Seven and I Holdings Co. (OTCMKTS:SVNDY – Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 1,343,133 shares were traded during trading, an increase of 422% from the previous session’s volume of 257,299 shares.The stock last traded at $13.77 and had previously closed at $13.67.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on SVNDY. Zacks Research raised Seven and I to a “hold” rating in a research report on Tuesday, June 16th. Sanford C. Bernstein raised Seven and I to a “hold” rating in a research report on Tuesday, May 26th. Three analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.
Check Out Our Latest Stock Analysis on SVNDY
Seven and I Trading Down 5.3%
Seven and I (OTCMKTS:SVNDY – Get Free Report) last posted its quarterly earnings results on Thursday, July 9th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.11. Seven and I had a net margin of 3.03% and a return on equity of 7.87%. The business had revenue of $14.65 billion during the quarter, compared to analysts’ expectations of $14.97 billion. On average, research analysts expect that Seven and I Holdings Co. will post 0.77 EPS for the current fiscal year.
Seven and I Company Profile
Seven & I Holdings Co, Ltd. is a Tokyo-based diversified retail holding company best known for its convenience store operations under the 7-Eleven banner. Established as a holding company in 2005 through the reorganization of legacy retail businesses, Seven & I groups a portfolio of retail and service businesses including convenience stores, supermarkets, department stores, foodservice operations, and financial services.
The company’s core activity is the development and franchising of convenience stores that offer a mix of prepared foods, grocery items, daily necessities and quick-service retail products.
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