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Fairway Group Holdings Corp (NYSE:FWM)‘s stock had its “buy” rating reiterated by Jefferies Group in a research note issued on Friday. They currently have a $8.00 price objective on the stock, down from their previous price objective of $12.00. Jefferies Group’s price target points to a potential upside of 20.48% from the company’s current price.

Shares of Fairway Group Holdings Corp (NYSE:FWM) traded down 7.23% during mid-day trading on Friday, hitting $6.16. The stock had a trading volume of 648,361 shares. Fairway Group Holdings Corp has a 1-year low of $5.55 and a 1-year high of $28.87. The stock has a 50-day moving average of $6.60 and a 200-day moving average of $11.23. The company’s market cap is $265.6 million.

Fairway Group Holdings Corp (NYSE:FWM) last issued its quarterly earnings data on Thursday, May 29th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by $0.12. The company had revenue of $200.30 million for the quarter, compared to the consensus estimate of $199.20 million. During the same quarter in the previous year, the company posted ($1.17) earnings per share. The company’s revenue for the quarter was up 12.1% on a year-over-year basis. On average, analysts predict that Fairway Group Holdings Corp will post $-0.34 earnings per share for the current fiscal year.

Separately, analysts at Oppenheimer raised their price target on shares of Fairway Group Holdings Corp from $8.00 to $10.00 in a research note on Tuesday, March 25th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $9.92.

Fairway Group Holdings Corp. operates in the retail food industry, selling fresh, natural and organic products, prepared foods, and specialty and gourmet offerings along with a assortment of conventional groceries.

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