EPS for Sinclair Broadcast Group, Inc. (SBGI) Expected At $0.73; Flowers Foods, Inc. (FLO) Covered By 6 Bullish Analysts Last Week

April 17, 2018 - By Vivian Currie

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Logo

Among 13 analysts covering Flowers Foods (NYSE:FLO), 6 have Buy rating, 0 Sell and 7 Hold. Therefore 46% are positive. Flowers Foods had 35 analyst reports since September 21, 2015 according to SRatingsIntel. The stock has “Overweight” rating by KeyBanc Capital Markets on Thursday, December 15. The stock of Flowers Foods, Inc. (NYSE:FLO) has “Sector Weight” rating given on Thursday, May 26 by KeyBanc Capital Markets. Stephens downgraded the shares of FLO in report on Thursday, February 11 to “Equal-Weight” rating. The company was initiated on Wednesday, October 5 by DA Davidson. The stock has “Hold” rating by Deutsche Bank on Friday, February 12. The stock has “Hold” rating by BMO Capital Markets on Wednesday, September 6. The stock of Flowers Foods, Inc. (NYSE:FLO) has “Neutral” rating given on Thursday, February 11 by Suntrust Robinson. On Friday, July 28 the stock rating was downgraded by Jefferies to “Hold”. Pivotal Research upgraded Flowers Foods, Inc. (NYSE:FLO) rating on Thursday, November 9. Pivotal Research has “Buy” rating and $23.0 target. The rating was maintained by Stephens on Friday, March 23 with “Hold”. See Flowers Foods, Inc. (NYSE:FLO) latest ratings:

03/04/2018 Broker: Hilliard Lyons Rating: Long-Term Buy New Target: $25 Initiates Coverage On
27/03/2018 Broker: KeyBanc Capital Markets Rating: Buy New Target: $24.0000 Initiate
23/03/2018 Broker: Stephens Rating: Hold New Target: $22.0000 Maintain
09/02/2018 Broker: Stephens Rating: Hold New Target: $20.0 Maintain
15/11/2017 Broker: BMO Capital Markets Rating: Market Perform Old Target: $19 New Target: $20 Maintain
09/11/2017 Broker: SunTrust Rating: Hold New Target: $20.0 Maintain
09/11/2017 Broker: Pivotal Research Rating: Buy New Target: $23.0 Upgrade

Analysts expect Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) to report $0.73 EPS on May, 9 before the open.They anticipate $0.41 EPS change or 128.13% from last quarter’s $0.32 EPS. SBGI’s profit would be $74.60 million giving it 10.06 P/E if the $0.73 EPS is correct. After having $1.67 EPS previously, Sinclair Broadcast Group, Inc.’s analysts see -56.29% EPS growth. The stock decreased 1.29% or $0.385 during the last trading session, reaching $29.365. About 517,743 shares traded. Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) has declined 20.99% since April 17, 2017 and is downtrending. It has underperformed by 32.54% the S&P500.

Since March 27, 2018, it had 0 insider buys, and 1 insider sale for $221,680 activity. 10,500 Flowers Foods, Inc. (NYSE:FLO) shares with value of $221,680 were sold by ROACH DAVID M.

Flowers Foods, Inc. produces and markets bakery products in the United States. The company has market cap of $4.77 billion. It operates through two divisions, Direct-Store-Delivery and Warehouse Delivery. It has a 31.85 P/E ratio. The DSD segment produces and markets fresh bakery foods, including fresh breads, buns, rolls, tortillas, and snack cakes.

The stock increased 0.80% or $0.18 during the last trading session, reaching $22.61. About 372,265 shares traded. Flowers Foods, Inc. (NYSE:FLO) has risen 8.08% since April 17, 2017 and is uptrending. It has underperformed by 3.47% the S&P500.

Investors sentiment decreased to 1.2 in 2017 Q4. Its down 0.11, from 1.31 in 2017Q3. It is negative, as 20 investors sold Flowers Foods, Inc. shares while 90 reduced holdings. 52 funds opened positions while 80 raised stakes. 128.25 million shares or 11.42% less from 144.78 million shares in 2017Q3 were reported. Moreover, Balyasny Asset Mgmt has 0% invested in Flowers Foods, Inc. (NYSE:FLO). Novare Lc reported 19,950 shares. Fuller & Thaler Asset has invested 0.12% in Flowers Foods, Inc. (NYSE:FLO). Lord Abbett Lc owns 268,700 shares. State Of Wisconsin Inv Board owns 36,280 shares or 0% of their US portfolio. New York State Teachers Retirement holds 0.02% of its portfolio in Flowers Foods, Inc. (NYSE:FLO) for 343,428 shares. Legal And General Gru Public Ltd Co holds 0% or 254,233 shares in its portfolio. First Tru Advisors Limited Partnership has 0.03% invested in Flowers Foods, Inc. (NYSE:FLO) for 701,421 shares. Amalgamated Bancorp accumulated 35,777 shares. Ubs Asset Management Americas holds 0% of its portfolio in Flowers Foods, Inc. (NYSE:FLO) for 214,424 shares. Louisiana State Employees Retirement stated it has 46,700 shares or 0.04% of all its holdings. Tnb Finance stated it has 3.33% in Flowers Foods, Inc. (NYSE:FLO). Cipher Cap L P holds 19,586 shares or 0.03% of its portfolio. Gemmer Asset Mgmt Ltd Company has invested 0% in Flowers Foods, Inc. (NYSE:FLO). California State Teachers Retirement Sys owns 297,228 shares for 0.01% of their portfolio.

Among 8 analysts covering Sinclair Broadcast Group Inc (NASDAQ:SBGI), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Sinclair Broadcast Group Inc had 24 analyst reports since July 30, 2015 according to SRatingsIntel. Benchmark maintained Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) on Thursday, November 5 with “Buy” rating. The rating was maintained by B. Riley & Co on Thursday, March 1 with “Buy”. The firm has “Buy” rating given on Tuesday, September 26 by RBC Capital Markets. The rating was maintained by Benchmark with “Buy” on Tuesday, August 1. The stock of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) has “Buy” rating given on Thursday, August 3 by RBC Capital Markets. RBC Capital Markets maintained the shares of SBGI in report on Tuesday, November 10 with “Outperform” rating. The company was maintained on Thursday, February 23 by Wedbush. The firm has “Outperform” rating given on Thursday, February 23 by RBC Capital Markets. Wedbush maintained Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) rating on Friday, January 29. Wedbush has “Outperform” rating and $39 target. Deutsche Bank initiated the shares of SBGI in report on Friday, October 20 with “Buy” rating.

Investors sentiment decreased to 0.97 in Q4 2017. Its down 0.26, from 1.23 in 2017Q3. It worsened, as 31 investors sold Sinclair Broadcast Group, Inc. shares while 73 reduced holdings. 41 funds opened positions while 60 raised stakes. 84.77 million shares or 1.85% more from 83.23 million shares in 2017Q3 were reported. Shannon River Fund Mgmt Lc has 1.94% invested in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) for 213,215 shares. Regions Corporation invested in 18,087 shares or 0.01% of the stock. Ruane Cunniff Goldfarb has invested 0.42% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Clearbridge Invs Ltd Liability Corp holds 928,482 shares. Rhumbline Advisers invested 0.01% in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Orrstown Fincl invested 0.02% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Jefferies Gp Ltd Liability Corporation holds 0% in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) or 18 shares. 9,800 are owned by Ellington Group Incorporated Ltd Limited Liability Company. Teton Advsrs Inc accumulated 33,000 shares. 5.87M were reported by Fmr. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) for 6,843 shares. Parametrica Mngmt Limited reported 5,467 shares. Prudential Fin stated it has 0.03% in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Public Employees Retirement Association Of Colorado has 0% invested in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Jericho Capital Asset L P reported 488,000 shares.

Sinclair Broadcast Group, Inc. operates as a television broadcasting firm in the United States. The company has market cap of $3.00 billion. It owns or provides various programming, operating, or sales services to television stations. It has a 5.13 P/E ratio. The firm broadcasts free over-the-air programming, such as network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and internally originated programming to television viewing audiences in the communities through various local television stations.

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Institutional Positions Chart

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