Smart & Final Stores (SFS) Downgraded by ValuEngine

ValuEngine lowered shares of Smart & Final Stores (NYSE:SFS) from a hold rating to a sell rating in a research note issued to investors on Monday, April 1st, ValuEngine reports.

Several other brokerages also recently issued reports on SFS. Zacks Investment Research downgraded shares of Smart & Final Stores from a buy rating to a hold rating in a research report on Wednesday, February 13th. Buckingham Research began coverage on shares of Smart & Final Stores in a research report on Thursday, February 7th. They set a neutral rating on the stock. Eight equities research analysts have rated the stock with a hold rating, Smart & Final Stores has a consensus rating of Hold and a consensus price target of $5.95.

Shares of NYSE:SFS traded down $0.01 on Monday, hitting $6.48. The stock had a trading volume of 75,540 shares, compared to its average volume of 610,202. Smart & Final Stores has a twelve month low of $4.45 and a twelve month high of $7.40. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.34 and a current ratio of 1.08. The company has a market capitalization of $497.79 million, a PE ratio of 21.60, a P/E/G ratio of 6.79 and a beta of 1.72.

Smart & Final Stores (NYSE:SFS) last issued its 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 firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the prior year, the firm posted $0.15 EPS. The firm’s revenue for the quarter was up 3.2% on a year-over-year basis. On average, analysts forecast that Smart & Final Stores will post 0.32 EPS for the current year.

Several hedge funds have recently made changes to their positions in SFS. Citigroup Inc. increased its stake in shares of Smart & Final Stores by 249.3% in the 4th 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 bought a new stake in Smart & Final Stores during the 4th quarter worth approximately $64,000. Virtu Financial LLC bought a new stake in Smart & Final Stores during the 4th quarter worth approximately $90,000. Jane Street Group LLC bought a new stake in Smart & Final Stores during the 3rd quarter worth approximately $120,000. Finally, Panagora Asset Management Inc. acquired a new position in Smart & Final Stores during the 3rd quarter worth approximately $141,000. 92.35% of the stock is owned by 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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