Whole Foods Market (WFM) PT Cut to $45 at SunTrust Robinson Humphrey; Maintains 'Buy'

Go back to Whole Foods Market (WFM) PT Cut to $45 at SunTrust Robinson Humphrey; Maintains 'Buy'

Imperial Capital Cuts Price Target on Whole Foods Market (WFM) to $53 Following 3Q Results

July 31, 2015 7:49 AM EDT

Imperial Capital maintained an Outperform rating on Whole Foods Market (NASDAQ: WFM), and cut the price target to $53.00 (from $65.00), following 3Q15 results. WFM reported 3Q15 EPS of $0.43 vs. $0.41 in 3Q14. 4Q15 EPS is expected to be $0.34-0.35.

Analyst Mitchell Pinheiro commented, "We are maintaining our Outperform rating and lowering our one-year price target to $53 from $65 on shares... More

Whole Foods Market (WFM) PT Slashed to $35 at BMO Capital; 'Comp Trends and Visibility Remain Challenging'

July 30, 2015 8:18 AM EDT

BMO Capital analyst Kelly Bania reiterated her Market Perform rating and cut her price target on Whole Foods Market (NASDAQ: WFM) to $35.00 (from $45.00) following Q3 results, noting comp trends and visibility remain challenging.

Bania commented, "While comp trends appear to be impacted by negative press... More

Whole Foods Market (WFM) PT Taken Down to $46 at RBC Capital; 'Buy' Maintained

July 30, 2015 7:42 AM EDT

RBC Capital analyst William Kirk lowered his price target on Whole Foods Market (NASDAQ: WFM) to $46.00 (from $51.00) but maintained an Outperform rating following weaker-than-expected Q3 results.

Krik commented, "After a weaker-than-expected quarter, soft quarter-to-date trends, and commentary suggesting near-term comp growth isn't the priority,... More

Wedbush Downgrades Whole Foods Market (WFM) to Neutral

July 30, 2015 7:27 AM EDT

Wedbush downgraded Whole Foods Market (NASDAQ: WFM) from Outperform to Neutral with a price target of $40.00 (from $54.00).

Analyst Phil Terpolilli commented, " After market close yesterday WFM reported 3Q15 EPS of $0.43 (or $0.44 adjusted vs. Wedbush $0.44, consensus $0.45), while top-line also fell short of our expectations, including... More

Morgan Stanley Downgrades Whole Foods Market (WFM) to Equalweight

July 30, 2015 7:02 AM EDT

Morgan Stanley downgraded Whole Foods Market (NASDAQ: WFM) from Overweight to Equalweight with a price target of $37.00 (from $56.00).

For an analyst ratings summary and ratings history on Whole Foods Market click here. For more ratings news on Whole Foods Market click here.

Shares of Whole Foods Market closed at $40.82 yesterday.

... More

Canaccord Genuity Downgrades Whole Foods Market (WFM) to Hold

July 30, 2015 6:48 AM EDT

Canaccord Genuity downgraded Whole Foods Market (NASDAQ: WFM) from Buy to Hold with a price target of $38.00 (from $51.00).

For an analyst ratings summary and ratings history on Whole Foods Market click here. For more ratings news on Whole Foods Market click here.

Shares of Whole Foods Market closed at $40.82 yesterday.

... More

Whole Foods Market (WFM) Misses Q3 EPS by 1c, Sees FY15 Comp Sales Growth in Low Single Digits

July 29, 2015 4:05 PM EDT

(Updated - July 29, 2015 4:10 PM EDT)

Whole Foods Market (NASDAQ: WFM) reported Q3 EPS of $0.44, $0.01 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $3.63 billion versus the consensus estimate of $3.69 billion.

Comparable store sales on a constant currency basis increased 1.3%.

"In the third quarter, our sales increased 8% to a record $3.6 billion translating to healthy EBITDA margin and return on invested capital," said Walter Robb, co-chief... More