Farmer Brothers Company (FARM - Free Report) is a Zacks Rank #5 (Strong Sell) and it has F's for the Value and Growth Style Scores. That alone should give you pause, but now, this stock is the bear of the day. Let's take a look at why this stock fell to the lowest Zacks Rank.
Description
Farmer Bros. Co. is in the business of roasting, packaging and distributing coffee and allied products to restaurants, hotels, hospitals, convenience stores and fast food outlets. The company's primary raw material is green coffee. Green coffee is purchased through domestic commodity brokers. Coffee is an agricultural commodity, and is subject to fluctuations of both price and supply.
Recent Earnings
FARM recently reported earnings and missed the Zacks Consensus Estimate. I see a loss of 27 cents for the quarter when a gain of 9 cents was expected. That is a hugue miss and good for a negative 400% earnings surprise.
Estimate Revisions
That recent loss was kist the tip of the iceberg, as analysts not only cut the full year number, but also reduced expectations for next quarter to be another moneyl losing quarter.
Follow this link to see how the estimates have changed for FARM:
https://www.zacks.com/stock/quote/FARM/detailed-estimates
Chart
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A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 7 stocks to watch. The report is only available for a limited time.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Farmer Brothers Company (FARM - Free Report) is a Zacks Rank #5 (Strong Sell) and it has F's for the Value and Growth Style Scores. That alone should give you pause, but now, this stock is the bear of the day. Let's take a look at why this stock fell to the lowest Zacks Rank.
Description
Farmer Bros. Co. is in the business of roasting, packaging and distributing coffee and allied products to restaurants, hotels, hospitals, convenience stores and fast food outlets. The company's primary raw material is green coffee. Green coffee is purchased through domestic commodity brokers. Coffee is an agricultural commodity, and is subject to fluctuations of both price and supply.
Recent Earnings
FARM recently reported earnings and missed the Zacks Consensus Estimate. I see a loss of 27 cents for the quarter when a gain of 9 cents was expected. That is a hugue miss and good for a negative 400% earnings surprise.
Estimate Revisions
That recent loss was kist the tip of the iceberg, as analysts not only cut the full year number, but also reduced expectations for next quarter to be another moneyl losing quarter.
Follow this link to see how the estimates have changed for FARM:
https://www.zacks.com/stock/quote/FARM/detailed-estimates
Chart
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 7 stocks to watch. The report is only available for a limited time.
See 7 breakthrough stocks now>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on FARM - FREE