Supervalu Inc. (NYSE:SVU) – Stock analysts at Northcoast Research issued their Q4 2018 EPS estimates for shares of Supervalu in a research note issued on Tuesday. Northcoast Research analyst C. Cerankosky forecasts that the company will post earnings per share of $0.32 for the quarter. Northcoast Research has a “Neutral” rating on the stock. Northcoast Research also issued estimates for Supervalu’s FY2019 earnings at $2.06 EPS.

A number of other equities research analysts have also recently weighed in on SVU. Pivotal Research set a $39.00 price target on shares of Supervalu and gave the company a “buy” rating in a research report on Tuesday, October 17th. ValuEngine raised shares of Supervalu from a “hold” rating to a “buy” rating in a research report on Wednesday, October 18th. Royal Bank of Canada reissued an “outperform” rating and issued a $35.00 price target on shares of Supervalu in a research report on Thursday, October 19th. Morgan Stanley reduced their price target on shares of Supervalu from $22.50 to $20.50 and set an “equal weight” rating for the company in a research report on Thursday, October 19th. Finally, TheStreet cut shares of Supervalu from a “c” rating to a “d+” rating in a research report on Wednesday, October 18th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. Supervalu currently has an average rating of “Hold” and a consensus price target of $24.69.

Shares of Supervalu (NYSE SVU) traded down $0.60 on Thursday, reaching $15.65. 2,705,651 shares of the company were exchanged, compared to its average volume of 2,331,867. Supervalu has a 52-week low of $14.55 and a 52-week high of $31.29. The stock has a market capitalization of $609.93, a PE ratio of 68.04 and a beta of 2.29. The company has a current ratio of 1.24, a quick ratio of 0.47 and a debt-to-equity ratio of 4.65.

Supervalu (NYSE:SVU) last released its quarterly earnings data on Wednesday, January 10th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.13. The business had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $4 billion. Supervalu had a net margin of 4.17% and a return on equity of 26.48%. The company’s revenue for the quarter was up 31.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.35 EPS.

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Supervalu by 2.3% during the second quarter. Vanguard Group Inc. now owns 29,991,105 shares of the company’s stock worth $98,671,000 after buying an additional 682,044 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Supervalu by 35.3% during the second quarter. Dimensional Fund Advisors LP now owns 7,299,814 shares of the company’s stock worth $24,016,000 after buying an additional 1,903,023 shares in the last quarter. Cooper Creek Partners Management LLC boosted its holdings in Supervalu by 60.8% during the second quarter. Cooper Creek Partners Management LLC now owns 4,817,245 shares of the company’s stock worth $15,849,000 after buying an additional 1,820,941 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in Supervalu by 3.5% during the second quarter. Wells Fargo & Company MN now owns 3,898,027 shares of the company’s stock worth $12,825,000 after buying an additional 132,579 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its holdings in Supervalu by 59.3% during the second quarter. Schwab Charles Investment Management Inc. now owns 2,769,774 shares of the company’s stock worth $9,113,000 after buying an additional 1,030,762 shares in the last quarter. 80.63% of the stock is currently owned by hedge funds and other institutional investors.

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About Supervalu

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.

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