Farmer BrothersFARM
Market Cap: $56.1M
About: Farmer Bros Co is engaged in manufacturing, wholesaling, and distributing coffee, tea, and culinary products to food-service establishments and retailers in the United States. The company's customers include restaurants, hotels, offices, casinos, convenience stores, healthcare facilities, and other food-service providers. The company's product categories consist of roast and ground coffee, frozen liquid coffee, flavoured and unflavored iced and hot teas, culinary products, spices, and other beverages including cappuccino, cocoa, granitas, and ready-to-drink iced coffee. The products are sold under the brands of Farmer Brothers, Artisan Collection by Farmer Brothers, Superior, Metropolitan, and China Mist.
Employees: 993
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
2% less funds holding
Funds holding: 47 [Q1] → 46 (-1) [Q2]
6.84% less ownership
Funds ownership: 48.23% [Q1] → 41.39% (-6.84%) [Q2]
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
33% less capital invested
Capital invested by funds: $35M [Q1] → $23.6M (-$11.4M) [Q2]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]
94% less call options, than puts
Call options by funds: $3K | Put options by funds: $51K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Craig-Hallum Eric Des Lauriers 63% 1-year accuracy 5 / 8 met price target | 127%upside $6 | Buy Initiated | 17 Jun 2024 |