AdvancePierre Foods Holdings Inc (NASDAQ:APFH) has been assigned a consensus rating of “Buy” from the eight ratings firms that are currently covering the stock. Two investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $28.43.

A number of analysts have commented on the stock. BMO Capital Markets initiated coverage on shares of AdvancePierre Foods Holdings in a report on Tuesday, August 9th. They set an “outperform” rating and a $29.00 target price for the company. Barclays PLC initiated coverage on shares of AdvancePierre Foods Holdings in a research report on Tuesday, August 9th. They issued an “equal weight” rating and a $27.00 price target for the company. Deutsche Bank AG initiated coverage on shares of AdvancePierre Foods Holdings in a research report on Tuesday, August 9th. They issued a “buy” rating and a $28.00 price target for the company. Wells Fargo & Co. initiated coverage on shares of AdvancePierre Foods Holdings in a research report on Monday, August 15th. They issued an “outperform” rating for the company. Finally, Credit Suisse Group AG initiated coverage on shares of AdvancePierre Foods Holdings in a research report on Tuesday, August 9th. They issued an “outperform” rating and a $29.00 price target for the company.

Several institutional investors have recently modified their holdings of APFH. SG Americas Securities LLC bought a new position in shares of AdvancePierre Foods Holdings during the third quarter worth $107,000. Strs Ohio bought a new position in shares of AdvancePierre Foods Holdings during the third quarter worth $187,000. Tower Research Capital LLC TRC bought a new position in shares of AdvancePierre Foods Holdings during the third quarter worth $372,000. DekaBank Deutsche Girozentrale bought a new position in shares of AdvancePierre Foods Holdings during the third quarter worth $545,000. Finally, Teachers Advisors LLC bought a new position in shares of AdvancePierre Foods Holdings during the third quarter worth $655,000.

Shares of AdvancePierre Foods Holdings (NASDAQ:APFH) traded up 0.11% during trading on Friday, reaching $26.56. 103,608 shares of the company were exchanged. The stock’s 50 day moving average is $27.13 and its 200 day moving average is $25.90. The company has a market capitalization of $2.05 billion and a price-to-earnings ratio of 16.02. AdvancePierre Foods Holdings has a 1-year low of $22.99 and a 1-year high of $28.32.

AdvancePierre Foods Holdings (NASDAQ:APFH) last announced its earnings results on Wednesday, November 9th. The company reported $0.46 EPS for the quarter, missing the Zacks’ consensus estimate of $0.48 by $0.02. The business had revenue of $393.65 million for the quarter, compared to analyst estimates of $410.23 million. During the same period in the prior year, the company posted $0.33 earnings per share. The company’s revenue was down 3.3% compared to the same quarter last year. Equities analysts anticipate that AdvancePierre Foods Holdings will post $1.68 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 6th. Investors of record on Monday, November 21st will be given a dividend of $0.14 per share. The ex-dividend date is Thursday, November 17th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.11%.

About AdvancePierre Foods Holdings

AdvancePierre Foods Holdings, Inc, formerly Pierre Foods Holding Corporation, is a producer and distributor of sandwiches, sandwich components, and other entrees and snacks. The Company operates through segments, including Foodservice, which sells its products to national and regional distributors; Retail, which supplies its products to national and regional grocery chains, major warehouse club stores, mass retailers and dollar stores; Convenience, which sells its products to national and regional convenience chains and vending providers, and Industrial, which includes sales to other food producers under short-term co-manufacturing agreements.

5 Day Chart for NASDAQ:APFH

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