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Fairway Group Holdings Corp (NYSE:FWM)‘s stock had its “underperform” rating reaffirmed by stock analysts at Credit Suisse in a report issued on Friday. They currently have a $4.00 target price on the stock, down from their previous target price of $5.50. Credit Suisse’s target price would suggest a potential downside of 26.87% from the stock’s previous close.

Shares of Fairway Group Holdings Corp (NYSE:FWM) opened at 5.48 on Friday. Fairway Group Holdings Corp has a 1-year low of $5.45 and a 1-year high of $26.09. The stock’s 50-day moving average is $6. and its 200-day moving average is $7.38. The company’s market cap is $238.0 million.

Fairway Group Holdings Corp (NYSE:FWM) last announced its earnings results on Thursday, August 7th. The company reported ($0.22) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.11) by $0.11. The company had revenue of $198.27 million for the quarter, compared to the consensus estimate of $196.91 million. During the same quarter in the prior year, the company posted ($2.11) earnings per share. The company’s quarterly revenue was up 6.2% on a year-over-year basis. Analysts expect that Fairway Group Holdings Corp will post $-0.46 EPS for the current fiscal year.

A number of other analysts have also recently weighed in on FWM. Analysts at Oppenheimer cut their price target on shares of Fairway Group Holdings Corp from $7.00 to $6.00 in a research note on Friday. They now have a “market perform” rating on the stock. Separately, analysts at BMO Capital Markets reiterated a “market perform” rating on shares of Fairway Group Holdings Corp in a research note on Friday, May 30th. They now have a $7.50 price target on the stock, down previously from $8.00. Two analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $7.17.

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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