Seven and I (OTCMKTS:SVNDY) Shares Gap Up - Still a Buy?

Key Points

• Shares of Seven and I Holdings Co. gapped up ahead of trading, opening at $13.94 after a previous close of $13.37.
• Analysts upgraded the company's stock rating to "hold", while Seven and I has an average rating of "hold."
• The company reported a revenue of $18.96 billion for the last quarter, exceeding analysts' expectations of $18.81 billion.

Shares of Seven and I Holdings Co. (OTCMKTS:SVNDY - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $13.37, but opened at $13.94. Seven and I shares last traded at $13.54, with a volume of 11,677 shares changing hands.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded Seven and I to a "hold" rating in a research report on Tuesday, September 9th. One research 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 Price Performance

The stock has a fifty day simple moving average of $13.38 and a two-hundred day simple moving average of $14.35. The company has a market cap of $35.01 billion, a PE ratio of 26.35 and a beta of 0.47. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.73.

Seven and I (OTCMKTS:SVNDY - Get Free Report) last announced its quarterly earnings data on Thursday, July 10th. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates 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 company had revenue of $18.96 billion for the quarter, compared to analyst estimates of $18.81 billion. On average, equities analysts predict that Seven and I Holdings Co. will post 0.77 EPS for the current fiscal 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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