About 1.76 million of the company’s shares have changed hands so far today vs. its average volume of 160,610 shares per day. Bob Evans Restaurants’ non-GAAP operating income was $12.1 million, compared to $20.3 million in the corresponding period previous year, a decline of $8.2 million.
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In the latest quarter, sales in Bob Evans’ restaurant business declined 7.7 percent, while they grew 3.5 percent in the packaged food business.
None of the estimates for this stock were revised over the past 30 days while the Zacks Consensus Estimate moved lower, suggesting trouble down the road. Positive guest comments increased 24 percent during the first quarter, while negative comments declined substantially; a trend we believe will contribute to future sales improvements. Sales were hurt by a 4.3% decline in same-store sales.
Bob Evans Farms Inc opened for trading at $38.75 and hit $39.42 on the upside on Monday, eventually ending the session at $38.88, with a gain of 0.73% or 0.28 points. Pounds sold were up 6.4%, but the average net selling price per pound was down 2.7%.
Chico’s FAS Inc. (NYSE:CHS) traded 13.95 Million shares on last trading day with closing price of $12.68. For the stock, price target value has been calculated at $52.50 based on calls of 2 experts. Now the stock price is moving -14.35% off from the highest level of twelve months and +15.07% above from twelve months low.
Almost half of Bob Evans’ earnings before interest, taxes, depreciation and amortization come from its sales of sausage, dinner sides and other prepackaged foods.
As of current trade, Bob Evans Farms Inc (NASDAQ:BOBE) has shown weekly upbeat performance of 9.01%. The company also increased its full year adjusted EPS forecast to between $2.05 and $2.20, from prior expectations of $2.00 to $2.15. Company gross margin stands at 54.00% whereas its return on investment (ROI) is 0.50%. Its RSI (Relative Strength Index) reached 78.47.
Bob Evans CEO Saed Mohseni pushed back at the question, noting that the company is reviewing all of its options. The company’s price to sales ratio for trailing twelve months is 0.61 and price to book ratio for most recent quarter is 3.75, whereas price to cash per share for the most recent quarter is 62.96. Celadon Group Inc. (NYSE:CGI) quarterly performance is -19.28% while its price to sale ratio is 0.21 and price to book ratio is 0.56. The company expects 2017 revenue to be between $1.28 billion and $1.33 billion.
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08/31/2015 – Bob Evans Farms, Inc. was upgraded to “sector weight” by analysts at KeyBanc.
