Zacks: Analysts Anticipate Smart & Final Stores Inc (NYSE:SFS) Will Post Earnings of $0.17 Per Share
Equities research analysts expect that Smart & Final Stores Inc (NYSE:SFS) will report earnings per share of $0.17 for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Smart & Final Stores’ earnings, with the lowest EPS estimate coming in at $0.15 and the highest estimate coming in at $0.18. Smart & Final Stores reported earnings of $0.16 per share in the same quarter last year, which suggests a positive year over year growth rate of 6.3%. The business is scheduled to announce its next quarterly earnings report on Wednesday, July 24th.
According to Zacks, analysts expect that Smart & Final Stores will report full year earnings of $0.44 per share for the current financial year, with EPS estimates ranging from $0.43 to $0.45. For the next financial year, analysts expect that the company will post earnings of $0.49 per share, with EPS estimates ranging from $0.47 to $0.51. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that cover Smart & Final Stores.
Smart & Final Stores (NYSE:SFS) last released its earnings results on Wednesday, May 1st. The company reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01. The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.05 billion. Smart & Final Stores had a negative net margin of 2.34% and a positive return on equity of 6.59%.
SFS stock traded up $0.01 during trading on Wednesday, reaching $6.48. The company had a trading volume of 305,726 shares, compared to its average volume of 600,808. The stock has a market capitalization of $496.04 million, a PE ratio of 21.60, a price-to-earnings-growth ratio of 6.75 and a beta of 1.71. The company has a quick ratio of 0.27, a current ratio of 0.91 and a debt-to-equity ratio of 5.14. Smart & Final Stores has a twelve month low of $4.61 and a twelve month high of $7.40.
Hedge funds and other institutional investors have recently made changes to their positions in the business. BNP Paribas Arbitrage SA lifted its stake in Smart & Final Stores by 67.9% during the 1st quarter. BNP Paribas Arbitrage SA now owns 7,341 shares of the company’s stock valued at $36,000 after acquiring an additional 2,969 shares during the period. Citigroup Inc. increased its holdings in Smart & Final Stores by 249.3% in the 4th quarter. Citigroup Inc. now owns 12,893 shares of the company’s stock worth $61,000 after acquiring an additional 9,202 shares in the last quarter. Gotham Asset Management LLC purchased a new stake in Smart & Final Stores in the 4th quarter worth $64,000. Virtu Financial LLC purchased a new stake in Smart & Final Stores in the 4th quarter worth $90,000. Finally, Rhumbline Advisers increased its holdings in Smart & Final Stores by 44.5% in the 4th quarter. Rhumbline Advisers now owns 32,495 shares of the company’s stock worth $154,000 after acquiring an additional 10,007 shares in the last quarter. Institutional investors and hedge funds own 92.17% of the company’s stock.
About Smart & Final Stores
Smart & Final Stores, Inc operates as a food retailer in the United States. It operates in two segments, Smart & Final and Smart Foodservice. The company's stores offer fresh perishables and everyday grocery items, such as produce, meat and deli, dairy and cheese, grocery, and beverage products, as well as paper and packaging, and restaurant equipment and janitorial supplies.
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