According to Zacks, "BOB EVANS FARMS, INC.is divided into two principal industry segments: the food products segment and the restaurant segment". The Company operates through BEF Foods segment.
The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.00. Berenberg started covering the stock with an initial rating of "Buy". "(BOBE) Ex-Dividend Date Scheduled for August 30, 2017" published on August 29, 2017, Forbes.com published: "Bob Evans Stock Boosted By Half-Billion Dollar Deal To Take Its Restaurants ..." on January 25, 2017. (NYSE: POST) for $77 per share. The announcement comes after Bob Evans sold its restaurants business to Golden Gate Capital in 2017.
ICR Inc. is guiding sausage maker Bob Evans Farms as it agrees to a $1.5B acquisition by Post Holdings, the big cereal maker based in St. Louis.
Shares of Bob Evans Farms Inc. jumped more than 5 percent in Tuesday premarket trading. The stock has a 50 day moving average price of $67.01 and a 200-day moving average price of $66.65.
In the market the company is trading up since yesterday's close of 70.51.
The Board of Directors for both Post Holdings Inc and Bob Evans Farms Inc have both given their approval to the deal. Finally, BidaskClub cut shares of Bob Evans Farms from a "buy" rating to a "hold" rating in a report on Tuesday, July 25th. After $-0.55 actual EPS reported by Sientra Inc for the previous quarter, Wall Street now forecasts 14.55% negative EPS growth. Bob Evans Farms Inc (NDAQ:BOBE) has risen 55.35% since September 19, 2016 and is uptrending. The firm's revenue for the quarter was up 27.2% compared to the same quarter a year ago. Next quarter's EPS is estimated at $0.79 and the next full year EPS is projected to be $2.54. They expect $0.35 earnings per share, down 37.50% or $0.21 from last year's $0.56 per share. If you are accessing this article on another domain, it was stolen and reposted in violation of United States and global trademark & copyright legislation.
Yield10 Bioscience, Inc. (NASDAQ:YTEN) yearly performance is 0.89%. The stock is a Buy among 2 brokerage firms polled by Factset Research. The average volume stands around 2696896. Following the completion of the sale, the senior vice president now owns 4,367 shares in the company, valued at $308,746.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.20% of the company's stock.
BOBE has been the topic of a number of other research reports.
It will be interesting to watch the trading activity for Bob Evans Farms (NDAQ:BOBE) today as Maxim Group downgraded the shares of the stock from a "Buy" rating to a "Hold". Louisiana State Employees Retirement Systems, a Louisiana-based fund reported 7,900 shares. Segantii Cap owns 2,700 shares. Great West Life Assurance Co.
03/06/2014 - Bob Evans Farms, Inc. was upgraded to "hold" by analysts at EVA Dimensions. Ameritas Investment Partners bought a fresh position in Bob Evans Farms in the 1st period worth at $105,000. US Bancorp DE now owns 5,531 shares of the restaurant operator's stock valued at $358,000 after buying an additional 2,381 shares in the last quarter. Institutional investors and hedge funds own 77.63% of the company's stock.
Bob Evans Farms, Inc.is a producer and distributor of refrigerated potato, pasta and vegetable 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.