Wall Street analysts forecast that Smart & Final Stores Inc (NYSE:SFS) will report $1.16 billion in sales for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Smart & Final Stores’ earnings. The highest sales estimate is $1.16 billion and the lowest is $1.15 billion. Smart & Final Stores posted sales of $1.13 billion in the same quarter last year, which would indicate a positive year-over-year growth rate of 2.7%. The firm is expected to issue its next earnings results on Wednesday, July 24th.

According to Zacks, analysts expect that Smart & Final Stores will report full year sales of $4.90 billion for the current year, with estimates ranging from $4.88 billion to $4.93 billion. For the next financial year, analysts forecast that the business will report sales of $5.13 billion, with estimates ranging from $5.08 billion to $5.18 billion. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that follow Smart & Final Stores.

Smart & Final Stores (NYSE:SFS) last released its quarterly earnings results on Wednesday, May 1st. The company reported ($0.04) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.01. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.05 billion. Smart & Final Stores had a negative net margin of 2.34% and a positive return on equity of 6.59%.

Several analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Smart & Final Stores from a “hold” rating to a “buy” rating and set a $7.50 target price for the company in a report on Saturday, February 16th. TheStreet upgraded shares of Smart & Final Stores from a “d+” rating to a “c-” rating in a report on Tuesday, May 14th. Morgan Stanley upgraded shares of Smart & Final Stores from an “underweight” rating to an “equal weight” rating and set a $6.47 target price for the company in a report on Wednesday, April 17th. ValuEngine upgraded shares of Smart & Final Stores from a “sell” rating to a “hold” rating in a report on Thursday, February 28th. Finally, Wells Fargo & Co downgraded shares of Smart & Final Stores from an “outperform” rating to a “market perform” rating and set a $6.48 target price for the company. in a report on Wednesday, April 17th. Seven equities research analysts have rated the stock with a hold rating, The stock has an average rating of “Hold” and an average target price of $6.18.

Shares of SFS stock traded up $0.01 during trading on Friday, hitting $6.48. 305,726 shares of the stock traded hands, compared to its average volume of 600,808. The firm has a market cap of $496.04 million, a PE ratio of 21.60, a PEG ratio of 6.75 and a beta of 1.71. The company has a debt-to-equity ratio of 5.14, a quick ratio of 0.27 and a current ratio of 0.91. Smart & Final Stores has a 52-week low of $4.61 and a 52-week high of $7.40.

Several large investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its stake in shares of Smart & Final Stores by 9.1% in the first quarter. Dimensional Fund Advisors LP now owns 3,672,154 shares of the company’s stock worth $18,141,000 after acquiring an additional 304,790 shares in the last quarter. Cove Street Capital LLC grew its stake in shares of Smart & Final Stores by 3.6% in the first quarter. Cove Street Capital LLC now owns 3,055,467 shares of the company’s stock worth $15,094,000 after acquiring an additional 104,800 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Smart & Final Stores by 2.5% in the third quarter. Vanguard Group Inc. now owns 2,608,904 shares of the company’s stock worth $14,871,000 after acquiring an additional 63,437 shares in the last quarter. Royce & Associates LP grew its stake in shares of Smart & Final Stores by 16.0% during the fourth quarter. Royce & Associates LP now owns 1,156,913 shares of the company’s stock worth $5,484,000 after purchasing an additional 159,200 shares in the last quarter. Finally, Foundry Partners LLC acquired a new position in shares of Smart & Final Stores during the first quarter worth $3,434,000. Institutional investors and hedge funds own 92.17% of the company’s stock.

Smart & Final Stores Company Profile

Smart & Final Stores, Inc operates as a food retailer in the United States. It operates in two segments, Smart & Final and Smart Foodservice. The company's stores offer fresh perishables and everyday grocery items, such as produce, meat and deli, dairy and cheese, grocery, and beverage products, as well as paper and packaging, and restaurant equipment and janitorial supplies.

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