Share on StockTwits

Roundy’s Inc (NASDAQ:RNDY) issued an update on its FY13 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $0.77-0.80 for the period, compared to the Thomson Reuters consensus estimate of $0.71, American Banking News reports. The company issued revenue guidance of ~$3.95 billion, compared to the consensus revenue estimate of $3.95 billion.

RNDY has been the subject of a number of recent research reports. Analysts at Jefferies Group initiated coverage on shares of Roundy’s in a research note to investors on Friday, January 10th. They set a hold rating and a $10.50 price target on the stock. On a related note, analysts at Credit Suisse initiated coverage on shares of Roundy’s in a research note to investors on Friday, December 27th. They set a neutral rating and a $10.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Roundy’s from $6.00 to $7.00 in a research note to investors on Monday, November 11th. They now have a neutral rating on the stock. Six investment analysts have rated the stock with a hold rating, The stock presently has a consensus rating of Hold and an average target price of $8.55.

Roundy’s Inc (NASDAQ:RNDY) opened at 8.48 on Monday. Roundy’s Inc has a 1-year low of $5.53 and a 1-year high of $10.96. The stock’s 50-day moving average is $9.39 and its 200-day moving average is $8.99. The company’s market cap is $381.4 million.

Roundy’s (NASDAQ:RNDY) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by $0.06. The company had revenue of $984.16 million for the quarter, compared to the consensus estimate of $987.69 million. During the same quarter last year, the company posted $0.20 earnings per share. Roundy’s's revenue was up 1.1% compared to the same quarter last year. On average, analysts predict that Roundy’s Inc will post $0.71 earnings per share for the current fiscal year.

Roundy’s, Inc, formerly Roundy’s Parent Company, Inc, is a retail grocery company headquartered in Milwaukee, Wisconsin.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.