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

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

OFRM has been the subject of a number of research analyst reports. TD Cowen lowered their price objective on shares of Once Upon A Farm from $26.00 to $18.00 and set a “hold” rating for the company in a research report on Monday, April 20th. William Blair initiated coverage on shares of Once Upon A Farm in a research report on Tuesday, March 3rd. They set an “outperform” rating for the company. Zacks Research upgraded shares of Once Upon A Farm to a “hold” rating in a research report on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Once Upon A Farm from $22.00 to $17.00 and set a “hold” rating for the company in a research report on Monday, March 30th. Finally, Barclays lowered their price objective on shares of 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.

Once Upon A Farm Stock Down 2.5%

Shares of NYSE:OFRM opened at $15.91 on Friday. The firm has a 50 day moving average price of $16.56. Once Upon A Farm has a 12 month low of $14.00 and a 12 month high of $27.00.

Once Upon A Farm (NYSE:OFRM) last issued 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 firm had revenue of $72.72 million for the quarter. The firm’s revenue for the quarter was up 43.7% on a year-over-year basis.

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.