Real Good Food (RGF) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Real Good Food in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" RGF shares.
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3 Wall Street analysts have issued twelve-month price targets for Real Good Food's shares. Their RGF share price forecasts range from $7.00 to $10.00. On average, they anticipate the company's share price to reach $8.50 in the next year. This suggests a possible upside of 133.5% from the stock's current price.
View analysts price targets for RGF or view top-rated stocks among Wall Street analysts.

Real Good Food's stock was trading at $6.63 on January 1st, 2023. Since then, RGF shares have decreased by 45.1% and is now trading at $3.64.
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Real Good Food saw a increase in short interest in August. As of August 31st, there was short interest totaling 142,800 shares, an increase of 53.1% from the August 15th total of 93,300 shares. Based on an average trading volume of 96,000 shares, the short-interest ratio is presently 1.5 days. Currently, 2.1% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our RGF earnings forecast.

The Real Good Food Company, Inc. (NASDAQ:RGF) posted its earnings results on Monday, August, 14th. The company reported ($0.03) earnings per share for the quarter, beating analysts' consensus estimates of ($0.27) by $0.24. The business earned $35.36 million during the quarter, compared to the consensus estimate of $33.88 million. Real Good Food had a negative net margin of 10.04% and a negative trailing twelve-month return on equity of 35.02%.

Real Good Food updated its FY 2023 earnings guidance on Friday, August, 11th. The company provided EPS guidance of for the period. The company issued revenue guidance of $200.00M-, compared to the consensus revenue estimate of $202.95 million.

(RGF) raised $80 million in an initial public offering (IPO) on Friday, November 5th 2021. The company issued 5,333,333 shares at $14.00-$16.00 per share.

Real Good Food trades on the NASDAQ under the ticker symbol "RGF."

Real Good Food's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include AWM Investment Company Inc. (2.71%), Driehaus Capital Management LLC (2.60%), Sei Investments Co. (0.23%), Skylands Capital LLC (0.17%), Anchor Capital Advisors LLC (0.12%) and Private Advisor Group LLC (0.09%). Insiders that own company stock include Andrew J Stiffelman, Awm Investment Company, Inc, Deanna T Brady and Strand Equity Partners Iii, Ll.
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Shares of RGF 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.
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One share of RGF stock can currently be purchased for approximately $3.64.

Real Good Food (NASDAQ:RGF) has a market capitalization of $94.20 million and generates $141.59 million in revenue each year. The company earns $-10,980,000.00 in net income (profit) each year or ($2.08) on an earnings per share basis.

The company employs 130 workers across the globe.

The official website for the company is www.realgoodfoods.com. The company can be reached via phone at 856-644-5624 or via email at ir@realgoodfoods.com.