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Whole Foods Market (NYSE:WFM) was downgraded by investment analysts at Cantor Fitzgerald from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday, TheFlyOnTheWall.com reports.

A number of other firms have also recently commented on WFM. Analysts at BMO Capital Markets downgraded shares of Whole Foods Market from an “outperform” rating to a “market perform” rating in a research note on Wednesday. Separately, analysts at Deutsche Bank downgraded shares of Whole Foods Market from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, analysts at Sterne Agee downgraded shares of Whole Foods Market from a “buy” rating to a “neutral” rating in a research note on Wednesday. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the stock. Whole Foods Market has a consensus rating of “Hold” and a consensus target price of $60.57.

Shares of Whole Foods Market (NYSE:WFM) opened at 47.95 on Wednesday. Whole Foods Market has a 52-week low of $47.70 and a 52-week high of $65.59. The stock has a 50-day moving average of $50.7 and a 200-day moving average of $54.75. The company has a market cap of $17.836 billion and a price-to-earnings ratio of 32.19. Whole Foods Market also saw some unusual options trading activity on Monday. Stock investors bought 10,457 call options on the stock. This represents an increase of 183% compared to the typical daily volume of 3,693 call options.

Whole Foods Market (NYSE:WFM) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.38 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.41 by $0.03. The company had revenue of $3.32 billion for the quarter, compared to the consensus estimate of $3.34 billion. During the same quarter last year, the company posted $0.76 earnings per share. Whole Foods Market’s revenue was up 9.7% compared to the same quarter last year. On average, analysts predict that Whole Foods Market will post $1.61 earnings per share for the current fiscal year.

Whole Foods Market, Inc (NYSE:WFM), is a retailer of natural and organic foods.

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