Seven and I (OTCMKTS:SVNDY) Shares Down 8% – What’s Next?

Seven and I Holdings Co. (OTCMKTS:SVNDY)’s share price fell 8% on Monday . The stock traded as low as $12.32 and last traded at $12.42. Approximately 41,643 shares changed hands during trading, a decline of 84% from the average daily volume of 253,133 shares. The stock had previously closed at $13.50.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Sanford C. Bernstein upgraded Seven and I to a “hold” rating in a research report on Tuesday, May 26th. Zacks Research raised Seven and I to a “hold” rating in a research note on Tuesday, June 16th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Seven and I Price Performance

The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.67 and a current ratio of 0.79. The stock has a market cap of $29.28 billion, a PE ratio of 14.82 and a beta of 0.30. The stock’s 50-day moving average is $12.00 and its two-hundred day moving average is $13.10.

Seven and I (OTCMKTS:SVNDY) last announced its earnings results on Thursday, July 9th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.11. Seven and I had a return on equity of 7.81% and a net margin of 3.03%.The company had revenue of $14.65 billion for the quarter, compared to analyst estimates of $14.97 billion. On average, equities analysts predict that Seven and I Holdings Co. will post 0.77 earnings per share for the current year.

Seven and I Company Profile

Seven & I Holdings Co, Ltd. is a Tokyo-based diversified retail holding company best known for its convenience store operations under the 7-Eleven banner. Established as a holding company in 2005 through the reorganization of legacy retail businesses, Seven & I groups a portfolio of retail and service businesses including convenience stores, supermarkets, department stores, foodservice operations, and financial services.

The company’s core activity is the development and franchising of convenience stores that offer a mix of prepared foods, grocery items, daily necessities and quick-service retail products.