(NASDAQ:WFM) will announce $0.34 earnings per share (EPS) for the current quarter, according to Zacks. TheStreet downgraded Whole Foods Market, Inc. The rating was downgraded by Northcoast on Wednesday, June 15 to "Sell". Moreover, Silver Capital Management Llc has 1.98% invested in the company for 17,360 shares. Analysts are forecasting earnings of $0.34 on a per share basis this quarter.
Whole Foods Market (NASDAQ:WFM) last released its quarterly earnings data on Wednesday, May 10th. The company reported $0.37 earnings per share for the quarter, hitting the consensus estimate of $0.37. Whole Foods Market had a return on equity of 14.57% and a net margin of 2.81%. The business's revenue was down 99.9% on a year-over-year basis. The business's revenue was down 99.9% compared to the same quarter a year ago.
Several research firms have recently weighed in on WFM.
Regional President, NUNEZ JUAN, sold 14,502 common shares of Whole Foods Market, Inc. The present value of the firm in the stock market is $5.03B. (NASDAQ:WFM) now have an ABR of 2.76.which is marked on a basic 1 to 5 scale, where 1 stands for a Strong Buy and 5 represents Strong Sell. Pivotal Research restated a "sell" rating and set a $20.00 target price on shares of Whole Foods Market in a research report on Friday, April 14th. Deutsche Bank maintained the shares of WFM in report on Thursday, November 5 with "Hold" rating.
The company's consensus rating is now Hold, with 4 analysts rating it a Strong Buy, and 9 analysts rating it with a Hold. The median target of analyst views collected by Yahoo Finance was as much as $-0.83 below WFM's recent stock price. The firm has "Outperform" rating by Wells Fargo given on Thursday, May 11. The stock was sold at an average price of $36.34, for a total transaction of $52,002.54. SRB Corp now owns 5,033 shares of the company's stock worth $143,000 after buying an additional 552 shares in the last quarter. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The company now has an average rating of "Hold" and an average price target of $32.94. The shares were sold at an average price of $31.23, for a total value of $160,397.28. The disclosure for this sale can be found here. Following the completion of the transaction, the insider now owns 3,418 shares in the company, valued at $124,688.64.
Several other institutional investors have also recently made changes to their positions in WFM. Advisory Services Network LLC acquired a new position in Whole Foods Market during the first quarter worth approximately $105,000.
For the Current Quarter, the growth estimate for Whole Foods Market, Inc.is -10.8%, while for the Next Quarter the stock growth estimate is -21.4%. With 4.16 million shares average volume, it will take short sellers 9 days to cover their WFM's short positions. Finally, State of Alaska Department of Revenue increased its stake in Whole Foods Market by 6.1% in the third quarter.
TRADEMARK VIOLATION NOTICE: "Whole Foods Market, Inc". Insiders sold 29,098 shares of company stock valued at $863,451 over the last quarter. It also upped Spdr S&P Midcap 400 Etf Trust (MDY) stake by 1,462 shares and now owns 36,841 shares. The firm has "Underperform" rating by Bank of America given on Friday, November 4. (WFM) now trades with a market capitalization of $11.30 Billion. The company has a 50 day moving average price of $35.39 and a 200 day moving average price of $31.74. On the other hand, such growth rates in EPS are more consistent in case of "matured companies" which has experienced a whole economic cycle of expansion and contraction, through a bear market phase along with a bull run. Investors of record on Friday, June 30th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 2.04%. This is a boost from Whole Foods Market's previous quarterly dividend of $0.14.