Whole Foods Market, Inc. (NASDAQ:WFM) belonging to the Retail-Wholesale sector has declined -1.55% and closed its last trading session at $30.46.
The company reported its EPS on 11/02/2016. Currently, the stock has a 1 Year Price Target of $30.
The consensus recommendation, according to Zacks Investment research, is 2.94. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 2.94 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 3 and 2.86 respectively.
Whole Foods Market, Inc. on 11/02/2016 reported its EPS as $0.28 with the analysts projecting the EPS of the stock as $0.24. The company beat the analyst EPS Estimate with the difference of $0.04. This shows a surprise factor of 16.7%.
Many analysts have provided their estimated foresights on Whole Foods Market, Inc. Earnings, with 22 analysts believing the company would generate an Average Estimate of $0.39. Whereas they predicted High and Low Earnings Estimate as $0.44 and $0.35 respectively. While in the same Quarter Previous year, the Actual EPS was $0.46.
Analysts are also projecting an Average Revenue Estimate for Whole Foods Market, Inc. as $4.99 Billion in the Current Quarter. This estimate is provided by 17 analysts. The High Revenue estimate is predicted as 5.02 Billion, while the Low Revenue Estimate prediction stands at 4.93 Billion. The company’s last year sales total was 4.83 Billion.
For the Current Quarter, the growth estimate for Whole Foods Market, Inc. is -15.2%, while for the Next Quarter the stock growth estimate is -6.8%. In the past 5 years, the stock showed growth of 5.92% per annum. While for the next 5 years, the growth estimate is 2.66%.
The Company got Downgrade by BofA/Merrill on 4-Nov-16 from Neutral to Underperform.
Insider Trades for Whole Foods Market, Inc. show that the latest trade was made on 13 Dec 2016 where Flanagan (Glenda J), the Chief Financial Officer completed a transaction type “Sell” in which 4250 shares were traded at a price of $31.37.
6 Insider Sales transactions were made totaling 39072 shares traded.
18 analysts projected Price Targets for Whole Foods Market, Inc.. The analysts believe that the company stock price could grow as high as $40. The Low Price target projection by analysts is $21 and the Mean Price Target is $30.
Whole Foods Market, Inc. (NASDAQ:WFM) has the market capitalization of $9.78 Billion. The company rocked its 52-Week High of $35.58 on Jun 8, 2016 and touched its 52-Week Low of $27.67 on Sep 14, 2016. The stock has Return on Assets (ROA) of 8 percent. Return on Equity (ROE) stands at 15.7% and Return on Investment (ROI) of 12.6 percent.
The stock is currently showing YTD performance of -0.98 Percent. The company has Beta Value of 0.78 and ATR value of 0.62. The Weekly and Monthly Volatility stands at 1.91% and 2.12%.
Whole Foods Market is the largest purveyor of natural foods in the world. They own and operate the country’s largest chain of natural food supermarkets. They are like an old-fashioned neighborhood grocery store, an organic farmer’s market, a European bakery, a New York deli, and a modern supermarket all rolled into one! The Company also offers a wide variety of non-perishable natural products on its Web site at http://wholefoods.com.
The article first appeared in factsreporter.com