$0.15 EPS Expected for Farmer Brothers Co. (FARM)

August 28, 2017 – By Max Morgan

Investors sentiment decreased to 0.75 in 2016 Q4. Its down 0.43, from 1.18 in 2016Q3. It worsened, 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.
Driehaus Capital Ltd Liability Corp reported 114,250 shares or 0.15% of all its holdings. Citigroup reported 2,548 shares. Group holds 0% or 4,651 shares. First Manhattan holds 45,420 shares or 0.01% of its portfolio. Northpointe Ltd Company owns 309,100 shares for 1.13% of their portfolio. James Invest Research Inc invested 0.03% of its portfolio in Farmer Brothers Co. (NASDAQ:FARM). Connors Investor holds 78,837 shares or 0.49% of its portfolio. Geduld E E, a New York-based fund reported 10,000 shares. Wedge Cap L Lp Nc holds 34,200 shares. Barclays Pcl accumulated 10,818 shares. Mutual Of America Capital Mgmt Lc accumulated 0.06% or 84,967 shares. 10,996 were accumulated by State Board Of Administration Of Florida Retirement System. Wellington Mngmt Gru Ltd Liability Partnership holds 0.01% or 821,299 shares. Royal Bancorp Of Canada owns 1,413 shares. Susquehanna Int Grp Inc Ltd Liability Partnership owns 21,312 shares.

Since March 10, 2017, it had 0 insider purchases, and 2 insider sales for $11.51 million activity. KEOWN MICHAEL H sold $379,895 worth of stock.

Analysts expect Farmer Brothers Co. (NASDAQ:FARM) to report $0.15 EPS on September, 11.They anticipate $0.08 EPS change or 34.78 % from last quarter’s $0.23 EPS. FARM’s profit would be $2.53M giving it 53.08 P/E if the $0.15 EPS is correct. After having $0.17 EPS previously, Farmer Brothers Co.’s analysts see -11.76 % EPS growth. It closed at $31.85 lastly. It is down 11.98% since August 28, 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 $536.50 million. The Firm offers private brand and consumer-branded coffee products to small independent restaurants and foodservice operators, and institutional buyers. It has a 4.95 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. to Report Second Quarter Fiscal 2017 Financial Results” on January 25, 2017, also Prnewswire.com with their article: “Farmer Bros. Co. Files Investor Presentation” published on November 07, 2016, Dallasnews.com published: “Bad blend: Farmer Brothers’ move to Texas boils over into founding family’s …” on December 02, 2016. 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 Executive Management Changes” with publication date: February 17, 2017.