NASDAQ:FREE

Whole Earth Brands (FREE) Stock Forecast, Price & News

$3.60

+0.02 (+0.56%)

(As of 09/29/2023 08:53 PM ET)

Compare

Today's Range: $3.58
▼
$3.63
50-Day Range: $3.44
▼
$4.13
52-Week Range: $2.09
▼
$4.72

Volume: 47,400 shs
Average Volume: 410,003 shs
Market Capitalization: $153.97 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $9.06

Whole Earth Brands MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 151.7% Upside
$9.06 Price Target
Short Interest: Healthy
4.34% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.44
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.61) to $0.06 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.18 out of 5 stars

Consumer Staples Sector

84th out of 134 stocks

Sugar & Confectionery Products Industry

3rd out of 5 stocks

3.5

Analyst's Opinion

Consensus Rating
Whole Earth Brands has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $9.06, Whole Earth Brands has a forecasted upside of 151.7% from its current price of $3.60.
Amount of Analyst Coverage
Whole Earth Brands has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
4.34% of the float of Whole Earth Brands has been sold short.
Short Interest Ratio / Days to Cover
Whole Earth Brands has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Whole Earth Brands has recently increased by 5.69%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Whole Earth Brands does not currently pay a dividend.
Dividend Growth
Whole Earth Brands does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FREE.

1.9

News and Social Media Coverage

News Sentiment
Whole Earth Brands has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Whole Earth Brands this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for FREE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Whole Earth Brands insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.75% of the stock of Whole Earth Brands is held by insiders.
Percentage Held by Institutions
70.99% of the stock of Whole Earth Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Whole Earth Brands are expected to grow in the coming year, from ($0.61) to $0.06 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Whole Earth Brands is -1.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Whole Earth Brands is -1.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Whole Earth Brands has a P/B Ratio of 0.55. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Whole Earth Brands (NASDAQ:FREE) Stock

Whole Earth Brands, Inc. operates as a food company worldwide. It operates through two segments, Branded CPG and Flavors & Ingredients. The Branded CPG segment focuses on building a branded portfolio serving consumers seeking zero-calorie, low-calorie, organic, non-GMO, no-sugar added, and plant-based, and Fair Trade spaces in zero/low calorie sweeteners, honey, agave, baking mix, and baking chocolate products. It sells products under the Whole Earth, Pure Via, Wholesome, Swerve, Canderel, and Equal brands. This segment offers various sweetener formulations under each brand to address local consumer preferences and price points. The Flavors & Ingredients segment provides functional ingredients with flavoring enhancement, flavor/aftertaste masking, moisturizing, product mouth feel modification, and skin soothing characteristics. This segment also offers licorice-derived products for use in confectionary, food, beverage, cosmetic, pharmaceutical, personal care, and tobacco products applications. The company was incorporated in 2020 and is based in Chicago, Illinois.

FREE Price History

30 days | 90 days | 365 days | Advanced Chart

FREE Stock News Headlines

September 22, 2023 | theguardian.com

Junking green policies, junking investment: scorched-earth Conservatism is all Sunak offers now

August 9, 2023 | finance.yahoo.com

Whole Earth Brands Reports Second Quarter 2023 Results

October 2, 2023 | Chaikin Analytics (Ad)

This is the #1 Stock to Buy for the AI Tidal Wave

Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.

July 18, 2023 | msn.com

Canaccord Genuity Reiterates Whole Earth Brands Inc - (FREE) Buy Recommendation

July 17, 2023 | marketwatch.com

Whole Earth Puts CEO Franklin on Leave as Board Weighs Buyout >FREE

July 14, 2023 | latimes.com

‘Earth Mama’ sensitively evokes issues of race, class and motherhood

July 9, 2023 | fool.com

Whole Earth Brands (NASDAQ: FREE)

May 12, 2023 | msn.com

Canaccord Genuity Maintains Whole Earth Brands Inc - (FREE) Buy Recommendation

October 2, 2023 | Chaikin Analytics (Ad)

This is the #1 Stock to Buy for the AI Tidal Wave

Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.

April 28, 2023 | marketwatch.com

Grain Free Pet Food Market Growth by 2031

April 24, 2023 | theglobeandmail.com

Canadian companies cover new ground with Earth-observation technology

April 22, 2023 | thetimes.co.uk

Best of all worlds: 10 green brands and services to celebrate Earth Day

April 22, 2023 | msn.com

“We Have One Earth. Who Are We Waiting For?”

April 21, 2023 | thetimes.co.uk

My thrilling journey to the end of the earth

April 21, 2023 | marketwatch.com

Brewing Up a Sustainable Future: Gaviña Coffee Company Celebrates Earth Day With Recycling Milestone

April 21, 2023 | msn.com

12 of the Best Earth Day Sales in 2023

April 21, 2023 | msn.com

10 Grocery Items That Help Save the Planet

April 20, 2023 | msn.com

What to do in MKE: Milwaukee with Kids Weekend Picks: April 20-23

April 11, 2023 | msn.com

OKC Beautiful invites community to inaugural Earth Fest event

April 11, 2023 | msn.com

7-Day Earth Day Challenge: A Week to Better Health for You & Our Planet

April 11, 2023 | bizjournals.com

Brilliant Earth opens second New York City jewelry showroom

April 8, 2023 | news.yahoo.com

Library Lines: Celebrate, protect the planet for Earth Day

March 29, 2023 | news.yahoo.com

Earth Week Plus hosts documentary showing on April 16

March 27, 2023 | forbes.com

Earth Day Is Almost Here–Go Green With These Cool Products

March 22, 2023 | finance.yahoo.com

Insider Buying: Martin Ellis Franklin Just Spent US$7.6m On Whole Earth Brands, Inc. (NASDAQ:FREE) Shares

March 15, 2023 | news.yahoo.com

These Erotic Images Celebrate The Earth & The Male Form

March 14, 2023 | insidermonkey.com

Whole Earth Brands, Inc. (NASDAQ:FREE) Q4 2022 Earnings Call Transcript

See More Headlines

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FREE Company Calendar

Last Earnings: 8/09/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Sugar & confectionery products
Sub-Industry: N/A
Sector: Consumer Staples
Current Symbol: NASDAQ:FREE
CUSIP: N/A
CIK: 1753706
Web: www.wholeearthbrands.com
Phone: (212) 335-4500
Fax: N/A
Employees: 760
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $9.06
High Stock Price Forecast: $11.00
Low Stock Price Forecast: $6.00
Forecasted Upside/Downside: +151.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.10)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-58,750,000.00
Net Margins: -16.33%
Pretax Margin: -14.01%
Return on Equity: -30.19%
Return on Assets: -9.74%

Debt

Debt-to-Equity Ratio: 1.67
Current Ratio: 3.32
Quick Ratio: 1.06

Sales & Book Value

Annual Sales: $538.27 million
Price / Sales: 0.29
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $6.54 per share
Price / Book: 0.55

Miscellaneous

Outstanding Shares: 42,770,000
Free Float: 41,163,000
Market Cap: $153.97 million
Optionable: Optionable
Beta: 0.58

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Key Executives

Mr. Irwin David Simon (Age 65)
Exec. Chairman
Comp: $500k

Mr. Jeffrey S. Robinson (Age 59)
Pres of Whole Earth Brands Flavors & Ingredients Division and Interim Co-CEO
Comp: $480.54k

Mr. Michael Franklin (Age 27)
Director & Interim CEO (Leave of Absence )

Mr. Rajnish Ohri
Pres, COO & Interim Co-CEO

Mr. Bernardo Fiaux
Chief Financial Officer

Mr. Brian F. Litman
Chief Accounting Officer

Ira W. Schlussel
VP, Gen. Counsel & Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FREE Stock - Frequently Asked Questions

Should I buy or sell Whole Earth Brands stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Whole Earth Brands in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" FREE shares.
View FREE analyst ratings or view top-rated stocks.
What is Whole Earth Brands' stock price forecast for 2023?: 3 equities research analysts have issued 1 year price targets for Whole Earth Brands' stock. Their FREE share price forecasts range from $6.00 to $11.00. On average, they predict the company's share price to reach $9.06 in the next twelve months. This suggests a possible upside of 151.7% from the stock's current price.
View analysts price targets for FREE or view top-rated stocks among Wall Street analysts.
How have FREE shares performed in 2023?: Whole Earth Brands' stock was trading at $4.07 at the start of the year. Since then, FREE shares have decreased by 11.5% and is now trading at $3.60.
View the best growth stocks for 2023 here.
Are investors shorting Whole Earth Brands?: Whole Earth Brands saw a increase in short interest in September. As of September 15th, there was short interest totaling 1,300,000 shares, an increase of 5.7% from the August 31st total of 1,230,000 shares. Based on an average daily trading volume, of 342,500 shares, the days-to-cover ratio is currently 3.8 days. Approximately 4.3% of the company's stock are sold short.
View Whole Earth Brands' Short Interest.
When is Whole Earth Brands' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our FREE earnings forecast.
How were Whole Earth Brands' earnings last quarter?: Whole Earth Brands, Inc. (NASDAQ:FREE) issued its quarterly earnings results on Wednesday, August, 9th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by $0.06. The firm had revenue of $132.90 million for the quarter, compared to analyst estimates of $136.85 million. Whole Earth Brands had a negative net margin of 16.33% and a negative trailing twelve-month return on equity of 30.19%.

What guidance has Whole Earth Brands issued on next quarter's earnings?: Whole Earth Brands issued an update on its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $550.00 million-$565.00 million, compared to the consensus revenue estimate of $554.35 million.
What is Whole Earth Brands' stock symbol?: Whole Earth Brands trades on the NASDAQ under the ticker symbol "FREE."
How do I buy shares of Whole Earth Brands?: Shares of FREE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Whole Earth Brands' stock price today?: One share of FREE stock can currently be purchased for approximately $3.60.
How much money does Whole Earth Brands make?: Whole Earth Brands (NASDAQ:FREE) has a market capitalization of $153.97 million and generates $538.27 million in revenue each year. The company earns $-58,750,000.00 in net income (profit) each year or ($2.10) on an earnings per share basis.
How many employees does Whole Earth Brands have?: The company employs 760 workers across the globe.
How can I contact Whole Earth Brands?: Whole Earth Brands' mailing address is 125 S. WACKER DRIVE SUITE 3150, CHICAGO IL, 60606. The official website for the company is www.wholeearthbrands.com. The company can be reached via phone at (212) 335-4500 or via email at investor@wholeearthbrands.com.

This page (NASDAQ:FREE) was last updated on 10/2/2023 by MarketBeat.com Staff

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