Seneca Foods Corp Stock News

The company's net loss shrank to $2.2 million for Q4 FY24 from $33.1 million a year earlier despite weaker sales. However, if we use the internationally dominant FIFO inventory valuation method, EBITD

FAIRPORT, N.Y., June 13, 2024 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the fourth quarter and twelve months ended March 31, 2024.

The SENEA investment narrative has shifted to focus on its earnings power rather than its balance sheet value. However, over the next 12–18 months, I think the stock will largely be driven by Seneca

FAIRPORT, N.Y., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the third quarter and nine months ended December 30, 2023.

Seneca Foods is a small-cap canned vegetables manufacturer that has seen little change in market cap over the past 10 years. In recent years it has undergone operational improvements, resulting in imp

JANESVILLE, Wis., Nov. 21, 2023 (GLOBE NEWSWIRE) -- As a precautionary measure, Seneca Foods Corporation is announcing a voluntary recall of mislabeled Hy-Vee Turkey gravy in glass jars that actually

FAIRPORT, N.Y., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the second quarter and six months ended September 30, 2023.

FAIRPORT, N.Y., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) announced today that it has purchased assets related to the Green Giant U.S. shelf-stable business fro

FAIRPORT, N.Y., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the three months ended July 1, 2023.

Seneca Foods' stock has declined 40%+ ytd, and is trading at a cheap multiple and at a significant discount to its NCAVPS. This opportunity exists because Seneca was recently removed from the Russell

While the firm continues to outperform my expectations, several headwinds appear to be emerging in the data. As the cost of labor and commodities remains elevated, profitability is likely to become a

Since my previous article on SENEA, the stock is up ~13.5% vs a loss of ~5.6% for the S&P 500. I believe SENEA continues to be undervalued from an absolute perspective and is fairly priced for a 9-10%

SENEA has a resilient business model and the company benefited from the COVID-19 pandemic. The stock is definitely cheap, trading below book value and at a ~4x TTM earnings. SENEA is currently trading

Seneca Foods offers canned and frozen food – mainly vegetables – in a non-growing industry and must compete for market share.

MARION, N.Y., June 11, 2021 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the fourth quarter and twelve months ended March 31, 2021.