The Fresh Market Receives Consensus Recommendation of “Hold” from Analysts (NYSE:TFM)
The Fresh Market (NYSE:TFM) has been given an average recommendation of “Hold” by the fourteen brokerages that are presently covering the stock, StockRatingsNetwork reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $42.98.
Several analysts have recently commented on the stock. Analysts at Jefferies Group reiterated a “hold” rating on shares of The Fresh Market in a research note on Friday, May 23rd. They now have a $35.00 price target on the stock, down previously from $36.00. Analysts at Sterne Agee downgraded shares of The Fresh Market from a “neutral” rating to an “underperform” rating in a research note on Wednesday, May 7th. They now have a $29.00 price target on the stock, down previously from $35.00.
The Fresh Market (NYSE:TFM) opened at 35.39 on Monday. The Fresh Market has a one year low of $28.60 and a one year high of $57.16. The stock has a 50-day moving average of $32.81 and a 200-day moving average of $35.46. The company has a market cap of $1.713 billion and a price-to-earnings ratio of 37.60.
The Fresh Market (NYSE:TFM) last posted its quarterly earnings results on Thursday, May 22nd. The company reported $0.34 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.43 by $0.09. The company had revenue of $431.00 million for the quarter, compared to the consensus estimate of $419.85 million. During the same quarter in the prior year, the company posted $0.46 earnings per share. The company’s quarterly revenue was up 17.6% on a year-over-year basis. Analysts expect that The Fresh Market will post $1.58 EPS for the current fiscal year.
The Fresh Market, Inc, (NYSE:TFM) is a specialty retailer.
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