Seven and I (OTCMKTS:SVNDY) Shares Gap Down - What's Next?

Key Points

• Seven and I Holdings Co. shares gapped down prior to trading, opening at $12.71 from a previous close of $13.32, with the last trade at $13.10.
• Goldman Sachs upgraded Seven and I to a "hold" rating, while the stock currently holds an average rating of "Hold" from analysts.
• The company reported better-than-expected earnings with $0.13 EPS for the last quarter, surpassing the consensus estimate of $0.11.

Seven and I Holdings Co. (OTCMKTS:SVNDY - Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $13.32, but opened at $12.71. Seven and I shares last traded at $13.10, with a volume of 9,477 shares trading hands.

Wall Street Analyst Weigh In

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

Seven and I Trading Down 1.6%

The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $34.15 billion, a P/E ratio of 25.71 and a beta of 0.47. The business has a 50 day moving average price of $13.41 and a 200 day moving average price of $14.32.

Seven and I (OTCMKTS:SVNDY - Get Free Report) last issued its quarterly earnings data on Thursday, July 10th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.02. Seven and I had a return on equity of 6.49% and a net margin of 1.65%.The business had revenue of $18.96 billion during the quarter, compared to analyst estimates of $18.81 billion. Analysts anticipate that Seven and I Holdings Co. will post 0.77 EPS for the current year.

About Seven and I

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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