Smart & Final Stores Inc. (NYSE:SFS) has received an average rating of “Hold” from the fourteen ratings firms that are covering the firm. One research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $22.70.

SFS has been the subject of a number of recent research reports. Deutsche Bank AG lowered their price target on shares of Smart & Final Stores from $20.00 to $17.00 and set a “buy” rating for the company in a report on Friday, July 29th. RBC Capital Markets reiterated a “buy” rating and set a $21.00 price target on shares of Smart & Final Stores in a report on Friday, July 22nd. Barclays PLC initiated coverage on shares of Smart & Final Stores in a report on Friday, September 23rd. They set an “equal weight” rating and a $13.00 price target for the company. Zacks Investment Research upgraded shares of Smart & Final Stores from a “sell” rating to a “hold” rating in a report on Wednesday, September 7th. Finally, TheStreet upgraded shares of Smart & Final Stores from a “sell” rating to a “hold” rating in a report on Friday, September 2nd.

In other Smart & Final Stores news, CEO David G. Hirz sold 48,628 shares of Smart & Final Stores stock in a transaction that occurred on Monday, October 3rd. The shares were sold at an average price of $12.79, for a total transaction of $621,952.12. Following the transaction, the chief executive officer now directly owns 166,219 shares of the company’s stock, valued at $2,125,941.01. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO David G. Hirz sold 106,312 shares of Smart & Final Stores stock in a transaction that occurred on Friday, September 9th. The shares were sold at an average price of $12.92, for a total transaction of $1,373,551.04. Following the transaction, the chief executive officer now directly owns 163,140 shares in the company, valued at $2,107,768.80. The disclosure for this sale can be found here. Company insiders own 8.97% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in SFS. Independent Portfolio Consultants Inc. boosted its position in shares of Smart & Final Stores by 3.2% in the third quarter. Independent Portfolio Consultants Inc. now owns 10,815 shares of the company’s stock worth $138,000 after buying an additional 340 shares during the period. BlackRock Inc. boosted its position in Smart & Final Stores by 1.6% in the first quarter. BlackRock Inc. now owns 62,972 shares of the company’s stock worth $1,020,000 after buying an additional 986 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its position in Smart & Final Stores by 1.7% in the second quarter. Schwab Charles Investment Management Inc. now owns 77,213 shares of the company’s stock worth $1,150,000 after buying an additional 1,260 shares during the last quarter. BlackRock Investment Management LLC boosted its position in Smart & Final Stores by 1.3% in the second quarter. BlackRock Investment Management LLC now owns 127,680 shares of the company’s stock worth $1,901,000 after buying an additional 1,637 shares during the last quarter. Finally, Suntrust Banks Inc. boosted its position in Smart & Final Stores by 12.4% in the second quarter. Suntrust Banks Inc. now owns 15,793 shares of the company’s stock worth $234,000 after buying an additional 1,747 shares during the last quarter. 98.45% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Smart & Final Stores (NYSE:SFS) opened at 12.93 on Wednesday. Smart & Final Stores has a 52 week low of $12.16 and a 52 week high of $18.67. The company’s 50-day moving average is $12.82 and its 200 day moving average is $14.64. The stock has a market capitalization of $955.57 million, a P/E ratio of 35.14 and a beta of 0.05.

Smart & Final Stores (NYSE:SFS) last posted its earnings results on Thursday, July 28th. The company reported $0.20 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by $0.01. Smart & Final Stores had a net margin of 0.67% and a return on equity of 8.36%. The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.05 billion. During the same quarter last year, the business posted $0.22 earnings per share. The business’s revenue was up 14.3% compared to the same quarter last year. On average, equities analysts forecast that Smart & Final Stores will post $0.56 EPS for the current fiscal year.

About Smart & Final Stores

Smart & Final Stores, Inc is a food retailer. The Company serves household and business customers through approximately two store banners, including Smart & Final and Cash & Carry. The Company operates through two business segments: Smart & Final and Cash & Carry. The Smart & Final segment is based in Commerce, California and includes over 90 legacy Smart & Final stores and approximately 130 Extra! format stores, which focus on household and business customers and are located in California, Arizona and Nevada.

5 Day Chart for NYSE:SFS

Receive News & Stock Ratings for Smart & Final Stores Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smart & Final Stores Inc. and related stocks with our FREE daily email newsletter.