Wall Street analysts expect Smart & Final Stores Inc (NYSE:SFS) to announce earnings of $0.12 per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Smart & Final Stores’ earnings. The highest EPS estimate is $0.14 and the lowest is $0.11. Smart & Final Stores posted earnings of $0.15 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 20%. The business is expected to announce its next earnings report on Wednesday, March 13th.

According to Zacks, analysts expect that Smart & Final Stores will report full year earnings of $0.47 per share for the current fiscal year, with EPS estimates ranging from $0.46 to $0.48. For the next fiscal year, analysts expect that the firm will post earnings of $0.45 per share, with EPS estimates ranging from $0.44 to $0.47. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that that provide coverage for Smart & Final Stores.

Smart & Final Stores (NYSE:SFS) last released its quarterly earnings data on Wednesday, November 14th. The company reported $0.23 EPS for the quarter, beating 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 firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the previous year, the company earned $0.17 earnings per share. The company’s quarterly revenue was up 2.8% on a year-over-year basis.

Several research firms have commented on SFS. Zacks Investment Research downgraded shares of Smart & Final Stores from a “buy” rating to a “hold” rating in a report on Wednesday, September 26th. ValuEngine downgraded shares of Smart & Final Stores from a “sell” rating to a “strong sell” rating in a research note on Monday, October 29th. Finally, Deutsche Bank downgraded shares of Smart & Final Stores from a “buy” rating to a “hold” rating and decreased their price target for the company from $9.00 to $6.00 in a research note on Tuesday, October 9th. Two investment analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. Smart & Final Stores presently has a consensus rating of “Hold” and an average price target of $6.17.

In related news, SVP Michael A. Mortensen sold 21,977 shares of the company’s stock in a transaction dated Monday, December 3rd. The shares were sold at an average price of $6.32, for a total value of $138,894.64. Following 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 9.63% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Virtu Financial LLC bought a new stake in Smart & Final Stores during the fourth quarter worth about $90,000. Jane Street Group LLC bought a new stake in Smart & Final Stores during the third quarter worth about $120,000. Panagora Asset Management Inc. bought a new stake in Smart & Final Stores during the third quarter worth about $141,000. Dynamic Technology Lab Private Ltd bought a new stake in Smart & Final Stores during the third quarter worth about $155,000. Finally, Globeflex Capital L P lifted its position in Smart & Final Stores by 237.2% during the third quarter. Globeflex Capital L P now owns 72,170 shares of the company’s stock worth $411,000 after purchasing an additional 50,767 shares during the period. 94.11% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE:SFS traded down $0.22 on Friday, hitting $6.35. The company had a trading volume of 577,468 shares, compared to its average volume of 326,797. Smart & Final Stores has a 1-year low of $4.45 and a 1-year high of $9.80. The company has a market cap of $499.37 million, a P/E ratio of 18.68, a P/E/G ratio of 7.30 and a beta of 1.55. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.04 and a quick ratio of 0.34.

Smart & Final Stores Company Profile

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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