Goodfood Market (FOOD) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: C$0.48 to C$0.54
• 50-Day Range: C$0.25 to C$0.49
• 52-Week Range: C$0.20 to C$0.54
• Volume: 360,900 shs
• Average Volume: 49,611 shs
• Market Capitalization: C$37.84 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$0.58
• Consensus Rating: Hold

Goodfood Market Stock Analysis - MarketRank™

Goodfood Market scored higher than 19% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

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 received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Goodfood Market is -9.80, 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 -9.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FOOD.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Goodfood Market does not currently pay a dividend.

Dividend Growth

Goodfood Market does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for FOOD.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.82

News Sentiment

Goodfood Market has a news sentiment score of 0.82. 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 is a higher news sentiment than the 0.34 average news sentiment score of Consumer Cyclical companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Goodfood Market this week, compared to 3 articles on an average week.

Search Interest

2 people have searched for FOOD on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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

23.16% 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 12.56% of the stock of Goodfood Market is held by institutions.

FOOD Stock Analysis - Frequently Asked Questions

How have FOOD shares performed this year?

Goodfood Market's stock was trading at C$0.25 on January 1st, 2024. Since then, FOOD stock has increased by 100.0% and is now trading at C$0.49.
View the best growth stocks for 2024 here.

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.

What other stocks do shareholders of Goodfood Market own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Goodfood Market investors own include Meta Platforms (META), Shopify (SHOP), Toronto-Dominion Bank (TD), Enbridge (ENB), NVIDIA (NVDA), Suncor Energy (SU) and WELL Health Technologies (WELL).

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: +19.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-3,960,000.00
• Net Margins: -2.54%
• Pretax Margin: N/A
• Return on Equity: -564.95%
• Return on Assets: 1.61%

Debt

• Debt-to-Equity Ratio: 346.01
• Current Ratio: 1.34
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: C$156 million
• Price / Sales: 0.24
• Cash Flow: C$0.40 per share
• Price / Cash Flow: 1.22
• Book Value: C($0.30) per share
• Price / Book: -1.63

Miscellaneous

• Outstanding Shares: 77,230,000
• Free Float: N/A
• Market Cap: C$37.84 million
• Optionable: Not Optionable
• Beta: -0.34