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NASDAQ:SPTN

SpartanNash (SPTN) Stock Price, News & Analysis

$20.79
+0.10 (+0.48%)
(As of 07/26/2024 ET)
Today's Range
$20.62
$20.92
50-Day Range
$17.99
$20.91
52-Week Range
$17.74
$24.51
Volume
155,780 shs
Average Volume
257,505 shs
Market Capitalization
$704.57 million
P/E Ratio
13.41
Dividend Yield
4.18%
Price Target
$20.00

SpartanNash MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
3.8% Downside
$20.00 Price Target
Short Interest
Healthy
2.44% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.18
Upright™ Environmental Score
News Sentiment
0.92mentions of SpartanNash in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.18%
From $1.96 to $2.14 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.65 out of 5 stars

Retail/Wholesale Sector

34th out of 201 stocks

Groceries, General Line Industry

2nd out of 5 stocks

SPTN stock logo

About SpartanNash Stock (NASDAQ:SPTN)

SpartanNash Company distributes and retails grocery products in the United States of America. It operates through Wholesale and Retail segments. The Wholesale segment offers grocery products and perishable food products, including dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmaceutical products to independent retailers, national accounts, food service distributors, e-commerce providers, and corporate owned retail stores. This segment offers various support services to independent retailers. The Retail segment operates retail stores, fuel centers, and pharmacies primarily under the banners of Family Fare, Martin's Super Markets, D&W Fresh Market, VG's Grocery, Family Fresh Market, Supermercado Nuestra Familia, Forest Hills Foods, Dillonvale IGA, and Fresh City Market. It supplies private brand products to military commissaries. The company was formerly known as Spartan Stores, Inc. and changed its name to SpartanNash Company in November 2013. SpartanNash Company was founded in 1917 and is headquartered in Grand Rapids, Michigan.

SPTN Stock Price History

SPTN Stock News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
SpartanNash Foundation to host annual fundraiser
See More Headlines
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Company Calendar

Last Earnings
5/30/2024
Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Today
7/26/2024
Next Earnings (Estimated)
8/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Groceries, general line
Sub-Industry
Food Distributors
Current Symbol
NASDAQ:SPTN
CUSIP
84682210
Employees
17,000
Year Founded
2012

Price Target and Rating

Average Stock Price Target
$20.00
High Stock Price Target
$20.00
Low Stock Price Target
$20.00
Potential Upside/Downside
-3.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$52.24 million
Pretax Margin
0.77%

Debt

Sales & Book Value

Annual Sales
$9.73 billion
Cash Flow
$5.22 per share
Book Value
$22.48 per share

Miscellaneous

Free Float
33,418,000
Market Cap
$705.59 million
Optionable
Optionable
Beta
0.41

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Key Executives

  • Mr. Tony Bashir Sarsam (Age 62)
    President, CEO & Director
    Comp: $5.8M
  • Mr. Jason Monaco (Age 47)
    Executive VP & CFO
    Comp: $1.85M
  • Mr. Masiar Tayebi (Age 44)
    Executive VP, Chief Strategy Officer & Information Officer
    Comp: $1.13M
  • Mr. Bennett Morgan
    Executive VP & Chief Merchandising Officer
  • Mr. R. Todd Riksen
    VP, Corporate Controller & Principal Accounting Officer
  • Kayleigh Campbell
    Head of Investor Relations
  • Ms. Ileana McAlary (Age 48)
    Executive VP, Chief Legal Officer & Corporate Secretary
  • Ms. Adrienne Chance
    Senior VP of Communications & Executive Director of SpartanNash Foundation
  • Mr. Bill Jacobs
    Vice President of Treasury & Corporate Development
  • Ms. Nicole Zube
    Executive VP & Chief Human Resources Officer

SPTN Stock Analysis - Frequently Asked Questions

How have SPTN shares performed this year?

SpartanNash's stock was trading at $22.95 at the beginning of 2024. Since then, SPTN shares have decreased by 9.4% and is now trading at $20.79.
View the best growth stocks for 2024 here
.

How were SpartanNash's earnings last quarter?

SpartanNash (NASDAQ:SPTN) posted its earnings results on Thursday, May, 30th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.01. The firm's revenue for the quarter was down 3.6% on a year-over-year basis.

What is Tony Sarsam's approval rating as SpartanNash's CEO?

5 employees have rated SpartanNash Chief Executive Officer Tony Sarsam on Glassdoor.com. Tony Sarsam has an approval rating of 81% among the company's employees.

Does SpartanNash have any subsidiaries?

SpartanNash subsidiaries include these companies: Martin's Super Markets LLC, Blue Ribbon Transport, Caito Foods Service, BRT SpartanNash LLC, Caito Foods LLC, Erickson’s Diversified Corporation, Family Fare LLC, and others.

Who are SpartanNash's major shareholders?

SpartanNash's top institutional investors include Bank of New York Mellon Corp (1.34%), Ellsworth Advisors LLC (0.65%), CX Institutional (0.41%) and Assenagon Asset Management S.A. (0.36%). Insiders that own company stock include Kathleen M Mahoney, Hawthorne L Proctor, Matthew Mannelly, William R Voss and Frank Gambino.
View institutional ownership trends
.

How do I buy shares of SpartanNash?

Shares of SPTN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of SpartanNash own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SpartanNash investors own include Advanced Micro Devices (AMD), QUALCOMM (QCOM), AbbVie (ABBV), Crown Castle (CCI), NVIDIA (NVDA), Enterprise Products Partners (EPD) and Johnson & Johnson (JNJ).

This page (NASDAQ:SPTN) was last updated on 7/26/2024 by MarketBeat.com Staff

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