Green Mountain Coffee (NASDAQ:GMCR) Stock Hikes after Fourth Quarter Results; Forecasts Tops Estimates

Shares of Green Mountain Coffee Roasters Inc (NASDAQ:GMCR) moved up 22% in after-hours trading session on Tuesday after the Waterbury, Vermont based coffee company announced fiscal Q4 results and forecasts that far surpassed market outlooks.

Green Mountain Coffee Roasters, manufacturer of Keurig single-serve coffee makers reported that it made $91.9 million or 58 cents a share in earnings for the three months period that finished Sept 29. That’s high from $75.4 million or 47 cents a share, earned in its primary three months period previous year.

The company reported that it anticipates earning in the range of 62 to 67 cents a share for its primary three months period on an adjusted basis.

Analysts had estimates earnings of 57 cents a share on $1.28 billion of revenue.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Farmer Brothers Co. (NASDAQ:FARM) rose +5.97% to settle at $11.01, The J.M. Smucker Company (NYSE:SJM) moved up +0.12% to end at $86.13 while Starbucks Corporation (NASDAQ:SBUX) dropped -1.34% to finish at $50.21 on Tuesday.

Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) last session’s volume of 16.43 million shares was surprisingly higher than its average volume of 4.22 million shares. The stock after opening at $28.70 hit high price of $29.68 and then closed at $28.95 by scoring +1.19%.

The liquidity measure in recent quarter results of the company was recorded 2.46 as current ratio and on the other side the debt to equity ratio was 0.18 and long-term debt to equity ratio remained at 0.18. The Company had total cash of $138.99 million at hand and a book value per share as $14.24 in the most recent quarter.

The stock’s price volatility was 4.27% for a week and 5.03% for a month as well as price volatility’s Average True Range for 14 days was 1.33 and its beta remained at 0.95.

GMCR generated revenue of $3.62 billion in the previous twelve months and earned $346.11 million. The Company showed a positive 9.58% in the net profit margin as well as in its operating margin which remained at 14.67%. Company’s annual sales growth for the past five years was 63.73%.

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