Jeronimo Martins SGPS SA (JRONY) – What Are Analysts Thinking About This Stock?

Jeronimo Martins SGPS SA (OTCMKTS:JRONY) has received a consensus rating of “Moderate Buy” from the six analysts that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of research firms recently weighed in on JRONY. Kepler Capital Markets upgraded shares of Jeronimo Martins SGPS from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 8th. Zacks Research downgraded Jeronimo Martins SGPS from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 7th. Barclays reissued an “overweight” rating on shares of Jeronimo Martins SGPS in a report on Friday, July 3rd. Royal Bank Of Canada started coverage on Jeronimo Martins SGPS in a research note on Monday, July 6th. They issued a “moderate buy” rating for the company. Finally, Citigroup restated a “buy” rating on shares of Jeronimo Martins SGPS in a report on Monday, August 10th.

Jeronimo Martins SGPS Stock Performance

JRONY opened at $41.38 on Friday. Jeronimo Martins SGPS has a 1-year low of $36.67 and a 1-year high of $52.97. The company has a market cap of $13.02 billion, a price-to-earnings ratio of 16.02, a PEG ratio of 1.88 and a beta of 0.77. The company’s fifty day moving average price is $40.68 and its two-hundred day moving average price is $41.67. The company has a current ratio of 0.64, a quick ratio of 0.35 and a debt-to-equity ratio of 0.14.

Jeronimo Martins SGPS (OTCMKTS:JRONY) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.12. The firm had revenue of $10.67 billion during the quarter, compared to analysts’ expectations of $10.74 billion. Jeronimo Martins SGPS had a net margin of 1.73% and a return on equity of 20.03%. On average, analysts expect that Jeronimo Martins SGPS will post 2.53 EPS for the current fiscal year.

About Jeronimo Martins SGPS

Jerónimo Martins SGPS, SA is a Portugal-based food retail and distribution group with roots dating to 1792, when the original Jerónimo Martins grocery business was established in Lisbon. The company operates through retail, wholesale and food-service activities, serving consumers and business customers across Portugal, Poland and Colombia.

In Portugal, the group operates Pingo Doce supermarkets and Recheio cash-and-carry stores, which supply food retailers, restaurants and other professional customers.