Smart (SFS) Receiving Somewhat Positive News Coverage, Analysis Finds
Press coverage about Smart (NYSE:SFS) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Smart earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.1934112530294 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Smart (SFS) Announces Quarterly Earnings Results, Misses Estimates By $0.04 EPS (americanbankingnews.com)
- Why Smart & Final Stores, Inc. Stock Jumped Today (fool.com)
- Smart’s (SFS) “Buy” Rating Reaffirmed at Deutsche Bank AG (americanbankingnews.com)
- Investor Network: Smart & Final Stores, Inc. to Host Earnings Call (finance.yahoo.com)
- Smart & Final Stores, Inc. Reports Second Quarter 2017 Financial Results (finance.yahoo.com)
SFS has been the topic of several recent analyst reports. Deutsche Bank AG reaffirmed a “buy” rating and set a $12.00 price objective (down from $14.00) on shares of Smart in a report on Wednesday. Royal Bank Of Canada reaffirmed a “buy” rating and set a $19.00 price objective on shares of Smart in a report on Thursday, May 18th. Loop Capital initiated coverage on shares of Smart in a report on Monday, May 15th. They set a “buy” rating and a $17.00 price objective on the stock. TheStreet downgraded shares of Smart from a “c-” rating to a “d+” rating in a report on Tuesday, July 18th. Finally, Zacks Investment Research raised shares of Smart from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company’s stock. Smart presently has a consensus rating of “Hold” and an average price target of $20.00.
Shares of Smart (SFS) traded up 0.862% during midday trading on Thursday, hitting $8.775. 198,867 shares of the stock were exchanged. Smart has a 12-month low of $7.45 and a 12-month high of $15.45. The firm has a 50-day moving average price of $9.24 and a 200 day moving average price of $12.17. The firm has a market cap of $642.43 million, a PE ratio of 65.485 and a beta of 0.30.
Smart (NYSE:SFS) last announced its quarterly earnings data on Tuesday, July 25th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by $0.04. Smart had a return on equity of 4.15% and a net margin of 0.21%. The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter last year, the business earned $0.20 earnings per share. The business’s revenue for the quarter was up 3.9% compared to the same quarter last year. Analysts predict that Smart will post $0.49 earnings per share for the current fiscal year.
In related news, SVP Michael A. Mortensen sold 26,980 shares of Smart stock in a transaction dated Thursday, June 1st. The stock was sold at an average price of $13.42, for a total transaction of $362,071.60. Following the transaction, the senior vice president now directly owns 48,191 shares of the company’s stock, valued at $646,723.22. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Scott R. Drew sold 21,000 shares of Smart stock in a transaction dated Monday, June 12th. The stock was sold at an average price of $13.02, for a total value of $273,420.00. Following the transaction, the executive vice president now directly owns 64,648 shares in the company, valued at $841,716.96. The disclosure for this sale can be found here. Insiders sold 101,940 shares of company stock worth $1,097,389 over the last ninety days. 8.47% of the stock is owned by corporate insiders.
Smart Company Profile
Smart & Final Stores, Inc is a food retailer. The Company is engaged in the business of selling fresh perishables and everyday grocery items, together with foodservice, packaging and janitorial products. The Company operates through two segments: Smart & Final, and Cash and Carry. The Smart & Final segment focuses on both household and business customers.
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