Equities analysts predict that Smart (NYSE:SFS) will announce earnings per share (EPS) of $0.20 for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Smart’s earnings. Smart reported earnings per share of $0.19 in the same quarter last year, which would indicate a positive year over year growth rate of 5.3%. The business is expected to report its next earnings report on Wednesday, November 15th.

According to Zacks, analysts expect that Smart will report full-year earnings of $0.47 per share for the current year, with EPS estimates ranging from $0.45 to $0.48. For the next fiscal year, analysts anticipate that the company will report earnings of $0.51 per share, with EPS estimates ranging from $0.50 to $0.52. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that that provide coverage for Smart.

Smart (NYSE:SFS) last issued its quarterly earnings data on Tuesday, July 25th. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by $0.04. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.08 billion. Smart had a return on equity of 4.14% and a net margin of 0.21%. The business’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.20 earnings per share.

A number of equities research analysts have commented on SFS shares. Zacks Investment Research downgraded shares of Smart from a “hold” rating to a “sell” rating in a research report on Tuesday, May 2nd. Morgan Stanley reaffirmed an “underweight” rating and issued a $8.00 target price (down previously from $11.00) on shares of Smart in a research report on Monday, June 19th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $19.00 target price on shares of Smart in a research report on Thursday, May 18th. TheStreet downgraded shares of Smart from a “c-” rating to a “d+” rating in a research report on Tuesday, July 18th. Finally, BidaskClub downgraded shares of Smart from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 13th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. Smart currently has a consensus rating of “Hold” and an average target price of $18.83.

Shares of Smart (SFS) remained flat at $7.25 during mid-day trading on Tuesday. The company had a trading volume of 529,355 shares. Smart has a 1-year low of $7.00 and a 1-year high of $15.45. The firm’s 50 day moving average price is $8.02 and its 200-day moving average price is $11.30. The stock has a market cap of $536.64 million, a P/E ratio of 60.42 and a beta of 0.28.

In other news, EVP Scott R. Drew sold 21,000 shares of the business’s stock in a transaction on Monday, June 12th. The shares were sold at an average price of $13.02, for a total transaction of $273,420.00. Following the completion of the sale, the executive vice president now owns 64,648 shares of the company’s stock, valued at approximately $841,716.96. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Michael A. Mortensen sold 26,980 shares of the business’s stock in a transaction on Monday, July 3rd. The shares were sold at an average price of $8.86, for a total transaction of $239,042.80. Following the sale, the senior vice president now directly owns 48,191 shares of the company’s stock, valued at approximately $426,972.26. The disclosure for this sale can be found here. In the last three months, insiders have sold 101,940 shares of company stock valued at $1,097,389. Insiders own 8.47% of the company’s stock.

Several large investors have recently modified their holdings of SFS. Wellington Management Group LLP increased its stake in shares of Smart by 50.5% in the first quarter. Wellington Management Group LLP now owns 7,771,127 shares of the company’s stock worth $94,031,000 after buying an additional 2,608,286 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of Smart by 8.1% in the second quarter. Victory Capital Management Inc. now owns 3,229,048 shares of the company’s stock worth $29,384,000 after buying an additional 242,135 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of Smart by 10.3% in the second quarter. Franklin Resources Inc. now owns 3,026,922 shares of the company’s stock worth $27,545,000 after buying an additional 282,997 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Smart by 4.7% in the second quarter. Vanguard Group Inc. now owns 2,386,074 shares of the company’s stock worth $21,714,000 after buying an additional 107,655 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Smart by 50.7% in the second quarter. Dimensional Fund Advisors LP now owns 1,121,872 shares of the company’s stock worth $10,209,000 after buying an additional 377,326 shares during the last quarter.

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About Smart

Smart & Final Stores, Inc is a food retailer. The Company is engaged in the business of selling fresh perishables and everyday grocery items, together with foodservice, packaging and janitorial products. The Company operates through two segments: Smart & Final, and Cash and Carry. The Smart & Final segment focuses on both household and business customers.

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