Boulder Brands Upgraded by Longbow Research to Buy (BDBD)
Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Boulder Brands in a research note on Thursday, July 10th. They now have a $13.10 price target on the stock, down previously from $17.00. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Boulder Brands presently has an average rating of “Buy” and a consensus price target of $130.30.
Boulder Brands (NASDAQ:BDBD) opened at 13.81 on Wednesday. Boulder Brands has a 1-year low of $11.01 and a 1-year high of $18.46. The stock has a 50-day moving average of $12.71 and a 200-day moving average of $14.5. The company has a market cap of $842.5 million and a price-to-earnings ratio of 122.36.
Boulder Brands (NASDAQ:BDBD) last released its earnings data on Thursday, August 7th. The company reported $0.05 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.05. The company had revenue of $131.30 million for the quarter, compared to the consensus estimate of $130.30 million. During the same quarter last year, the company posted $0.06 earnings per share. Boulder Brands’s revenue was up 18.6% compared to the same quarter last year. On average, analysts predict that Boulder Brands will post $0.40 earnings per share for the current fiscal year.
Boulder Brands, Inc is a supplier of gluten-free and health and wellness products in the United States and Canada.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.