Analysts predict that Smart (NYSE:SFS) will post $0.20 earnings per share for the current quarter, according to Zacks. Two analysts have provided estimates for Smart’s earnings. Smart posted earnings per share of $0.19 during the same quarter last year, which indicates a positive year-over-year growth rate of 5.3%. The firm is expected to announce its next earnings results on Wednesday, November 15th.

According to Zacks, analysts expect that Smart will report full year earnings of $0.47 per share for the current financial year, with EPS estimates ranging from $0.45 to $0.48. For the next fiscal year, analysts expect that the firm will report earnings of $0.51 per share, with EPS estimates ranging from $0.50 to $0.52. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Smart.

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

A number of research firms recently issued reports on SFS. Citigroup Inc. reiterated a “neutral” rating and set a $8.50 price objective (down from $10.00) on shares of Smart in a report on Friday, August 11th. Zacks Investment Research downgraded Smart from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. BidaskClub downgraded Smart from a “hold” rating to a “sell” rating in a research note on Tuesday, August 8th. Deutsche Bank AG restated a “buy” rating and issued a $12.00 price target (down from $14.00) on shares of Smart in a research note on Wednesday, July 26th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $19.00 price target on shares of Smart in a research note on Friday, July 21st. Two analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $18.83.

Shares of Smart (NYSE SFS) opened at 6.95 on Friday. Smart has a 12-month low of $6.60 and a 12-month high of $15.45. The firm has a market capitalization of $514.44 million, a price-to-earnings ratio of 57.92 and a beta of 0.31. The company has a 50-day moving average price of $7.69 and a 200 day moving average price of $10.65.

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In other news, EVP Scott R. Drew sold 21,000 shares of the firm’s stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $13.02, for a total value of $273,420.00. Following the completion of the sale, the executive vice president now directly owns 64,648 shares of the company’s stock, valued at $841,716.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Michael A. Mortensen sold 26,980 shares of the firm’s stock in a transaction that occurred on Thursday, July 6th. The shares were sold at an average price of $8.26, for a total value of $222,854.80. Following the completion of the sale, the senior vice president now directly owns 48,191 shares of the company’s stock, valued at $398,057.66. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 74,960 shares of company stock valued at $735,318. Corporate insiders own 8.47% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Credit Suisse AG lifted its position in shares of Smart by 0.4% in the first quarter. Credit Suisse AG now owns 46,587 shares of the company’s stock valued at $563,000 after buying an additional 193 shares during the last quarter. American International Group Inc. lifted its position in shares of Smart by 7.1% in the first quarter. American International Group Inc. now owns 14,236 shares of the company’s stock valued at $172,000 after buying an additional 940 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of Smart by 1.0% in the second quarter. Schwab Charles Investment Management Inc. now owns 100,397 shares of the company’s stock valued at $914,000 after buying an additional 1,030 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Smart by 2.2% in the second quarter. Goldman Sachs Group Inc. now owns 79,948 shares of the company’s stock valued at $728,000 after buying an additional 1,690 shares during the last quarter. Finally, Keybank National Association OH lifted its position in shares of Smart by 2.9% in the second quarter. Keybank National Association OH now owns 82,700 shares of the company’s stock valued at $753,000 after buying an additional 2,327 shares during the last quarter.

Smart Company Profile

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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