Somewhat Positive Press Coverage Somewhat Unlikely to Impact SuperValu (SVU) Stock Price
News stories about SuperValu (NYSE:SVU) have trended somewhat positive on Thursday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. SuperValu earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news stories about the company an impact score of 44.9514546643226 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news stories that may have impacted Accern’s analysis:
- Stunning stock- SUPERVALU Inc. (SVU) – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Know the Secrets in Technical Analysis of SUPERVALU Inc. (SVU) – Wall Street Morning (wallstreetmorning.com)
- Ahead Momentum: SUPERVALU Inc. (SVU), Marathon Patent Group, Inc. (MARA) – Market Movers (financialqz.com)
- SuperValu (SVU) & Safeway (SWY) Critical Analysis (americanbankingnews.com)
Shares of SuperValu (SVU) opened at $21.78 on Thursday. The company has a debt-to-equity ratio of 4.76, a quick ratio of 0.57 and a current ratio of 1.21. SuperValu has a 52 week low of $14.55 and a 52 week high of $34.79. The company has a market capitalization of $836.53, a price-to-earnings ratio of -38.89 and a beta of 2.29.
SuperValu (NYSE:SVU) last issued its earnings results on Wednesday, October 18th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.35 by $0.11. The business had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $3.78 billion. SuperValu had a return on equity of 41.33% and a net margin of 4.08%. The company’s revenue was up 35.5% compared to the same quarter last year. During the same period last year, the business posted $0.70 EPS. equities research analysts anticipate that SuperValu will post 2.26 earnings per share for the current year.
A number of research analysts have commented on SVU shares. ValuEngine lowered SuperValu from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Pivotal Research set a $39.00 price target on SuperValu and gave the company a “buy” rating in a research report on Tuesday, October 17th. Morgan Stanley decreased their target price on SuperValu from $22.50 to $20.50 and set an “equal weight” rating for the company in a research report on Thursday, October 19th. Royal Bank of Canada reissued an “outperform” rating and issued a $35.00 target price on shares of SuperValu in a research report on Thursday, October 19th. Finally, Northcoast Research reissued a “neutral” rating on shares of SuperValu in a research report on Thursday, October 19th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. SuperValu has a consensus rating of “Hold” and a consensus price target of $26.50.
Supervalu Inc is a wholesale distributor to independent retail customers across the United States. The Company’s segments include Wholesale and Retail. The Company offers a range of advertised brand name and private-label products, including grocery (both perishable and nonperishable), general merchandise and home, health and beauty care, and pharmacy, which are sold through Company-operated and licensed Retail stores to shoppers and through its Wholesale segment to independent retail customers.
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