Should I buy or sell Goodfood Market stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Goodfood Market in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FOOD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FOOD, but not buy additional shares or sell existing shares. View FOOD analyst ratings or view top-rated stocks .

What is Goodfood Market's stock price target for 2024?

2 brokers have issued twelve-month price targets for Goodfood Market's shares. Their FOOD share price targets range from C$0.50 to C$0.75. On average, they anticipate the company's share price to reach C$0.58 in the next year. This suggests a possible upside of 82.3% from the stock's current price. View analysts price targets for FOOD or view top-rated stocks among Wall Street analysts .

How have FOOD shares performed in 2024?

Goodfood Market's stock was trading at C$0.25 at the beginning of 2024. Since then, FOOD stock has increased by 30.6% and is now trading at C$0.32. View the best growth stocks for 2024 here .

When is Goodfood Market's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 16th 2024. View our FOOD earnings forecast .

What other stocks do shareholders of Goodfood Market own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Goodfood Market investors own include Enbridge (ENB) , Lightspeed Commerce (LSPD) , Manulife Financial (MFC) , Toronto-Dominion Bank (TD) , Aphria (APHA) , BCE (BCE) , Bank of Nova Scotia (BNS) , Cineplex (CGX) , Walt Disney (DIS) and Methanex (MX) .

How do I buy shares of Goodfood Market?

Shares of FOOD stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:FOOD

Goodfood Market (FOOD) Stock Price, News & Analysis

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Free FOOD Stock Alerts

C$0.32

-0.02 (-5.88%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$0.32
▼
C$0.32
50-Day Range: C$0.24
▼
C$0.34
52-Week Range: C$0.21
▼
C$0.57

Volume: 3,180 shs
Average Volume: 48,095 shs
Market Capitalization: C$24.63 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$0.58

Stock Analysis Analyst Forecasts Chart Competitors Headlines

Get Goodfood Market alerts:

Goodfood Market MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 82.3% Upside
C$0.58 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.30
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.90 out of 5 stars

3.0

Analyst's Opinion

Consensus Rating
Goodfood Market has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Goodfood Market has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for FOOD.

0.0

Dividend Strength

Dividend Yield
Goodfood Market does not currently pay a dividend.
Dividend Growth
Goodfood Market does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FOOD.

2.4

News and Social Media Coverage

News Sentiment
Goodfood Market has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Goodfood Market this week, compared to 2 articles on an average week.
Search Interest
Only 3 people have searched for FOOD on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
1 people have added Goodfood Market to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Goodfood Market insiders have not sold or bought any company stock.
Percentage Held by Insiders
23.36% of the stock of Goodfood Market is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 12.75% of the stock of Goodfood Market is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Goodfood Market is -3.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Goodfood Market is -3.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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About Goodfood Market Stock (TSE:FOOD)

Goodfood Market Corp., an online grocery company, delivers fresh meals and add-ons in Canada. It offers ready-to-eat and ready-to-cook products, which include meal solutions, bakery, dessert, meat and seafood, drinks, pantry, produce, snacks, dairy, frozen, and kitchen essentials. Goodfood Market Corp. is headquartered in Saint-Laurent, Canada.

FOOD Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FOOD Stock News Headlines

April 18, 2024 | seekingalpha.com

Goodfood Market Corp. (GDDFF) Q2 2024 Earnings Call Transcript

April 17, 2024 | msn.com

Miscela Project dinner event in Rochester sells out fast

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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April 15, 2024 | msn.com

An Expert Guide To Pairing Whiskey With Dried Fruits

April 12, 2024 | bizjournals.com

Operators of Pho Yuba bringing Vietnamese eatery to Market Square food court

April 9, 2024 | msn.com

French Quarter Fest guide: Food, music lineup, traffic and more

April 9, 2024 | finance.yahoo.com

Introducing Stuzzi: Hot Sauce in Its Most Perfect Form

April 8, 2024 | msn.com

Our critic had many expectations for the revamped Vue de Monde. But one thing surprised her

April 19, 2024 | DTI (Ad)

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April 6, 2024 | theguardian.com

Tesco sits at the top of the food chain but rivals are growing peckish

April 5, 2024 | msn.com

The best markets to visit in New Zealand from North to South

April 3, 2024 | msn.com

Hot doughnuts, icy cocktails, Cantonese classics: a critic’s guide to Melbourne’s essential restaurants, bars, pubs and more

April 3, 2024 | uk.news.yahoo.com

Award-winning 16th century pub handed POOR food hygiene rating

April 2, 2024 | msn.com

The Best Restaurants In Fulton Market

March 31, 2024 | seekingalpha.com

I'm Hunting For Value As Q2 Begins

March 29, 2024 | forbes.com

Nourish + Bloom Market On Several Missions Including Using AI

March 23, 2024 | msn.com

Here Are 13 Reasons Why Boomers Are Safe in Retirement and Gen Z is Scratching Their Heads

March 22, 2024 | msn.com

Traditionalists, look away now. Good Food’s pick of the hot cross buns are not what you might expect

March 22, 2024 | msn.com

UK FSA proposes reform to product-approval process

March 21, 2024 | msn.com

The First Name in Ranch Dressing Is Coming for Breakfast

March 20, 2024 | msn.com

The Worst Color Serving Bowl To Use For A Salad

March 20, 2024 | msn.com

Best places to retire for people who love wine country

March 18, 2024 | msn.com

Delectable. Adorable. Inhalable. These sliders go well with March Madness entertaining

March 18, 2024 | msn.com

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March 16, 2024 | msn.com

I tried Devon's 'impossible wrap' and it lives up to its name

March 15, 2024 | msn.com

Q&A: Wilmington bartender, Bar Boss contender works at what she calls a hidden gem

March 14, 2024 | msn.com

From ‘Barbie’ chai to cheesy pistachio knafeh: Five unmissable dishes at Sydney’s most popular food festival

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Consumer Cyclical
Industry: Personal Services
Sub-Industry: N/A
Current Symbol: TSE:FOOD
CUSIP: N/A
CIK: N/A
Web: www.makegoodfood.ca
Phone: 1(855) 515-5191
Fax: N/A
Employees: 780
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$0.58
High Stock Price Target: C$0.75
Low Stock Price Target: C$0.50
Potential Upside/Downside: +82.3%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.09)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: C$-6,730,000.00
Net Margins: -4.16%
Pretax Margin: N/A
Return on Equity: -564.95%
Return on Assets: -2.27%

Debt

Debt-to-Equity Ratio: 346.01
Current Ratio: 1.12
Quick Ratio: 0.77

Sales & Book Value

Annual Sales: C$161.87 million
Price / Sales: 0.15
Cash Flow: C$0.26 per share
Price / Cash Flow: 1.22
Book Value: C($0.33) per share
Price / Book: -0.97

Miscellaneous

Outstanding Shares: 76,970,000
Free Float: N/A
Market Cap: C$24.63 million
Optionable: Not Optionable
Beta: -0.35

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Key Executives

Mr. Jonathan Ferrari (Age 35)
Co-Founder, Chairman & CEO
Comp: $683.99k
Mr. Neil Cuggy (Age 35)
Co-Founder, President, COO & Director
Comp: $683.99k
Mr. Roslane Aouameur
Chief Financial Officer
Ms. Bipasha Chiu
Chief Technology Officer
Ms. Jennifer Stahlke
Executive VP of Marketing & Member of Happiness
Mr. Simon Brown
Executive Vice-President of Product & Merchandising
Mr. Raffi Krikorian
Executive Vice-President of Ready-to-Cook & Supply Chain

Key Competitors

View All Competitors

FOOD Stock Analysis - Frequently Asked Questions

Should I buy or sell Goodfood Market stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Goodfood Market in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FOOD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FOOD, but not buy additional shares or sell existing shares.
View FOOD analyst ratings or view top-rated stocks.
What is Goodfood Market's stock price target for 2024?: 2 brokers have issued twelve-month price targets for Goodfood Market's shares. Their FOOD share price targets range from C$0.50 to C$0.75. On average, they anticipate the company's share price to reach C$0.58 in the next year. This suggests a possible upside of 82.3% from the stock's current price.
View analysts price targets for FOOD or view top-rated stocks among Wall Street analysts.
How have FOOD shares performed in 2024?: Goodfood Market's stock was trading at C$0.25 at the beginning of 2024. Since then, FOOD stock has increased by 30.6% and is now trading at C$0.32.
View the best growth stocks for 2024 here.
When is Goodfood Market's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 16th 2024.
View our FOOD earnings forecast.

What other stocks do shareholders of Goodfood Market own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Goodfood Market investors own include Enbridge (ENB), Lightspeed Commerce (LSPD), Manulife Financial (MFC), Toronto-Dominion Bank (TD), Aphria (APHA), BCE (BCE), Bank of Nova Scotia (BNS), Cineplex (CGX), Walt Disney (DIS) and Methanex (MX).
How do I buy shares of Goodfood Market?: Shares of FOOD stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:FOOD) was last updated on 4/19/2024 by MarketBeat.com Staff

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Goodfood Market (FOOD) Stock Price, News & Analysis

Goodfood Market MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Goodfood Market Stock (TSE:FOOD)

FOOD Stock Price History

FOOD Stock News Headlines

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

FOOD Stock Analysis - Frequently Asked Questions

Overall MarketRank^™