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

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$0.48 +0.05 (+11.57 %)
(As of 05/22/2019 07:30 AM ET)
Previous Close$0.4311
Today's Range$0.4220 - $0.53
52-Week Range$0.42 - $3.58
Volume895,495 shs
Average Volume713,059 shs
Market Capitalization$16.93 million
P/E RatioN/A
Dividend YieldN/A
Beta1.09
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$1.27 billion
Book Value$4.39 per share

Profitability

Net Income$-12,970,000.00

Miscellaneous

Employees6,572
Market Cap$16.93 million
Next Earnings Date6/13/2019 (Estimated)
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 announced that its Board of Directors has approved a share buyback plan on Wednesday, January 30th 2019, which allows the company to buyback 3,500,000 shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's management believes its stock is undervalued.

How were Fred's' earnings last quarter?

Fred's, Inc. (NASDAQ:FRED) posted its quarterly earnings results on Friday, May, 4th. The company reported ($0.62) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.19) by $0.43. The company had revenue of $477.29 million for the quarter. Fred's had a negative net margin of 0.88% and a negative return on equity of 101.21%. During the same quarter in the previous year, the business posted ($0.11) 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 Thursday, June 13th 2019. View Earnings Estimates for Fred's.

What price target have analysts set for FRED?

1 Wall Street analysts have issued 1-year price objectives for Fred's' shares. Their predictions range from $2.00 to $2.00. On average, they expect Fred's' share price to reach $2.00 in the next twelve months. This suggests a possible upside of 314.9% from the stock's current price. 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?

Media headlines about FRED stock have been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Fred's earned a daily sentiment score of 1.4 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next several days.

Who are some of Fred's' key competitors?

What other stocks do shareholders of Fred's own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Fred's investors own include Rite Aid (RAD), Centurylink (CTL), Advanced Micro Devices (AMD), Opko Health (OPK), Xilinx (XLNX), Sprint (S), AT&T (T), Adobe (ADBE), FireEye (FEYE) and QUALCOMM (QCOM).

Who are Fred's' key executives?

Fred's' management team includes the folowing people:
  • Mr. Joseph M. Anto, CEO & Sec. (Age 40)
  • Mr. Ritwik Chatterjee, Chief Financial Officer
  • Mr. Rodney L. Pittman, Director of Internal Audit & Compliance (Age 61)
  • Mr. Willie Sands, Sr. VP
  • Ms. Teresa Gabor, Sr. VP of Merchandising

Who are Fred's' major shareholders?

Fred's' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (2.28%), Morgan Stanley (1.12%), California Public Employees Retirement System (0.81%), Virtu Financial LLC (0.07%) and Jane Street Group LLC (0.05%). 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 selling Fred's stock?

FRED stock was sold by a variety of institutional investors in the last quarter, including California Public Employees Retirement System and Virtu Financial LLC. View Insider Buying and Selling for Fred's.

Which major investors are buying Fred's stock?

FRED stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Renaissance Technologies LLC and Jane Street Group 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 $0.4820.

How big of a company is Fred's?

Fred's has a market capitalization of $16.93 million and generates $1.27 billion in revenue each year. Fred's employs 6,572 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 investors.fredsinc.com.


MarketBeat Community Rating for Fred's (NASDAQ FRED)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  219 (Vote Outperform)
Underperform Votes:  398 (Vote Underperform)
Total Votes:  617
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 5/22/2019 by MarketBeat.com Staff

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