SuperValu Inc. (NYSE:SVU) will be issuing its Q217 quarterly earnings data on Wednesday, October 19th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $3.95 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.
SuperValu (NYSE:SVU) last posted its quarterly earnings results on Wednesday, July 27th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by $0.03. SuperValu had a negative return on equity of 43.67% and a net margin of 0.94%. The business had revenue of $5.20 billion for the quarter, compared to the consensus estimate of $5.30 billion. During the same quarter in the previous year, the business posted $0.23 EPS. The company’s revenue for the quarter was down 3.9% on a year-over-year basis. On average, analysts expect SuperValu to post $0.63 EPS for the current fiscal year and $0.63 EPS for the next fiscal year.
SuperValu Inc. (NYSE:SVU) opened at 5.30 on Tuesday. The company’s 50-day moving average price is $4.97 and its 200-day moving average price is $4.98. SuperValu Inc. has a 12-month low of $3.94 and a 12-month high of $7.28. The company has a market cap of $1.40 billion, a PE ratio of 8.89 and a beta of 1.92.
Large investors have recently modified their holdings of the company. Profund Advisors LLC increased its stake in shares of SuperValu by 10.3% in the second quarter. Profund Advisors LLC now owns 44,719 shares of the company’s stock worth $211,000 after buying an additional 4,187 shares during the last quarter. Algert Global LLC increased its stake in shares of SuperValu by 1.2% in the second quarter. Algert Global LLC now owns 70,181 shares of the company’s stock worth $331,000 after buying an additional 819 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its stake in shares of SuperValu by 6.9% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 21,481 shares of the company’s stock worth $101,000 after buying an additional 1,387 shares during the last quarter. Stevens Capital Management LP purchased a new stake in shares of SuperValu during the second quarter worth about $983,000. Finally, TFS Capital LLC increased its stake in shares of SuperValu by 40.7% in the second quarter. TFS Capital LLC now owns 369,299 shares of the company’s stock worth $1,743,000 after buying an additional 106,886 shares during the last quarter. 82.17% of the stock is owned by institutional investors and hedge funds.
Several equities analysts have recently weighed in on SVU shares. RBC Capital Markets reiterated a “sector perform” rating and set a $6.00 price objective (down previously from $7.00) on shares of SuperValu in a report on Friday, September 9th. Goldman Sachs Group Inc. reiterated a “neutral” rating and set a $5.00 price objective on shares of SuperValu in a report on Tuesday, July 26th. Zacks Investment Research lowered shares of SuperValu from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 28th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $7.00 price objective on shares of SuperValu in a report on Thursday, July 28th. Finally, Deutsche Bank AG set a $5.00 price objective on shares of SuperValu and gave the company a “hold” rating in a report on Monday, September 12th. Eight investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. SuperValu has an average rating of “Hold” and a consensus price target of $5.97.
SuperValu Company Profile
SUPERVALU INC. is a wholesale distributor to independent retail customers across the United States. The Company operates through three segments: Wholesale, Save-A-Lot and Retail. The Wholesale segment spans approximately 40 states and serves as a primary grocery supplier to approximately 1,800 stores of independent retail customers, in addition to its own Retail stores, as well as serving as a secondary grocery supplier to approximately 230 stores of independent retail customers.
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