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Farmer Brothers (FARM) in Focus: Stock Up 11% in Session

Farmer Brothers Co. FARM was a big mover last session, as the company saw its shares rise a little over 11% on the day.  Shares moved up after coverage was initiated on the company by Sidoti. This led to solid volume too with far more shares changing hands than in a normal session This continues the recent uptrend of the company as the stock is now up 20.2% in the past one-month time frame.

None of the estimates for this food industry stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Farmer Brothers has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

However, a better-ranked stock in the same space is SpartanNash Company SPTN, sporting a Zacks Rank #1 (Strong Buy).

Is FARM going up? Or down? Predict to see what others think: Up or Down

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FARMER BROS CO (FARM): Free Stock Analysis Report
 
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