Barfresh Food Group (NASDAQ:BRFH) Given Sell (E+) Rating at Weiss Ratings

Key Points

• Barfresh Food Group has been given a sell (E+) rating by Weiss Ratings, while Maxim Group recently raised its target price on the stock from $5.00 to $6.00 and assigned a buy rating.
• The company's stock price currently stands at $3.35, with a 52-week low of $1.81 and a high of $6.08, reflecting significant fluctuations in value.
• Barfresh reported a negative net margin of 27.38% and earnings per share (EPS) of ($0.06) for the last quarter, meeting analysts' expectations but indicating ongoing financial challenges.

Barfresh Food Group (NASDAQ:BRFH - Get Free Report)'s stock had its "sell (e+)" rating reissued by Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Separately, Maxim Group raised their target price on shares of Barfresh Food Group from $5.00 to $6.00 and gave the stock a "buy" rating in a report on Friday, September 19th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $6.00.

Barfresh Food Group Price Performance

BRFH traded down $0.20 on Wednesday, reaching $3.35. The company had a trading volume of 5,264 shares, compared to its average volume of 29,440. Barfresh Food Group has a 52-week low of $1.81 and a 52-week high of $6.08. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.85 and a current ratio of 1.97. The business has a 50 day simple moving average of $3.12 and a 200 day simple moving average of $2.94. The company has a market cap of $53.40 million, a price-to-earnings ratio of -16.75 and a beta of 1.03.

Barfresh Food Group (NASDAQ:BRFH - Get Free Report) last issued its quarterly earnings results on Wednesday, August 13th. The company reported ($0.06) EPS for the quarter, meeting analysts' consensus estimates of ($0.06). Barfresh Food Group had a negative net margin of 27.38% and a negative return on equity of 176.38%. The business had revenue of $1.63 million for the quarter, compared to analysts' expectations of $2.14 million. Barfresh Food Group has set its FY 2025 guidance at EPS. As a group, sell-side analysts anticipate that Barfresh Food Group will post -0.13 EPS for the current year.

Institutional Investors Weigh In On Barfresh Food Group

An institutional investor recently raised its position in Barfresh Food Group stock. HighTower Advisors LLC increased its holdings in Barfresh Food Group Inc. (NASDAQ:BRFH - Free Report) by 20.3% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 156,255 shares of the company's stock after buying an additional 26,316 shares during the quarter. HighTower Advisors LLC owned about 0.98% of Barfresh Food Group worth $477,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 22.66% of the company's stock.

Barfresh Food Group Company Profile

Barfresh Food Group, Inc, together with its subsidiaries, manufactures and distributes ready-to-drink and ready-to-blend frozen beverages in the United States. It offers smoothies, shakes and frappes in various formats comprising ready-to-drink smoothie, easy pour, juice concentrates, and single serve.

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