Whole Earth Brands Reports First Quarter 2024 Results
About 67% of Whole Earth's investor base is looking to short. The analysis of current outlook of investing in Whole Earth Brands suggests that many traders are alarmed regarding Whole Earth's prospects. The current market sentiment, together with Whole Earth's historical and current headlines, can help investors time the market. In addition, many technical investors use Whole Earth Brands stock news signals to limit their universe of possible portfolio assets.
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CHICAGO, May 09, 2024 -- Whole Earth Brands, Inc. , a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced its financial results for its first quarter ended March 31, 2024. First Quarter Highlights Consolidated revenue of 129.5 million, a decrease of 2.2 percent on a reported basis and 2.3 percent on a constant currency basis compared to the prior year period.
Read at finance.yahoo.com
Whole Earth Fundamental Analysis
We analyze Whole Earth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Whole Earth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Whole Earth based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Revenue
Revenue Comparative Analysis
Whole Earth is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Whole Earth Brands Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Whole Earth stock to make a market-neutral strategy. Peer analysis of Whole Earth could also be used in its relative valuation, which is a method of valuing Whole Earth by comparing valuation metrics with similar companies.
Peers
Whole Earth Related Equities
LWAY | Lifeway Foods | 2.16 | ||||
SENEB | Seneca Foods | 0.00 | ||||
JBSS | John B | 0.00 | ||||
CENTA | Central Garden | 0.18 | ||||
SMPL | Simply Good | 0.54 | ||||
RGF | Real Good | 0.77 | ||||
SENEA | Seneca Foods | 0.80 | ||||
CENT | Central Garden | 0.97 | ||||
NATR | Natures Sunshine | 0.99 | ||||
JJSF | J J | 1.05 | ||||
MKC-V | McCormick Company | 1.12 | ||||
LFVN | Lifevantage | 2.99 |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Other Consideration for investing in Whole Stock
If you are still planning to invest in Whole Earth Brands check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Whole Earth's history and understand the potential risks before investing.
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