Once Upon A Farm (NYSE:OFRM) Receives Consensus Rating of “Moderate Buy” from Brokerages

Once Upon A Farm (NYSE:OFRM) has been given an average rating of “Moderate Buy” by the ten ratings firms that are presently covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $28.3750.

A number of equities analysts have recently commented on the stock. Wall Street Zen lowered shares of Once Upon A Farm from a “hold” rating to a “sell” rating in a research report on Saturday, March 21st. Evercore assumed coverage on shares of Once Upon A Farm in a report on Tuesday, March 3rd. They set a “hold” rating and a $26.00 price objective for the company. The Goldman Sachs Group started coverage on shares of Once Upon A Farm in a research note on Tuesday, March 3rd. They issued a “buy” rating and a $43.00 target price on the stock. William Blair assumed coverage on shares of Once Upon A Farm in a report on Tuesday, March 3rd. They issued an “outperform” rating on the stock. Finally, Zacks Research raised shares of Once Upon A Farm to a “hold” rating in a research report on Wednesday, February 18th.

Once Upon A Farm Stock Down 3.0%

Shares of NYSE OFRM opened at $15.86 on Friday. Once Upon A Farm has a 52 week low of $15.00 and a 52 week high of $27.00.

Once Upon A Farm (NYSE:OFRM) last posted its earnings results on Thursday, March 12th. The organic kids food company reported $0.11 earnings per share for the quarter, hitting the consensus estimate of $0.11. The company had revenue of $64.03 million during the quarter, compared to analyst estimates of $62.65 million.

Insider Activity at Once Upon A Farm

In other Once Upon A Farm news, Director Walter E. Iv Robb acquired 5,555 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were acquired at an average cost of $18.00 per share, for a total transaction of $99,990.00. Following the completion of the purchase, the director owned 145,970 shares of the company’s stock, valued at approximately $2,627,460. This trade represents a 3.96% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

About Once Upon A Farm

Once Upon A Farm (NYSE: OFRM) is a U.S.-based producer of refrigerated organic foods for infants, toddlers and young children. The company’s product lineup emphasizes cold-pressed, organic purees, blends and smoothies formulated for early childhood nutrition. Its offerings are positioned around whole-food ingredients, limited processing and claims of no artificial preservatives or added sugars, with packaging designed for convenience and on-the-go feeding.

Once Upon A Farm distributes its products through a combination of retail and direct-to-consumer channels, serving customers primarily across the United States.