Whole Foods Market (WFM) : Traders are bullish on Whole Foods Market (WFM) as it has outperformed the S&P 500 by a wide margin of 1.03% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.16%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.49% in the last 1 week, and is up 0.82% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.56% and the fifty day Moving Average is 2.85%. Whole Foods Market, Inc. has dropped 3.64% during the last three month period . Year-to-Date the stock performance stands at -7.07%.
Whole Foods Market (WFM) : The consensus price target for Whole Foods Market (WFM) is $31.79 for the short term with a standard deviation of $5.01. The most optimist securities analyst among the 14 who monitor the stock believes that the stock can reach $38, however, the pessimist price target for the company is $23.
Whole Foods Market (NASDAQ:WFM): On Fridays trading session , Opening price of the stock was $31.16 with an intraday high of $31.19. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $30.54. However, the stock managed to close at $30.73, a loss of 0.87% for the day. On the previous day, the stock had closed at $31. The total traded volume of the day was 3,729,727 shares.
Whole Foods Market, Inc. (Whole Foods Market) is a retailer of natural and organic foods and grocer. The Company has one operating segment, natural and organic foods supermarkets. As of September 29, 2013, Whole Foods Market operated 362 stores in the United States, Canada, and the United Kingdom. The Companys offices are supported by its headquarters, regional offices, distribution centers, bakehouse facilities, commissary kitchens, seafood-processing facilities, meat and produce procurement centers, and a specialty coffee and tea procurement and roasting operation. The Companys product selection includes grocery, meat, seafood, bakery, prepared foods and catering, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, body care, and lifestyle products including books, pet products, and household products. The Companys 365 and 365 Organic Everyday Day Value brands account for approximately half of its brand items.