Jeronimo Martins SGPS SA (OTCMKTS:JRONY - Get Free Report)'s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $48.88 and traded as low as $48.67. Jeronimo Martins SGPS shares last traded at $48.80, with a volume of 2,915 shares traded.
Wall Street Analysts Forecast Growth
Separately, BNP Paribas raised Jeronimo Martins SGPS from a "strong sell" rating to a "hold" rating in a research report on Friday, May 9th.
Read Our Latest Analysis on Jeronimo Martins SGPS
Jeronimo Martins SGPS Trading Down 0.1%
The firm has a fifty day moving average of $48.88 and a 200-day moving average of $43.53. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.36 and a current ratio of 0.61. The stock has a market capitalization of $15.33 billion, a price-to-earnings ratio of 22.67, a P/E/G ratio of 1.38 and a beta of 0.84.
Jeronimo Martins SGPS (OTCMKTS:JRONY - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The company reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.37 by $0.05. Jeronimo Martins SGPS had a net margin of 1.87% and a return on equity of 20.41%. The business had revenue of $8.81 billion during the quarter, compared to analyst estimates of $9.19 billion. As a group, equities analysts predict that Jeronimo Martins SGPS SA will post 2.13 earnings per share for the current fiscal year.
Jeronimo Martins SGPS Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Friday, May 30th. Shareholders of record on Tuesday, May 20th were paid a dividend of $0.8932 per share. The ex-dividend date of this dividend was Monday, May 19th. This represents a yield of 1.83%. Jeronimo Martins SGPS's dividend payout ratio (DPR) 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.
See Also
Before you consider Jeronimo Martins SGPS, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jeronimo Martins SGPS wasn't on the list.
While Jeronimo Martins SGPS currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
