Share on StockTwits
 

Analysts at Raymond James initiated coverage on shares of Whole Foods Market (NYSE: WFM) in a research report issued to clients and investors on Tuesday, TheFlyOnTheWall.com reports. The firm set a “market perform” rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at Edward Jones upgraded shares of Whole Foods Market from a “hold” rating to a “buy” rating in a research note to investors on Monday, March 11th. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Whole Foods Market in a research note to investors on Wednesday, March 6th. They now have a $100.00 price target on the stock. Finally, analysts at Deutsche Bank cut their price target on shares of Whole Foods Market from $105.00 to $100.00 in a research note to investors on Friday, February 15th. They now have a “buy” rating on the stock.

Five analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. Whole Foods Market presently has a consensus rating of “Buy” and a consensus price target of $101.81.

Whole Foods Market (NYSE: WFM) traded up 0.92% on Tuesday, hitting $86.35. Whole Foods Market has a 1-year low of $80.81 and a 1-year high of $101.86. The stock’s 50-day moving average is currently $89.23. The company has a market cap of $16.003 billion and a price-to-earnings ratio of 32.27.

Whole Foods Market (NYSE: WFM) last released its earnings data on Wednesday, February 13th. The company reported $0.78 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.77 by $0.01. The company had revenue of $3.86 billion for the quarter, compared to the consensus estimate of $3.86 billion. During the same quarter in the prior year, the company posted $0.65 earnings per share. The company’s quarterly revenue was up 13.7% on a year-over-year basis. Whole Foods Market has set its FY13 guidance at $2.83-2.87 EPS. Analysts expect that Whole Foods Market will post $2.87 EPS for the current fiscal year.

Whole Foods Market, Inc. (NYSE: WFM) is a natural and organic foods supermarkets. As of September 25, 2011, Whole Foods Market operated 311 stores in the United States, Canada, and the United Kingdom.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.