Seneca Foods Corp is featured in our Q4 top growth stock picks for the Consumer Staples sector. It is a relatively small company, but it shows signs of growth potential.
Seneca Foods Corporation Class A (NASDAQ: SENEA)
Seneca Foods Corp. engages in the processing and sale of packaged fruits and vegetables. The company offers canned, frozen, and bottled produce and snack chips products. It operates through the following segments: Packaging and Sale of Fruits and Vegetables, Packaging and Sale of Prepared Food Products, Sale of Snack Products, and Other Products. The company was founded by Arthur S. Wolcott in 1949 and is headquartered in Marion, NY.
What are the basic fundamentals of SENEA stock?
SENEA stock's market capitalization is approximately $470m. It has around $170m in debt, and free cash flow is approximately $39m.
Is 4 a good P/E ratio?
Seneca Foods Corp. has a forward price to earnings ratio (P/E) of 4.
The stock price divided by its earnings per share gives us the P/E ratio. This means if the P/E is high, investors are confident it will go on to earn a lot more money. If the P/E is low, there are doubts in investors' minds.
Traditionally a P/E below 10 was considered a bargain, value stock. But a P/E lower than 5 is particularly risky, indicating the company is in distress.
A P/E between 10 and 20 is generally considered fair for a quality company that many investors agree has good potential. When a P/E gets very high, it may indicate the stock is becoming overvalued and therefore expensive. But that's not always the case as it can also simply show extreme confidence in a stock that may well grow into its earnings ratio.
Is 0.88 a good P/B ratio?
Seneca Foods Corp. has a Price/Book value of 0.88x.
The price-to-book (P/B) ratio is a favorite financial metric among value investors.
Traditionally, a P/B value below 1 is considered good, indicating a stock that may be undervalued.
Is 0.32 a good P/S ratio?
Seneca Foods Corp. has a Price/Sales ratio of 0.32x.
The price-to-sales (P/S) ratio is a prized financial metric used by analysts and investors. A P/S ratio below one is considered excellent, while a P/S ratio between 1 and 2 is reasonable.
The P/S ratio measures how much an investor is willing to pay for the stock per dollar of the company's sales.
In his 1984 book Super Stocks, successful investor Ken Fisher claimed the P/S ratio is a very good indicator of a stock's popularity. Later, legendary investor James O'Shaughnessy confirmed this view. In his book What Works on Wall Street, O'Shaughnessy said the P/S ratio was the single best indicator of a stock's value and predictor of its future.
Is Seneca Foods Corp. generating sales?
Seneca Foods Corp. has a 3-year CAGR for Sales of 8%.
Sales growth for its latest interim period vs. the prior period is negative at -18%.
Is Seneca Foods Corp. increasing earnings?
Seneca Foods Corp. also has a 3-year EPS CAGR of 213%.
EPS growth for its latest interim period vs. the prior period is negative at -37%.
What is the target price for SENEA stock?
The SENEA share price has risen approximately 30% in the past year.
There are no analyst estimates for SENEA stock at the time of writing.
How many ETFs hold SENEA stock?
Seneca Foods Corporation Class A stock is held in 47 ETFs.
Exchange-traded funds (ETFs) are created by institutions such as investment banks and fund managers. They are a popular risk-reduced way of investing. If a stock is found in many ETFs, it shows increased confidence in the company.
Does Seneca Foods Corp. pay a dividend?
SENEA does not currently offer shareholders a dividend yield.
What is Seneca Foods Corp.'s current short interest?
At the time of writing, Seneca Foods Corp. had a 1% short interest in its stock.
Short interest as a percentage of float above 10% is considered high and above 20% is exceptionally high. This should warn investors of potential risks.
How do you know if a stock has high momentum?
Traders look at various chart indicators to help guide them to momentum-driven stock picks. Some of these include the rate of change, trading volume, and relative strength.
A rate of change (RoC) above zero can indicate upward momentum in the stock.
An increase in trading volume shows us interest in the equity is real.
The relative strength index (RSI) compares the size of recent gains to recent losses. When RSI moves higher, crossing from under 30 to above 30, it is generally considered a buy signal.
None of these should be used in isolation, but they can help predict stocks that are gaining momentum when considered together.
At the time of writing, SENEA stock is not showing significant signs of momentum. Its relative strength for one month is 5%, and one year is 10%.