Once Upon A Farm (NYSE:OFRM) Given Average Rating of “Hold” by Brokerages

Once Upon A Farm (NYSE:OFRM) has earned a consensus recommendation of “Hold” from the eleven research firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $26.1250.

Several analysts have recently commented on OFRM shares. Weiss Ratings started coverage on Once Upon A Farm in a report on Friday, May 1st. They set a “sell (e-)” rating for the company. TD Cowen dropped their price objective on shares of Once Upon A Farm from $26.00 to $18.00 and set a “hold” rating on the stock in a report on Monday, April 20th. Barclays reduced their price target on Once Upon A Farm from $20.00 to $18.00 and set an “equal weight” rating for the company in a research report on Friday, May 8th. Wall Street Zen downgraded shares of Once Upon A Farm from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, Evercore set a $23.00 target price on Once Upon A Farm in a research report on Friday, May 8th.

Once Upon A Farm Trading Up 6.7%

OFRM opened at $18.45 on Monday. The company has a market cap of $773.09 million and a price-to-earnings ratio of -76.88. Once Upon A Farm has a 12 month low of $14.00 and a 12 month high of $27.00. The stock has a fifty day moving average of $17.42.

Once Upon A Farm (NYSE:OFRM) last issued its quarterly earnings data on Thursday, May 7th. The organic kids food company reported ($0.59) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.38). The company had revenue of $72.72 million during the quarter. The business’s quarterly revenue was up 43.7% compared to the same quarter last year.

Once Upon A Farm Company Profile

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.