Pantry Inc. Sets New 1-Year Low at $10.99 (PTRY)
Pantry (NASDAQ:PTRY) set a new 52-week low during mid-day trading on Monday, AnalystRatings.Net reports. The stock traded as low as $10.99 and last traded at $11.13, with a volume of 159,668 shares. The stock had previously closed at $11.30.
PTRY has been the subject of a number of recent research reports. Analysts at Deutsche Bank initiated coverage on shares of Pantry (NASDAQ:PTRY) in a research note to investors on Wednesday, September 25th. They set a “hold” rating and a $13.00 price target on the stock. Analysts at Zacks downgraded shares of Pantry (NASDAQ:PTRY) from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday, August 7th. They now have a $11.50 price target on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $12.83.
Pantry has a one year low of $11.10 and a one year high of $15.10. The stock’s 50-day moving average is $11.63 and its 200-day moving average is $12.64. The company’s market cap is $260.9 million.
Pantry (NASDAQ:PTRY) last announced its earnings results on Tuesday, August 6th. The company reported $0.28 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.47 by $0.19. The company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $2.00 billion. During the same quarter last year, the company posted $0.65 earnings per share. Pantry’s revenue was down 6.8% compared to the same quarter last year. On average, analysts predict that Pantry will post $0.04 earnings per share for the current fiscal year.
The Pantry, Inc (NASDAQ:PTRY) is an independently operated convenience store chain in the southeastern United States.
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