Bob Evans Farms (BOBE) Announces Earnings Results

Bob Evans Farms (NASDAQ:BOBE) posted its earnings results on Wednesday. The restaurant operator reported $0.35 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.35, Bloomberg Earnings reports. Bob Evans Farms had a net margin of 19.49% and a return on equity of 19.52%. During the same period in the prior year, the firm posted $0.56 EPS.

Bob Evans Farms (NASDAQ BOBE) opened at $77.66 on Thursday. The company has a market cap of $1,550.00, a PE ratio of 33.85 and a beta of 0.54. Bob Evans Farms has a fifty-two week low of $47.28 and a fifty-two week high of $78.24. The company has a current ratio of 1.11, a quick ratio of 0.83 and a debt-to-equity ratio of 0.52.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Monday, December 11th will be issued a dividend of $0.34 per share. The ex-dividend date is Friday, December 8th. This represents a $1.36 annualized dividend and a yield of 1.75%. Bob Evans Farms’s payout ratio is 141.67%.

BOBE has been the topic of a number of research reports. Oppenheimer restated a “hold” rating and issued a $72.00 target price on shares of Bob Evans Farms in a report on Friday, September 8th. Sidoti initiated coverage on shares of Bob Evans Farms in a report on Wednesday, August 23rd. They issued a “neutral” rating and a $76.00 target price on the stock. ValuEngine downgraded shares of Bob Evans Farms from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Zacks Investment Research upgraded shares of Bob Evans Farms from a “hold” rating to a “buy” rating and set a $77.00 target price on the stock in a report on Wednesday, September 13th. Finally, William Blair downgraded shares of Bob Evans Farms from an “outperform” rating to a “market perform” rating in a report on Friday, September 22nd. One research analyst has rated the stock with a sell rating, ten have given a hold rating and one has given a buy rating to the stock. Bob Evans Farms has a consensus rating of “Hold” and a consensus price target of $76.05.

COPYRIGHT VIOLATION NOTICE: “Bob Evans Farms (BOBE) Announces Earnings Results” was first posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be viewed at https://www.chaffeybreeze.com/2017/12/07/bob-evans-farms-bobe-announces-earnings-results.html.

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.

Earnings History for Bob Evans Farms (NASDAQ:BOBE)

Receive News & Ratings for Bob Evans Farms Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bob Evans Farms Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply