Seneca Foods Corp Stock Today

SENEB Stock  USD 59.02  0.22  0.37%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
Seneca Foods is trading at 59.02 as of the 29th of April 2024, a 0.37 percent increase since the beginning of the trading day. The stock's open price was 58.8. Seneca Foods has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Seneca Foods Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 2024. Click here to learn more.
Business Domain
Food, Beverage & Tobacco
IPO Date
26th of March 1990
Category
Consumer Defensive
Classification
Consumer Staples
Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company was incorporated in 1949 and is headquartered in Marion, New York. Seneca Foods operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. The company has 1.66 M outstanding shares of which 345 shares are at this time shorted by private and institutional investors with about 1.16 days to cover all short positions. More on Seneca Foods Corp

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Seneca Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Seneca Foods' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Seneca Foods or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and President and DirectorKraig Kayser
Thematic IdeaFood Products (View all Themes)
Business ConcentrationFood Products, Food, Beverage & Tobacco, Consumer Defensive, NASDAQ Composite, Consumer Staples, Food Products, Packaged Foods, Consumer Defensive (View all Sectors)
Average Analyst Recommendation
Analysts covering Seneca Foods report their recommendations after researching Seneca Foods' financial statements, talking to executives and customers, or listening in on Seneca Foods' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Seneca Foods Corp. The Seneca consensus assessment is calculated by taking the average forecast from all of the analysts covering Seneca Foods.
Financial Strength
Based on the key indicators related to Seneca Foods' liquidity, profitability, solvency, and operating efficiency, Seneca Foods Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Seneca Foods Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.691.2674
Significantly Up
Very volatile
Gross Profit Margin0.130.1733
Way Down
Pretty Stable
Net Debt579.8 M552.2 M
Sufficiently Up
Slightly volatile
Total Current Liabilities127.5 M181.9 M
Way Down
Very volatile
Non Current Liabilities Total606.2 M577.3 M
Sufficiently Up
Slightly volatile
Total Assets1.5 B1.4 B
Sufficiently Up
Slightly volatile
Total Current Assets996.2 M948.7 M
Sufficiently Up
Slightly volatile
Seneca Foods' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Seneca Foods' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Seneca Foods' financial leverage. It provides some insight into what part of Seneca Foods' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Seneca Foods' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Seneca Foods deploys its capital and how much of that capital is borrowed.
Liquidity
Seneca Foods cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 492.45 M in total debt with debt to equity ratio (D/E) of 0.4, which is about average as compared to similar companies. Seneca Foods Corp has a current ratio of 2.87, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Seneca Foods until it has trouble settling it off, either with new capital or with free cash flow. So, Seneca Foods' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Seneca Foods Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Seneca to invest in growth at high rates of return. When we think about Seneca Foods' use of debt, we should always consider it together with cash and equity.

Sale Purchase Of Stock

(35.23 Million)
Seneca Foods Corp (SENEB) is traded on NASDAQ Exchange in USA. It is located in 350 WillowBrook Office Park, Fairport, NY, United States, 14480 and employs 2,809 people. Seneca Foods is listed under Food Products category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 413.9 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Seneca Foods's market, we take the total number of its shares issued and multiply it by Seneca Foods's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Seneca Foods Corp classifies itself under Food Products sector and is part of Consumer Staples industry. The entity has 1.66 M outstanding shares of which 345 shares are at this time shorted by private and institutional investors with about 1.16 days to cover all short positions. Seneca Foods Corp has accumulated about 12.24 M in cash with (212.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.54.
Check Seneca Foods Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Seneca Foods is currently $413.9 Million. Seneca Foods Corp has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 72.56 % of Seneca Foods outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how profitable the entity is or how many assets it hold, if the real value is less than what market suggests, you will most likely generate negative returns and should consider selling it at some point.
Check Seneca Ownership Details

Seneca Stock Price Odds Analysis

What are Seneca Foods' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Seneca Foods jumping above the current price in 90 days from now is nearly 4.43%. The Seneca Foods Corp probability density function shows the probability of Seneca Foods stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Seneca Foods has a beta of 0.1801. This usually implies as returns on the market go up, Seneca Foods average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Seneca Foods Corp will be expected to be much smaller as well. Additionally, seneca Foods Corp has an alpha of 0.2111, implying that it can generate a 0.21 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 59.02HorizonTargetOdds Above 59.02
95.53%90 days
 59.02 
4.43%
Based on a normal probability distribution, the odds of Seneca Foods to move above the current price in 90 days from now is nearly 4.43 (This Seneca Foods Corp probability density function shows the probability of Seneca Stock to fall within a particular range of prices over 90 days) .

Seneca Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Seneca Foods that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Seneca Foods' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Seneca Foods' value.
InstituionRecorded OnShares
Wells Fargo & Co2023-12-31
6.0
Ubs Group Ag2023-12-31
0.0
Royce & Associates, Lp2023-12-31
0.0
Dimensional Fund Advisors, Inc.2023-12-31
61.4 K
Fort Hoosac Management, Llc2023-12-31
7.4 K
Vanguard Group Inc2023-12-31
5.6 K
Credit Suisse First Boston (csfb)2023-12-31
4.5 K
Morgan Stanley - Brokerage Accounts2023-12-31
1.2 K
Bank Of America Corp2023-12-31
K
Fny Investment Advisers, Llc2023-12-31
450
Tower Research Capital Llc2023-12-31
290
View Seneca Foods Diagnostics

Seneca Foods Historical Income Statement

Seneca Foods Corp Income Statement is one of the three primary financial statements used for reporting Seneca's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Seneca Foods Corp revenue and expense. Seneca Foods Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Seneca Foods' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 1.8 B, whereas Interest Expense is forecasted to decline to about 10.4 M. View More Fundamentals

Seneca Stock Against Markets

Picking the right benchmark for Seneca Foods stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Seneca Foods stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Seneca Foods is critical whether you are bullish or bearish towards Seneca Foods Corp at a given time. Please also check how Seneca Foods' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Seneca Foods without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Seneca Foods Corporate Directors

Seneca Foods corporate directors refer to members of a Seneca Foods board of directors. The board of directors generally takes responsibility for the Seneca Foods' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Seneca Foods' board members must vote for the resolution. The Seneca Foods board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Susan HenryIndependent DirectorProfile
Kathryn BoorDirectorProfile
Samuel HubbardIndependent DirectorProfile
Peter CallIndependent DirectorProfile

How to buy Seneca Stock?

Before investing in Seneca Foods, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Seneca Foods. To buy Seneca Foods stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Seneca Foods. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Seneca Foods stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Seneca Foods Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Seneca Foods Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Seneca Foods Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Seneca Stock please use our How to Invest in Seneca Foods guide.

Already Invested in Seneca Foods Corp?

The danger of trading Seneca Foods Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Seneca Foods is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Seneca Foods. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Seneca Foods Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Seneca Foods Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Seneca Foods' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Seneca Foods Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Seneca Foods Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seneca Foods Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Seneca Foods Corp information on this page should be used as a complementary analysis to other Seneca Foods' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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When running Seneca Foods' price analysis, check to measure Seneca Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Seneca Foods is operating at the current time. Most of Seneca Foods' value examination focuses on studying past and present price action to predict the probability of Seneca Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seneca Foods' price. Additionally, you may evaluate how the addition of Seneca Foods to your portfolios can decrease your overall portfolio volatility.
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Is Seneca Foods' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Seneca Foods. If investors know Seneca will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Seneca Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Earnings Share
7.67
Revenue Per Share
198.997
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0327
The market value of Seneca Foods Corp is measured differently than its book value, which is the value of Seneca that is recorded on the company's balance sheet. Investors also form their own opinion of Seneca Foods' value that differs from its market value or its book value, called intrinsic value, which is Seneca Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Seneca Foods' market value can be influenced by many factors that don't directly affect Seneca Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Seneca Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Seneca Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seneca Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.