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

Shares of Once Upon A Farm (NYSE:OFRM) have received an average rating of “Hold” from the eleven analysts that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, five have given 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 $26.1250.

Several research analysts have recently issued reports on OFRM shares. William Blair began coverage on shares of Once Upon A Farm in a report on Tuesday, March 3rd. They issued an “outperform” rating for the company. The Goldman Sachs Group began coverage on shares of Once Upon A Farm in a research note on Tuesday, March 3rd. They set a “buy” rating and a $43.00 price objective on the stock. Evercore set a $23.00 price objective on shares of Once Upon A Farm in a research note on Friday, May 8th. Zacks Research upgraded shares of Once Upon A Farm to a “hold” rating in a research note on Wednesday, February 18th. Finally, Bank of America began coverage on shares of Once Upon A Farm in a research note on Tuesday, March 3rd. They set a “buy” rating and a $26.00 price objective on the stock.

Once Upon A Farm Price Performance

OFRM stock opened at $17.22 on Thursday. The business has a 50-day moving average of $15.51. Once Upon A Farm has a fifty-two week low of $14.00 and a fifty-two week high of $27.00.

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