Headlines about Smart & Final (NYSE:SFS) have trended somewhat positive on Saturday, according to Accern. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Smart & Final earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 47.0458993254461 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have effected Accern’s rankings:
SFS has been the subject of a number of analyst reports. Barclays raised shares of Smart & Final from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $8.00 to $12.00 in a research note on Tuesday, January 16th. Zacks Investment Research downgraded shares of Smart & Final from a “hold” rating to a “sell” rating in a research note on Tuesday, January 30th. Loop Capital downgraded shares of Smart & Final from a “buy” rating to a “hold” rating and decreased their target price for the company from $11.00 to $8.00 in a research note on Thursday, March 15th. Morgan Stanley decreased their target price on shares of Smart & Final from $8.00 to $7.50 and set an “underweight” rating for the company in a research note on Thursday, March 15th. Finally, TheStreet downgraded shares of Smart & Final from a “c” rating to a “d+” rating in a research note on Wednesday, March 14th. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. Smart & Final has an average rating of “Hold” and an average price target of $10.31.
Shares of NYSE:SFS traded down $0.05 during trading on Friday, reaching $5.30. 797,203 shares of the stock traded hands, compared to its average volume of 695,494. Smart & Final has a 52-week low of $5.15 and a 52-week high of $13.95. The company has a quick ratio of 0.34, a current ratio of 0.97 and a debt-to-equity ratio of 1.53. The stock has a market cap of $391.77, a price-to-earnings ratio of 15.59, a PEG ratio of 4.03 and a beta of 1.17.
Smart & Final (NYSE:SFS) last posted its quarterly earnings results on Wednesday, March 14th. The company reported $0.15 EPS for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.04. Smart & Final had a negative net margin of 3.04% and a positive return on equity of 5.12%. The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the prior year, the company posted $0.07 earnings per share. The business’s revenue for the quarter was up 6.7% on a year-over-year basis. sell-side analysts anticipate that Smart & Final will post 0.3 earnings per share for the current year.
In other news, EVP Scott R. Drew sold 36,560 shares of the stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $8.99, for a total transaction of $328,674.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 8.47% of the company’s stock.
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Smart & Final Company Profile
Smart & Final Stores, Inc operates as a food retailer in the United States. It operates in two segments, Smart & Final, and Cash & Carry Smart Foodservice. The company operates non-membership warehouse-style grocery stores under the Smart & Final banner in California, Arizona, and Nevada, as well as under the Cash & Carry Smart Foodservice banner in Washington, Oregon, Northern California, Idaho, Nevada, Montana, and Utah.
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