What analysts say:
- Buy, sell, or hold?: Analysts think investors should stand pat on Snyder's-Lance with eight of 12 analysts rating it hold. Analysts don't like Snyder's-Lance as much as competitor Hain Celestial Group overall. Seven out of 10 analysts rate Hain Celestial Group a buy compared to four of 12 for Snyder's-Lance. While analysts still rate the stock a hold, they are a little more optimistic about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $402.6 million in revenue this quarter. That would represent a rise of 41.2% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.25 per share. Estimates range from $0.23 to $0.28.
What our community says:
CAPS All-Stars are solidly behind the stock, with 89.3% awarding it an "outperform" rating. The greater community backs the All Stars, as 85% give it a rating of "outperform." Fools are keen on Snyder's-Lance, though the message boards have been quiet lately with only 43 posts in the past 30 days. Snyder's-Lance has a CAPS rating of five out of five stars.
The company's gross margin shrank by 6.5 percentage points in the last quarter. Revenue rose 77.5% while cost of sales rose 96.8% to $280.9 million from a year earlier.
One final thing: If you want to keep tabs on Snyder's-Lance movements, and for more analysis on the company, make sure you add it to your watchlist.
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