Albertsons held preliminary merger talks with Sprouts

20 March, 2017, 20:35 | Author: Leticia Walters

(NASDAQ:SFM), at its latest closing price of $22.02, it has a price-to-book ratio of 3.74, compared to an industry average at 2.26. This Company belongs to Retail-Wholesale sector. The company had Year Ago Sales of 993.24 Million. The Stock Market opened sessions at 20.81 and closed at 22.02.

According to Yahoo Finance, the price target for the company which analysts are aiming is 30. MA ended last trade at $12.84 a share and the price is up more than -14.28% so far this year.

Investors expected a price target of 0.26 for this quarter.

Sprouts Farmers Market Inc (NASDAQ:SFM)'s stock had its "sell" rating reiterated by research analysts at Barclays PLC in a note issued to investors on Monday. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.19 on scale of 1-5. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have issued a buy rating to the company's stock. Company's distance from 20 day simple moving average is -0.25% and distance from 50-Day simple moving average is 0.91%. While the actual EPS the company reported in the same quarter previous year was 0.3/share. These analysts have also projected a Low Estimate of $0.24/share and a High Estimate of $0.32/share. Hence, the surprise factor was -5.9 percent.

Current levels places Sprouts Farmers Market, Inc. Last year, buyout firm Apollo, which previously owned Sprouts, purchased The Fresh Market, a specialty grocer with stores in the Midwest, Southeast and Mid-Atlantic, for about $1.4 billion.

These analysts also forecasted Growth Estimates for the Current Quarter for SFM to be 0%. The company reported revenue of $986 million in its fourth quarter of 2016, which was up 6% from the same time past year.

While Looking at Sales Growth (Year/est), the company is now showing a percentage value of 6 percent. While the stock price moved along with the volume change, shares are touching $21.88. The company reached a 52-week low at 17.38 on Mar 7, 2017. He pointed out the unconfirmed Bloomberg report that indicated the company has engaged itself with another supermarket chain, Albertsons Co for being acquired. The Stock now has a Weekly Volatility of 7.08% and Monthly Volatility of 3.88%. Price per earning (ttm) stands at 26.69.

Pitney Bowes Inc. (PBI) have shown a high EPS growth of -25.20% in the last 5 years and has earnings decline of -74.80% yoy. The company projects a long term annual growth estimate of 10.21 percent. The Insider Ownership of the company now is 0.5 percent, and Institutional Ownership is 95.9 percent.

Recommended:

  • Bookies slash odds of snap General Election being called in early May

    Bookies slash odds of snap General Election being called in early May

    Some MPs believe Mrs May could announce an early election next week when she triggers Article 50, beginning the Brexit process. There are rumours that the United Kingdom could go to the polls sooner, sparking a flurry at betting shops.

    Liverpool draw 'one of my happiest days' - Guardiola

    Under pressure, the people criticise him, so I am delighted to have John, with all the huge amount of mistakes he has". Like all matches, we create more chances but this is our problem, our problem is we don't score goals. "I love him.
    The Internet Has Decided That Ed Sheeran Looks Like a Two-Year-Old Girl

    The Internet Has Decided That Ed Sheeran Looks Like a Two-Year-Old Girl

    Sun Online quoted her aunt Stacey as saying, "Everyone comments saying how she's a mini Ed, and I call her baby Sheeran. The Ed Sheeran baby daily gets compliment not because she looks handsome , but due to her Ed Sheeran like resemblance.
  • Blue Buffalo recall: Dog food may contain high hormone levels, cause illness

    Blue Buffalo recall: Dog food may contain high hormone levels, cause illness

    Exposure can cause dogs to suffer increased thirst and urination, weight loss, increased heart rate, and restlessness. If your dog has eaten the recalled dog food and exhibited any symptoms, stop feeding it to them and contact your vet.

    No Evidence That Supports Trump's Claim Obama Wiretapped Him — FBI Director

    Adam Schiff (D-California) claimed, contrary to Clapper, that there is evidence of collusion. "There is nothing at the bottom". For Comey , Monday's hearing represents another unusually high-profile role for the Federal Bureau of Investigation director.

    Adam Lallana's miss versus Manchester City cost one punter a remarkable sum

    Fernandinho, who played at right back for City, spent 50 percent of his time in Liverpool's half in the opening 15 minutes. The FC crew reflect on Man City's frantic 1-1 draw with Liverpool and analyse Pep Guardiola's post-match comments.
  • Amid numerous controversies at Uber, disillusioned President Jeff Jones steps down

    Amid numerous controversies at Uber, disillusioned President Jeff Jones steps down

    Jones was hired last August and was in charge of the company's customer support, branding and operations. Uber hired Jones past year from US retail giant Target Corp., where he was chief marketing officer.

    Article 50 to be triggered on March 29

    Meanwhile, Downing Street denied reports suggesting that ministers were considering a snap election after triggering Article 50. There's also a chance Britain could walk away early without a deal if it thinks the talks are going nowhere.
    United boss: 'I want to stay for many years'

    United boss: 'I want to stay for many years'

    It's a pleasure to be in charge of a team and see them respond like they did. He simply replied: "In this case I know the names". It was very important to keep us alive.
  • Drake brings the heat on 'More Life'

    Drake brings the heat on 'More Life'

    United Kingdom rapper Giggs, PARTYNEXTDOOR, Sampha and the long awaited Kanye feature were my personal favorites. They reminded us we are on this Earth for only a heartbeat; there is only loving and being loved.
    Egypt's president to visit Washington in April

    Egypt's president to visit Washington in April

    The bilateral relations between Egypt and the USA have warmed since Trump took office in January. The upcoming visit will be the first for Al-Sisi to the USA since he took office in 2014.

    Stocks having Bumpy Ride for the Day: Whiting Petroleum Corporation (NYSE:WLL)

    Out of the pool of analysts 14 gave their BUY ratings on the stock in previous month as 14 analysts having BUY in current month. If we look at stock performance in last active day trading, we see that stock has moved shed -2.11% to end the day at $9.28.


Popular

USA opposes United Nations vote on human rights in West Bank
The Obama White House repeatedly denied having any involvement in the drafting of or planning for the resolution. In 2006, 60 percent of the country-specific resolutions passed by the HRC were against Israel.

Zakir Naik PMLA case: ED attaches ₹18.37 cr assets of IRF, others
Naik who is now in Saudi Arabia is the founding trustee of the Islamic Research Foundation which was banned by the Home Ministry recently.

Bill Gates again world's richest man; Trump slips
The highest ranking woman on the list was L'Oreal cosmetics shareholder Liliane Bettencourt, who was 14th with $39.5 billion. Trump slipped 220 spots on the list to 544 with an estimated $3.5 billion, a decline of $1 billion from a year ago .

Eric and Lara Trump Expecting Their First Baby
The two already know their baby's due date AND that they're having a boy - find out Donald's reaction to the news here! Lara added, "We sort of screwed ourselves over there".

Intel Announces First Optane SSDs for Data Centers
That's a far cry from Intel's previous claims of a thousand-fold increase in performance, but the results are still impressive. Intel has stated earlier that these drives will be eight times faster than the ordinary SSDs that are available in the market.