Shares of Smart & Final Stores Inc (NYSE:SFS) have received a consensus recommendation of “Hold” from the eleven analysts that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $7.46.
SFS has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Smart & Final Stores from a “sell” rating to a “hold” rating in a research note on Tuesday, May 15th. ValuEngine cut shares of Smart & Final Stores from a “sell” rating to a “strong sell” rating in a research report on Thursday, May 17th. Morgan Stanley decreased their target price on shares of Smart & Final Stores from $6.50 to $4.50 and set an “underweight” rating for the company in a research report on Wednesday, June 20th. Finally, Citigroup assumed coverage on shares of Smart & Final Stores in a research report on Friday, July 6th. They set a “neutral” rating for the company.
Shares of NYSE SFS traded up $0.10 during midday trading on Monday, reaching $6.95. 6,215 shares of the company’s stock traded hands, compared to its average volume of 372,066. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.30 and a current ratio of 0.97. Smart & Final Stores has a one year low of $4.45 and a one year high of $10.00. The company has a market cap of $531.43 million, a PE ratio of 20.15, a P/E/G ratio of 2.19 and a beta of 1.26.
Smart & Final Stores (NYSE:SFS) last released its quarterly earnings data on Wednesday, July 25th. The company reported $0.16 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.16. Smart & Final Stores had a negative net margin of 3.04% and a positive return on equity of 5.62%. The firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same period last year, the firm earned $0.14 earnings per share. The company’s quarterly revenue was up 4.4% on a year-over-year basis. analysts forecast that Smart & Final Stores will post 0.29 earnings per share for the current fiscal year.
A number of large investors have recently bought and sold shares of the stock. BlackRock Inc. lifted its position in Smart & Final Stores by 85.7% during the second quarter. BlackRock Inc. now owns 3,172,824 shares of the company’s stock valued at $17,610,000 after acquiring an additional 1,464,373 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Smart & Final Stores by 12.5% in the second quarter. Dimensional Fund Advisors LP now owns 2,772,433 shares of the company’s stock worth $15,387,000 after buying an additional 307,158 shares during the last quarter. FMR LLC purchased a new position in shares of Smart & Final Stores in the second quarter worth $9,822,000. Russell Investments Group Ltd. raised its holdings in shares of Smart & Final Stores by 9.1% in the first quarter. Russell Investments Group Ltd. now owns 1,116,917 shares of the company’s stock worth $6,199,000 after buying an additional 92,930 shares during the last quarter. Finally, Signia Capital Management LLC raised its holdings in shares of Smart & Final Stores by 58.4% in the second quarter. Signia Capital Management LLC now owns 1,048,435 shares of the company’s stock worth $5,818,000 after buying an additional 386,339 shares during the last quarter. 93.26% 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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