Stock Update: Whole Foods Market Inc (NASDAQ:WFM) – Whole Foods Market Expands Partnership with Coalition of Immokalee Workers

[Business Wire] – Whole Foods Market will be the first food retailer to offer strawberries certified by the Fair Food Program, a partnership that brings together workers, consumers, growers and retailers in support of humane labor standards and fairer wages in U.S. Read more on this. Whole Foods Market, Inc. (WFM) , with a current value of $10.72B, opened at $33.18. Shares have traded today between $32.87 and $33.27 per share and has traded between $28.07 and $53.14 over the past year. Whole Foods (WFM) shares are currently priced at 21.33x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 22.94x earnings multiple for the same period. The company pays shareholders $0.54 per share annually in dividends, yielding 1.62%. According to a consensus of 28 analysts, the earnings estimate of $0.41 per share would be $0.02 worse than the year-ago quarter and a $0.00 sequential decrease. Investors should also note that the full-year EPS estimate of $1.56 is a $0.05 setback when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $3.75 Billion. If reported, that would be a 2.74% increase over the year-ago quarter. More recently, Wells Fargo Initiated WFM at Market Perform (Feb 17, 2016). Previously, Longbow upgraded WFM from Underperform to Neutral. The average price target for WFM shares by the analysts covering it is $29.83, which is 10.10% below where the stock opened. See more in (NASDAQ:WFM) Similar Articles: Stock Update: Whole Foods Market Inc (NASDAQ:WFM) – Whole Foods Market® and Instacart Announce New Markets, Growth Plans Market Update (NASDAQ:WFM): SolarCity (SCTY) Stock Gains on Whole Foods Partnership Stock Update: Whole Foods Market Inc (NASDAQ:WFM) – GPM Reminds Whole Foods Market, Inc. Investors Of the October 5th Deadline
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