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

September 3, 2017 – By Marie Mckinney

Investors sentiment decreased to 0.75 in 2016 Q4. Its down 0.43, from 1.18 in 2016Q3. It is negative, 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.
Tiaa Cref Invest Mngmt Llc reported 22,576 shares stake. Tower Research Cap Ltd Limited Liability Company (Trc) owns 189 shares. Great West Life Assurance Can stated it has 1,635 shares. 5,938 were reported by Metropolitan Life Insur. Citadel Advisors Llc accumulated 19,711 shares or 0% of the stock. Wedge Cap Mgmt L Ltd Partnership Nc has invested 0.01% in Farmer Brothers Co. (NASDAQ:FARM). Anchor Lc invested 0.08% of its portfolio in Farmer Brothers Co. (NASDAQ:FARM). Spark Mngmt Ltd Liability Co reported 0.02% in Farmer Brothers Co. (NASDAQ:FARM). Blackrock Fund Advsrs owns 258,802 shares. Dimensional Fund Lp has invested 0.01% in Farmer Brothers Co. (NASDAQ:FARM). 800 are held by Thompson Siegel & Walmsley Limited. Picton Mahoney Asset Mngmt has 0.06% invested in Farmer Brothers Co. (NASDAQ:FARM). Bnp Paribas Arbitrage holds 0% of its portfolio in Farmer Brothers Co. (NASDAQ:FARM) for 441 shares. Susquehanna Gru Ltd Liability Partnership has 0% invested in Farmer Brothers Co. (NASDAQ:FARM). Park West Asset Mngmt accumulated 285,799 shares or 0.81% of the stock.

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

Investors wait Farmer Brothers Co. (NASDAQ:FARM) to report on September, 11. its quarterly earnings Wall Street analysts expect $0.15 earnings per share, down $0.08 or 34.78 % from last year’s $0.23 same quarter earnings. This translates into $2.53M profit for FARM giving the stock a 57.08 P/E. This is assuming the current $0.15 EPS is accurate. Farmer Brothers Co.’s Wall Street analysts see -11.76 % negative EPS growth, taking into account the $0.17 EPS reproted in the previous quarter, The stock increased 5.22% or $1.7 on September 1, reaching $34.25. About 81,643 shares traded or 27.79% up from the average. Farmer Brothers Co. (NASDAQ:FARM) has risen 11.98% since September 3, 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 $576.93 million. The Firm offers private brand and consumer-branded coffee products to small independent restaurants and foodservice operators, and institutional buyers. It has a 5.32 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: Star-Telegram.com which released: “Shareholders back company directors in Farmer Brothers family feud” on December 08, 2016, also Seekingalpha.com with their article: “Farmer Brothers (FARM) Farmer Brothers’ Announcement to Acquire the Business …” published on August 28, 2017, 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: Globenewswire.com and their article: “Farmer Bros. Co. to Report Second Quarter Fiscal 2017 Financial Results” published on January 25, 2017 as well as Globenewswire.com‘s news article titled: “Farmer Bros. Co. to Report Fourth Quarter and Full Fiscal Year 2017 Financial …” with publication date: August 31, 2017.