Boulder Brands Inc. Hits New 52-Week High at $17.17 (BDBD)
Shares of Boulder Brands (NASDAQ:BDBD) hit a new 52-week high during trading hours on Thursday, AR Network reports. The company traded as high as $17.17 and last traded at $16.98, with a volume of 334,080 shares trading hands. The stock had previously closed at $16.55.
BDBD has been the subject of a number of recent research reports. Analysts at Imperial Capital raised their price target on shares of Boulder Brands (NASDAQ:BDBD) from $16.00 to $19.00 in a research note to investors on Thursday, August 15th. They now have an “outperform” rating on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of Boulder Brands (NASDAQ:BDBD) from $11.00 to $14.00 in a research note to investors on Friday, August 2nd. They now have a “market perform” rating on the stock. Finally, analysts at BB&T Corp. raised their price target on shares of Boulder Brands (NASDAQ:BDBD) from $16.00 to $18.00 in a research note to investors on Friday, August 2nd. They now have a “buy” rating on the stock.
Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Boulder Brands currently has a consensus rating of “Buy” and a consensus price target of $16.65.
Boulder Brands has a 52-week low of $7.74 and a 52-week high of $16.89. The stock has a 50-day moving average of $15.90 and a 200-day moving average of $11.98. The company has a market cap of $1.010 billion and a price-to-earnings ratio of 147.77.
Boulder Brands (NASDAQ:BDBD) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.06 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.05 by $0.01. The company had revenue of $110.70 million for the quarter, compared to the consensus estimate of $106.63 million. Boulder Brands’s revenue was up 45.7% compared to the same quarter last year. On average, analysts predict that Boulder Brands will post $0.31 earnings per share for the current fiscal year.
Boulder Brands, Inc is a supplier of gluten-free and health and wellness products in the United States and Canada.
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