Seven and I (OTCMKTS:SVNDY) Shares Gap Up – Should You Buy?

Seven and I Holdings Co. (OTCMKTS:SVNDY)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $12.84, but opened at $13.50. Seven and I shares last traded at $12.88, with a volume of 881 shares trading hands.

Analysts Set New Price Targets

SVNDY has been the subject of a number of analyst reports. Sanford C. Bernstein raised shares of Seven and I to a “hold” rating in a research note on Tuesday, May 26th. Zacks Research raised shares of Seven and I to a “hold” rating in a research report on Tuesday, June 16th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Seven and I presently has a consensus rating of “Hold”.

Seven and I Stock Performance

The company has a debt-to-equity ratio of 0.90, a current ratio of 0.94 and a quick ratio of 0.81. The stock has a fifty day simple moving average of $12.47 and a two-hundred day simple moving average of $12.91. The firm has a market capitalization of $29.93 billion, a P/E ratio of 15.54 and a beta of 0.29.

Seven and I (OTCMKTS:SVNDY) last posted its quarterly earnings results on Thursday, July 9th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.11. The firm had revenue of $14.65 billion for the quarter, compared to analysts’ expectations of $14.97 billion. Seven and I had a return on equity of 7.87% and a net margin of 3.03%. On average, research analysts predict that Seven and I Holdings Co. will post 0.77 EPS 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.