SuperValu (NYSE:SVU) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a report released on Thursday.

SVU has been the subject of a number of other reports. Zacks Investment Research downgraded SuperValu from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Goldman Sachs Group reiterated a “sell” rating and issued a $14.00 price target on shares of SuperValu in a report on Tuesday, November 14th. TheStreet downgraded SuperValu from a “c” rating to a “d+” rating in a report on Wednesday, October 18th. Northcoast Research reiterated a “neutral” rating on shares of SuperValu in a report on Thursday, October 19th. Finally, BidaskClub downgraded SuperValu from a “sell” rating to a “strong sell” rating in a report on Friday, August 11th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $26.50.

Shares of SuperValu (NYSE:SVU) traded up $0.68 on Thursday, hitting $19.59. The company’s stock had a trading volume of 1,190,000 shares, compared to its average volume of 1,370,000. SuperValu has a one year low of $14.55 and a one year high of $35.91. The firm has a market cap of $752.42, a price-to-earnings ratio of 8.05 and a beta of 2.29. The company has a debt-to-equity ratio of 4.76, a quick ratio of 0.57 and a current ratio of 1.21.

SuperValu (NYSE:SVU) last issued its quarterly earnings results on Wednesday, October 18th. The company reported $0.46 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.11. SuperValu had a return on equity of 41.33% and a net margin of 4.08%. The business had revenue of $3.80 billion during the quarter, compared to the consensus estimate of $3.78 billion. During the same period in the previous year, the business earned $0.70 EPS. The business’s quarterly revenue was up 35.5% on a year-over-year basis. analysts anticipate that SuperValu will post 2.26 earnings per share for the current year.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Public Employees Retirement System of Ohio bought a new position in SuperValu during the 3rd quarter worth $147,000. Lenox Wealth Management Inc. bought a new position in SuperValu during the 3rd quarter worth $486,000. Envestnet Asset Management Inc. bought a new position in SuperValu during the 3rd quarter worth $3,642,000. OxFORD Asset Management LLP bought a new position in SuperValu during the 3rd quarter worth $5,589,000. Finally, Cambridge Investment Research Advisors Inc. bought a new position in SuperValu during the 3rd quarter worth $537,000. Hedge funds and other institutional investors own 83.25% of the company’s stock.

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SuperValu Company Profile

Supervalu Inc is a wholesale distributor to independent retail customers across the United States. The Company’s segments include Wholesale and Retail. The Company offers a range of advertised brand name and private-label products, including grocery (both perishable and nonperishable), general merchandise and home, health and beauty care, and pharmacy, which are sold through Company-operated and licensed Retail stores to shoppers and through its Wholesale segment to independent retail customers.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for SuperValu (NYSE:SVU)

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