Blue Apron Holdings Inc. (APRN:NYE) Analysts Bullish with a Strong Buy, $9.67 target

STA Research
by: STA Research
Blue Apron Holdings Inc.

Analysts rate Blue Apron stock with a consensus Strong Buy rating with an average APRN stock price target of $9.67 per share over the next 12 months.

Lake Street Capital rates Blue Apron stock as Buy and initiated the price target at $9.

Based on the Blue Apron stock forecast from 3 analysts, the average analyst APRN stock price target is USD 9.67 over the next 12 months. Blue Apron Holdings Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Blue Apron stock forecast is Bearish, which is based on 1 positive signal and 8 negative signals. At the last closing, Blue Apron stock price was USD 4.86Blue Apron stock price has changed by +1.05% over the past week, +1.60% over the past month and +23.98% over the last year.

Blue Apron Holdings, Inc. operates a direct-to-consumer platform that delivers original recipes with fresh and seasonal ingredients. It also operates Blue Apron Market, an e-commerce market that provides cooking tools, utensils, pantry items, and other products. In addition, the company offers Blue Apron Wine, a direct-to-consumer wine delivery service that sells wines, which can be paired with its meals. It serves young couples, families, singles, and empty nesters. The company offers its services through order selections on Website or mobile application primarily in the United States. Blue Apron Holdings, Inc. was founded in 2012 and is headquartered in New York, New York.

 

What we like:

High Gross Profit to Asset Ratio:

APRN stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

 

What we don’t like:

Low market capitalization:

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

High volatility:

The total returns for APRN stock are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to book value:

APRN stock price is trading high compared to its peers median on a price to book value basis.

Highly leveraged:

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the APRN stock news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Negative cashflow:

The company had negative total cash flow in the most recent four quarters.

Negative free cash flow:

The company had negative total free cash flow in the most recent four quarters.

Low Earnings Growth:

Blue Apron stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth:

Blue Apron stock has shown below median revenue growth in the previous 5 years compared to its sector

Disclaimer

Stock Target Advisor is not a broker/dealer, investment advisor, or platform for making stock buying or selling decisions. Our goal is to democratize and simplify financial information through automated analysis, aggregation of stock information, and education to help investors with their research. No content on our site, blogs or newsletters constitutes – or should be understood as constituting – a recommendation to enter into any securities transactions or to engage in any of the investment strategies presented in our site content. We also cannot guarantee the accuracy of any information presented on our site and in our analysis.

Leave a Reply

Your email address will not be published.