Jeronimo Martins SGPS SA (OTCMKTS:JRONY) Stock Short Interest Report for October

Jeronimo Martins SGPS SA (OTCMKTS:JRONY) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 3,494 shares, an increase of 3,782.2% from the October 15th total of 90 shares. Based on an average daily volume of 28,749 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Jeronimo Martins SGPS Stock Down 0.9%

JRONY opened at $43.54 on Wednesday. Jeronimo Martins SGPS has a twelve month low of $36.67 and a twelve month high of $52.97. The company has a quick ratio of 0.35, a current ratio of 0.64 and a debt-to-equity ratio of 0.14. The company has a 50-day moving average price of $40.85 and a 200 day moving average price of $43.53. The company has a market cap of $13.70 billion, a PE ratio of 20.64, a price-to-earnings-growth ratio of 2.55 and a beta of 0.71.

Jeronimo Martins SGPS (OTCMKTS:JRONY) last posted its quarterly earnings data on Wednesday, October 28th. The company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.05. Jeronimo Martins SGPS had a return on equity of 19.74% and a net margin of 1.55%. The company had revenue of $10.61 billion for the quarter, compared to analysts’ expectations of $10.66 billion. Sell-side analysts expect that Jeronimo Martins SGPS will post 2.42 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

JRONY has been the subject of several research analyst reports. Citigroup reaffirmed a “buy” rating on shares of Jeronimo Martins SGPS in a research note on Monday, August 10th. Zacks Research cut shares of Jeronimo Martins SGPS from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 7th. Finally, Jefferies Financial Group raised shares of Jeronimo Martins SGPS from a “hold” rating to a “buy” rating in a research note on Monday, September 21st. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Jeronimo Martins SGPS Company Profile

Jeronimo Martins SGPS is a Portuguese international food retail group with roots dating to 1792, when Jerónimo Martins opened a grocery shop in Lisbon. Today, the company operates primarily in Portugal, Poland and Colombia. Its retail businesses include Biedronka, a grocery discount chain in Poland; Pingo Doce supermarkets and Recheio cash-and-carry stores in Portugal; and Ara discount grocery stores in Colombia. The group also operates Hebe, a health and beauty retailer in Poland, and has activities in food production and distribution.