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Fred's (NASDAQ:FRED) is scheduled to release its Q214 earnings data on Thursday, August 28th. Analysts expect Fred's to post earnings of ($0.17) per share and revenue of $488.07 million for the quarter. Fred's has set its Q2 guidance at $0.04-0.09 EPS and its FY15 guidance at $0.60-0.68 EPS.

Fred's (NASDAQ:FRED) last announced its earnings results on Thursday, May 29th. The company reported $0.17 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.20 by $0.03. The company had revenue of $498.30 million for the quarter, compared to the consensus estimate of $501.64 million. During the same quarter in the prior year, the company posted $0.31 earnings per share. The company’s quarterly revenue was down .6% on a year-over-year basis. On average, analysts expect Fred's to post $0.25 EPS for the current fiscal year and $0.67 EPS for the next fiscal year.

Fred's (NASDAQ:FRED) opened at 15.64 on Wednesday. Fred's has a 1-year low of $14.53 and a 1-year high of $21.05. The stock’s 50-day moving average is $15.74 and its 200-day moving average is $16.97. The company has a market cap of $576.4 million and a P/E ratio of 27.84.

The company also recently declared a quarterly dividend, which is scheduled for Monday, September 15th. Investors of record on Friday, September 5th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date of this dividend is Wednesday, September 3rd.

FRED has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Fred's from an “underperform” rating to a “neutral” rating in a research note on Friday, July 18th. They now have a $17.00 price target on the stock. On the ratings front, analysts at TheStreet downgraded shares of Fred's from a “buy” rating to a “hold” rating in a research note on Friday, June 13th. Finally, analysts at Wedbush reiterated a “neutral” rating on shares of Fred's in a research note on Friday, May 30th. They now have a $12.00 price target on the stock, down previously from $14.00. Seven equities research analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and an average target price of $15.25.

Fred’s, Inc is engaged in the sale of general merchandise through its retail discount stores and full-service pharmacies.

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