Zacks Investment Research upgraded shares of Smart Final Stores Inc. (NYSE:SFS) from a sell rating to a reason rating in a news expelled on Wednesday morning.
According to Zacks, “Smart Final Stores, Inc. is a value-oriented food and bland staples tradesman that serves domicile and business customers. It operates grocery and foodservice stores underneath a Smart Final, Smart Final Extra! and Cash Carry Smart Foodservice banners in California, Oregon, Washington, Arizona, Nevada, Idaho. The Company’s stores offer several products, including simple grocery, produce, dairy, meat, beverage, foodservice, packaging, and janitorial items. Smart Final Stores, Inc. is headquartered in Los Angeles. “
Several other analysts also recently released reports on SFS. Credit Suisse Group AG reissued a reason rating and set a $13.00 aim cost on shares of Smart Final Stores in a investigate note on Thursday, Nov 17th. Barclays PLC insincere coverage on shares of Smart Final Stores in a news on Friday, Sep 23rd. They released an equal weight rating and a $13.00 cost design for a company. RBC Capital Markets reiterated an outperform rating and released a $21.00 cost design on shares of Smart Final Stores in a news on Thursday, Nov 17th. DA Davidson reiterated a neutral rating and released a $72.00 cost design on shares of Smart Final Stores in a news on Saturday, Oct 15th. Finally, Oppenheimer Holdings Inc. reiterated a marketplace perform rating on shares of Smart Final Stores in a news on Sunday, Oct 2nd. One investigate researcher has rated a batch with a sell rating, 7 have reserved a reason rating and 5 have reserved a buy rating to a company’s stock. The batch now has a accord rating of Hold and a accord cost aim of $21.73.
Shares of Smart Final Stores (NYSE:SFS) remained prosaic during $15.25 during midday trade on Wednesday. 490,078 shares of a company’s batch traded hands. The association has a 50-day relocating normal of $13.98 and a 200-day relocating normal of $13.56. Smart Final Stores has a 12-month low of $11.55 and a 12-month high of $16.72. The batch has a marketplace capitalization of $1.11 billion, a price-to-earnings ratio of 51.00 and a beta of 0.26.
Smart Final Stores (NYSE:SFS) final announced a quarterly gain information on Wednesday, Nov 16th. The association reported $0.19 EPS for a quarter, violence analysts’ accord estimates of $0.16 by $0.03. Smart Final Stores had a lapse on equity of 7.98% and a net domain of 0.53%. The association warranted $1.39 billion during a quarter, compared to a accord guess of $1.42 billion. During a same entertain in a before year, a organisation warranted $0.22 EPS. The company’s quarterly income was adult 11.9% compared to a same entertain final year. Equities investigate analysts design that Smart Final Stores will post $0.57 gain per share for a stream mercantile year.
In associated news, CEO David G. Hirz sole 17,143 shares of a batch in a transaction antiquated Monday, Dec 5th. The shares were sole during an normal cost of $13.15, for a sum value of $225,430.45. Following a execution of a sale, a arch executive officer now owns 230,049 shares in a company, valued during $3,025,144.35. The transaction was disclosed in a filing with a SEC, that can be accessed by this link. Also, SVP Michael A. Mortensen sole 26,980 shares of a batch in a transaction antiquated Tuesday, Jan 17th. The shares were sole during an normal cost of $15.02, for a sum transaction of $405,239.60. Following a execution of a sale, a comparison clamp boss now owns 36,564 shares of a company’s stock, valued during approximately $549,191.28. The avowal for this sale can be found here. 8.97% of a batch is now owned by corporate insiders.
Several vast investors have recently combined to or reduced their stakes in a stock. D.A. Davidson CO. increased a interest in Smart Final Stores by 1.3% in a third quarter. D.A. Davidson CO. now owns 12,088 shares of a company’s batch valued during $154,000 after shopping an additional 153 shares during a final quarter. Quantitative Systematic Strategies LLC lifted a position in Smart Final Stores by 16.1% in a third quarter. Quantitative Systematic Strategies LLC now owns 13,773 shares of a company’s batch valued during $173,000 after shopping an additional 1,906 shares during a period. Martin Co. Inc. TN lifted a position in Smart Final Stores by 1.7% in a third quarter. Martin Co. Inc. TN now owns 68,720 shares of a company’s batch valued during $878,000 after shopping an additional 1,150 shares during a period. The Manufacturers Life Insurance Company acquired a new position in Smart Final Stores during a third entertain valued during about $227,000. Finally, Empyrean Capital Partners LP lifted a position in Smart Final Stores by 35.5% in a third quarter. Empyrean Capital Partners LP now owns 1,125,000 shares of a company’s batch valued during $14,366,000 after shopping an additional 294,931 shares during a period.
Smart Final Stores Company Profile
Smart Final Stores, Inc is a food retailer. The Company serves domicile and business business by approximately dual store banners, including Smart Final and Cash Carry. The Company operates by dual business segments: Smart Final and Cash Carry. The Smart Final shred is formed in Commerce, California and includes over 90 bequest Smart Final stores and approximately 130 Extra! format stores, that concentration on domicile and business business and are located in California, Arizona and Nevada.
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