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Shares of Fairway Group Holdings Corp (NYSE:FWM) have received an average rating of “Hold” from the nine brokerages that are currently covering the stock, American Banking and Market News reports. Two analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $7.17.

FWM has been the subject of a number of recent research reports. Analysts at William Blair downgraded shares of Fairway Group Holdings Corp from an “outperform” rating to a “market perform” rating in a research note on Monday. Separately, analysts at Jefferies Group cut their price target on shares of Fairway Group Holdings Corp from $8.00 to $6.50 in a research note on Friday. Finally, analysts at Credit Suisse reiterated an “underperform” rating on shares of Fairway Group Holdings Corp in a research note on Friday. They now have a $4.00 price target on the stock, down previously from $5.50.

Fairway Group Holdings Corp (NYSE:FWM) traded down 2.92% on Monday, hitting $5.3201. 158,813 shares of the company’s stock traded hands. 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 $231.2 million.

Fairway Group Holdings Corp (NYSE:FWM) last issued its quarterly earnings data on Thursday, August 7th. The company reported ($0.22) earnings per share for the quarter, missing the analysts’ 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 previous year, the company posted ($2.11) earnings per share. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. On average, analysts predict that Fairway Group Holdings Corp will post $-0.52 earnings per share for the current fiscal year.

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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