Once Upon A Farm (NYSE:OFRM) Stock Rating Lowered by Wall Street Zen

Once Upon A Farm (NYSE:OFRM - Get Free Report) was downgraded by Wall Street Zen from a "hold" rating to a "sell" rating in a research note issued to investors on Saturday.

Other equities analysts have also issued reports about the company. The Goldman Sachs Group assumed coverage on Once Upon A Farm in a research report on Tuesday, March 3rd. They set a "buy" rating and a $43.00 price target on the stock. Zacks Research upgraded Once Upon A Farm to a "hold" rating in a research report on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft dropped 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. TD Cowen decreased their target price on shares of Once Upon A Farm from $26.00 to $18.00 and set a "hold" rating on the stock in a research note on Monday, April 20th. Finally, William Blair started coverage on shares of Once Upon A Farm in a research note on Tuesday, March 3rd. They issued an "outperform" rating on the stock. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $26.13.

Once Upon A Farm Stock Up 4.8%

Once Upon A Farm stock opened at $16.03 on Friday. The stock has a fifty day simple moving average of $17.44. Once Upon A Farm has a twelve month low of $14.00 and a twelve month high of $27.00.

Once Upon A Farm (NYSE:OFRM - Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The organic kids food company reported ($0.59) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.21) by ($0.38). The firm had revenue of $72.72 million during the quarter. The business's quarterly revenue was up 43.7% compared to the same quarter last year.

Insider Activity at Once Upon A Farm

In related news, Director Walter E. Iv Robb bought 5,555 shares of the business's stock in a transaction dated Monday, February 9th. The shares were purchased at an average price of $18.00 per share, with a total value of $99,990.00. Following the purchase, the director owned 145,970 shares of the company's stock, valued at approximately $2,627,460. This trade represents a 3.96% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.