Inventure Foods (SNAK) Set to Announce Earnings on Thursday
Inventure Foods (NASDAQ:SNAK) is set to post its Q214 quarterly earnings results on Thursday, July 31st. Analysts expect Inventure Foods to post earnings of $0.11 per share and revenue of $75.80 million for the quarter.
Inventure Foods (NASDAQ:SNAK) traded up 0.63% on Wednesday, hitting $11.26. 83,750 shares of the company’s stock traded hands. Inventure Foods has a 1-year low of $8.53 and a 1-year high of $14.50. The stock’s 50-day moving average is $11.74 and its 200-day moving average is $12.61. The company has a market cap of $218.9 million and a P/E ratio of 31.08.
On the ratings front, analysts at Zacks downgraded shares of Inventure Foods from an “outperform” rating to a “neutral” rating in a research note on Wednesday, July 2nd. They now have a $14.50 price target on the stock. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $14.16.
Inventure Foods, Inc is a marketer and manufacturer of healthy/natural and indulgent specialty snack food brands.
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