Smart & Final Stores Inc (SFS) Receives $5.56 Average PT from Analysts

Shares of Smart & Final Stores Inc (NYSE:SFS) have been given an average rating of “Hold” by the eight ratings firms that are covering the stock, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a hold rating. The average 12 month target price among analysts that have issued a report on the stock in the last year is $6.24.

A number of equities analysts have issued reports on the stock. Zacks Investment Research cut shares of Smart & Final Stores from a “buy” rating to a “hold” rating in a research note on Wednesday, February 13th. Buckingham Research assumed coverage on shares of Smart & Final Stores in a research note on Thursday, February 7th. They issued a “neutral” rating on the stock. Morgan Stanley raised shares of Smart & Final Stores from an “underweight” rating to an “equal weight” rating and set a $6.47 price objective on the stock in a research note on Wednesday. Finally, ValuEngine raised shares of Smart & Final Stores from a “sell” rating to a “hold” rating in a research note on Thursday, February 28th.

Shares of SFS traded up $0.03 during mid-day trading on Tuesday, hitting $6.52. 1,540,932 shares of the company traded hands, compared to its average volume of 1,133,792. Smart & Final Stores has a one year low of $4.45 and a one year high of $7.40. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.08 and a quick ratio of 0.34. The stock has a market capitalization of $498.94 million, a P/E ratio of 21.73, a price-to-earnings-growth ratio of 6.79 and a beta of 1.72.

Smart & Final Stores (NYSE:SFS) last released its quarterly earnings results on Wednesday, March 13th. The company reported $0.08 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by ($0.04). Smart & Final Stores had a negative net margin of 2.37% and a positive return on equity of 6.10%. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same period last year, the company earned $0.15 earnings per share. Smart & Final Stores’s revenue for the quarter was up 3.2% compared to the same quarter last year. As a group, analysts anticipate that Smart & Final Stores will post 0.32 EPS for the current year.

A number of hedge funds have recently made changes to their positions in SFS. Citigroup Inc. boosted its stake in Smart & Final Stores by 249.3% in the fourth quarter. Citigroup Inc. now owns 12,893 shares of the company’s stock valued at $61,000 after acquiring an additional 9,202 shares during the last quarter. Gotham Asset Management LLC acquired a new stake in Smart & Final Stores in the fourth quarter worth $64,000. Virtu Financial LLC acquired a new stake in Smart & Final Stores in the fourth quarter worth $90,000. Jane Street Group LLC acquired a new stake in Smart & Final Stores in the third quarter worth $120,000. Finally, Panagora Asset Management Inc. acquired a new stake in Smart & Final Stores in the third quarter worth $141,000. 92.35% of the stock is currently owned by hedge funds and other institutional investors.

Smart & Final Stores Company Profile

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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Analyst Recommendations for Smart & Final Stores (NYSE:SFS)

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