Seven and I (OTCMKTS:SVNDY) Shares Down 8% – Should You Sell?

Seven and I Holdings Co. (OTCMKTS:SVNDY) shares were down 8% during trading on Monday . The company traded as low as $12.32 and last traded at $12.42. Approximately 41,643 shares changed hands during trading, a decline of 84% from the average daily volume of 253,133 shares. The stock had previously closed at $13.50.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on SVNDY. Sanford C. Bernstein raised Seven and I to a “hold” rating in a report on Tuesday, May 26th. Zacks Research raised Seven and I to a “hold” rating in a report on Tuesday, June 16th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Seven and I currently has an average rating of “Hold”.

Seven and I Stock Down 8.0%

The company has a market capitalization of $29.57 billion, a price-to-earnings ratio of 14.96 and a beta of 0.30. The business’s 50-day moving average is $11.99 and its 200-day moving average is $13.13. The company has a quick ratio of 0.67, a current ratio of 0.79 and a debt-to-equity ratio of 0.84.

Seven and I (OTCMKTS:SVNDY) last posted its quarterly earnings results on Thursday, July 9th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.10 by $0.11. The company had revenue of $14.65 billion for the quarter, compared to analyst estimates of $14.97 billion. Seven and I had a net margin of 3.03% and a return on equity of 7.81%. As a group, equities analysts predict that Seven and I Holdings Co. will post 0.77 earnings per share for the current year.

About Seven and I

Seven & I Holdings Co, Ltd. is a Tokyo-based diversified retail holding company best known for its convenience store operations under the 7-Eleven banner. Established as a holding company in 2005 through the reorganization of legacy retail businesses, Seven & I groups a portfolio of retail and service businesses including convenience stores, supermarkets, department stores, foodservice operations, and financial services.

The company’s core activity is the development and franchising of convenience stores that offer a mix of prepared foods, grocery items, daily necessities and quick-service retail products.