Seven and I (OTCMKTS:SVNDY) Rating Increased to Hold at The Goldman Sachs Group

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.

The Goldman Sachs Group upgraded shares of Seven and I (OTCMKTS:SVNDY - Free Report) to a hold rating in a research report released on Tuesday, September 9th,Zacks.com reports.

Seven and I Price Performance

SVNDY stock traded up $0.07 on Tuesday, reaching $13.47. 167,852 shares of the company's stock were exchanged, compared to its average volume of 180,705. The stock has a fifty day moving average of $13.59 and a 200-day moving average of $14.40. Seven and I has a twelve month low of $12.50 and a twelve month high of $19.88. The firm has a market cap of $35.08 billion, a PE ratio of 26.41 and a beta of 0.48. The company has a quick ratio of 0.73, a current ratio of 0.81 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, topping analysts' consensus estimates of $0.11 by $0.02. The firm had revenue of $18.96 billion for the quarter, compared to analyst estimates of $18.81 billion. Seven and I had a return on equity of 6.49% and a net margin of 1.65%. As a group, equities analysts predict that Seven and I will post 0.77 EPS for the current fiscal 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.