NASDAQ:FRED - Fred's Stock Price, News, & Analysis

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$2.77 -0.10 (-3.48 %)
(As of 01/22/2019 07:24 AM ET)
Previous Close$2.87
Today's Range$2.76 - $2.9650
52-Week Range$1.30 - $4.06
Volume336,864 shs
Average Volume414,165 shs
Market Capitalization$104.39 million
P/E RatioN/A
Dividend YieldN/A
Beta0.9
Fred's, Inc., together with its subsidiaries, sells general merchandise through its retail discount stores and full service pharmacies. The company, through its stores, offers health, beauty, and personal care products; household cleaning supplies, disposable diapers, pet foods, and paper products; and various general merchandise, and food and beverage products to low, middle, and fixed income families located in small- to medium-sized towns. It also sells general merchandise to franchised Fred's stores. As of February 3, 2018, the company operated approximately 584 retail stores, 348 pharmacies, and 12 franchised stores located in 15 states primarily in the Southeastern United States. Fred's, Inc. was founded in 1947 and is headquartered in Memphis, Tennessee.

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Industry, Sector and Symbol

Industry Variety stores
Sub-IndustryGeneral Merchandise Stores
SectorRetail/Wholesale
Current SymbolNASDAQ:FRED
CUSIP35610810
Phone901-365-8880

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.81 billion
Book Value$4.74 per share

Profitability

Net Income$-150,180,000.00

Miscellaneous

Employees9,106
Market Cap$104.39 million
OptionableOptionable

Fred's (NASDAQ:FRED) Frequently Asked Questions

What is Fred's' stock symbol?

Fred's trades on the NASDAQ under the ticker symbol "FRED."

How will Fred's' stock buyback program work?

Fred's declared that its board has initiated a stock repurchase program on Wednesday, December 6th 2017, which permits the company to buyback 3,800,000 shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's leadership believes its stock is undervalued.

How were Fred's' earnings last quarter?

Fred's, Inc. (NASDAQ:FRED) announced its quarterly earnings data on Thursday, December, 13th. The company reported ($0.83) EPS for the quarter, missing the Zacks' consensus estimate of ($0.39) by $0.44. The firm had revenue of $306.41 million for the quarter. Fred's had a negative net margin of 6.95% and a negative return on equity of 67.26%. View Fred's' Earnings History.

When is Fred's' next earnings date?

Fred's is scheduled to release their next quarterly earnings announcement on Friday, May 3rd 2019. View Earnings Estimates for Fred's.

What price target have analysts set for FRED?

1 analysts have issued 12 month target prices for Fred's' shares. Their predictions range from $2.00 to $2.00. On average, they expect Fred's' stock price to reach $2.00 in the next twelve months. This suggests that the stock has a possible downside of 27.8%. View Analyst Price Targets for Fred's.

What is the consensus analysts' recommendation for Fred's?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fred's in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fred's.

Has Fred's been receiving favorable news coverage?

News headlines about FRED stock have trended very positive on Tuesday, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Fred's earned a media sentiment score of 3.2 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are some of Fred's' key competitors?

Who are Fred's' key executives?

Fred's' management team includes the folowing people:
  • Mr. Joseph M. Anto, Interim CEO, Exec. VP, CFO & Sec. (Age 39)
  • Mr. Rodney L. Pittman, Director of Internal Audit & Compliance (Age 60)
  • Mr. Willie Sands, Sr. VP
  • Ms. Teresa Gabor, Sr. VP of Merchandising
  • Ms. Kimberley Felice-Dooley, Sr. VP of Merchandising - Consumables

Who are Fred's' major shareholders?

Fred's' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Virtu Financial LLC (0.11%). Company insiders that own Fred's stock include Alden Global Capital Llc, Thomas E Zacharias and Timothy A Barton. View Institutional Ownership Trends for Fred's.

Which major investors are buying Fred's stock?

FRED stock was acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC. Company insiders that have bought Fred's stock in the last two years include Alden Global Capital Llc, Thomas E Zacharias and Timothy A Barton. View Insider Buying and Selling for Fred's.

How do I buy shares of Fred's?

Shares of FRED can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Fred's' stock price today?

One share of FRED stock can currently be purchased for approximately $2.77.

How big of a company is Fred's?

Fred's has a market capitalization of $104.39 million and generates $1.81 billion in revenue each year. Fred's employs 9,106 workers across the globe.

What is Fred's' official website?

The official website for Fred's is http://www.fredsinc.com.

How can I contact Fred's?

Fred's' mailing address is 4300 NEW GETWELL RD, MEMPHIS TN, 38118. The company can be reached via phone at 901-365-8880 or via email at [email protected]


MarketBeat Community Rating for Fred's (NASDAQ FRED)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  199 (Vote Outperform)
Underperform Votes:  380 (Vote Underperform)
Total Votes:  579
MarketBeat's community ratings are surveys of what our community members think about Fred's and other stocks. Vote "Outperform" if you believe FRED will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FRED will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/22/2019 by MarketBeat.com Staff

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