The Stock had a 1.21 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.36 and 1.33 respectively.
A number of research analysts recently issued reports on PF shares. Currently, the stock has a 1 Year Price Target of $64.71. Deutsche Bank AG restated a “hold” rating and set a $28.00 target price (down from $29.00) on shares of Whole Foods Market in a research report on Thursday, February 9th. TheStreet raised Whole Foods Market from a “c+” rating to a “b” rating in a report on Wednesday, March 1st. Jefferies Group LLC assumed coverage on shares of Pinnacle Foods in a research report on Tuesday, April 11th. Seven equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have given a buy rating to the stock. W also has additional support below at the stock’s 200-day simple moving average, which sits at $39.98. (WFM) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that Whole Foods Market, Inc.
Digital Power Corporation (DPW) declined -0.09% and its total traded volume was 0.09 million shares contrast to the average volume of 0.38 million shares. (NYSE:PF)’s stock was 11.24%.
Stock is now moving with a positive distance from the 200 day simple moving average of approximately 18.24%, and has a solid year to date (YTD) performance of 18.61% which means the stock is constantly adding to its value from the previous fiscal year end price. In this case, the critical 38.2% level drawn off the 52-weeklow of $27.60 sits at $42.19.
Whole Foods Market (NASDAQ:WFM) last posted its earnings results on Wednesday, May 10th. The same analysts are predicting that the company shares will trade to $34.05 within the next 12-18 months. The business had revenue of $3.74 million during the quarter, compared to analysts’ expectations of $3.73 billion. Whole Foods Market had a return on equity of 14.57% and a net margin of 2.81%. Whole Foods Market’s revenue for the quarter was down 99.9% compared to the same quarter previous year. Its sales stood at 9.20% a year on average in the period of last five years.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 11th. Westpac Banking Corp has 0% invested in American International Group Inc (NYSE:AIG) for 98,136 shares. The ex-dividend date of this dividend is Wednesday, June 28th. The Company dividend yield observed at 0.95%. This is a positive change from Whole Foods Market’s previous quarterly dividend of $0.14. Whole Foods Market’s dividend payout ratio (DPR) is 40.29%.
If you look at the company’s income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, WFM earned gross profit of 5.04 Billion, in 2015 5.42 Billion gross profit, while in 2016 Whole Foods Market, Inc. “(WFM)” was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this story on another site, it was illegally stolen and reposted in violation of worldwide copyright and trademark legislation. The correct version of this article can be read at https://www.thecerbatgem.com/2017/05/19/loop-capital-initiates-coverage-on-whole-foods-market-inc-wfm.html.
The company’s expected revenue in the current quarter to be 3.73 Billion, seeing a projected current quarter growth of -10.8%, and per annum growth estimates over the next 5 year period of around 0.53%. The shares were purchased at an average cost of $56.90 per share, with a total value of $99,859.50. Following the sale, the insider now owns 4,949 shares of the company’s stock, valued at approximately $146,292.44. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.
In other Whole Foods Market news, insider Juan Nunez sold 14,502 shares of Whole Foods Market stock in a transaction that occurred on Thursday, May 18th. The stock was sold at an average price of $27.52, for a total value of $399,095.04. Following the completion of the transaction, the chief financial officer now directly owns 277,014 shares in the company, valued at approximately $15,676,222.26. The disclosure for this sale can be found here. Over the last week of the month, it was -2.38%, 18.84% over the last quarter, and 13.16% for the past six months. Corporate insiders own 1.30% of the company’s stock.
Several brokerages have weighed in on WFM. Ltd. boosted its stake in Whole Foods Market by 2.5% in the third quarter.
Over the past 50 days, Whole Foods Market, Inc. stock’s -5.51% off of the high and 28.08% removed from the low.
Shares of the company have shown an EPS growth of 9.90% in the last 5 years. Synovus Financial Corp boosted its stake in Whole Foods Market by 41.0% in the third quarter. This is based on a 1-5 scale where 1 indicates a Strong Buy and 5 a Strong Sell.