Shares of Smart & Final Stores Inc (NYSE:SFS) have been given an average rating of “Hold” by the thirteen analysts that are currently covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $10.94.
Several research firms have recently commented on SFS. JPMorgan Chase & Co. began coverage on Smart & Final Stores in a research note on Tuesday, December 5th. They issued a “neutral” rating and a $9.00 price objective on the stock. Zacks Investment Research downgraded Smart & Final Stores from a “hold” rating to a “sell” rating in a research note on Tuesday, January 30th. ValuEngine raised Smart & Final Stores from a “sell” rating to a “hold” rating in a research note on Tuesday, December 5th. Barclays raised Smart & Final Stores from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $8.00 to $12.00 in a research note on Tuesday, January 16th. Finally, Morgan Stanley decreased their price objective on 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.
Smart & Final Stores (NYSE SFS) traded down $0.15 during midday trading on Friday, hitting $7.30. The stock had a trading volume of 124,013 shares, compared to its average volume of 366,417. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.92 and a quick ratio of 0.29. Smart & Final Stores has a 1 year low of $5.80 and a 1 year high of $13.95. The company has a market capitalization of $538.23, a P/E ratio of 26.25, a P/E/G ratio of 3.43 and a beta of 0.99.
Institutional investors and hedge funds have recently modified their holdings of the stock. Virtu Financial LLC bought a new stake in Smart & Final Stores during the 4th quarter valued at approximately $114,000. Highbridge Capital Management LLC bought a new stake in Smart & Final Stores during the 3rd quarter valued at approximately $140,000. California Public Employees Retirement System bought a new stake in Smart & Final Stores during the 2nd quarter valued at approximately $165,000. JPMorgan Chase & Co. bought a new stake in Smart & Final Stores during the 3rd quarter valued at approximately $150,000. Finally, Ameriprise Financial Inc. purchased a new position in Smart & Final Stores during the 2nd quarter valued at approximately $223,000.
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Smart & Final Stores 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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