|Company name||Snyder’s-Lance Inc|
|Live stock price||[stckqut]LNCE[/stckqut]|
|P/E compared to competitors||Good|
|Confident Investor Rating||Good|
|Target stock price (TWCA growth scenario)||$51.8|
|Target stock price (averages with growth)||$47.59|
|Target stock price (averages with no growth)||$21.63|
|Target stock price (manual assumptions)||$47.45|
The following company description is from Google Finance: http://www.google.com/finance?q=lnce
Snyder’s-Lance, Inc. is a snack food company. The Company operates in the manufacturing, distribution, marketing and sale of snack food products segment. The Company’s products include pretzels, sandwich crackers, kettle cooked chips, pretzel crackers, cookies, potato chips, tortilla chips, nuts, restaurant style crackers and other salty snacks. Additionally, the Company purchases certain cake products and sells under its brands. Its products are packaged in various single-serve, multi-pack and family-size configurations. The Company’s core brands include Snyder’s of Hanover, Lance, Cape Cod, Snack Factory, Pretzel Crisps and Late July. The Company’s allied brands include Tom’s, Archway, Jays, Stella D’oro, EatSmart Snacks, Krunchers! and O-Ke-Doke. The Company also sells Partner brand products, which consist of other third-party branded products that the Company sells to its independent business owners (IBO) through its direct-store-delivery distribution network (DSD network).
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Snyder’s-Lance Inc.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.
How was this analysis of Snyder’s-Lance Inc calculated?
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
- Stock price at the time of the calculation: $34.25
- Growth: 0.18
- Current EPS (TTM): $0.2
- P/E: 167
- Future EPS Calc: $0.45
- Future Stock Price Calc: $76.41
- Target stock price: $47.44
I hope that this makes you a Confident Investor.