Stein Mart (SMRT) Upgraded by ValuEngine to “Buy”
ValuEngine upgraded shares of Stein Mart (NASDAQ:SMRT) from a hold rating to a buy rating in a research note released on Monday morning.
Shares of Stein Mart (SMRT) opened at $0.65 on Monday. The company has a current ratio of 1.36, a quick ratio of 0.17 and a debt-to-equity ratio of 3.13. Stein Mart has a fifty-two week low of $0.56 and a fifty-two week high of $3.92. The stock has a market cap of $32.61 and a PE ratio of -1.05.
Stein Mart (NASDAQ:SMRT) last released its quarterly earnings results on Wednesday, November 15th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.21) by ($0.10). Stein Mart had a negative net margin of 2.18% and a negative return on equity of 44.60%. The firm had revenue of $285.40 million for the quarter.
ILLEGAL ACTIVITY NOTICE: “Stein Mart (SMRT) Upgraded by ValuEngine to “Buy”” was first published by Watch List News and is owned by of Watch List News. If you are reading this report on another website, it was illegally copied and reposted in violation of United States and international trademark & copyright laws. The legal version of this report can be read at https://www.watchlistnews.com/stein-mart-smrt-upgraded-by-valuengine-to-buy/1840127.html.
About Stein Mart
Stein Mart, Inc is a national retailer offering the fashion merchandise, service and presentation of a department or specialty store. The Company offers apparel for women and men, as well as accessories, shoes and home fashions. The Company’s target customers are women over 45 years old. The Company operates approximately 280 stores in over 30 states and an Internet store.
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Stein Mart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stein Mart and related companies with MarketBeat.com's FREE daily email newsletter.