Other equities research analysts have also issued research reports about the stock. Zacks Investment Research upgraded shares of Smart & Final Stores from a hold rating to a buy rating and set a $7.25 target price on the stock in a report on Saturday, February 9th. Buckingham Research began coverage on shares of Smart & Final Stores in a report on Thursday, February 7th. They issued a neutral rating on the stock. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. Smart & Final Stores has a consensus rating of Hold and an average target price of $5.45.
SFS stock opened at $5.39 on Friday. The company has a current ratio of 1.08, a quick ratio of 0.34 and a debt-to-equity ratio of 2.07. Smart & Final Stores has a 1 year low of $4.45 and a 1 year high of $7.40. The stock has a market cap of $421.64 million, a PE ratio of 17.97, a P/E/G ratio of 5.74 and a beta of 1.73.
Smart & Final Stores (NYSE:SFS) last posted its earnings results on Wednesday, March 13th. The company reported $0.08 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.04). Smart & Final Stores had a positive return on equity of 6.10% and a negative net margin of 2.37%. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the prior year, the company earned $0.15 EPS. The company’s revenue was up 3.2% on a year-over-year basis. As a group, sell-side analysts expect that Smart & Final Stores will post 0.32 EPS for the current fiscal year.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Citigroup Inc. increased its stake in Smart & Final Stores by 249.3% in the 4th quarter. Citigroup Inc. now owns 12,893 shares of the company’s stock valued at $61,000 after buying an additional 9,202 shares during the last quarter. Gotham Asset Management LLC purchased a new stake in Smart & Final Stores in the 4th quarter valued at about $64,000. Virtu Financial LLC purchased a new stake in Smart & Final Stores in the 4th quarter valued at about $90,000. Jane Street Group LLC purchased a new stake in Smart & Final Stores in the 3rd quarter valued at about $120,000. Finally, Panagora Asset Management Inc. purchased a new stake in Smart & Final Stores in the 3rd quarter valued at about $141,000. Institutional investors own 92.35% of the company’s stock.
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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