Smart & Final Stores Inc (SFS) Receives Consensus Rating of “Hold” from Analysts

Smart & Final Stores Inc (NYSE:SFS) has been assigned an average rating of “Hold” from the fourteen brokerages that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $11.45.

Several brokerages have issued reports on SFS. Loop Capital dropped their price target on Smart & Final Stores from $15.00 to $11.00 and set a “buy” rating on the stock in a research note on Thursday, November 16th. Morgan Stanley dropped their price target on Smart & Final Stores from $7.50 to $7.00 and set an “underweight” rating on the stock in a research note on Thursday, November 16th. Wells Fargo & Co began coverage on Smart & Final Stores in a research note on Friday, November 3rd. They issued an “outperform” rating and a $9.00 price target on the stock. Deutsche Bank dropped their price target on Smart & Final Stores from $12.00 to $10.00 and set a “buy” rating on the stock in a research note on Thursday, November 16th. Finally, ValuEngine raised Smart & Final Stores from a “sell” rating to a “hold” rating in a research report on Tuesday, December 5th.

Shares of Smart & Final Stores (NYSE:SFS) traded up $0.07 on Wednesday, reaching $8.67. The company’s stock had a trading volume of 105,107 shares, compared to its average volume of 357,493. Smart & Final Stores has a 12-month low of $5.80 and a 12-month high of $15.40. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.29 and a current ratio of 0.92. The firm has a market capitalization of $618.78, a price-to-earnings ratio of 86.71, a PEG ratio of 3.94 and a beta of 0.73.

Smart & Final Stores (NYSE:SFS) last issued its quarterly earnings results on Wednesday, November 15th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.05). Smart & Final Stores had a net margin of 0.16% and a return on equity of 3.69%. The business had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.48 billion. equities research analysts expect that Smart & Final Stores will post 0.33 EPS for the current fiscal year.

In related news, EVP Scott R. Drew sold 54,840 shares of the stock in a transaction on Monday, November 20th. The stock was sold at an average price of $7.94, for a total value of $435,429.60. Following the completion of the sale, the executive vice president now directly owns 98,488 shares of the company’s stock, valued at approximately $781,994.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Scott R. Drew sold 36,560 shares of the stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of $8.35, for a total value of $305,276.00. Following the completion of the sale, the executive vice president now directly owns 141,660 shares of the company’s stock, valued at $1,182,861. The disclosure for this sale can be found here. Insiders have sold 144,012 shares of company stock worth $1,206,097 over the last ninety days. 8.47% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Franklin Resources Inc. raised its position in Smart & Final Stores by 12.4% in the 4th quarter. Franklin Resources Inc. now owns 4,061,674 shares of the company’s stock valued at $34,727,000 after buying an additional 448,664 shares during the last quarter. Vanguard Group Inc. raised its position in Smart & Final Stores by 4.7% in the 2nd quarter. Vanguard Group Inc. now owns 2,386,074 shares of the company’s stock valued at $21,714,000 after buying an additional 107,655 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Smart & Final Stores by 48.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,667,686 shares of the company’s stock valued at $13,091,000 after buying an additional 545,814 shares during the last quarter. Brandywine Global Investment Management LLC purchased a new stake in Smart & Final Stores in the 4th quarter valued at $8,433,000. Finally, Boston Partners raised its position in Smart & Final Stores by 73.5% in the 3rd quarter. Boston Partners now owns 929,980 shares of the company’s stock valued at $7,301,000 after buying an additional 394,100 shares during the last quarter.

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About Smart & Final Stores

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.

Analyst Recommendations for Smart & Final Stores (NYSE:SFS)

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