Spartan Stores Inc. Sets New 1-Year High at $25.30 (SPTN)
Spartan Stores (NASDAQ:SPTN) set a new 52-week high during trading on Thursday, AnalystRatingsNetwork.com reports. The stock traded as high as $25.30 and last traded at $25.25, with a volume of 145,097 shares. The stock had previously closed at $24.53.
Spartan Stores has a one year low of $15.20 and a one year high of $25.30. The stock’s 50-day moving average is $23.52 and its 200-day moving average is $22.04. The company has a market cap of $548.4 million and a price-to-earnings ratio of 20.82.
Spartan Stores (NASDAQ:SPTN) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $0.55 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.49 by $0.06. The company had revenue of $649.50 million for the quarter, compared to the consensus estimate of $629.76 million. During the same quarter last year, the company posted $0.46 earnings per share. Spartan Stores’s revenue was up 4.5% compared to the same quarter last year. On average, analysts predict that Spartan Stores will post $1.54 earnings per share for the current fiscal year.
Spartan Stores, Inc is a regional grocery distributor and grocery retailer, operating principally in Michigan and Indiana.
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