The Recent Research Analysts' Ratings Updates for Blue Apron Holdings (APRN)

Blue Apron reported 746,000 customers on Tuesday down 15% from a year earlier and 13% from three months prior

Blue Apron shares surged as much as 25 percent in morning trading to $4.20, but fell back to close unchanged. When revenue rose a mere 18% for the second quarter - its first financial report as a public company - and slowed to 3% in the third quarter, investors knew that they were taken for a ride.

"Street estimates were light due to the company's announced pullback in marketing spend for the seasonally weak quarter, as APRN focused on improving operating efficiency at its new Linden facility". During the same quarter in the previous year, the business posted ($0.39) EPS.

A number of equities research analysts have issued reports on the stock. The stock now has an average rating of Hold and a consensus price target of $6.96. (APRN) shows a double bottom with $3.25 target or 3.00 % below today's $3.35 share price. SunTrust downgraded the stock to "Hold" rating in Friday, August 11 report. Gabelli began coverage on Blue Apron in a research note on Friday, February 2nd. The stock now has an average rating of Hold and a consensus target price of $6.96. The stock has "Outperform" rating by RBC Capital Markets on Friday, November 3. 1 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell.

Blue Apron started to ramp up its marketing in late December as it geared up to launch its new brand campaign. Following the purchase, the senior vice president now owns 28,386 shares in the company, valued at approximately $110,421.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder First Round Capital Iv Partner sold 189,819 shares of the firm's stock in a transaction that occurred on Monday, November 20th. The shares were bought at an average price of $3.89 per share, with a total value of $97,250.00. The disclosure for this purchase can be found here. A sudden increase in a stock's activity can be a sign that investors are trading in anticipation of a catalyst, or that investors feel very strongly in one way or the other about the future direction of a stock.

Nevertheless, revenues are down 13% year-over-year thanks to a reduction in marketing. Beta value of the stock is marked at 2.35.

Jurgen Klopp unsure about Simon Mignolet Liverpool future
I have to make a decision for tomorrow night. "I always try to be there when the team needs me". 'I'm still young. Jurgen Klopp has a preference for Loris Karius and that's been the case since the German goalkeeper was signed.

Connor Clark & Lunn Investment Management Ltd increased Gentex Corp (NASDAQ:GNTX) stake by 48,133 shares to 71,833 valued at $1.42M in 2017Q3. Blue Apron stock will continue to slide if sales keep falling and its outlook only gets worse. River & Mercantile Asset Management LLP now owns 2,222,005 shares of the company's stock worth $8,966,000 after buying an additional 1,183,136 shares during the period.

The company has a current ratio of 3.15, a quick ratio of 2.73 and a debt-to-equity ratio of 0.48. If you are accessing this story on another publication, it was illegally stolen and republished in violation of USA and worldwide copyright legislation. If you are accessing this article on another publication, it was illegally stolen and reposted in violation of USA and worldwide trademark and copyright laws.

Blue Apron Holdings, Inc. provides recipes and fresh ingredients for making home cooking accessible.

"We are methodically implementing operational improvements to drive our business and are encouraged by the progress we've made since last quarter, particularly in margin which contributed to improvement in our bottom-line performance", Brad Dickerson, CEO of New York-based Blue Apron Holdings, Inc., said in a statement.

Related News:

  • Florida high school shooting: What we know so far

    Florida high school shooting: What we know so far

    He said the teen was arrested without incident after he was located off the school grounds in a nearby community. Florida Senator Marco Rubio said in a tweet that he was monitoring the "horrible unfolding situation".
    Eating ultra-processed foods like chicken nuggets 'linked to cancer', study says

    Eating ultra-processed foods like chicken nuggets 'linked to cancer', study says

    A number of well known risk factors for cancer were taken into account, such as age, family history of the disease and smoking. Cancer Research UK's Professor Linda Bauld said: "People shouldn't worry about a bit of processed food here and there".
    Olympics women's hockey, Canada vs. Finland live stream

    Olympics women's hockey, Canada vs. Finland live stream

    Kendell Coyne added a power-play goal 2 minutes, 31 seconds later and Dani Cameranesi iced it with an empty-netter in the third. Finland, that mad Canada last April in the entire championships, which is broadly looked at whilst the bronze medal favored.
  • The Westminster Kennel Club Dog Show is the Only Show that Matters

    The Westminster Kennel Club Dog Show is the Only Show that Matters

    Rumor, a female German shepherd, was named Best in Show at last year's competition. The *goodest* boy or girl AKA Best in Show will be announced later tonight.
    GM, South Korea Set for Standoff After Automaker Threatens Exit

    GM, South Korea Set for Standoff After Automaker Threatens Exit

    The U.S. company planned to restructure some 2,000 employees, including irregular workers, without elaborating on it. During the meeting, Trump again stressed the trade imbalance with Korea, referring to the free trade agreement.
    Assault on pregnant woman: CPM leader arrested

    Assault on pregnant woman: CPM leader arrested

    A profusely bleeding Sibi was rushed to the Kozhikode Medical College Hospital where she had to undergo an abortion, they added. According to reports, the woman was four months into her pregnancy and had to undergo a forced abortion after the assault.
  • Murphy Bothered VP Pence Didn't Stand for North Korea at Olympics

    North Korean leader Kim Jong Un has used the Winter Olympics hosted by South Korea to unleash a diplomatic charm offensive . He also said it was a win for Moon's administration, which has prioritized engaging with the North Koreans.
    Mkhitaryan Claims Ozil Is The Best Number 10 In The World

    Mkhitaryan Claims Ozil Is The Best Number 10 In The World

    While Arsenal fans were disappointed to lose the Chilean, they were pleased to see their club snatch up a quality player. And the former Borussia Dortmund man believes he is playing alongside one of football's best at Arsenal .
    Samsung Releases Galaxy S9 Video Teasers To Flaunt Camera Capabilities

    Samsung Releases Galaxy S9 Video Teasers To Flaunt Camera Capabilities

    We've already seen the official Galaxy S9 covers leak multiple times and at least two are now available for purchase. The publication added that you'd also be able to customize your animated character's looks, hairstyle, and clothing.
  • Apple to unveil cheaper iPhone X-like phone; replace iPhone 8

    Apple to unveil cheaper iPhone X-like phone; replace iPhone 8

    That is, by analogy with X iPhone the new tablet will disappear and the traditional home button and bottom frame. The 6.1-inch iPhone device will not get a dual camera nor 3D Touch, according to a previous KGI report .
    Virginia Tech vs Duke basketball

    Virginia Tech vs Duke basketball

    Virginia's next game is on 2/21 at John Paul Jones Arena against the Georgia Tech Yellow Jackets, the third-worst team in the ACC. Duke slowed Tech down, playing 2-3 zone, while the Blue Devils seemingly couldn't miss on the offensive end.
    Nirav Modi fraud shaves off Rs 3800 crore in PNB's market cap

    Nirav Modi fraud shaves off Rs 3800 crore in PNB's market cap

    The CBI has not yet said yet if the case is connected to the $1.8bn fraud. The bank said it has asked Modi to come up with a formal repayment plan.


Most liked

New president to be sworn in today, says Speaker Baleka Mbete
So we've been a parliament which has been busy over nothing accept the protection of Jacob Zuma . Magashule also said there was no deadline for Zuma to resign based on the NEC's decision.

JD Powers: Buick and Lexus Rank at the Top of Dependable Cars
Power, the Lexus brand from Toyota Motor Corp. topped as the most reliable automobile brand for the seventh consecutive year. Out of 31 vehicle brands ranked in the 2018 US vehicle dependability study conducted by J.D.

Adam Rippon rewarded with bronze medal after long journey to Olympic stage
In making his Olympic debut at 28 years old, Rippon is finally living his best life by sharing his authentic self with the world. Rippon was thrust into the spotlight for being one of the first openly gay athletes to take a stand at the Olympics .

Scotland welcomes Prince Harry and Meghan Markle
A pretty stylish and unoffensive outfit by anyone's measure, but look at the way Meghan's carrying her Strathberry bag . They met members of the public during a walkabout in the Scottish capital on the eve of Valentine's Day .

Why so many temporary White House clearances? Adam Schiff wants to know
The White House's first-blush reaction to the charges leveled by Holderness and Willoughby was to defend Porter. Because in the Trump White House, the last person who cares about violence against women is Trump.

Russian gold-medal favorites lose opening game to Slovakia
Many questions have arisen on how the NHL-less Olympics will pan out. "Our energy in the third wasn't great", Granato said. Despite his best efforts, the men's team lost 3-2 in overtime during the opening game at the Kwandong Hockey Centre .

Sensex ends 145 pts down, Nifty at 10501; PNB crashes over 10%
MSCI's broadest index of Asia-Pacific shares outside Japan rose 1 percent. Losers include Hero Motocorp (-1.41%) and Asian Paints (-0.39%).

Tinder plans to let women prevent men from messaging them first
The app coins the term #LadiesChoice because they say women get the final say in who they want to get to know better. " Bumble " is valued at more than $1 billion and has over 22 million users, according to Forbes.

Aamir Khan's first unrequited love revealed, courtesy Twitter trend
Aamir Khan is now gearing up for Thugs Of Hindostan , which also stars Katrina Kaif, Amitabh Bachchan and Fatima Sana Sheikh. The song, picturised on Aamir Khan, was a huge hit back then, courtesy the soulful melody and heart-touching lyrics.

Apple and Facebook drive Wall Street rally
It took just nine days for stocks to plunge 10 percent from their latest peak, which was reached on January 26. All three fuelled the S&P 500 more than any other shares , leaving the index up 1.34 per cent for the session.

The Coca-Cola Company (The) (KO) Position Increased by Winfield Associates Inc
Hamilton Point Investment Advsrs Limited Liability Company invested 0.15% of its portfolio in The Coca-Cola Company (NYSE:KO). If we look at the Volatility of The Coca-Cola Company (KO ), Week Volatility is 2.86%, whereas Month Volatility is at 1.79%.

Accountability court rejects Sharif family's exemption request
Nawaz and his son are accused in all three cases, while Maryam and Safdar are named in the London properties case. He questioned whether there's any accountability for the way the judges speak in retaliation.

Chinese New Year 2018: 9 ways to celebrate in Philadelphia
Bright red is the preeminent color of festivity, symbolic of good health and fortune, wealth, prosperity and longevity. According to Asian astrology, your year of birth and the animal it represents influences your personality traits.

Uber Fourth-Quarter Loss Drops to $1.1B
Uber's loss was mainly based on accepted accounting standards, which includes write-downs and significant legal expenses. The San Francisco-based group's gross bookings also climbed 14 percent to $11.1 billion in the quarter.

2-day security conference gets under way in Kabul
Pakistan has urged Afghanistan to stop the blame game and asked for its co-operation in combating terrorism. The army chief once again assured that the Pakistani territory would not be used against any other country.