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Analyst's Earnings Expectation about Stock: Whole Foods Market, Inc.'s (WFM)

Analyst's Earnings Expectation about Stock: Whole Foods Market, Inc.'s (WFM)

(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. (NASDAQ:WFM) to Hold in a report released on 4/12/2017. Zacks Investment Research raised Whole Foods Market from a sell rating to a hold rating in a research report on Saturday, January 7th.

Sell-side analyst recommendations point to a short term price target of $29.05 on the shares of Whole Foods Market, Inc. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $37.00 price objective on shares of Whole Foods Market in a research note on Friday, February 3rd. The stock stands almost -2.33% off versus the 52-week high and 25.04% away from the 52-week low. (NASDAQ:WFM) to report earnings on May, 3. They issued a "market perform" rating for the company. The consensus rating is 1.9, indicating analysts in general look favorably on the company's future prospects. The company has a consensus rating of Hold and an average target price of $29.61. (NASDAQ:WFM), its shares were trading at $33.55 a retreat of $-0.62, on the trading floor. Whole Foods Market Inc has $53 highest and $20 lowest target. The firm has a market cap of $10.87 billion, a PE ratio of 24.64 and a beta of 0.75.

Stock is now moving with a positive distance from the 200 day simple moving average of approximately 13.32%, and has a solid year to date (YTD) performance of 11.95% which means the stock is constantly adding to its value from the previous fiscal year end price.

The earnings of Whole Foods Market, Inc. The analyst recommendations from a month ago are 14 Buy, 3 Overweight, 0 Sell, 3 Hold and 0 Underweight. Whole Foods Market had a net margin of 2.81% and a return on equity of 14.57%.

18 analysts on average are expecting the company to report revenue of $3.72 Billion for the current quarter. During the same quarter in the previous year, the firm posted $0.46 EPS.

Whole Foods Market, Inc.'s growth estimate for the current quarter is -15.9 percent, and -5.4 percent for the next quarter.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 18th. Shareholders of record on Friday, April 7th will be paid a dividend of $0.14 per share.

The stock now has its Annual Dividend of $0.56 and an annual Dividend Yield of 1.64 Percent. The ex-dividend date of this dividend is Wednesday, April 5th. Whole Foods Market's dividend payout ratio (DPR) is presently 40.29%.

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Whole Foods Market, Inc is engaged in the business of natural and organic foods supermarket. The shares were sold at an average price of $31.28, for a total transaction of $132,940.00. The stock was sold at an average price of $29.30, for a total transaction of $60,387.30. Following the transaction, the chief financial officer now owns 219,372 shares of the company's stock, valued at $6,861,956.16.

In other news, insider Christina Minardi sold 2,061 shares of the business's stock in a transaction on Thursday, March 9th. Pacad Investment Ltd. bought a new position in shares of Whole Foods Market during the fourth quarter valued at about $163,000. On Monday, the hedge fund disclosed it had amassed a large stake in the chain and pressed it to explore a possible sale, freshen up its board and review everything from its agreement with its main food distributor to its real estate holdings. Over the last five days, shares have managed 5.17% gains and now is down -17.05% since hitting its 200-day moving average of $1.604. Institutional investors own 85.46% of the company's stock.

Vetr cut shares of Whole Foods Market, Inc.

The stock added in the prior trading session by 1.7%, closing at the stock price of $34.12.

4/11/2017-Standpoint Research initiated coverage with a Sell rating. BlackRock Institutional Trust Company N.A. increased its position in shares of Whole Foods Market by 1.6% in the third quarter. Seven Bridges Advisors LLC boosted its position in shares of Whole Foods Market by 55.4% in the third quarter.

The company has been one of the biggest innovators in "Grocery Stores" employing approximately 87000 full time employees.

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