ValuEngine upgraded shares of Smart & Final Stores (NYSE:SFS) from a strong sell rating to a sell rating in a report released on Wednesday morning.
A number of other research firms have also recently commented on SFS. Zacks Investment Research raised Smart & Final Stores from a hold rating to a buy rating and set a $6.75 price target for the company in a report on Tuesday, July 31st. Citigroup began coverage on Smart & Final Stores in a report on Friday, July 6th. They set a neutral rating for the company. Morgan Stanley lowered their price target on Smart & Final Stores from $6.50 to $4.50 and set an underweight rating for the company in a report on Wednesday, June 20th. Credit Suisse Group began coverage on Smart & Final Stores in a report on Tuesday, April 17th. They set a neutral rating and a $5.50 price target for the company. Finally, Deutsche Bank lowered their price target on Smart & Final Stores from $10.00 to $9.00 and set a buy rating for the company in a report on Thursday, May 3rd. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. Smart & Final Stores presently has an average rating of Hold and an average price target of $7.69.
Shares of NYSE SFS opened at $7.05 on Wednesday. The firm has a market capitalization of $466.90 million, a price-to-earnings ratio of 20.44, a P/E/G ratio of 1.93 and a beta of 1.15. The company has a quick ratio of 0.30, a current ratio of 0.97 and a debt-to-equity ratio of 1.52. Smart & Final Stores has a fifty-two week low of $4.45 and a fifty-two week high of $10.00.
Smart & Final Stores (NYSE:SFS) last announced its quarterly earnings data on Wednesday, July 25th. The company reported $0.16 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.16. The firm had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.13 billion. Smart & Final Stores had a positive return on equity of 5.62% and a negative net margin of 3.04%. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.14 EPS. equities research analysts forecast that Smart & Final Stores will post 0.29 EPS for the current fiscal year.
Several institutional investors have recently bought and sold shares of SFS. Wells Fargo & Company MN raised its holdings in shares of Smart & Final Stores by 32.2% during the 4th quarter. Wells Fargo & Company MN now owns 40,303 shares of the company’s stock worth $344,000 after buying an additional 9,823 shares in the last quarter. Deutsche Bank AG raised its holdings in shares of Smart & Final Stores by 285.5% during the 4th quarter. Deutsche Bank AG now owns 82,062 shares of the company’s stock worth $701,000 after buying an additional 60,777 shares in the last quarter. Teachers Advisors LLC grew its position in Smart & Final Stores by 8.9% during the 4th quarter. Teachers Advisors LLC now owns 72,361 shares of the company’s stock worth $619,000 after acquiring an additional 5,899 shares during the last quarter. Monarch Partners Asset Management LLC grew its position in Smart & Final Stores by 55.8% during the 1st quarter. Monarch Partners Asset Management LLC now owns 67,930 shares of the company’s stock worth $377,000 after acquiring an additional 24,330 shares during the last quarter. Finally, Trexquant Investment LP grew its position in Smart & Final Stores by 350.0% during the 1st quarter. Trexquant Investment LP now owns 111,215 shares of the company’s stock worth $617,000 after acquiring an additional 86,499 shares during the last quarter. 97.71% of the stock is owned by institutional investors.
Smart & Final Stores Company Profile
Smart & Final Stores, Inc operates as a food retailer in the United States. It operates in two segments, Smart & Final, and Cash & Carry Smart Foodservice. The company's stores offer fresh perishables and everyday grocery items, such as produce, meat and deli, dairy and cheese, grocery, and beverage products, as well as paper and packaging, and restaurant equipment and janitorial supplies.
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