EPS for Snyder's-Lance, Inc. (LNCE) Expected At $0.41

January 20, 2018 - By Vivian Currie

 EPS for Snyder's Lance, Inc. (LNCE) Expected At $0.41
Investors sentiment decreased to 1.09 in 2017 Q3. Its down 0.55, from 1.64 in 2017Q2. It worsened, as 22 investors sold Snyder's-Lance, Inc. shares while 58 reduced holdings. 31 funds opened positions while 56 raised stakes. 62.23 million shares or 1.86% less from 63.41 million shares in 2017Q2 were reported.
33,293 were accumulated by Ameritas. Morgan Stanley invested in 0% or 331,283 shares. Gabelli And Company Advisers owns 0.06% invested in Snyder's-Lance, Inc. (NASDAQ:LNCE) for 14,000 shares. Strs Ohio reported 0% in Snyder's-Lance, Inc. (NASDAQ:LNCE). Teacher Retirement Systems Of Texas invested in 0% or 6,405 shares. Massachusetts Financial Services Communications Ma invested in 0.01% or 776,256 shares. Wells Fargo Mn accumulated 0% or 248,210 shares. Private Advisor Gru Limited Liability reported 5,591 shares. Oppenheimer Asset Mngmt holds 0% of its portfolio in Snyder's-Lance, Inc. (NASDAQ:LNCE) for 953 shares. Ameriprise Incorporated accumulated 292,084 shares. Us Savings Bank De stated it has 0% in Snyder's-Lance, Inc. (NASDAQ:LNCE). State Of New Jersey Common Pension Fund D has invested 0.02% in Snyder's-Lance, Inc. (NASDAQ:LNCE). World Asset Management stated it has 5,486 shares or 0.01% of all its holdings. Waddell Reed invested in 0.21% or 2.47 million shares. Litespeed Ltd stated it has 745,000 shares or 20.03% of all its holdings.

Analysts expect Snyder's-Lance, Inc. (NASDAQ:LNCE) to report $0.41 EPS on February, 12.They anticipate $0.03 EPS change or 7.89 % from last quarter’s $0.38 EPS. LNCE’s profit would be $39.87 million giving it 30.55 P/E if the $0.41 EPS is correct. After having $0.33 EPS previously, Snyder's-Lance, Inc.’s analysts see 24.24 % EPS growth. The stock increased 0.10% or $0.05 during the last trading session, reaching $50.1. About 693,892 shares traded. Snyder's-Lance, Inc. (NASDAQ:LNCE) has risen 22.79% since January 20, 2017 and is uptrending. It has outperformed by 6.09% the S&P500.

Snyder's-Lance, Inc. (NASDAQ:LNCE) Ratings Coverage

Among 9 analysts covering Snyder’s-Lance Inc (NASDAQ:LNCE), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Snyder’s-Lance Inc had 28 analyst reports since August 12, 2015 according to SRatingsIntel. As per Thursday, October 29, the company rating was upgraded by BB&T Capital. On Monday, December 18 the stock rating was downgraded by BMO Capital Markets to “Market Perform”. Jefferies maintained the shares of LNCE in report on Wednesday, August 30 with “Buy” rating. The firm has “Hold” rating by BB&T Capital given on Monday, September 28. Deutsche Bank maintained it with “Buy” rating and $50.0 target in Friday, December 15 report. Deutsche Bank initiated the shares of LNCE in report on Wednesday, February 15 with “Buy” rating. On Wednesday, August 12 the stock rating was upgraded by Zacks to “Hold”. The firm has “Buy” rating by DA Davidson given on Wednesday, April 27. The company was maintained on Tuesday, October 3 by Jefferies. The rating was upgraded by Suntrust Robinson to “Buy” on Thursday, October 29.

Snyder's-Lance, Inc. manufactures, distributes, markets, and sells snack food products in the United States. The company has market cap of $4.87 billion. The Company’s products include pretzels, sandwich crackers, kettle cooked chips, pretzel crackers, cookies, potato chips, tortilla chips, popcorn, nuts, and other salty snacks. It currently has negative earnings. The firm sells its products under the Snyder??s of Hanover, Lance, Cape Cod, Snack Factory Pretzel Crisps, Late July, Tom??s, Archway, Jays, Stella D??oro, EatSmart Snacks, Krunchers!, and O-Ke-Doke brands.

More news for Snyder's-Lance, Inc. (NASDAQ:LNCE) were recently published by: Bizjournals.com, which released: “Potential shareholder suits line up over proposed Snyder’s-Lance sale to Campbell” on December 27, 2017. Businesswire.com‘s article titled: “SHAREHOLDER ALERT: Rigrodsky & Long, PA Announces Investigation of Snyder’s …” and published on January 18, 2018 is yet another important article.

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