The Fresh Market (TFM) Releases Quarterly Earnings Results

The Fresh Market (NYSE: TFM) issued its quarterly earnings data on Wednesday. The company reported $0.46 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.44 by $0.02, Stock Ratings Network.com reports. The company had revenue of $366.60 million for the quarter, compared to the consensus estimate of $369.69 million.

TFM has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of The Fresh Market from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, April 8th. They now have a $41.40 price target on the stock. On the ratings front, analysts at Northcoast Research upgraded shares of The Fresh Market from a “sell” rating to a “neutral” rating in a research note to investors on Monday, March 25th. Finally, analysts at Raymond James initiated coverage on shares of The Fresh Market in a research note to investors on Tuesday, March 19th. They set a “strong-buy” rating on the stock.

Eight investment analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $54.49.

Shares of The Fresh Market (NYSE: TFM) opened at 46.36 on Wednesday. The Fresh Market has a 52 week low of $36.51 and a 52 week high of $65.69. The stock’s 50-day moving average is currently $40.77. The company has a market cap of $2.235 billion and a P/E ratio of 34.66.

The Fresh Market, Inc., (NYSE: TFM) is a specialty retailer.

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