Wall Street brokerages expect that Smart (NYSE:SFS) will report $0.13 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Smart’s earnings, with estimates ranging from $0.12 to $0.13. Smart posted earnings of $0.07 per share in the same quarter last year, which would indicate a positive year over year growth rate of 85.7%. The business is scheduled to announce its next earnings results on Wednesday, March 14th.

According to Zacks, analysts expect that Smart will report full year earnings of $0.42 per share for the current year, with EPS estimates ranging from $0.41 to $0.43. For the next financial year, analysts expect that the firm will post earnings of $0.46 per share, with EPS estimates ranging from $0.42 to $0.54. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that follow Smart.

A number of equities research analysts have commented on the stock. Zacks Investment Research lowered shares of Smart from a “hold” rating to a “sell” rating in a report on Tuesday, November 21st. J P Morgan Chase & Co assumed coverage on shares of Smart in a report on Tuesday, December 5th. They set a “neutral” rating and a $9.00 price objective on the stock. ValuEngine lowered shares of Smart from a “hold” rating to a “sell” rating in a report on Friday, November 17th. Deutsche Bank decreased their price objective on shares of Smart from $12.00 to $10.00 and set a “buy” rating on the stock in a report on Thursday, November 16th. Finally, Wells Fargo & Company assumed coverage on shares of Smart in a report on Friday, November 3rd. They set an “outperform” rating and a $9.00 price objective on the stock. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company’s stock. Smart presently has an average rating of “Hold” and a consensus target price of $11.23.

Shares of Smart (NYSE:SFS) opened at $8.40 on Wednesday. The company has a quick ratio of 0.29, a current ratio of 0.92 and a debt-to-equity ratio of 1.11. Smart has a fifty-two week low of $5.80 and a fifty-two week high of $15.45. The firm has a market cap of $655.40, a PE ratio of 31.96, a PEG ratio of 4.93 and a beta of 0.62.

In other news, VP Eleanor Hong sold 6,400 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $8.00, for a total value of $51,200.00. Following the transaction, the vice president now owns 59,922 shares of the company’s stock, valued at approximately $479,376. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Michael A. Mortensen sold 19,304 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $6.11, for a total transaction of $117,947.44. Following the completion of the transaction, the senior vice president now directly owns 40,515 shares in the company, valued at approximately $247,546.65. The disclosure for this sale can be found here. Insiders sold a total of 109,500 shares of company stock worth $836,611 in the last ninety days. Insiders own 8.47% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the company. Aperio Group LLC bought a new position in shares of Smart in the 2nd quarter valued at about $125,000. Trexquant Investment LP bought a new position in shares of Smart in the 2nd quarter valued at about $157,000. Highbridge Capital Management LLC bought a new position in shares of Smart in the 3rd quarter valued at about $140,000. California Public Employees Retirement System bought a new position in shares of Smart in the 2nd quarter valued at about $165,000. Finally, JPMorgan Chase & Co. bought a new position in shares of Smart in the 3rd quarter valued at about $150,000.

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Smart Company Profile

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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