EPS for SpartanNash Company (SPTN) Expected At $0.57

August 10, 2018 - By Margaret Guttierez

SpartanNash Company (NASDAQ:SPTN) LogoInvestors sentiment decreased to 0.92 in Q1 2018. Its down 0.24, from 1.16 in 2017Q4. It worsened, as 20 investors sold SpartanNash Company shares while 46 reduced holdings. 22 funds opened positions while 39 raised stakes. 29.41 million shares or 3.61% less from 30.51 million shares in 2017Q4 were reported.
Pinebridge Investments Limited Partnership holds 0.03% or 73,084 shares in its portfolio. Hotchkis Wiley Cap Management Ltd Llc invested 0% of its portfolio in SpartanNash Company (NASDAQ:SPTN). State Street Corp stated it has 1.12 million shares or 0% of all its holdings. Guggenheim Cap Lc owns 143,163 shares. Moreover, Morgan Stanley has 0% invested in SpartanNash Company (NASDAQ:SPTN). Moreover, First Manhattan has 0% invested in SpartanNash Company (NASDAQ:SPTN) for 120 shares. Vanguard Grp Incorporated Inc has 0% invested in SpartanNash Company (NASDAQ:SPTN) for 2.12M shares. Dreman Value Mngmt L L C accumulated 12,734 shares. The New York-based Millennium Mgmt Lc has invested 0% in SpartanNash Company (NASDAQ:SPTN). Wedge Cap Management L Limited Partnership Nc reported 394,962 shares. Stone Ridge Asset Ltd Liability stated it has 28,035 shares or 0.03% of all its holdings. Cubist Systematic Strategies Limited Company has invested 0.02% of its portfolio in SpartanNash Company (NASDAQ:SPTN). Private Cap Mgmt invested 3.77% in SpartanNash Company (NASDAQ:SPTN). Great West Life Assurance Communications Can invested in 0% or 47,463 shares. 2,300 are held by Captrust.

Since March 1, 2018, it had 1 buy, and 5 sales for $1.65 million activity. EIDSON DENNIS had sold 44,405 shares worth $1.17 million on Monday, June 4. 10,000 shares were sold by Mahoney Kathleen M, worth $265,000 on Friday, June 1. VOSS WILLIAM R also sold $178,172 worth of SpartanNash Company (NASDAQ:SPTN) on Wednesday, June 6. Shares for $100,320 were bought by Shamber Mark on Thursday, March 1.

Analysts expect SpartanNash Company (NASDAQ:SPTN) to report $0.57 EPS on August, 15 after the close.They anticipate $0.03 EPS change or 5.00 % from last quarter’s $0.6 EPS. SPTN’s profit would be $20.48M giving it 10.34 P/E if the $0.57 EPS is correct. After having $0.55 EPS previously, SpartanNash Company’s analysts see 3.64 % EPS growth. The stock decreased 1.71% or $0.41 during the last trading session, reaching $23.58. About 93,974 shares traded. SpartanNash Company (NASDAQ:SPTN) has declined 37.56% since August 10, 2017 and is downtrending. It has underperformed by 50.13% the S&P500.

SpartanNash Company (NASDAQ:SPTN) Ratings Coverage

Among 4 analysts covering SpartanNash (NASDAQ:SPTN), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. SpartanNash has $25.0 highest and $17.0 lowest target. $21.50’s average target is -8.82% below currents $23.58 stock price. SpartanNash had 6 analyst reports since February 22, 2018 according to SRatingsIntel. On Thursday, May 31 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The stock has “Outperform” rating by BMO Capital Markets on Friday, March 2. The stock of SpartanNash Company (NASDAQ:SPTN) earned “Hold” rating by BMO Capital Markets on Thursday, February 22. On Monday, February 26 the stock rating was maintained by Jefferies with “Hold”. The stock of SpartanNash Company (NASDAQ:SPTN) has “Hold” rating given on Thursday, February 22 by Deutsche Bank. The rating was maintained by BMO Capital Markets on Thursday, May 31 with “Outperform”.

SpartanNash Company distributes and retails grocery products. The company has market cap of $847.04 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.

SpartanNash Company (NASDAQ:SPTN) Ratings Chart

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