Shares of Smart & Final Stores Inc (NYSE:SFS) have been assigned a consensus rating of “Hold” from the nine research firms that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $6.40.

SFS has been the subject of several research reports. Zacks Investment Research downgraded shares of Smart & Final Stores from a “hold” rating to a “sell” rating in a research note on Thursday, October 18th. ValuEngine downgraded shares of Smart & Final Stores from a “sell” rating to a “strong sell” rating in a research note on Wednesday, September 26th. Finally, Deutsche Bank downgraded shares of Smart & Final Stores from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $9.00 to $6.00 in a research note on Tuesday, October 9th.

NYSE SFS traded up $0.13 on Friday, hitting $6.86. The stock had a trading volume of 22,053 shares, compared to its average volume of 307,275. The company has a current ratio of 1.04, a quick ratio of 0.34 and a debt-to-equity ratio of 1.49. Smart & Final Stores has a 52-week low of $4.45 and a 52-week high of $9.80. The firm has a market capitalization of $494.05 million, a P/E ratio of 20.19, a P/E/G ratio of 7.22 and a beta of 1.55.

Smart & Final Stores (NYSE:SFS) last released its quarterly earnings results on Wednesday, November 14th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.17 by $0.06. Smart & Final Stores had a negative net margin of 2.91% and a positive return on equity of 7.00%. The business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same period in the previous year, the company earned $0.17 earnings per share. The business’s revenue for the quarter was up 2.8% on a year-over-year basis. As a group, sell-side analysts predict that Smart & Final Stores will post 0.32 earnings per share for the current fiscal year.

In related news, SVP Michael A. Mortensen sold 21,977 shares of the business’s stock in a transaction on Monday, December 3rd. The shares were sold at an average price of $6.32, for a total transaction of $138,894.64. Following the completion of the transaction, the senior vice president now directly owns 76,707 shares in the company, valued at $484,788.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 9.63% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Oppenheimer Asset Management Inc. acquired a new position in shares of Smart & Final Stores in the third quarter worth about $416,000. Panagora Asset Management Inc. acquired a new position in shares of Smart & Final Stores in the third quarter worth about $141,000. Martin & Co. Inc. TN raised its position in shares of Smart & Final Stores by 66.1% in the second quarter. Martin & Co. Inc. TN now owns 339,457 shares of the company’s stock worth $1,884,000 after acquiring an additional 135,142 shares during the period. Bank of Montreal Can raised its position in shares of Smart & Final Stores by 31.8% in the third quarter. Bank of Montreal Can now owns 332,177 shares of the company’s stock worth $1,893,000 after acquiring an additional 80,229 shares during the period. Finally, Bank of America Corp DE raised its position in shares of Smart & Final Stores by 1,755.2% in the second quarter. Bank of America Corp DE now owns 520,943 shares of the company’s stock worth $2,891,000 after acquiring an additional 492,863 shares during the period. Institutional investors own 94.11% of the company’s stock.

About Smart & Final Stores

Smart & Final Stores, Inc operates as a food retailer in the United States. It operates in two segments, Smart & Final, and Cash & Carry Smart Foodservice. The company's stores offer fresh perishables and everyday grocery items, such as produce, meat and deli, dairy and cheese, grocery, and beverage products, as well as paper and packaging, and restaurant equipment and janitorial supplies.

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

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