- LNCE's revenue growth has slightly outpaced the industry average of 3.1%. Since the same quarter one year prior, revenues slightly increased by 4.4%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- The current debt-to-equity ratio, 0.53, is low and is below the industry average, implying that there has been successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.02, which illustrates the ability to avoid short-term cash problems.
- SNYDERS-LANCE INC's earnings per share declined by 14.3% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, SNYDERS-LANCE INC increased its bottom line by earning $1.13 versus $0.86 in the prior year. This year, the market expects an improvement in earnings ($1.25 versus $1.13).
- 37.42% is the gross profit margin for SNYDERS-LANCE INC which we consider to be strong. Regardless of LNCE's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 3.84% trails the industry average.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. In comparison to the other companies in the Food Products industry and the overall market, SNYDERS-LANCE INC's return on equity is significantly below that of the industry average and is below that of the S&P 500.
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. The Food & Beverage industry as a whole closed the day down 1.0% versus the S&P 500, which was down 1.1%. Laggards within the Food & Beverage industry included BRASILAGRO - CIA Bras de Prop Agricolas ( LND), down 1.6%, Tofutti Brands ( TOF), down 2.1%, Le Gaga Holdings ( GAGA), down 3.1%, Tianli Agritech ( OINK), down 3.1% and Rocky Mountain Chocolate ( RMCF), down 2.1%. TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today: Snyders-Lance ( LNCE) is one of the companies that pushed the Food & Beverage industry lower today. Snyders-Lance was down $0.57 (2.1%) to $26.24 on light volume. Throughout the day, 131,252 shares of Snyders-Lance exchanged hands as compared to its average daily volume of 200,600 shares. The stock ranged in price between $26.21-$26.80 after having opened the day at $26.55 as compared to the previous trading day's close of $26.81. Snyder's-Lance, Inc. manufactures, distributes, markets, and sells snack food products in the United States. Snyders-Lance has a market cap of $1.9 billion and is part of the consumer goods sector. Shares are down 5.7% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who rates Snyders-Lance a buy, no analysts rate it a sell, and 4 rate it a hold. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings rates Snyders-Lance as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Highlights from TheStreet Ratings analysis on LNCE go as follows: