Once Upon A Farm (NYSE:OFRM) Given Average Rating of “Hold” by Brokerages

Once Upon A Farm (NYSE:OFRM) has been given a consensus rating of “Hold” by the eleven brokerages that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $26.1250.

Several brokerages have commented on OFRM. Weiss Ratings assumed coverage on shares of Once Upon A Farm in a research note on Friday, May 1st. They set a “sell (e-)” rating for the company. Wall Street Zen cut shares of Once Upon A Farm from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Barclays decreased their target price on shares of Once Upon A Farm from $20.00 to $18.00 and set an “equal weight” rating for the company in a research report on Friday, May 8th. TD Cowen cut their price target on Once Upon A Farm from $26.00 to $18.00 and set a “hold” rating on the stock in a research report on Monday, April 20th. Finally, Evercore set a $23.00 price objective on Once Upon A Farm in a research note on Friday, May 8th.

Once Upon A Farm Price Performance

Once Upon A Farm stock opened at $21.41 on Monday. Once Upon A Farm has a 52 week low of $14.00 and a 52 week high of $27.00. The firm has a market capitalization of $896.91 million and a P/E ratio of -89.19. The business’s 50-day moving average price is $16.97.

Once Upon A Farm (NYSE:OFRM) last issued its earnings results on Thursday, May 7th. The organic kids food company reported ($0.59) EPS for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.38). The company had revenue of $72.72 million during the quarter. Once Upon A Farm’s revenue was up 43.7% on a year-over-year basis.

Once Upon A Farm Company Profile

Once Upon A Farm (NYSE: OFRM) is a U.S.-based producer of refrigerated organic foods for infants, toddlers and young children. The company’s product lineup emphasizes cold-pressed, organic purees, blends and smoothies formulated for early childhood nutrition. Its offerings are positioned around whole-food ingredients, limited processing and claims of no artificial preservatives or added sugars, with packaging designed for convenience and on-the-go feeding.

Once Upon A Farm distributes its products through a combination of retail and direct-to-consumer channels, serving customers primarily across the United States.