Are These Stocks Undervalued? Flowers Foods, Inc. (FLO), RCS Capital Corp (RCAP) and Empire State Realty Trust Inc (ESRT)
New York, NY – GDP INSIDER – 04/27/2014.
This article discusses three companies: Flowers Foods, Inc. (NYSE:FLO), RCS Capital Corp (NYSE:RCAP) and Empire State Realty Trust Inc (NYSE:ESRT)
Flowers Foods, Inc. (NYSE:FLO) continued to decline on Friday with the stock losing an additional 0.29% or $0.20 to close the day at $22.31 on low trading volume of 0.600 million, compared to its three month day average trading volume of 0.951 million. The US-based bakery products maker, which traded within a range of $22.29 to $22.55 during Friday’s trading, has been outperforming the S&P 500 since the beginning of the year, with the stock up 16.97% compared to the index which is up 2.86% over the same period, making it a hold with a view to buy.
RCS Capital Corp (NYSE:RCAP) lost forty four cents on Friday to finish the day at $8.40, a 4.98% decrease in value from its previous closing price. Currently, he stock is trading 19.01% below its 50 day moving average of $10.35 and 44.26% away from its 200 day moving average of $15.00. Over the past one month and over the past three months, the shares of RCS Capital Corp have lost 15.92% and 17.57%, respectively. With an RSI of 33.76 and one year price target of $16.25, the stock looks set for a significant upward swing in the near future.
Empire State Realty Trust Inc (NYSE:ESRT) continued to increase on Friday with the stock gaining another 1.39% or $0.25 to close at $18.25 on light trading of 0.506 million, compared to its three month average trading volume of 0.806 million. The real estate investment trust focused on New York and Manhattan has gained 21.46% so far this year, outperforming the S&P 500 which has only managed to gain 2.80% over the same period. The stock is now well on track to meet or exceed its one year target estimate of $20.50, making it a hold with a view to buy.
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