$0.54 EPS Expected for SpartanNash Company (SPTN)
April 24, 2018 – By Michael Pereira
Investors sentiment increased to 1.16 in 2017 Q4. Its up 0.38, from 0.78 in 2017Q3. It improved, as 12 investors sold SpartanNash Company shares while 52 reduced holdings. 28 funds opened positions while 46 raised stakes. 30.51 million shares or 1.60% less from 31.01 million shares in 2017Q3 were reported.
Stone Ridge Asset Ltd Liability invested 0.04% in SpartanNash Company (NASDAQ:SPTN). Meeder Asset Mngmt holds 101 shares or 0% of its portfolio. Comerica Savings Bank invested in 0.02% or 104,716 shares. Invesco, a Georgia-based fund reported 120,118 shares. 3,190 were accumulated by Ameritas Inc. Pub Sector Pension Inv Board reported 0% stake. Swiss Natl Bank stated it has 61,580 shares or 0% of all its holdings. State Board Of Administration Of Florida Retirement Systems invested 0% of its portfolio in SpartanNash Company (NASDAQ:SPTN). Victory Mngmt holds 0% or 26,048 shares in its portfolio. Morgan Stanley, a New York-based fund reported 219,689 shares. Public Employees Retirement Sys Of Ohio holds 0% of its portfolio in SpartanNash Company (NASDAQ:SPTN) for 9,037 shares. Barclays Public Ltd Co invested in 0% or 48,358 shares. Mason Street Ltd Liability Corporation stated it has 9,616 shares or 0.01% of all its holdings. Pinebridge Investments Ltd Partnership holds 0.02% or 22,740 shares. Vanguard Grp Inc invested in 2.12 million shares.
Since March 1, 2018, it had 1 insider buy, and 0 insider sales for $100,320 activity.
Analysts expect SpartanNash Company (NASDAQ:SPTN) to report $0.54 EPS on May, 23.They anticipate $0.01 EPS change or 1.82 % from last quarter’s $0.55 EPS. SPTN’s profit would be $19.51 million giving it 8.31 P/E if the $0.54 EPS is correct. After having $0.41 EPS previously, SpartanNash Company’s analysts see 31.71 % EPS growth. The stock decreased 0.44% or $0.08 during the last trading session, reaching $17.96. About 100,833 shares traded. SpartanNash Company (NASDAQ:SPTN) has declined 49.62% since April 24, 2017 and is downtrending. It has underperformed by 61.17% the S&P500.
SpartanNash Company (NASDAQ:SPTN) Ratings Coverage
Among 5 analysts covering SpartanNash (NASDAQ:SPTN), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. SpartanNash had 9 analyst reports since November 10, 2017 according to SRatingsIntel. The rating was maintained by Jefferies on Monday, February 26 with “Hold”. The stock of SpartanNash Company (NASDAQ:SPTN) earned “Hold” rating by BMO Capital Markets on Thursday, February 22. The company was maintained on Tuesday, January 23 by BMO Capital Markets. The firm earned “Outperform” rating on Friday, March 2 by BMO Capital Markets. The stock has “Equal-Weight” rating by Barclays Capital on Friday, November 10. The company was maintained on Friday, November 10 by Jefferies. The firm has “Hold” rating given on Thursday, February 22 by Deutsche Bank. BMO Capital Markets maintained it with “Market Perform” rating and $22 target in Monday, November 13 report. The rating was downgraded by Northcoast to “Hold” on Friday, January 5.
SpartanNash Company distributes and retails grocery products. The company has market cap of $648.96 million. It operates in three divisions: Food Distribution, Military, and Retail. It currently has negative earnings. The Food Distribution segment offers approximately 60,000 stock-keeping units, such as dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, pharmacy, and health and beauty care products to independent retail locations, food service distributors, and corporate-owned retail stores.
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