In last trading session, Whole Earth Brands Inc. (NASDAQ:FREE) saw 0.38 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $12.34 trading at -$0.13 or -1.04% at ring of the bell on the day assigns it a market valuation of $467.07M. That closing price of FREE’s stock is at a discount of -21.15% from its 52-week high price of $14.95 and is indicating a premium of 37.52% from its 52-week low price of $7.71. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.25 million shares which gives us an average trading volume of 336.48K if we extend that period to 3-months.
For Whole Earth Brands Inc. (FREE), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 1.70. Splitting up the data highlights that, out of 6 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.14 in the current quarter.
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Upright in the red during last session for losing -1.04%, in the last five days FREE remained trading in the red while hitting it’s week-highest on Tuesday, 09/07/21 when the stock touched $12.34 price level, adding 4.86% to its value on the day. Whole Earth Brands Inc.’s shares saw a change of 13.21% in year-to-date performance and have moved -1.83% in past 5-day. Whole Earth Brands Inc. (NASDAQ:FREE) showed a performance of 1.65% in past 30-days. Number of shares sold short was 2.32 million shares which calculate 9.33 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $21.82 to the stock, which implies a rise of 43.45% to its current value. Analysts have been projecting $18.00 as a low price target for the stock while placing it at a high target of $25.00. It follows that stock’s current price would drop -102.59% in reaching the projected high whereas dropping to the targeted low would mean a loss of -45.87% for stock’s current value.
Whole Earth Brands Inc. (FREE) estimates and forecasts
This year revenue growth is estimated to rise 82.80% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $126.49 million for the same. And 6 analysts are in estimates of company making revenue of $130.27 million in the next quarter that will end on Sep 2021.
Whole Earth Brands Inc. is more likely to be releasing its next quarterly report between August 12 and August 16 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Whole Earth Brands Inc. (NASDAQ:FREE)’s Major holders
Insiders are in possession of 8.40% of company’s total shares while institution are holding 70.83 percent of that, with stock having share float percentage of 77.32%. Investors also watch the number of corporate investors in a company very closely, which is 70.83% institutions for Whole Earth Brands Inc. that are currently holding shares of the company. River Road Asset Management, LLC is the top institutional holder at FREE for having 2.45 million shares of worth $31.94 million. And as of Mar 30, 2021, it was holding 6.37% of the company’s outstanding shares.
The second largest institutional holder is FMR, LLC, which was holding about 2.32 million shares on Mar 30, 2021. The number of shares represents firm’s hold over 6.03% of outstanding shares, having a total worth of $30.21 million.
On the other hand, AMG Managers River Road Small Cap Value Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jan 30, 2021, the former fund manager was holding 1.1 million shares of worth $12.49 million or 2.87% of the total outstanding shares. The later fund manager was in possession of 1.09 million shares on Mar 30, 2021, making its stake of worth around $14.25 million in the company or a holder of 2.84% of company’s stock.