Farmer Bros. (FARM) to Release Quarterly Earnings on Thursday

Farmer Bros. (NASDAQ:FARM) is scheduled to issue its quarterly earnings data after the market closes on Thursday, September 12th. Analysts expect the company to announce earnings of ($0.22) per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Farmer Bros. Trading Down 1.5 %

Farmer Bros. stock opened at $2.57 on Wednesday. The company has a 50 day moving average price of $2.69 and a 200 day moving average price of $3.00. Farmer Bros. has a 52 week low of $1.80 and a 52 week high of $4.04. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.65 and a current ratio of 1.42. The firm has a market capitalization of $54.64 million, a price-to-earnings ratio of -1.12 and a beta of 1.79.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Craig Hallum started coverage on shares of Farmer Bros. in a report on Monday, June 17th. They set a “buy” rating and a $6.00 price target on the stock. StockNews.com upgraded shares of Farmer Bros. from a “hold” rating to a “buy” rating in a research report on Sunday, May 19th.

About Farmer Bros.

Farmer Bros. Co engages in the roasting, wholesale, equipment servicing, and distribution of coffee, tea, and other allied products in the United States. The company offers roast and ground coffee; frozen liquid coffee; flavoured and unflavoured iced and hot teas; culinary products, including spices, pancake and biscuit mixes, gravy and sauce mixes, soup bases, dressings, and syrups and sauces, as well as coffee filters, cups, sugar, and creamers; and other beverages comprising cappuccino, cocoa, granitas, and other blender-based beverages and concentrated and ready-to-drink cold brew and iced coffee.