Bob Evans Farms, Inc. (NASDAQ:BOBE) Rating Reiterated by Maxim Group

The deal has already been approved by the boards of both companies and is expected to close in the first quarter of 2018

The deal has already been approved by the boards of both companies and is expected to close in the first quarter of 2018

Upon closing of the acquisition, Townsley will lead a new refrigerated retail business within Post that combines Post's existing retail egg, potato and cheese business with the operations of Bob Evans. The firm had revenue of $109.30 million for the quarter, compared to analysts' expectations of $102.29 million. Short shares increased 273,246 over that period. The firm's revenue for the quarter was up 27.2% compared to the same quarter past year.

06/05/2017 - Bob Evans Farms, Inc. had its "perform" rating reiterated by analysts at Oppenheimer. 376K shares changed hands by the end of trading on Friday.

The stock is trading at $71.91 which is just a bit higher than $67.08, the 50 day moving average and which is a tad above the 200 day moving average of $66.76.

The company now has a P/E ratio of 11.67 and the market cap of the company is 1.43B.

Shares of Bob Evans Farms, Inc. are presently 132.35% off the 52 week low. Shareholders of record on Monday, September 4th will be paid a dividend of $0.34 per share.

On 6/26/2015 Scott C Taggart, VP, sold 1,000 with an average share price of $51.70 per share and the total transaction amounting to $51,700.00. The ex-dividend date will be Wednesday August 30th, 2017. Bob Evans Farms's yield ratio (DPR) is 22.08%. Teachers Advisors LLC now owns 33,489 shares of the restaurant operator's stock valued at $1,782,000 after buying an additional 538 shares in the last quarter. They now have a $77.00 price target on the stock. The information was declared in a document with the securities and exchange commission, which is accessible through the Security and Exchange Commission website. corporate executives has an ownership of 1.20% of the firms stock.

Stock research firms now have a positive stance on shares of Sensus Healthcare, Inc. Segantii Cap owns 2,700 shares. State of Alaska Department of Revenue grew its stake in Bob Evans Farms by 1.9% in the 1st quarter. More interesting news about Bob Evans Farms Inc (NASDAQ:BOBE) were released by: and their article: "Bob Evans Farms Announces First Quarter Fiscal Year 2018 Earnings Release and ..." published on August 16, 2017 as well as's news article titled: "Bob Evans Farms begins new chapter" with publication date: May 01, 2017.

Tom Sandell decreased its stake in Bob Evans Farms Inc (Call) (BOBE) by 58.04% based on its latest 2016Q4 regulatory filing with the SEC.

03/19/2014 - Bob Evans Farms, Inc. was upgraded to "buy" by analysts at TheStreet. Ameritas Investment Partners Inc. now owns 1,740 shares of the restaurant operator's stock worth $125,000 after acquiring an additional 115 shares during the last quarter. Hedge funds and other institutional investors own 77.63% of the company's stock. If you are accessing this article on another publication, it was copied illegally and republished in violation of global trademark and copyright law. Financial Bank Of America De invested 0% in Bob Evans Farms Inc (NASDAQ:BOBE).

Other analysts also recently issued reports about the company.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Bob Evans to Post Holdings, Inc.

Equity analyst Berenberg added BOBE to its research portfolio setting a rating of "Buy". Finally, BidaskClub cut shares of Bob Evans Farms from a "buy" rating to a "hold" rating in a report on Tuesday, July 25th. William Blair upgraded Sientra Inc (NASDAQ:SIEN) on Wednesday, September 13 to "Outperform" rating. The company has a consensus rating of "Buy" and an average target price of $74.77. The median estimate represents a 4.90% increase from the last price of 72.93.

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