Equities research analysts expect Smart (NYSE:SFS) to announce earnings per share of $0.20 for the current fiscal quarter, Zacks reports. Two analysts have made estimates for Smart’s earnings. Smart posted earnings of $0.19 per share in the same quarter last year, which indicates a positive year over year growth rate of 5.3%. The firm is scheduled to report its next earnings results on Wednesday, November 15th.

On average, analysts expect that Smart will report full year earnings of $0.47 per share for the current year, with EPS estimates ranging from $0.45 to $0.48. For the next year, analysts anticipate that the business will report earnings of $0.51 per share, with EPS estimates ranging from $0.50 to $0.52. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that that provide coverage for Smart.

Smart (NYSE:SFS) last announced its earnings results on Tuesday, July 25th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.04). Smart had a return on equity of 4.14% and a net margin of 0.21%. The business had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same period last year, the firm earned $0.20 EPS. The company’s revenue for the quarter was up 3.9% compared to the same quarter last year.

A number of brokerages have recently weighed in on SFS. Royal Bank Of Canada restated a “buy” rating and issued a $19.00 price target on shares of Smart in a research report on Thursday, May 18th. Morgan Stanley reiterated an “underweight” rating and set a $8.00 price objective (down previously from $11.00) on shares of Smart in a research report on Monday, June 19th. Zacks Investment Research upgraded Smart from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. BidaskClub upgraded Smart from a “sell” rating to a “hold” rating in a research report on Wednesday, August 2nd. Finally, Deutsche Bank AG reiterated a “buy” rating and set a $12.00 price objective (down previously from $14.00) on shares of Smart in a research report on Wednesday, July 26th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company’s stock. Smart currently has an average rating of “Hold” and an average price target of $18.83.

In other Smart news, SVP Michael A. Mortensen sold 26,980 shares of the firm’s stock in a transaction dated Thursday, July 6th. The stock was sold at an average price of $8.26, for a total value of $222,854.80. Following the sale, the senior vice president now directly owns 48,191 shares of the company’s stock, valued at approximately $398,057.66. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 8.47% of the stock is currently owned by company insiders.

A number of large investors have recently modified their holdings of SFS. Aperio Group LLC acquired a new stake in Smart in the 2nd quarter worth about $125,000. Trexquant Investment LP acquired a new stake in Smart in the 2nd quarter worth about $157,000. California Public Employees Retirement System acquired a new stake in Smart in the 2nd quarter worth about $165,000. American International Group Inc. boosted its stake in Smart by 7.1% in the 1st quarter. American International Group Inc. now owns 14,236 shares of the company’s stock worth $172,000 after buying an additional 940 shares during the last quarter. Finally, Verition Fund Management LLC acquired a new stake in Smart in the 2nd quarter worth about $173,000.

Shares of Smart (NYSE:SFS) traded up 3.60% on Friday, hitting $7.20. 434,421 shares of the stock traded hands. The company has a market cap of $532.94 million, a PE ratio of 60.00 and a beta of 0.31. The firm’s 50 day moving average is $7.63 and its 200-day moving average is $10.47. Smart has a 12 month low of $6.60 and a 12 month high of $15.45.

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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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