Shares of Jeronimo Martins SGPS SA (OTCMKTS:JRONY - Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $50.56 and traded as high as $51.73. Jeronimo Martins SGPS shares last traded at $51.73, with a volume of 3,062 shares trading hands.
Wall Street Analyst Weigh In
JRONY has been the subject of a number of recent analyst reports. Citigroup upgraded shares of Jeronimo Martins SGPS from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 1st. BNP Paribas upgraded Jeronimo Martins SGPS from a "strong sell" rating to a "hold" rating in a research note on Friday, May 9th.
Get Our Latest Stock Report on JRONY
Jeronimo Martins SGPS Stock Performance
The company has a market capitalization of $16.09 billion, a P/E ratio of 23.78, a price-to-earnings-growth ratio of 1.37 and a beta of 0.83. The company's 50 day moving average is $50.56 and its 200-day moving average is $45.82. The company has a current ratio of 0.60, a quick ratio of 0.33 and a debt-to-equity ratio of 0.15.
Jeronimo Martins SGPS (OTCMKTS:JRONY - Get Free Report) last released its earnings results on Wednesday, May 7th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.05. The firm had revenue of $8.81 billion during the quarter, compared to analyst estimates of $9.19 billion. Jeronimo Martins SGPS had a net margin of 1.87% and a return on equity of 20.07%. Equities analysts anticipate that Jeronimo Martins SGPS SA will post 2.13 EPS for the current fiscal year.
Jeronimo Martins SGPS Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, May 30th. Stockholders of record on Tuesday, May 20th were paid a $0.8932 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a dividend yield of 1.83%. Jeronimo Martins SGPS's dividend payout ratio is presently 36.74%.
About Jeronimo Martins SGPS
(
Get Free Report)
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.
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