Whole Foods Market, Inc. (NASDAQ:WFM) registered a -0.57% decrease, still its new closing price is 8.20% up from the company’s 1 year high of 35.10.It posted -4.91% losses in previous 5 sessions and is now the subject of 13 analysts who together assign a hold rating on stock. 3 of Wall Street analysts have an underperform rating; the 4 sells versus 1 buy or better ratings. The 26 stock analysts following this company have an average price target at $30.53, with individual PT in the $21.00-$40.00 range. The shares moved at $29.66, implying that brokerage firms see shares gaining about 5.46% in twelve months time.
Whole Foods Market, Inc. (WFM) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -3.13% fall year to date. A EVP Growth & Business Develop at Whole Foods Market, Inc. (WFM) offloaded shares in a transaction closed on Wednesday December 14, 2016. SUD JAMES P sold 1,700 shares in the company at $31.3 each and collected $53,000 in proceeds. SUD JAMES P now owns 184,622 shares in the company after this transaction. A EVP & CFO in the company, Flanagan Glenda J, disclosed a transaction on Wednesday December 14, 2016 that ended up generating $144,000 from the sale of 4,592 shares at $31.37 per share.
Whole Foods Market, Inc. (NASDAQ:WFM) Upcoming Results on Tap
Whole Foods Market, Inc. will next provide financial results for the December 2017 quarter. Stock analysts expect it to report per-share earnings of $0.41 in that period. Sales during the quarter are predicted to arrive at $5.2 billion.
Earnings surprise history: Last quarter, the company posted approximately $3.5 billion in revenue and EPS of $0.28. The mean forecast was for $3.5 billion and $0.24 a share, respectively. One quarter earlier, revenue for the stock was at $3.7 billion, with earnings at $0.37/share.
Whole Foods Market, Inc. (WFM) Brokerage Update
Whole Foods Market, Inc. (WFM) is in BofA/Merrill’s research list so their analyst rating change is noteworthy. These shares were downgraded to Underperform from Neutral by BofA/Merrill, according to news reported on Friday November 04, 2016.Another important research note was issued by Goldman on Tuesday July 26, 2016.The firm downgraded WFM to Sell from Neutral. Over the last six months and over the last three months, the shares of Whole Foods Market, Inc. (WFM), have changed -1.52% and 3.96%, respectively.