$0.12 Earnings Per Share Expected for Smart & Final Stores Inc (SFS) This Quarter

Analysts forecast that Smart & Final Stores Inc (NYSE:SFS) will announce earnings per share (EPS) of $0.12 for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Smart & Final Stores’ earnings, with the highest EPS estimate coming in at $0.13 and the lowest estimate coming in at $0.12. Smart & Final Stores posted earnings of $0.07 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 71.4%. The business is expected to report its next quarterly earnings results on Wednesday, March 14th.

On average, analysts expect that Smart & Final Stores 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 business will report earnings of $0.49 per share, with EPS estimates ranging from $0.42 to $0.54. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that that provide coverage for Smart & Final Stores.

Smart & Final Stores (NYSE:SFS) last issued its quarterly earnings results on Wednesday, November 15th. The company reported $0.14 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.05). Smart & Final Stores had a net margin of 0.16% and a return on equity of 3.69%.

A number of brokerages recently weighed in on SFS. JPMorgan Chase & Co. began coverage on shares of Smart & Final Stores in a research note on Tuesday, December 5th. They issued a “neutral” rating and a $9.00 price target on the stock. Zacks Investment Research lowered shares of Smart & Final Stores from a “hold” rating to a “sell” rating in a research note on Tuesday, January 30th. ValuEngine raised shares of Smart & Final Stores from a “sell” rating to a “hold” rating in a research note on Tuesday, December 5th. Barclays raised shares of Smart & Final Stores from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $8.00 to $12.00 in a research note on Tuesday, January 16th. Finally, Morgan Stanley decreased their price target on shares of Smart & Final Stores from $7.50 to $7.00 and set an “underweight” rating on the stock in a research note on Thursday, November 16th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. Smart & Final Stores has an average rating of “Hold” and an average target price of $11.30.

In other news, VP Eleanor Hong sold 6,400 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $8.00, for a total transaction of $51,200.00. Following the completion of the sale, the vice president now owns 59,922 shares in the company, valued at approximately $479,376. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Scott R. Drew sold 54,840 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $7.94, for a total transaction of $435,429.60. Following the sale, the executive vice president now owns 98,488 shares of the company’s stock, valued at approximately $781,994.72. The disclosure for this sale can be found here. Insiders have sold a total of 144,012 shares of company stock valued at $1,206,097 in the last 90 days. Insiders own 8.47% of the company’s stock.

A number of institutional investors have recently bought and sold shares of the stock. Schwab Charles Investment Management Inc. increased its holdings in Smart & Final Stores by 1.0% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 100,397 shares of the company’s stock valued at $914,000 after purchasing an additional 1,030 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Smart & Final Stores by 2.2% in the 2nd quarter. Goldman Sachs Group Inc. now owns 79,948 shares of the company’s stock valued at $728,000 after purchasing an additional 1,690 shares during the last quarter. Wells Fargo & Company MN increased its holdings in Smart & Final Stores by 61.9% in the 3rd quarter. Wells Fargo & Company MN now owns 30,480 shares of the company’s stock valued at $239,000 after purchasing an additional 11,652 shares during the last quarter. Alliancebernstein L.P. increased its holdings in Smart & Final Stores by 62.6% in the 2nd quarter. Alliancebernstein L.P. now owns 32,200 shares of the company’s stock valued at $293,000 after purchasing an additional 12,400 shares during the last quarter. Finally, Neuberger Berman Group LLC increased its holdings in Smart & Final Stores by 28.1% in the 3rd quarter. Neuberger Berman Group LLC now owns 66,540 shares of the company’s stock valued at $522,000 after purchasing an additional 14,600 shares during the last quarter.

Shares of Smart & Final Stores (NYSE:SFS) traded down $0.05 during trading on Friday, reaching $8.85. 192,497 shares of the company were exchanged, compared to its average volume of 361,058. The stock has a market cap of $651.73, a price-to-earnings ratio of 88.01, a PEG ratio of 4.15 and a beta of 0.73. Smart & Final Stores has a 1 year low of $5.80 and a 1 year high of $15.40. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.92 and a quick ratio of 0.29.

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About Smart & Final Stores

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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