Sears Holdings Corp. (SHLD) Trading Down 2.6%
Sears Holdings Corp. (NASDAQ:SHLD) shares were down 2.6% on Thursday . The company traded as low as $13.32 and last traded at $13.41, with a volume of 426,734 shares trading hands. The stock had previously closed at $13.77.
The firm’s 50-day moving average price is $15.36 and its 200-day moving average price is $14.99. The stock’s market cap is $1.44 billion.
Sears Holdings Corp. (NASDAQ:SHLD) last issued its quarterly earnings data on Thursday, August 25th. The company reported ($2.03) EPS for the quarter, topping analysts’ consensus estimates of ($3.48) by $1.45. The firm had revenue of $2.66 billion for the quarter, compared to analyst estimates of $5.43 billion. Sears Holdings Corp.’s revenue for the quarter was down 8.8% compared to the same quarter last year. During the same period in the previous year, the business earned ($2.40) EPS. On average, equities analysts expect that Sears Holdings Corp. will post ($9.91) EPS for the current fiscal year.
In other Sears Holdings Corp. news, Director Fairholme Capital Management L sold 1,900 shares of the firm’s stock in a transaction on Thursday, August 11th. The stock was sold at an average price of $17.09, for a total value of $32,471.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Jeffrey A. Balagna sold 7,643 shares of the firm’s stock in a transaction on Thursday, June 23rd. The shares were sold at an average price of $13.82, for a total value of $105,626.26. The disclosure for this sale can be found here.
Sears Holdings Corporation is an integrated retailer. The Company is the parent company of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co (Sears). It operates through two segments: Kmart and Sears Domestic. It operates approximately 940 Kmart stores across over 50 states, Guam, Puerto Rico and the United States Virgin Islands.
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