Once Upon A Farm (NYSE:OFRM) Hits New 52-Week Low – Here’s Why

Once Upon A Farm (NYSE:OFRM) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $20.10 and last traded at $20.3580, with a volume of 734834 shares trading hands. The stock had previously closed at $20.70.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. William Blair assumed coverage on shares of Once Upon A Farm in a research note on Tuesday, March 3rd. They issued an “outperform” rating on the stock. Wall Street Zen upgraded shares of Once Upon A Farm to a “hold” rating in a research note on Saturday, February 14th. Oppenheimer assumed coverage on shares of Once Upon A Farm in a research report on Tuesday, March 3rd. They set an “outperform” rating and a $35.00 target price on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on Once Upon A Farm in a report on Tuesday, March 3rd. They issued a “hold” rating and a $25.00 price target for the company. Finally, The Goldman Sachs Group started coverage on Once Upon A Farm in a research note on Tuesday, March 3rd. They issued a “buy” rating and a $43.00 price objective on the stock. Five analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Once Upon A Farm presently has a consensus rating of “Moderate Buy” and a consensus price target of $29.38.

Once Upon A Farm Stock Down 1.7%

Insider Activity

In other Once Upon A Farm news, Director Walter E. Iv Robb acquired 5,555 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The shares were bought at an average cost of $18.00 per share, with a total value of $99,990.00. Following the completion of the acquisition, the director directly owned 145,970 shares in the company, valued at $2,627,460. This represents a 3.96% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

About Once Upon A Farm

Once Upon A Farm (NYSE: OFRM) is a U.S.-based producer of refrigerated organic foods for infants, toddlers and young children. The company’s product lineup emphasizes cold-pressed, organic purees, blends and smoothies formulated for early childhood nutrition. Its offerings are positioned around whole-food ingredients, limited processing and claims of no artificial preservatives or added sugars, with packaging designed for convenience and on-the-go feeding.

Once Upon A Farm distributes its products through a combination of retail and direct-to-consumer channels, serving customers primarily across the United States.