Seneca Foods Corp ($SENEB) Confident Investor Rating: Poor

Company name Seneca Foods Corp
Stock ticker SENEB
Live stock price [stckqut]SENEB[/stckqut]
P/E compared to competitors Fair

MANAGEMENT EXECUTION

Employee productivity Poor
Sales growth Poor
EPS growth Poor
P/E growth Good
EBIT growth Fair

ANALYSIS

Confident Investor Rating Poor
Target stock price (TWCA growth scenario) $31.61
Target stock price (averages with growth) $26.85
Target stock price (averages with no growth) $19.16
Target stock price (manual assumptions) $31.21

The following company description is from Google Finance: http://www.google.com/finance?q=seneb

Seneca Foods Corporation is a producer and distributor of processed fruits and vegetables. The Company’s product offerings include canned, frozen and bottled produce and snack chips and its products are sold under private label, as well as national and regional brands that the Company owns or licenses, including Seneca, Libby’s, Aunt Nellie’s Farm Kitchen, Stokely’s, Read and Diamond A. It packs Green Giant, Le Sueur and other brands of canned vegetables, as well as select Green Giant frozen vegetables for General Mills Operations, LLC. As of March 31, 2011, its facilities consisted of 21 processing plants located throughout the United States, two can manufacturing plants, two seed processing operations, a small farming operation and a limited logistical support network. In August 2010, it acquired 100% of the partnership interest in Lebanon Valley Cold Storage, LP and the assets of Unilink, LLC (collectively Lebanon) from Pennsylvania Food Group, LLC and related entities.

 

Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock.

 

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