Wall Street brokerages expect Blue Apron Holdings Inc (NYSE:APRN) to report earnings per share of ($0.17) for the current fiscal quarter, Zacks reports. Five analysts have made estimates for Blue Apron’s earnings. The highest EPS estimate is ($0.16) and the lowest is ($0.20). Blue Apron posted earnings of ($0.20) per share in the same quarter last year, which would suggest a positive year over year growth rate of 15%. The business is expected to report its next earnings results on Tuesday, February 12th.

On average, analysts expect that Blue Apron will report full-year earnings of ($0.68) per share for the current year, with EPS estimates ranging from ($0.71) to ($0.65). For the next financial year, analysts forecast that the company will report earnings of ($0.34) per share, with EPS estimates ranging from ($0.49) to ($0.24). Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Blue Apron.

Blue Apron (NYSE:APRN) last posted its quarterly earnings results on Tuesday, November 13th. The company reported ($0.18) EPS for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.04. The company had revenue of $150.62 million for the quarter, compared to analysts’ expectations of $157.20 million. Blue Apron had a negative net margin of 19.25% and a negative return on equity of 75.39%. Blue Apron’s revenue was down 28.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.47) EPS.

A number of equities research analysts recently commented on APRN shares. Zacks Investment Research raised shares of Blue Apron from a “sell” rating to a “hold” rating in a report on Wednesday, October 3rd. ValuEngine raised shares of Blue Apron from a “hold” rating to a “buy” rating in a report on Friday, October 12th. Guggenheim cut shares of Blue Apron from a “buy” rating to a “neutral” rating and set a $1.02 price target on the stock. in a report on Thursday, November 15th. Barclays lowered their price target on shares of Blue Apron from $2.50 to $1.25 and set an “equal weight” rating on the stock in a report on Thursday, November 15th. Finally, Stifel Nicolaus lowered their target price on shares of Blue Apron from $2.00 to $1.50 and set a “hold” rating on the stock in a report on Thursday, November 15th. Nine investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $2.28.

Shares of NYSE:APRN traded down $0.04 during mid-day trading on Friday, reaching $1.06. The company had a trading volume of 36,553 shares, compared to its average volume of 1,766,395. The company has a current ratio of 1.65, a quick ratio of 1.38 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $217.00 million, a PE ratio of -0.65 and a beta of -0.17. Blue Apron has a one year low of $1.02 and a one year high of $4.56.

In other news, insider Lainie Cooney sold 31,979 shares of the business’s stock in a transaction on Wednesday, November 28th. The shares were sold at an average price of $1.07, for a total transaction of $34,217.53. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder First Round Capital Iv, L.P. sold 1,300,000 shares of the business’s stock in a transaction on Tuesday, September 25th. The shares were sold at an average price of $1.70, for a total transaction of $2,210,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 1,649,251 shares of company stock worth $2,662,962 in the last three months. Insiders own 56.24% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in APRN. FMR LLC purchased a new position in shares of Blue Apron during the 3rd quarter valued at $3,431,000. Millennium Management LLC grew its position in shares of Blue Apron by 285.7% during the 2nd quarter. Millennium Management LLC now owns 2,242,735 shares of the company’s stock valued at $7,513,000 after purchasing an additional 1,661,211 shares in the last quarter. Baillie Gifford & Co. purchased a new position in shares of Blue Apron during the 3rd quarter valued at $2,259,000. River & Mercantile Asset Management LLP grew its position in shares of Blue Apron by 3.7% during the 2nd quarter. River & Mercantile Asset Management LLP now owns 4,025,413 shares of the company’s stock valued at $13,425,000 after purchasing an additional 142,660 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new position in shares of Blue Apron during the 3rd quarter valued at $208,000. Hedge funds and other institutional investors own 10.72% of the company’s stock.

Blue Apron Company Profile

Blue Apron Holdings, Inc operates an e-commerce marketplace that delivers original recipes and fresh ingredients for making home cooking accessible. It provides original recipes with the pre-portioned ingredients to complement tastes and lifestyles of college graduates, young couples, families, singles, and empty nesters.

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Earnings History and Estimates for Blue Apron (NYSE:APRN)

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