Flowers Foods Stock at a 0.96X P/S Multiple: Is Now the Time to Buy?
Flowers Foods(FLO) ZACKS·2024-09-18 23:50
Flowers Foods, Inc. (FLO) is currently trading at an attractive valuation, considering its price-to-sales (P/S) multiple, which is significantly lower than both the Zacks Food – Miscellaneous industry and the broader Consumer Staples sector. FLO's forward 12-month P/S ratio is 0.96, lower than the industry average of 1.48 and the sector average of 8.53. Image Source: Zacks Investment Research This discrepancy in valuation suggests that the stock may be undervalued relative to its peers, presenting a compell ...