Marzetti Q4 adjusted EPS beats on Bachan's acquisition
MZTI•Outlook
- Marzetti expects Retail sales to benefit from Bachan’s acquisition and new product launches
- The company expects Foodservice sales to be supported by select quick-service restaurant customers
- Marzetti anticipates moderate input cost inflation in fiscal 2027 and plans to offset it with pricing
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q4 Sales | Miss | $465.03 million | $476.97 million (5 analysts) |
| Q4 Adjusted EPS | Beat | $1.46 | $1.40 (4 analysts) |
| Q4 EPS | $1.76 | ||
| Q4 Net Income | $48.29 million |
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the food processing peer group is "buy".
Wall Street's median 12-month price target for The Marzetti Company is $160.00, about 38.2% above its August 24 closing price of $115.76.
The stock recently traded at 16 times the next 12-month earnings, versus a P/E of 18 three months ago.
Result drivers
- Bachan's acquisition - Newly acquired Bachan's brand added $15.4 million in incremental sales to the Retail segment
