Favorable Media Coverage Somewhat Unlikely to Affect Whole Foods Market (WFM) Share Price

Press coverage about Whole Foods Market (NASDAQ:WFM) has trended positive this week, according to Accern. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Whole Foods Market earned a news impact score of 0.36 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 44.8818361267193 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:

Shares of Whole Foods Market (NASDAQ WFM) traded up $0.01 during trading on Tuesday, hitting $42.00. 760,065 shares of the stock were exchanged, compared to its average volume of 6,545,410. The firm has a market cap of $13,450.00, a PE ratio of 34.71 and a beta of 0.82. Whole Foods Market has a fifty-two week low of $27.67 and a fifty-two week high of $43.84. The company has a quick ratio of 1.29, a current ratio of 1.65 and a debt-to-equity ratio of 0.30.

Several research analysts have recently commented on WFM shares. Jefferies Group reissued a “hold” rating on shares of Whole Foods Market in a research note on Thursday, August 31st. Pivotal Research reissued a “hold” rating on shares of Whole Foods Market in a research note on Tuesday, August 29th. Finally, Royal Bank of Canada set a $42.00 price objective on shares of Whole Foods Market and gave the company a “buy” rating in a research note on Tuesday, August 29th. Three equities research analysts have rated the stock with a sell rating, nineteen have given a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $38.43.

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Whole Foods Market Company Profile

Whole Foods Market, Inc is engaged in the business of natural and organic foods supermarket. The Company operates approximately 456 stores in the United States, Canada and the United Kingdom. Its stores have an average size of approximately 39,000 square feet, and are supported by its distribution centers, bake house facilities, commissary kitchens, seafood-processing facilities, a produce procurement center, and a specialty coffee and tea procurement and roasting operation, among others.

Insider Buying and Selling by Quarter for Whole Foods Market (NASDAQ:WFM)

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