Seven and I (OTCMKTS:SVNDY) Hits New 52-Week Low - Here's What Happened

Key Points

• Seven and I Holdings Co. reached a new 52-week low, trading at $12.38, with a volume of 34,015 shares, down from a previous close of $12.66.
• The company reported a profit of $0.22 earnings per share for the quarter, surpassing estimates, but its revenues were below expectations at $18.62 billion.
• Goldman Sachs upgraded Seven and I to a "hold" rating, reflecting a cautious outlook as the stock maintains an average rating of "hold" among analysts.

Seven and I Holdings Co. (OTCMKTS:SVNDY - Get Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as $12.38 and last traded at $12.38, with a volume of 34015 shares trading hands. The stock had previously closed at $12.66.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised Seven and I to a "hold" rating in a research note on Tuesday, September 9th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, Seven and I presently has an average rating of "Hold".

Seven and I Trading Down 1.6%

The company has a debt-to-equity ratio of 0.73, a current ratio of 0.81 and a quick ratio of 0.73. The business has a 50-day moving average of $13.37 and a 200-day moving average of $14.25. The firm has a market cap of $32.45 billion, a price-to-earnings ratio of 24.43 and a beta of 0.47.

Seven and I (OTCMKTS:SVNDY - Get Free Report) last released its earnings results on Thursday, October 9th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.15 by $0.07. The business had revenue of $18.62 billion for the quarter, compared to the consensus estimate of $20.13 billion. Seven and I had a return on equity of 6.49% and a net margin of 1.65%. Research analysts anticipate that Seven and I Holdings Co. will post 0.77 EPS for the current year.

Seven and I Company Profile

Seven & i Holdings Co, Ltd. operates convenience stores, superstores, department stores, supermarkets, and specialty stores. It operates through six segments: Domestic Convenience Store operations, Overseas Convenience Store Operations, Superstore Operations, Department and Specialty Store Operations, Financial Services, and Others.

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