Other equities research analysts also recently issued research reports about the company. Pivotal Research reissued a buy rating and issued a $24.00 price objective on shares of SuperValu in a report on Monday, April 23rd. ValuEngine downgraded SuperValu from a hold rating to a sell rating in a report on Wednesday, April 18th. Zacks Investment Research downgraded SuperValu from a buy rating to a hold rating in a report on Friday, April 27th. Morgan Stanley cut their price objective on SuperValu from $17.00 to $15.50 and set an equal weight rating for the company in a report on Thursday, April 26th. Finally, Credit Suisse Group began coverage on SuperValu in a report on Tuesday, April 17th. They issued an underperform rating and a $15.00 price objective for the company. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. SuperValu currently has a consensus rating of Hold and an average target price of $20.39.
SuperValu opened at $17.14 on Tuesday, according to MarketBeat. The company has a market capitalization of $647.90 million, a PE ratio of 8.32 and a beta of 1.24. The company has a debt-to-equity ratio of 3.69, a current ratio of 1.20 and a quick ratio of 0.57. SuperValu has a 12 month low of $13.60 and a 12 month high of $29.12.
SuperValu (NYSE:SVU) last released its quarterly earnings data on Tuesday, April 24th. The company reported $0.61 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.18). The company had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.93 billion. SuperValu had a net margin of 0.29% and a return on equity of 20.95%. The company’s quarterly revenue was up 42.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.64 EPS. sell-side analysts forecast that SuperValu will post 1.86 earnings per share for the current year.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Globeflex Capital L P bought a new stake in SuperValu in the 4th quarter valued at $126,000. D.A. Davidson & CO. bought a new stake in SuperValu in the 4th quarter valued at $207,000. Metropolitan Life Insurance Co. NY bought a new stake in SuperValu in the 4th quarter valued at $274,000. Teacher Retirement System of Texas bought a new stake in SuperValu in the 4th quarter valued at $277,000. Finally, Aperio Group LLC raised its stake in SuperValu by 24.9% in the 1st quarter. Aperio Group LLC now owns 15,842 shares of the company’s stock valued at $241,000 after acquiring an additional 3,159 shares during the period. Institutional investors and hedge funds own 90.54% of the company’s stock.
SuperValu Company Profile
SUPERVALU INC., together with its subsidiaries, operates as a grocery wholesaler and retailer in the United States. The company operates through two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of various food and non-food products to independent retail customers, such as single and multiple grocery store operators, regional chains, and the military.
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