Culture

Inventure Foods, Inc. (NASDAQ:SNAK) Under Analyst Spotlight

Inventure Foods, Inc. (NASDAQ:SNAK) Under Analyst Spotlight”

Inventure Foods had 10 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has "Neutral" rating by DA Davidson given on Friday, January 13. As per Friday, November 6, the company rating was downgraded by DA Davidson. The firm earned "Buy" rating on Monday, March 21 by Roth Capital. First Wilshire Securities Management Inc acquired 57,495 shares as Inventure Foods Inc (SNAK)'s stock declined 31.83%. Canaccord Genuity maintained the shares of SNAK in report on Tuesday, January 19 with "Buy" rating. The firm has "Buy" rating given on Friday, February 26 by Wunderlich. Canaccord Genuity maintained the shares of SNAK in report on Wednesday, August 5 with "Buy" rating. Inventure Foods Inc (SNAK) has $67.07 million valuation.

Shares of Inventure were last seen up about 24% at $4.15, with a consensus analyst price target of $10.00 and a 52-week range of $2.96 to $10.15. The stock increased 0.70% or $0.18 during the last trading session, reaching $25.95. About 14,972 shares traded. BP plc (ADR) (NYSE:BP) has risen 15.51% since September 12, 2016 and is uptrending. It has underperformed by 16.70% the S&P500.

Investors sentiment decreased to 0.73 in 2016 Q4.

Based on the latest brokerage notes which have been released to investors, 1 brokers have issued a rating of "strong buy", 0 brokers "buy", 0 brokers "neutral", 0 brokers "sell" and 0 brokers "strong sell". The ratio has improved, as 45 investment professionals started new or increased positions, while 29 cut down and sold positions in Inventure Foods Inc. Hodges Capital Management Inc. now owns 152,000 shares of the company's stock worth $1,497,000 after buying an additional 35,500 shares during the last quarter. Ardsley Advisory Prns invested in 0.24% or 150,000 shares. Deutsche Bank Ag holds 0% or 11,466 shares in its portfolio. Kcg owns 12,061 shares. Legal & General Grp Public Limited Com holds 0% or 2,954 shares. Jpmorgan Chase And holds 0% or 23,990 shares. 10,235 were reported by Lpl Financial Ltd Liability. State Street Corp grew its position in shares of Inventure Foods by 4.4% in the 4th quarter. Thompson Investment Mgmt holds 0.1% or 51,600 shares. The stock of Inventure Foods Inc (NASDAQ:SNAK) has "Buy" rating given on Friday, November 6 by TH Capital. Geduld E E invested 0.1% of its portfolio in Inventure Foods Inc (NASDAQ:SNAK).

03/07/2016 - Inventure Foods, Inc. had its "outperform" rating reiterated by analysts at Wedbush.

SNAK opened trading yesterday at $3.40 which was up from the previous day's trading close of $3.39. About 865,983 shares traded or 760.67% up from the average. Inventure Foods Inc (NASDAQ:SNAK) has declined 34.17% since September 13, 2016 and is downtrending. It has underperformed by 50.87% the S&P500.The move comes after 6 months positive chart setup for the $81.12M company. The companys healthy/natural food products include Rader Farms frozen berries; Boulder Canyon kettle cooked potato chips; other snack and food items; Willamette Valley Fruit Company frozen berries; Fresh Frozen brand frozen vegetables; biscuits and other frozen snacks; Jamba branded blend-and-serve smoothie kits; Seattles Best Coffee Frozen Coffee Blends branded blend-and-serve frozen coffee beverage; Sin In A Tin chocolate pate and other frozen desserts; and private label frozen fruits and healthy/natural snacks.

The company has reportedly signed a deal with the Oregon Potato Company, selling its frozen business for $50 million.



Like this

loading...
loading...

Latest


14 September 2017
Kristaps Porzingis: New York Knicks star gets into scuffle with Anthony Randolph
He averaged 2.1 points and 2.4 rebounds in 17 games for the Knicks in 2010, but never started for the franchise. Randolph scored 16 points and had nine rebounds. "He's only 18 years of age but he plays with such calmness".

14 September 2017
Salvation Army sends reinforcements to coast for Harvey recovery
Caldwell said volunteers are prepared to stay for the long haul. McNeil says he will spend 14 days helping out in Florida.

14 September 2017
Brokers Issue Forecasts for Philip Morris International Inc's FY2019 Earnings (PM)
Shares of Philip Morris International Inc ( NYSE:PM ) traded down 0.03% during trading on Wednesday, reaching $117.02. (NYSE:PM). It is flat, as 90 investors sold PM shares while 466 reduced holdings. only 97 funds opened positions while 478 raised stakes.

13 September 2017
Larry King Reveals His Secret Battle With Lung Cancer
Despite his many health crises over the years, King doesn't plan to retire. "I've never ever felt better than I do now". The latest episode features Property Brothers stars Drew and Jonathan Scott .

13 September 2017
Restaurant Brands International (NYSE:QSR) Trading Up - Short Interest Up by 13.81%
Following the transaction, the executive vice president now directly owns 21,684 shares in the company, valued at $1,280,440.20. Four research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company's stock.

13 September 2017
Turkey shrugs off worries over Russian defense system
Erdogan said Monday that Turkey had already paid a deposit for two batteries of the advanced missile systems. Turkey commands the second largest standing military inside of 29-member-state-NATO.

13 September 2017
Britain, EU announce date of next round of Brexit talks
He called for an European Union summit in the Romanian city of Sibiu on March 30, 2019, the day Britain would officially depart the bloc.

13 September 2017
Five area students named National Merit Scholarship semifinalists
About 90 percent of the semifinalists will be named finalists, and about half of the finalists will win a scholarship. Among this year's semifinalists are 21 from Greenwich schools, both public and private.

13 September 2017
Trump admin tells government agencies to drop Kaspersky products
But Kaspersky has attracted increased attention in the wake of Russia's interference in the USA presidential election. He denies all charges of Russian government influence in his computer security products.

13 September 2017
Short Interest in Delcath Systems, Inc. (DCTH) Increases By 41.4%
In the most updated research from a number of analysts on Wall Street, the company gets 22 Buys and 5 Sell among 43 analysts. Delcath Systems, Inc. (NASDAQ:DCTH) share price decreased in the last trading session with a previous 52-week high of $4.31.