Smart & Final Stores (NYSE:SFS) issued an update on its FY18 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $0.42-0.47 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.52. The company issued revenue guidance of $4.75-4.80 billion, compared to the consensus revenue estimate of $4.82 billion.
Shares of Smart & Final Stores (NYSE SFS) traded down $0.15 on Wednesday, reaching $7.30. 378,910 shares of the company’s stock were exchanged, compared to its average volume of 373,039. The company has a quick ratio of 0.29, a current ratio of 0.92 and a debt-to-equity ratio of 1.11. The company has a market capitalization of $529.08, a PE ratio of 72.20, a P/E/G ratio of 3.43 and a beta of 0.99. Smart & Final Stores has a twelve month low of $5.80 and a twelve month high of $13.95.
SFS has been the topic of a number of research analyst reports. Loop Capital cut their price target on shares of Smart & Final Stores from $15.00 to $11.00 and set a buy rating on the stock in a research report on Thursday, November 16th. Deutsche Bank cut their price objective on shares of Smart & Final Stores from $12.00 to $10.00 and set a buy rating on the stock in a research report on Thursday, November 16th. Morgan Stanley cut their price objective on shares of Smart & Final Stores from $7.50 to $7.00 and set an underweight rating on the stock in a research report on Thursday, November 16th. ValuEngine cut shares of Smart & Final Stores from a hold rating to a sell rating in a research report on Friday, November 17th. Finally, Zacks Investment Research cut shares of Smart & Final Stores from a hold rating to a sell rating in a research report on Tuesday, November 21st. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of $10.83.
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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.
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