Blue Apron Holdings, Inc. (NYSE:APRN) – Equities researchers at KeyCorp issued their FY2017 EPS estimates for Blue Apron Holdings in a research report issued on Monday. KeyCorp analyst E. Yruma expects that the company will post earnings of ($1.77) per share for the year. KeyCorp currently has a “Sector Weight” rating on the stock. KeyCorp also issued estimates for Blue Apron Holdings’ Q4 2017 earnings at ($0.28) EPS, Q1 2018 earnings at ($0.27) EPS, Q2 2018 earnings at ($0.16) EPS, Q3 2018 earnings at ($0.26) EPS, Q4 2018 earnings at ($0.19) EPS and FY2018 earnings at ($0.88) EPS.

APRN has been the topic of several other reports. Citigroup Inc. lowered shares of Blue Apron Holdings from a “buy” rating to a “neutral” rating and decreased their target price for the company from $10.00 to $5.50 in a report on Friday, August 11th. Zacks Investment Research lowered shares of Blue Apron Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Royal Bank Of Canada lifted their price target on shares of Blue Apron Holdings from $8.00 to $10.00 and gave the company an “outperform” rating in a report on Friday, August 11th. CIBC reaffirmed a “market perform” rating on shares of Blue Apron Holdings in a report on Monday, August 21st. Finally, SunTrust Banks, Inc. reaffirmed a “hold” rating and set a $5.50 price target on shares of Blue Apron Holdings in a report on Tuesday, October 24th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $7.12.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally posted by Daily Political and is the property of of Daily Political. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of US and international trademark and copyright legislation. The correct version of this piece of content can be read at https://www.dailypolitical.com/2017/11/23/equities-analysts-set-expectations-for-blue-apron-holdings-inc-s-fy2017-earnings-aprn.html.

Blue Apron Holdings (APRN) opened at $2.97 on Thursday. The company has a quick ratio of 2.73, a current ratio of 3.15 and a debt-to-equity ratio of 0.48. Blue Apron Holdings has a 1-year low of $2.94 and a 1-year high of $11.00.

Blue Apron Holdings (NYSE:APRN) last released its earnings results on Thursday, November 2nd. The company reported ($0.47) EPS for the quarter, missing the consensus estimate of ($0.43) by ($0.04). The business had revenue of $210.60 million for the quarter, compared to analysts’ expectations of $191.47 million. During the same quarter in the prior year, the company posted ($0.56) earnings per share. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis.

A number of large investors have recently bought and sold shares of the stock. BBR Partners LLC acquired a new stake in Blue Apron Holdings during the 3rd quarter worth approximately $147,000. Stifel Financial Corp acquired a new position in shares of Blue Apron Holdings in the 3rd quarter worth approximately $805,000. Wells Fargo & Company MN lifted its position in shares of Blue Apron Holdings by 27.4% in the 3rd quarter. Wells Fargo & Company MN now owns 85,530 shares of the company’s stock worth $467,000 after purchasing an additional 18,370 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in shares of Blue Apron Holdings in the 3rd quarter worth approximately $364,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Blue Apron Holdings in the 3rd quarter worth approximately $120,000. Institutional investors and hedge funds own 92.53% of the company’s stock.

In related news, major shareholder First Round Capital Iv Partner sold 189,819 shares of Blue Apron Holdings stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $3.04, for a total transaction of $577,049.76. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, major shareholder First Round Capital Iv, L.P. sold 77,647 shares of Blue Apron Holdings stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $3.13, for a total transaction of $243,035.11. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,942,522 shares of company stock worth $6,241,031.

About Blue Apron Holdings

Blue Apron Holdings, Inc is a holding company. The Company is focused on providing recipes and fresh ingredients for making home cooking accessible. The Company offers under a novel business model in which it source, process, store and package meal ingredients and ship them directly to consumers. The Company’s core products include Meals and Wine.

Earnings History and Estimates for Blue Apron Holdings (NYSE:APRN)

Receive News & Ratings for Blue Apron Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Apron Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.