Shares of Smart & Final Stores Inc (NYSE:SFS) have received a consensus rating of “Hold” from the eleven analysts that are covering the company, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, six have given a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $7.08.
Several research analysts have commented on the stock. ValuEngine downgraded shares of Smart & Final Stores from a “sell” rating to a “strong sell” rating in a research note on Monday. Zacks Investment Research raised shares of Smart & Final Stores from a “hold” rating to a “buy” rating and set a $6.75 price target on the stock in a research note on Tuesday, July 31st. Citigroup assumed coverage on shares of Smart & Final Stores in a research note on Friday, July 6th. They set a “neutral” rating on the stock. Finally, Deutsche Bank downgraded shares of Smart & Final Stores from a “buy” rating to a “hold” rating and decreased their price target for the stock from $9.00 to $6.00 in a research note on Tuesday, October 9th.
SFS stock opened at $5.08 on Tuesday. The company has a market cap of $400.85 million, a price-to-earnings ratio of 14.94, a price-to-earnings-growth ratio of 1.67 and a beta of 1.28. Smart & Final Stores has a one year low of $4.45 and a one year high of $10.00. The company has a current ratio of 0.97, a quick ratio of 0.30 and a debt-to-equity ratio of 1.52.
Several institutional investors have recently modified their holdings of SFS. FMR LLC bought a new stake in Smart & Final Stores in the second quarter valued at $9,822,000. BlackRock Inc. boosted its holdings in Smart & Final Stores by 85.7% in the second quarter. BlackRock Inc. now owns 3,172,824 shares of the company’s stock valued at $17,610,000 after acquiring an additional 1,464,373 shares in the last quarter. Cove Street Capital LLC bought a new stake in Smart & Final Stores in the second quarter valued at $5,257,000. Bank of America Corp DE boosted its holdings in Smart & Final Stores by 1,755.2% in the second quarter. Bank of America Corp DE now owns 520,943 shares of the company’s stock valued at $2,891,000 after acquiring an additional 492,863 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Smart & Final Stores by 18.7% in the first quarter. Dimensional Fund Advisors LP now owns 2,465,275 shares of the company’s stock valued at $13,682,000 after acquiring an additional 387,582 shares in the last quarter. Hedge funds and other institutional investors own 93.36% of the company’s stock.
About Smart & Final Stores
Smart & Final Stores, Inc operates as a food retailer in the United States. It operates in two segments, Smart & Final, and Cash & Carry Smart Foodservice. The company's stores offer fresh perishables and everyday grocery items, such as produce, meat and deli, dairy and cheese, grocery, and beverage products, as well as paper and packaging, and restaurant equipment and janitorial supplies.
Recommended Story: Penny Stocks, Risk and Reward Factors
Receive News & Ratings for Smart & Final Stores Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smart & Final Stores and related companies with MarketBeat.com's FREE daily email newsletter.