Based on the aggregated intelligence of 135,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, bakery goods company Flowers Foods (NYSE:FLO) has earned a respected four-star ranking.

With that in mind, let's take a closer look at Flowers' business and see what CAPS investors are saying about the stock right now.

Flowers facts

Headquarters (founded)

Thomasville, Ga. (1934)

Market Cap

$2.21 billion

Industry

Packaged Foods and Meats

Trailing-12-Month Revenue

$2.55 billion

Management

CEO George Deese (since 2004)

CFO Steve Kinsey (since 2008)

Return on Equity (average, last three years)

15.9%

Dividend Yield

3.0%

Competitors

Campbell Soup (NYSE:CPB)

Sara Lee (NYSE:SLE)

CAPS Members Bullish on FLO Also Bullish on:

Johnson & Johnson (NYSE:JNJ)

Apple (NASDAQ:AAPL)

CAPS Members Bearish on FLO Also Bearish on:

Coca-Cola (NYSE:KO)

DryShips (NASDAQ:DRYS)

Sources: Capital IQ (a division of Standard & Poor's) and Motley Fool CAPS.

Over on CAPS, 96.5% of the 291 members who have rated Flowers Foods believe the stock will outperform the S&P 500 going forward. These bulls include All-Star 00100, who is ranked in the top 6% of our community, and paulpharmd.

In late May, 00100 urged Fools to stop and smell the Flowers (at roughly the same price it is today): "Good cash flow, good growth rate. Low debt. Top pick at many firms but stock price hasen't taken off. Yet."

In more recent pitch, paulpharmd expands on the stock as a fresh way to make some bread:

This stock still has a lot of growth left in it. It is fairly valued and it is a well run company that should do well going forward. People will buy bread and buns and donuts regardless of how well the economy is doing and this company is positioning itself to be a leader. Nice dividend is icing on the cake and the P/E looks reasonable especially considering the growth prospects going forward. It is a buy!

What do you think about Flowers, or any other stock for that matter? Make your voice heard on Motley Fool CAPS today. More than 135,000 investors are waiting to hear what you have to say. CAPS is 100% free, so simply click here to get started.

Fool contributor Brian Pacampara owns no position in any of the companies mentioned. Johnson & Johnson and Coca-Cola are Motley Fool Income Investor picks. Coca-Cola is also an Inside Value choice. Apple is a selection of Stock Advisor. The Fool's disclosure policy always gets a perfect score.