Smart & Final Stores (SFS) – Investment Analysts’ Weekly Ratings Updates

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A number of firms have modified their ratings and price targets on shares of Smart & Final Stores (NYSE: SFS) recently:

  • 10/29/2018 – Smart & Final Stores was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.
  • 10/18/2018 – Smart & Final Stores was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Smart & Final Stores, Inc. is a value-oriented food and everyday staples retailer that serves household and business customers. It operates grocery and foodservice stores under the Smart & Final, Smart & Final Extra! and Cash & Carry Smart Foodservice banners in California, Oregon, Washington, Arizona, Nevada, Idaho. The Company’s stores offer various products, including basic grocery, produce, dairy, meat, beverage, foodservice, packaging, and janitorial items. Smart & Final Stores, Inc. is headquartered in Los Angeles. “
  • 10/12/2018 – Smart & Final Stores was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating.
  • 10/9/2018 – Smart & Final Stores was downgraded by analysts at Deutsche Bank AG from a “buy” rating to a “hold” rating. They now have a $6.00 price target on the stock, down previously from $9.00.
  • 9/26/2018 – Smart & Final Stores was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.
  • 9/26/2018 – Smart & Final Stores was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Smart & Final Stores, Inc. is a value-oriented food and everyday staples retailer that serves household and business customers. It operates grocery and foodservice stores under the Smart & Final, Smart & Final Extra! and Cash & Carry Smart Foodservice banners in California, Oregon, Washington, Arizona, Nevada, Idaho. The Company’s stores offer various products, including basic grocery, produce, dairy, meat, beverage, foodservice, packaging, and janitorial items. Smart & Final Stores, Inc. is headquartered in Los Angeles. “

Shares of NYSE SFS traded down $0.03 during trading hours on Tuesday, reaching $5.05. The stock had a trading volume of 10,162 shares, compared to its average volume of 318,580. The stock has a market cap of $400.85 million, a PE ratio of 14.85, a price-to-earnings-growth ratio of 1.67 and a beta of 1.28. The company has a quick ratio of 0.30, a current ratio of 0.97 and a debt-to-equity ratio of 1.52. Smart & Final Stores Inc has a fifty-two week low of $4.45 and a fifty-two week high of $10.00.

In other Smart & Final Stores news, SVP Michael A. Mortensen sold 21,976 shares of the stock in a transaction that occurred on Monday, October 1st. The stock was sold at an average price of $5.62, for a total transaction of $123,505.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 9.63% of the stock is currently owned by company insiders.

Institutional investors have recently bought and sold shares of the business. Jane Street Group LLC purchased a new position in shares of Smart & Final Stores during the 1st quarter worth approximately $111,000. Globeflex Capital L P purchased a new position in shares of Smart & Final Stores during the 2nd quarter worth approximately $119,000. Los Angeles Capital Management & Equity Research Inc. purchased a new position in shares of Smart & Final Stores during the 2nd quarter worth approximately $168,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Smart & Final Stores during the 2nd quarter worth approximately $257,000. Finally, Engineers Gate Manager LP raised its stake in shares of Smart & Final Stores by 33.0% during the 2nd quarter. Engineers Gate Manager LP now owns 54,115 shares of the company’s stock worth $300,000 after buying an additional 13,424 shares in the last quarter. 93.36% of the stock is owned by institutional investors.

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.

Further Reading: Price to Earnings Ratio (PE) Basics

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