Whole Foods Market, Inc. Has Another Very Negative Options Trading Session

 Whole Foods Market, Inc. Has Another Very Negative Options Trading Session

In today’s session Whole Foods Market, Inc. (WFM) recorded an unusually high (220) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious WFM decrease. With 220 contracts traded and 4994 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: WFM170120P00022000 closed last at: $0.21 or 4.5% down. About 1.99 million shares traded hands. Whole Foods Market, Inc. (NASDAQ:WFM) has declined 14.41% since March 2, 2016 and is downtrending. It has underperformed by 22.67% the S&P500.

Analysts await Whole Foods Market, Inc. (NASDAQ:WFM) to report earnings on November, 2. They expect $0.24 EPS, down 20.00% or $0.06 from last year’s $0.3 per share. WFM’s profit will be $76.06M for 29.22 P/E if the $0.24 EPS becomes a reality. After $0.37 actual EPS reported by Whole Foods Market, Inc. for the previous quarter, Wall Street now forecasts -35.14% negative EPS growth.

Whole Foods Market, Inc. (NASDAQ:WFM) Ratings Coverage

Out of 20 analysts covering Whole Foods Market Inc (NASDAQ:WFM), 6 rate it a “Buy”, 3 “Sell”, while 11 “Hold”. This means 30% are positive. Whole Foods Market Inc has been the topic of 37 analyst reports since July 28, 2015 according to StockzIntelligence Inc. Telsey Advisory Group maintained Whole Foods Market, Inc. (NASDAQ:WFM) on Friday, July 24 with “Market Perform” rating. Buckingham Research initiated the stock with “Neutral” rating in Monday, October 19 report. Credit Suisse upgraded the shares of WFM in a report on Wednesday, June 1 to “Outperform” rating. The rating was maintained by Telsey Advisory Group on Thursday, November 5 with “Market Perform”. The firm has “Sell” rating by Goldman Sachs given on Tuesday, July 26. The firm has “Neutral” rating given on Thursday, July 30 by Wedbush. On Thursday, November 5 the stock rating was maintained by RBC Capital Markets with “Outperform”. Northcoast downgraded the stock to “Sell” rating in Wednesday, June 15 report. The firm has “Hold” rating given on Thursday, November 5 by Jefferies. The stock of Whole Foods Market, Inc. (NASDAQ:WFM) earned “Neutral” rating by Sterne Agee CRT on Thursday, July 30.

According to Zacks Investment Research, “Whole Foods Market is the largest purveyor of natural foods in the world. They own and operate the country’s largest chain of natural food supermarkets. They are like an old-fashioned neighborhood grocery store, an organic farmer’s market, a European bakery, a New York deli, and a modern supermarket all rolled into one! The Company also offers a wide variety of non-perishable natural products on its Web site at http://wholefoods.com.”

Whole Foods Market, Inc. is engaged in operating natural and organic foods supermarkets. The company has a market cap of $8.89 billion. The Company’s brands include Allegro Coffee, Whole Foods Market, Whole Paws and Engine 2 Plant-Strong. It has a 19.5 P/E ratio. As of April 10, 2016, the Company operated 441 stores, which include 421 stores in 42 states in the United States and the District of Columbia, 11 stores in Canada, and 9 stores in the United Kingdom.

WFM Company Profile

Whole Foods Market, Inc., incorporated on August 15, 1978, is engaged in operating natural and organic foods supermarkets. The Company’s brands include Allegro Coffee, Whole Foods Market, Whole Paws and Engine 2 Plant-Strong. As of April 10, 2016, the Company operated 441 stores, which include 421 stores in 42 states in the United States and the District of Columbia, 11 stores in Canada, and 9 stores in the United Kingdom.

More notable recent Whole Foods Market, Inc. (NASDAQ:WFM) news were published by: Fool.com which released: “Better Buy: Whole Foods Market, Inc. vs. Sprouts Farmers Market Inc.” on September 10, 2016, also Forbes.com with their article: “Ex-Dividend Reminder: Wolverine World Wide, Ingredion and Whole Foods Market” published on September 27, 2016, Seekingalpha.com published: “Whole Foods Market: The Weakness Is An Opportunity” on September 25, 2016. More interesting news about Whole Foods Market, Inc. (NASDAQ:WFM) were released by: Investorplace.com and their article: “Whole Foods Market, Inc.: No Investor Should Hold WFM” published on September 07, 2016 as well as Investorplace.com‘s news article titled: “Whole Foods Market, Inc. to Pay $3.5M Over Hazardous Waste” with publication date: September 20, 2016.

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