Stock To Watch: Whole Foods Market, Inc. (NASDAQ:WFM)


The leading market experts have placed a mean price target of $31.10 on Whole Foods Market, Inc. (NASDAQ:WFM) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.44 a share for the upcoming quarter and $1.52 for the current fiscal. Technical View The technical analysis of Whole Foods Market, Inc. plainly substantiates that the 50-day moving average of Whole Foods Market, Inc. is $32.38, and stock is hovering -1.90 or -5.86% distant from $32.38. It is noted that the 200-day MA is $31.40, and Whole Foods Market, Inc. stock is $-0.92 or -2.92% off from this point. Whole Foods Market, Inc. (NASDAQ:WFM) 52-week high is $36.46 and the 52-week low is $28.07. This explains if the stock moves $-5.98, it will post a 52-week high. In event of $+8.59% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Whole Foods Market, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Whole Foods Market, Inc. (NASDAQ:WFM) ratio came in at 21.62. The stock last ended the trading session at $30.48 and registered a market cap of $9.72B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Whole Foods Market, Inc. (NASDAQ:WFM) PEG ratio is at 4.75.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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