BRID - Armanino Foods Of Distinction: A Small-Cap Blue Chip
Although oxymoronic, Armanino Foods of Distinction (AMNF) assuredly warrants being labeled a small-cap blue chip. Consistent revenue growth, dividend hikes, and 61 consecutive quarters of profitability impressively put this $92 million company in its own category. In the face of a lackluster market, AMNF has advanced 18% over the previous year. Despite the stock's recent run, a discounted cash flow ((DCF)) analysis suggests that Armanino Foods remains undervalued by roughly 48%.
Business Description
Armanino Foods manufactures frozen and refrigerated products, namely pesto, stuffed pastas and pasta sheets, and pre-cooked meatballs. These products are