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NASDAQ: FREE
Whole Earth Brands Inc Stock Forecast, Predictions & Price Target

Analyst price target for FREE

Based on 4 analysts offering 12 month price targets for Whole Earth Brands Inc.
Min Forecast
$16.00+54.14%
Avg Forecast
$19.50+87.86%
Max Forecast
$22.00+111.95%

Should I buy or sell FREE stock?

Based on 4 analysts offering ratings for Whole Earth Brands Inc.
Strong Buy
Strong Buy
4 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

FREE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Roth Capital
Top 16%
85
Strong BuyMaintains$20.00+92.68%2021-09-24
Canaccord Genuity
Bottom 3%
3
Strong BuyInitiates Coverage On$20.00+92.68%2021-07-14
Jefferies
Bottom 10%
10
Strong BuyInitiates Coverage On$22.00+111.95%2021-02-12
DA Davidson
Top 31%
70
Strong BuyInitiates Coverage On$16.00+54.14%2020-12-15

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Forecast return on equity

Is FREE forecast to generate an efficient return?
Company
16.57%
Industry
20.01%
Market
46.73%
FREE's Return on Equity is forecast to be low in 3 years (16.57%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is FREE forecast to generate an efficient return on assets?
Company
5.65%
Industry
7.22%
FREE is forecast to generate lower Return on Assets (5.65%) than the US Packaged Foods industry average (7.22%)
Forecast

FREE earnings per share forecast

What is FREE's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$0.96-972.73%
Avg 2 year Forecast
$1.09-1,090.91%
Avg 3 year Forecast
$1.35-1,327.27%

FREE revenue forecast

What is FREE's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$502.8M+15.07%
Avg 2 year Forecast
$548.7M+25.58%
Avg 3 year Forecast
$576.7M+31.97%
FREE's revenue is forecast to grow at a rate of 11.45% per year, which is not exceptional
Forecast

FREE revenue growth forecast

How is FREE forecast to perform vs Packaged Foods companies and vs the US market?
Company
11.45%
Industry
2.8%
Market
10.77%
FREE's revenues are forecast to grow faster (11.45% per year) than the US Packaged Foods industry average (2.8%)
Forecast
FREE's revenues are forecast to grow faster (11.45% per year) than the US market average (10.77%)
Forecast

Whole Earth Brands Stock Forecast FAQ

Is Whole Earth Brands Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: FREE) stock is to Strong Buy FREE stock.

Out of 4 analysts, 4 (100%) are recommending FREE as a Strong Buy, 0 (0%) are recommending FREE as a Buy, 0 (0%) are recommending FREE as a Hold, 0 (0%) are recommending FREE as a Sell, and 0 (0%) are recommending FREE as a Strong Sell.

What is FREE's earnings growth forecast for 2021-2023?

(NASDAQ: FREE) Whole Earth Brands's forecast annual earnings growth rate of N/A is not forecast to beat the US Packaged Foods industry's average forecast earnings growth rate of 14.04%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.66%.

Whole Earth Brands's earnings in 2021 is -$4,621,000.On average, 2 Wall Street analysts forecast FREE's earnings for 2021 to be $36,938,388, with the lowest FREE earnings forecast at $34,629,739, and the highest FREE earnings forecast at $39,631,813. On average, 2 Wall Street analysts forecast FREE's earnings for 2022 to be $41,940,462, with the lowest FREE earnings forecast at $39,631,813, and the highest FREE earnings forecast at $44,249,111.

In 2023, FREE is forecast to generate $51,944,609 in earnings, with the lowest earnings forecast at $51,944,609 and the highest earnings forecast at $51,944,609.

What is FREE's revenue growth forecast for 2021-2023?

(NASDAQ: FREE) Whole Earth Brands's forecast annual revenue growth rate of 11.45% is forecast to beat the US Packaged Foods industry's average forecast revenue growth rate of 2.8%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 10.77%.

Whole Earth Brands's revenue in 2021 is $436,947,000.On average, 2 Wall Street analysts forecast FREE's revenue for 2021 to be $19,346,480,966, with the lowest FREE revenue forecast at $19,146,398,029, and the highest FREE revenue forecast at $19,546,563,904. On average, 2 Wall Street analysts forecast FREE's revenue for 2022 to be $21,112,597,666, with the lowest FREE revenue forecast at $21,047,185,936, and the highest FREE revenue forecast at $21,178,009,395.

In 2023, FREE is forecast to generate $22,188,043,455 in revenue, with the lowest revenue forecast at $22,086,078,112 and the highest revenue forecast at $22,290,008,798.

What is FREE's forecast return on assets (ROA) for 2021-2023?

(NASDAQ: FREE) forecast ROA is 5.65%, which is lower than the forecast US Packaged Foods industry average of 7.22%.

What is FREE's Price Target?

According to 4 Wall Street analysts that have issued a 1 year FREE price target, the average FREE price target is $19.50, with the highest FREE stock price forecast at $22.00 and the lowest FREE stock price forecast at $16.00.

On average, Wall Street analysts predict that Whole Earth Brands's share price could stay at $19.50 by Sep 24, 2022. The average Whole Earth Brands stock price prediction forecasts a potential downside of N/A from the current FREE share price of $10.38.

What is FREE's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: FREE) Whole Earth Brands's current Earnings Per Share (EPS) is -$0.11. On average, analysts forecast that FREE's EPS will be $0.96 for 2021, with the lowest EPS forecast at $0.90, and the highest EPS forecast at $1.03. On average, analysts forecast that FREE's EPS will be $1.09 for 2022, with the lowest EPS forecast at $1.03, and the highest EPS forecast at $1.15. In 2023, FREE's EPS is forecast to hit $1.35 (min: $1.35, max: $1.35).

What is FREE's forecast return on equity (ROE) for 2021-2023?

(NASDAQ: FREE) forecast ROE is 16.57%, which is considered weak.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.