News headlines about Stein Mart (NASDAQ:SMRT) have been trending somewhat positive on Monday, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Stein Mart earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 48.0616132300828 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Separately, ValuEngine downgraded Stein Mart from a “buy” rating to a “hold” rating in a research report on Saturday, March 10th.
Shares of SMRT traded up $0.17 during trading hours on Monday, reaching $2.70. 786,893 shares of the company’s stock traded hands, compared to its average volume of 1,013,780. The company has a current ratio of 1.05, a quick ratio of 0.16 and a debt-to-equity ratio of 0.87. Stein Mart has a 12 month low of $0.48 and a 12 month high of $4.04.
Stein Mart (NASDAQ:SMRT) last issued its quarterly earnings results on Wednesday, May 23rd. The company reported $0.16 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.16. The firm had revenue of $326.69 million during the quarter. Stein Mart had a negative return on equity of 30.93% and a negative net margin of 1.58%. During the same quarter last year, the business posted ($0.24) EPS.
Stein Mart Company Profile
Stein Mart, Inc operates as a retailer that provides fashion merchandise products and related services in the United States. It offers fashion apparel for women and men, as well as accessories, shoes, and home fashions. The company's stores also provide merchandise locator services; a preferred customer program; co-branded and private label credit card programs; and electronic gift cards.
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