Whole Foods Market Inc. (WFM): Today's Featured Retail Loser
(
) pushed the Retail industry lower today making it today's featured Retail loser. The industry as a whole closed the day down 0.3%. By the end of trading, Whole Foods Market Inc fell 34 cents (-0.5%) to $65.19 on light volume. Throughout the day, 1.4 million shares of Whole Foods Market Inc exchanged hands as compared to its average daily volume of 2.1 million shares. The stock ranged in price between $64.88-$65.93 after having opened the day at $65.52 as compared to the previous trading day's close of $65.53. Other company's within the Retail industry that declined today were:
(
), down 9.5%,
(
), down 6.8%,
(
), down 5.7%, and
(
), down 4.1%.
Whole Foods Market, Inc. engages in the ownership and operation of natural and organic food supermarkets. The company offers produce, seafood, grocery, meat and poultry, bakery, prepared foods and catering, coffee and tea, nutritional supplements, and vitamins. Whole Foods Market Inc has a market cap of $11.41 billion and is part of the
sector. The company has a P/E ratio of 32.9, equal to the average retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 29.5% year to date as of the close of trading on Monday.
TheStreet Ratings rates Whole Foods Market as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.
- You can view the full Whole Foods Market Ratings Report.
On the positive front,
(
), up 5.6%,
(
), up 5.3%,
(
), up 5.2%, and
(
), up 5%, were all gainers within the retail industry with
(
) being today's featured retail industry winner.
- Use our retail section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider
(
) while those bearish on the retail industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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