The Goldman Sachs Group Upgrades Seven and I (OTCMKTS:SVNDY) to "Hold"

Key Points

• The Goldman Sachs Group upgraded Seven and I (OTCMKTS:SVNDY) to a "hold" rating in a report issued on Tuesday.
• Seven and I's stock increased by 1.9% and it reported earnings of $0.13 per share, surpassing analysts' expectations.
• The company has a market capitalization of $34.61 billion and operates through six segments including convenience stores and financial services.

Seven and I (OTCMKTS:SVNDY - Get Free Report) was upgraded by research analysts at The Goldman Sachs Group to a "hold" rating in a report issued on Tuesday,Zacks.com reports.

Seven and I Trading Up 1.9%

OTCMKTS SVNDY opened at $13.29 on Tuesday. The stock has a 50-day simple moving average of $13.73 and a 200 day simple moving average of $14.44. The company has a market capitalization of $34.61 billion, a PE ratio of 26.06 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 has a 12 month low of $12.50 and a 12 month high of $19.88.

Seven and I (OTCMKTS:SVNDY - Get Free Report) last released its quarterly earnings data on Thursday, July 10th. The company reported $0.13 EPS for the quarter, beating analysts' consensus estimates of $0.11 by $0.02. The business had revenue of $18.96 billion during the quarter, compared to the consensus estimate of $18.81 billion. Seven and I had a return on equity of 6.49% and a net margin of 1.65%. Research analysts forecast that Seven and I 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.