Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Smart (NYSE:SFS) Stock Price

Headlines about Smart (NYSE:SFS) have been trending somewhat positive on Saturday, Accern Sentiment reports. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Smart earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.2633852038438 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the media stories that may have effected Accern’s rankings:

Smart (NYSE SFS) traded down 0.71% during midday trading on Friday, reaching $7.00. 291,278 shares of the company were exchanged. The firm’s 50-day moving average price is $7.31 and its 200 day moving average price is $9.53. Smart has a 52-week low of $6.45 and a 52-week high of $15.45. The stock has a market capitalization of $518.14 million, a price-to-earnings ratio of 58.33 and a beta of 0.36.

Smart (NYSE:SFS) last released its earnings results on Tuesday, July 25th. The company reported $0.12 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.04). The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.08 billion. Smart had a net margin of 0.21% and a return on equity of 4.14%. The company’s revenue was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.20 EPS. Equities analysts predict that Smart will post $0.49 earnings per share for the current year.

A number of brokerages have issued reports on SFS. Zacks Investment Research upgraded shares of Smart from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. BidaskClub raised shares of Smart from a “sell” rating to a “hold” rating in a research report on Wednesday, August 2nd. Deutsche Bank AG reissued a “buy” rating and issued a $12.00 price objective (down previously from $14.00) on shares of Smart in a research report on Wednesday, July 26th. Royal Bank Of Canada reissued an “outperform” rating and issued a $19.00 price objective on shares of Smart in a research report on Friday, July 21st. Finally, TheStreet lowered shares of Smart from a “c-” rating to a “d+” rating in a research report on Tuesday, July 18th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. Smart currently has an average rating of “Hold” and an average price target of $12.91.

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In other Smart news, Director Joseph S. Tesoriero bought 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 12th. The shares were acquired at an average cost of $6.95 per share, with a total value of $34,750.00. Following the acquisition, the director now owns 20,140 shares of the company’s stock, valued at $139,973. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Michael A. Mortensen sold 19,304 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $7.59, for a total value of $146,517.36. The disclosure for this sale can be found here. Corporate insiders own 8.47% of the company’s stock.

About Smart

Smart & Final Stores, Inc is a food retailer. The Company is engaged in the business of selling fresh perishables and everyday grocery items, together with foodservice, packaging and janitorial products. The Company operates through two segments: Smart & Final, and Cash and Carry. The Smart & Final segment focuses on both household and business customers.

Insider Buying and Selling by Quarter for Smart (NYSE:SFS)

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