Market Update (NASDAQ:WFM): Whole Foods Market Recognized 19 Consecutive Years on FORTUNE’s ‘100 Best Companies to Work For’ List

[Business Wire] – Whole Foods Market earned a spot on FORTUNE magazine’s annual “100 Best Companies to Work For” list, marking the 19th consecutive year the company has received the recognition. Read more on this. Whole Foods Market, Inc. (WFM) , valued at $10.75B, started trading this morning at $32.20. Shares have traded today between $31.92 and $32.81 per share with the price of the stock fluctuating between $28.07 to $56.50 over the last 52 weeks. Whole Foods (WFM) shares are currently priced at 20.06x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 14.99x earnings multiple for the same period. And for income investors, the company pays shareholders $0.54 per share annually in dividends, yielding 1.74%. In a review of the consensus earnings estimate this quarter, 28 sell-side analysts are looking at $0.41 per share, which would be $0.02 worse than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $1.55, which would be a $0.06 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $3.74 Billion. If reported, that would be a 2.47% increase over the year-ago quarter. In terms of ratings, Wells Fargo Initiated WFM at Market Perform (Feb 17, 2016). Previously, Longbow upgraded WFM from Underperform to Neutral. With the above information in mind, readers should note that the average price target is $29.58, which is 8.14% below where the stock opened this morning. See more in (NASDAQ:WFM) Similar Articles: Company Update: Whole Foods Market Inc (NASDAQ:WFM) – UnReal® Launches Limited Edition UNREAL LOVE Valentine’s Day Tins with Whole Foods Market® Stock Update: Whole Foods Market Inc (NASDAQ:WFM) – GPM Reminds Whole Foods Market, Inc. Investors Of the October 5th Deadline Market Update: Whole Foods Market Inc (NASDAQ:WFM) – Whole Foods Market® and Instacart Partnership Moves Mountains of Groceries in First Year
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