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

Once Upon A Farm (NYSE:OFRM) has been given an average rating of “Hold” by the eleven research firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $26.1250.

A number of research firms have weighed in on OFRM. William Blair began coverage on shares of Once Upon A Farm in a research note on Tuesday, March 3rd. They issued an “outperform” rating on the stock. Oppenheimer began coverage on shares of Once Upon A Farm in a research note on Tuesday, March 3rd. They issued an “outperform” rating and a $35.00 price objective on the stock. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Once Upon A Farm from $22.00 to $17.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. The Goldman Sachs Group began 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 price objective on the stock. Finally, Weiss Ratings began coverage on shares of Once Upon A Farm in a research note on Friday, May 1st. They issued a “sell (e-)” rating on the stock.

Once Upon A Farm Stock Performance

NYSE:OFRM opened at $15.91 on Friday. Once Upon A Farm has a 52 week low of $14.00 and a 52 week high of $27.00. The company has a fifty day moving average price of $16.56.

Once Upon A Farm (NYSE:OFRM) last issued its earnings results on Thursday, May 7th. The organic kids food company reported ($0.59) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.21) by ($0.38). The company had revenue of $72.72 million for 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.