The Real Good Food Company, Inc. (NASDAQ:RGF) Expected to Post Earnings of -$0.21 Per Share

Equities research analysts predict that The Real Good Food Company, Inc. (NASDAQ:RGFGet Rating) will post ($0.21) earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Real Good Food’s earnings. The lowest EPS estimate is ($0.26) and the highest is ($0.17). The business is expected to issue its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that Real Good Food will report full year earnings of ($0.66) per share for the current fiscal year, with EPS estimates ranging from ($0.87) to ($0.51). For the next financial year, analysts anticipate that the company will report earnings of ($0.23) per share, with EPS estimates ranging from ($0.39) to ($0.07). Zacks’ EPS averages are a mean average based on a survey of research analysts that cover Real Good Food.

Several research analysts recently issued reports on RGF shares. Roth Capital assumed coverage on Real Good Food in a research note on Tuesday, March 8th. They issued a “buy” rating and a $11.00 price objective on the stock. Zacks Investment Research downgraded Real Good Food from a “buy” rating to a “hold” rating in a report on Thursday, March 17th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $12.19.

In other news, Director Deanna T. Brady acquired 5,993 shares of Real Good Food stock in a transaction on Tuesday, March 15th. The shares were bought at an average cost of $6.14 per share, for a total transaction of $36,797.02. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Several large investors have recently made changes to their positions in the company. Renaissance Technologies LLC acquired a new stake in Real Good Food during the 1st quarter worth about $82,000. Northern Trust Corp boosted its stake in shares of Real Good Food by 304.3% in the first quarter. Northern Trust Corp now owns 10,286 shares of the company’s stock worth $81,000 after acquiring an additional 7,742 shares during the last quarter. Vanguard Group Inc. boosted its stake in Real Good Food by 8.1% during the 1st quarter. Vanguard Group Inc. now owns 202,012 shares of the company’s stock worth $1,596,000 after purchasing an additional 15,122 shares during the last quarter. Blair William & Co. IL boosted its stake in Real Good Food by 9.4% during the 1st quarter. Blair William & Co. IL now owns 56,780 shares of the company’s stock worth $449,000 after purchasing an additional 4,861 shares during the last quarter. Finally, First Eagle Investment Management LLC boosted its stake in Real Good Food by 188.4% during the 1st quarter. First Eagle Investment Management LLC now owns 156,620 shares of the company’s stock worth $1,237,000 after purchasing an additional 102,319 shares during the last quarter. Institutional investors and hedge funds own 17.01% of the company’s stock.

Shares of NASDAQ:RGF traded down $0.39 during trading on Friday, reaching $6.31. 251 shares of the company were exchanged, compared to its average volume of 14,978. The business’s fifty day simple moving average is $7.17. Real Good Food has a 12-month low of $4.56 and a 12-month high of $12.75.

About Real Good Food (Get Rating)

The Real Good Food Company, Inc, through its subsidiary, Real Good Foods, LLC operates as a health and wellness focused frozen food company in the United States. The company develops, manufactures, and markets foods designed to be high in protein, low in sugar, and made from gluten- and grain-free ingredients.

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Earnings History and Estimates for Real Good Food (NASDAQ:RGF)

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