NASDAQ:FRED - Fred's Stock Price, Price Target & More

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$2.23 +0.02 (+0.90 %)
(As of 07/19/2018 04:00 PM ET)
Previous Close$2.21
Today's Range$2.21 - $2.26
52-Week Range$1.30 - $7.63
Volume442,100 shs
Average Volume1.31 million shs
Market Capitalization$82.35 million
P/E RatioN/A
Dividend Yield2.71%
Beta1.39
FredFred'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

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

Debt

Debt-to-Equity Ratio1.10
Current Ratio1.66
Quick Ratio0.42

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.81 billion
Price / Sales0.05
Cash FlowN/A
Price / CashN/A
Book Value$4.74 per share
Price / Book0.47

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$-150,180,000.00
Net Margins-7.08%
Return on Equity-30.90%
Return on Assets-10.22%

Miscellaneous

Employees9,106
Outstanding Shares37,260,000
Market Cap$82.35

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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 often does Fred's pay dividends? What is the dividend yield for Fred's?

Fred's declared a quarterly dividend on Friday, August 18th. Stockholders of record on Friday, September 1st will be paid a dividend of $0.06 per share on Friday, September 15th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 10.76%. The ex-dividend date of this dividend is Wednesday, August 30th. View Fred's' Dividend History.

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 allows the company to repurchase 3,800,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

How were Fred's' earnings last quarter?

Fred's, Inc. (NASDAQ:FRED) released its earnings results on Thursday, June, 14th. The company reported ($0.54) earnings per share for the quarter, missing the consensus estimate of ($0.12) by $0.42. The business had revenue of $437.11 million for the quarter. Fred's had a negative return on equity of 30.90% and a negative net margin of 7.08%. During the same period last year, the company earned ($1.02) EPS. View Fred's' Earnings History.

When is Fred's' next earnings date?

Fred's is scheduled to release their next quarterly earnings announcement on Tuesday, September, 4th 2018. View Earnings Estimates for Fred's.

What price target have analysts set for FRED?

1 equities research analysts have issued 1 year target prices for Fred's' stock. Their predictions range from $4.00 to $4.00. On average, they expect Fred's' share price to reach $4.00 in the next year. This suggests a possible upside of 79.4% from the stock's current price. View Analyst Ratings 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."

Are investors shorting Fred's?

Fred's saw a decline in short interest in June. As of June 15th, there was short interest totalling 10,452,755 shares, a decline of 10.4% from the May 31st total of 11,670,626 shares. Based on an average daily volume of 2,287,619 shares, the days-to-cover ratio is currently 4.6 days. Currently, 30.6% of the company's shares are short sold. View Fred's' Current Options Chain.

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. Gregory Froton, Sr. VP of Merchandising and Gen. Merchandise
  • Mr. Timothy A. Liebmann, Former COO of Pharmacy & Exec. VP (Age 51)
  • Mr. Rodney L. Pittman, Director of Internal Audit & Compliance (Age 60)
  • Mr. Willie Sands, Sr. VP

Has Fred's been receiving favorable news coverage?

Media stories about FRED stock have been trending somewhat positive on Thursday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Fred's earned a news impact score of 0.11 on Accern's scale. They also gave press coverage about the company an impact score of 44.97 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.

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 $2.23.

How big of a company is Fred's?

Fred's has a market capitalization of $82.35 million and generates $1.81 billion in revenue each year. Fred's employs 9,106 workers across the globe.

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:  1.5 out of 5 (star half star)
Outperform Votes:  151 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  489
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 7/19/2018 by MarketBeat.com Staff

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