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

Shares of Once Upon A Farm (NYSE:OFRM) have received an average rating of “Hold” from the eleven analysts that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $26.1250.

A number of research analysts recently weighed in on OFRM shares. Wall Street Zen downgraded Once Upon A Farm from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Barclays decreased their target price on 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 lowered their price target on Once Upon A Farm from $26.00 to $18.00 and set a “hold” rating on the stock in a report on Monday, April 20th. Weiss Ratings reissued a “sell (e-)” rating on shares of Once Upon A Farm in a research report on Wednesday. Finally, Evercore set a $23.00 price objective on shares of 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 $15.84 on Friday. The firm has a market capitalization of $663.77 million and a P/E ratio of -66.00. Once Upon A Farm has a one year low of $14.00 and a one year high of $27.00. The stock’s fifty day simple moving average is $17.67.

Once Upon A Farm (NYSE:OFRM) last announced its quarterly earnings results on Thursday, May 7th. The organic kids food company reported ($0.59) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.38). The business had revenue of $72.72 million during the quarter. Once Upon A Farm’s revenue for the quarter was up 43.7% compared to the same quarter last year.

About Once Upon A Farm

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.