U.S. Markets open in 2 hrs 52 mins

The Fresh Market (TFM) Falls: Stock Goes Down 7.5%

Zacks Equity Research

The Fresh Market, Inc. (TFM) saw a big move last session, as the company’s shares fell nearly 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of TFM, as the stock is now trading below the volatile price range of $33.6 to $36.1 in the past one-month time frame.

This Retail Supermarket company has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for earnings estimate hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

TFM currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Some better-ranked stocks in the Retail Supermarket industry include Etablissements Delhaize Fr (DEG) and Tesco PLC (TSCDY). Both carry a Zacks Rank #2 (Buy).

Investors interested in the Retail sector may consider a better-ranked stock like Advance Auto Parts Inc. (AAP) which holds a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>


THE FRESH MARKET INC (TFM): Free Stock Analysis Report

ADVANCE AUTO PARTS INC (AAP): Free Stock Analysis Report

TESCO PLC SPONS ADR (TSCDY): Free Stock Analysis Report


Zacks Investment Research