Once Upon A Farm (NYSE:OFRM) Sets New 1-Year Low – Time to Sell?

Once Upon A Farm (NYSE:OFRM) hit a new 52-week low on Monday . The stock traded as low as $14.86 and last traded at $15.1750, with a volume of 699745 shares changing hands. The stock had previously closed at $15.33.

Analysts Set New Price Targets

OFRM has been the subject of several research reports. Oppenheimer assumed coverage on Once Upon A Farm in a research note on Tuesday, March 3rd. They issued an “outperform” rating and a $35.00 target price for the company. Barclays started coverage on Once Upon A Farm in a report on Tuesday, March 3rd. They issued an “equal weight” rating and a $25.00 price target on the stock. Deutsche Bank Aktiengesellschaft reduced their price objective on Once Upon A Farm from $22.00 to $17.00 and set a “hold” rating for the company in a research note on Monday, March 30th. William Blair initiated coverage on Once Upon A Farm in a research report on Tuesday, March 3rd. They set an “outperform” rating on the stock. Finally, Wall Street Zen cut Once Upon A Farm from a “hold” rating to a “sell” rating in a report on Saturday, March 21st. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $28.38.

Once Upon A Farm Price Performance

Once Upon A Farm (NYSE:OFRM) last posted its earnings results on Thursday, March 12th. The organic kids food company reported $0.11 EPS for the quarter, hitting the consensus estimate of $0.11. The firm had revenue of $64.03 million for the quarter, compared to the consensus estimate of $62.65 million.

Insider Buying and Selling

In other Once Upon A Farm news, Director Walter E. Iv Robb purchased 5,555 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The shares were acquired at an average cost of $18.00 per share, for a total transaction of $99,990.00. Following the completion of the acquisition, the director owned 145,970 shares of the company’s stock, valued at $2,627,460. The trade was a 3.96% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

About Once Upon A Farm

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.