Goodfood Market (FOOD) Stock Price, News & Analysis

Company Overview

Goodfood is a leading online grocery company in Canada, delivering fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. Goodfood's mission is to make the impossible come true, from farm to kitchen, by enabling members to complete their weekly meal planning and grocery shopping in minutes. Goodfood members have access to a unique selection of products and exclusive pricing made possible by its world class direct-to-consumer fulfilment ecosystem that eliminates waste and retail overhead. The Company has a production facility and administrative offices in Montreal, with five additional facilities located in Quebec, Ontario, Alberta, and British Columbia. A seventh production facility located in Ontario is currently under construction.

Key Stats

• Today's Range: C$0.28 to C$0.31
• 50-Day Range: C$0.17 to C$0.35
• 52-Week Range: C$0.14 to C$0.54
• Volume: 194,374 shs
• Average Volume: 158,475 shs
• Market Capitalization: C$29.01 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$0.25
• Consensus Rating: Hold

Goodfood Market Stock Analysis - MarketRank™

Goodfood Market scored higher than 2% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Goodfood Market has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Downside Risk

Goodfood Market has a consensus price target of C$0.25, representing about 15.3% downside from its current price of C$0.30.

Amount of Analyst Coverage

Goodfood Market has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Goodfood Market is -3.06, 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 Goodfood Market is -3.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FOOD.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Goodfood Market does not currently pay a dividend.

Dividend Growth

Goodfood Market does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for FOOD.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

1 people have searched for FOOD on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Goodfood Market insiders have not sold or bought any company stock.

Percentage Held by Insiders

23.16% of the stock of Goodfood Market is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.13% of the stock of Goodfood Market is held by institutions.

FOOD Stock Analysis - Frequently Asked Questions

How have FOOD shares performed this year?

Goodfood Market's stock was trading at C$0.38 at the beginning of the year. Since then, FOOD shares have decreased by 22.4% and is now trading at C$0.30.

How do I buy shares of Goodfood Market?

Shares of FOOD stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Goodfood Market own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Goodfood Market investors own include Meta Platforms (META), Shopify (SHOP), Toronto-Dominion Bank (TD), Enbridge (ENB), NVIDIA (NVDA), Suncor Energy (SU) and WELL Health Technologies (WELL).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Consumer Cyclical
• Industry: Personal Services
• Sub-Industry: N/A
• Current Symbol: TSE:FOOD
• CIK: N/A
• Web: www.makegoodfood.ca
• Phone: 1(855) 515-5191
• Fax: N/A
• Employees: 780
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Goodfood Market: C$0.25
• High Price Target: C$0.30
• Low Price Target: C$0.20
• Potential Upside/Downside: -15.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.10)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -C$3.10 million
• Net Margins: -2.14%
• Pretax Margin: N/A
• Return on Equity: 12.53%
• Return on Assets: 1.61%

Debt

• Debt-to-Equity Ratio: -212.01
• Current Ratio: 0.98
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: C$129.91 million
• Price / Sales: 0.22
• Cash Flow: C$0.24 per share
• Price / Cash Flow: 1.22
• Book Value: C($0.36) per share
• Price / Book: -0.83

Miscellaneous

• Outstanding Shares: 98,353,000
• Free Float: N/A
• Market Cap: C$29.01 million
• Optionable: Not Optionable
• Beta: 0.47