance.yahoo.com)
- ETFs with exposure to Bob Evans Farms, Inc. : June 26, 2017 (finance.yahoo.com)
Several equities analysts have commented on the stock. Maxim Group raised their price target on shares of Bob Evans Farms from $74.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, June 13th. Zacks Investment Research upgraded shares of Bob Evans Farms from a “hold” rating to a “buy” rating and set a $65.00 price objective on the stock in a report on Tuesday, March 7th. CIBC restated a “market perform” rating and issued a $77.00 price objective on shares of Bob Evans Farms in a report on Monday, June 5th. Oppenheimer Holdings Inc. reiterated a “market perform” rating and set a $77.00 price target on shares of Bob Evans Farms in a research note on Monday, June 5th. Finally, William Blair started coverage on shares of Bob Evans Farms in a research note on Wednesday, May 3rd. They set an “outperform” rating and a $67.41 price target on the stock. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $73.28.
Shares of Bob Evans Farms (NASDAQ:BOBE) traded up 0.17% during trading on Wednesday, reaching $70.80. 36,556 shares of the company’s stock were exchanged. The firm has a market capitalization of $1.41 billion, a PE ratio of 11.26 and a beta of 0.53. Bob Evans Farms has a 52 week low of $35.63 and a 52 week high of $75.34. The company’s 50-day moving average price is $69.89 and its 200 day moving average price is $60.70.
Bob Evans Farms (NASDAQ:BOBE) last announced its quarterly earnings results on Thursday, June 15th. The restaurant operator reported $0.61 EPS for the quarter, beating the consensus estimate of $0.42 by $0.19. Bob Evans Farms had a return on equity of 19.58% and a net margin of 15.15%. The company had revenue of $99.90 million for the quarter, compared to the consensus estimate of $325.70 million. During the same quarter last year, the company posted $0.48 earnings per share. The company’s revenue for the quarter was down 2.4% compared to the same quarter last year. Analysts predict that Bob Evans Farms will post $2.23 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, June 26th. Shareholders of record on Monday, June 12th were issued a dividend of $0.34 per share. The ex-dividend date was Thursday, June 8th. This represents a $1.36 annualized dividend and a yield of 1.92%. Bob Evans Farms’s dividend payout ratio (DPR) is presently 21.69%.
In other Bob Evans Farms news, SVP Thomas Alan Ashworth sold 7,100 shares of the stock in a transaction that occurred on Thursday, June 22nd. The stock was sold at an average price of $70.70, for a total transaction of $501,970.00. Following the transaction, the senior vice president now owns 4,367 shares in the company, valued at $308,746.90. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 1.20% of the company’s stock.
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About Bob Evans Farms
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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