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

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$2.40 +0.10 (+4.35 %)
(As of 06/20/2018 09:00 AM ET)
Previous Close$2.40
Today's Range$2.40 - $2.40
52-Week Range$1.30 - $13.15
Volume100 shs
Average Volume1.86 million shs
Market Capitalization$79.74 million
P/E Ratio-0.62
Dividend Yield2.80%
Beta1.44
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

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 Ratio-0.62
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$4.30 per share
Price / Book0.56

Profitability

EPS (Most Recent Fiscal Year)($3.73)
Net Income$-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

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 announced 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 annualized dividend and a dividend yield of 10.00%. 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 announced that its Board of Directors has initiated a stock buyback program on Wednesday, December 6th 2017, which authorizes the company to buyback 3,800,000 shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its stock is undervalued.

How were Fred's' earnings last quarter?

Fred's, Inc. (NASDAQ:FRED) issued its quarterly earnings results on Thursday, June, 14th. The company reported ($0.54) earnings per share (EPS) 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 net margin of 7.08% and a negative return on equity of 30.90%. During the same period in the prior year, the company posted ($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?

2 brokers have issued twelve-month price objectives for Fred's' shares. Their forecasts range from $4.00 to $8.00. On average, they anticipate Fred's' stock price to reach $6.00 in the next year. View Analyst Ratings for Fred's.

Who are some of Fred's' key competitors?

Who are Fred's' key executives?

Fred's' management team includes the folowing people:
  • Ms. Mary Lou Gardner, Exec. VP and Chief Merchandising & Marketing Officer (Age 55)
  • Mr. Craig L. Barnes, COO of Front Store & Exec. VP (Age 51)
  • Mr. Timothy A. Liebmann, COO of Pharmacy & Exec. VP (Age 51)
  • Mr. Michael A. James, Sr. VP of Specialty Pharmacy
  • Mr. Joseph M. Anto, Interim CEO, Exec. VP, CFO & Sec. (Age 39)

Has Fred's been receiving favorable news coverage?

News articles about FRED stock have been trending somewhat positive this week, according to Accern Sentiment. Accern ranks the sentiment of 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 closest to one being the most favorable. Fred's earned a news impact score of 0.14 on Accern's scale. They also assigned news articles about the company an impact score of 47.02 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are Fred's' major shareholders?

Fred's' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include OppenheimerFunds Inc. (4.88%) and Schwab Charles Investment Management Inc. (2.93%). Company insiders that own Fred's stock include Alden Global Capital Llc, Eric Ridings, Mark C Dely, Michael Hayes, Ricky Chambers and Timothy A Barton. View Institutional Ownership Trends for Fred's.

Which institutional investors are buying Fred's stock?

FRED stock was bought by a variety of institutional investors in the last quarter, including Schwab Charles Investment Management Inc. and OppenheimerFunds Inc.. Company insiders that have bought Fred's stock in the last two years include Alden Global Capital Llc 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 $2.40.

How big of a company is Fred's?

Fred's has a market capitalization of $79.74 million and generates $1.81 billion in revenue each year. The company earns $-150,180,000.00 in net income (profit) each year or ($3.73) on an earnings per share basis. 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 (FRED)

Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  139 (Vote Outperform)
Underperform Votes:  324 (Vote Underperform)
Total Votes:  463
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 6/20/2018 by MarketBeat.com Staff

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