Jeronimo Martins SGPS SA (JRONY) – What Are Investment Firms Thinking About This Stock?

Jeronimo Martins SGPS SA (OTCMKTS:JRONY) has earned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, four have assigned a buy rating and one has issued a strong buy rating on the company.

Several equities research analysts have issued reports on the stock. Jefferies Financial Group raised shares of Jeronimo Martins SGPS from a “hold” rating to a “buy” rating in a research note on Monday, September 21st. Citigroup reaffirmed a “buy” rating on shares of Jeronimo Martins SGPS in a report on Monday, August 10th. Finally, Zacks Research cut shares of Jeronimo Martins SGPS from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 7th.

Jeronimo Martins SGPS Stock Performance

OTCMKTS JRONY opened at $43.75 on Tuesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.64 and a quick ratio of 0.35. The stock’s 50 day simple moving average is $40.82 and its 200-day simple moving average is $43.56. The company has a market cap of $13.77 billion, a PE ratio of 20.73, a price-to-earnings-growth ratio of 2.51 and a beta of 0.71. Jeronimo Martins SGPS has a 1-year low of $36.67 and a 1-year high of $52.97.

Jeronimo Martins SGPS (OTCMKTS:JRONY) last issued its quarterly earnings results on Wednesday, October 28th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.73 by $0.05. Jeronimo Martins SGPS had a return on equity of 19.74% and a net margin of 1.55%. The firm had revenue of $10.61 billion during the quarter, compared to analysts’ expectations of $10.66 billion. As a group, equities research analysts anticipate that Jeronimo Martins SGPS will post 2.42 EPS for the current fiscal year.

Jeronimo Martins SGPS Company Profile

Jeronimo Martins SGPS is a Portuguese international food retail group with roots dating to 1792, when Jerónimo Martins opened a grocery shop in Lisbon. Today, the company operates primarily in Portugal, Poland and Colombia.

Its retail businesses include Biedronka, a grocery discount chain in Poland; Pingo Doce supermarkets and Recheio cash-and-carry stores in Portugal; and Ara discount grocery stores in Colombia. The group also operates Hebe, a health and beauty retailer in Poland, and has activities in food production and distribution.

Pedro Soares dos Santos serves as the group’s chairman and chief executive officer.