Analysts See $0.35 EPS for Bob Evans Farms Inc (BOBE)

November 21, 2017 - By Louis Casey

 Analysts See $0.35 EPS for Bob Evans Farms Inc (BOBE)
Investors sentiment increased to 1.42 in Q2 2017. Its up 0.41, from 1.01 in 2017Q1. It is positive, as 26 investors sold Bob Evans Farms Inc shares while 40 reduced holdings. 40 funds opened positions while 54 raised stakes. 15.16 million shares or 1.71% less from 15.43 million shares in 2017Q1 were reported.
Arrow Fincl holds 0% in Bob Evans Farms Inc (NASDAQ:BOBE) or 12 shares. Peak6 Investments L P, Illinois-based fund reported 2,204 shares. 219,278 were reported by Blair William Il. Old Mutual Global Investors (Uk) Ltd accumulated 0.01% or 11,723 shares. The New York-based Alliancebernstein Lp has invested 0% in Bob Evans Farms Inc (NASDAQ:BOBE). Vanguard Group Inc, a Pennsylvania-based fund reported 2.72 million shares. Laurion Management Limited Partnership owns 7,000 shares or 0% of their US portfolio. State Board Of Administration Of Florida Retirement Sys, Florida-based fund reported 10,372 shares. 26,237 were accumulated by Morgan Stanley. Voya Invest Management Limited holds 0% or 9,829 shares. Mason Street invested 0.01% in Bob Evans Farms Inc (NASDAQ:BOBE). Arizona State Retirement stated it has 10,312 shares or 0.01% of all its holdings. Pinebridge Ltd Partnership reported 26,170 shares stake. Us Bankshares De, a Minnesota-based fund reported 3,531 shares. Sanctuary Wealth Advisors Ltd Liability Co holds 104 shares or 0.01% of its portfolio.

Wall Street await Bob Evans Farms Inc (NASDAQ:BOBE) to release earnings on December, 4. Analysts forecast earnings per share of $0.35, down exactly $0.21 or 37.50 % from 2014’s $0.56 EPS. The expected BOBE’s profit could reach $6.99 million giving the stock 55.44 P/E in the case that $0.35 earnings per share is reported. After posting $0.37 EPS for the previous quarter, Bob Evans Farms Inc’s analysts now forecast -5.41 % negative EPS growth. About 32,749 shares traded. Bob Evans Farms Inc (NASDAQ:BOBE) has risen 55.35% since November 21, 2016 and is uptrending. It has outperformed by 38.65% the S&P500.

Bob Evans Farms Inc (NASDAQ:BOBE) Ratings Coverage

Among 8 analysts covering Bob Evans Farms (NASDAQ:BOBE), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Bob Evans Farms had 17 analyst reports since August 31, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, June 15 by Oppenheimer. Sidoti initiated it with “Buy” rating and $60 target in Wednesday, May 11 report. The rating was maintained by Maxim Group with “Buy” on Wednesday, August 30. Oppenheimer maintained Bob Evans Farms Inc (NASDAQ:BOBE) on Wednesday, August 30 with “Hold” rating. The rating was upgraded by KeyBanc Capital Markets to “Sector Weight” on Monday, August 31. The stock of Bob Evans Farms Inc (NASDAQ:BOBE) earned “Buy” rating by Maxim Group on Tuesday, June 13. The stock of Bob Evans Farms Inc (NASDAQ:BOBE) has “Strong-Buy” rating given on Thursday, September 3 by Zacks. The rating was maintained by Oppenheimer with “Outperform” on Wednesday, December 2. The stock has “Buy” rating by Maxim Group on Wednesday, December 7. The stock of Bob Evans Farms Inc (NASDAQ:BOBE) earned “Hold” rating by William Blair on Friday, September 22.

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 has market cap of $1.55 billion. The Company’s food products are distributed to clients throughout the United States. It has a 80.56 P/E ratio. Additionally, the Company makes and sells similar products to foodservice customers, restaurants and food sellers.

More notable recent Bob Evans Farms Inc (NASDAQ:BOBE) news were published by: Prnewswire.com which released: “Bernstein Liebhard LLP Announces Investigation Into The Proposed Sale Of Bob …” on October 24, 2017, also Prnewswire.com with their article: “Bob Evans Restaurants® Serves Up Value With Thanksgiving ‘Farmhouse Feast’ To-Go” published on November 13, 2017, Prnewswire.com published: “Lifshitz & Miller LLP Announces Investigation of AcelRx Pharmaceuticals, Inc …” on October 24, 2017. More interesting news about Bob Evans Farms Inc (NASDAQ:BOBE) were released by: Marketwatch.com and their article: “Post Holdings to buy Bob Evans in a $1.5 billion deal” published on September 19, 2017 as well as Wsj.com‘s news article titled: “Post Holdings to Buy Bob Evans Packaged Food Business for $1.5 Billion” with publication date: September 19, 2017.

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