Once Upon A Farm (NYSE:OFRM) Trading Down 4.8% – What’s Next?

Shares of Once Upon A Farm (NYSE:OFRM) fell 4.8% during trading on Monday . The stock traded as low as $18.06 and last traded at $17.9610. 476,530 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 753,884 shares. The stock had previously closed at $18.87.

Wall Street Analyst Weigh In

OFRM has been the subject of a number of research reports. Bank of America assumed coverage on Once Upon A Farm in a report on Tuesday, March 3rd. They issued a “buy” rating and a $26.00 price target for the company. JPMorgan Chase & Co. started coverage on Once Upon A Farm in a research note on Tuesday, March 3rd. They set an “overweight” rating and a $29.00 price target on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Once Upon A Farm in a research note on Tuesday, March 3rd. They issued a “hold” rating and a $25.00 price objective for the company. Wall Street Zen upgraded shares of Once Upon A Farm to a “hold” rating in a report on Saturday, February 14th. Finally, Barclays started coverage on shares of Once Upon A Farm in a report on Tuesday, March 3rd. They issued an “equal weight” rating and a $25.00 price target for the company. Five analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Once Upon A Farm has an average rating of “Moderate Buy” and a consensus price target of $29.38.

Once Upon A Farm Price Performance

Once Upon A Farm (NYSE:OFRM) last released its quarterly earnings data on Thursday, March 12th. The organic kids food company reported $0.11 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.11. The firm had revenue of $64.03 million during the quarter, compared to analysts’ expectations of $62.65 million.

Insider Buying and Selling at Once Upon A Farm

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

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.