Short Interest in Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) Rises By 85.7%

Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY - Get Free Report) was the target of a large growth in short interest in May. As of May 15th, there was short interest totalling 1,300 shares, a growth of 85.7% from the April 30th total of 700 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 5,900 shares, the days-to-cover ratio is presently 0.2 days.

Jerónimo Martins, SGPS Price Performance

Jerónimo Martins, SGPS stock traded down $0.45 during midday trading on Wednesday, hitting $49.66. 1,900 shares of the company's stock were exchanged, compared to its average volume of 13,099. The company has a market cap of $15.63 billion, a P/E ratio of 22.37, a PEG ratio of 15.69 and a beta of 0.83. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.30 and a current ratio of 0.56. The stock has a 50-day moving average price of $47.77 and a two-hundred day moving average price of $42.74. Jerónimo Martins, SGPS has a 52-week low of $32.68 and a 52-week high of $51.32.

Jerónimo Martins, SGPS (OTCMKTS:JRONY - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.37 by $0.05. The company had revenue of $8.81 billion during the quarter, compared to analyst estimates of $9.19 billion. Jerónimo Martins, SGPS had a return on equity of 21.07% and a net margin of 1.94%. On average, equities research analysts forecast that Jerónimo Martins, SGPS will post 2.13 earnings per share for the current year.

Jerónimo Martins, SGPS Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, May 30th. Shareholders of record on Tuesday, May 20th were paid a $0.8932 dividend. The ex-dividend date was Monday, May 19th. This represents a yield of 1.83%. Jerónimo Martins, SGPS's dividend payout ratio is presently 36.28%.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas upgraded shares of Jerónimo Martins, SGPS from a "strong sell" rating to a "hold" rating in a research report on Friday, May 9th.

Jerónimo Martins, SGPS Company Profile

Jerónimo Martins, SGPS, SA operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates food stores under the Biedronka name; and a chain of health and beauty stores under the Hebe banner in Poland, as well as food stores under the Ara name in Colombia.