NASDAQ:SPTN - SpartanNash Stock Price, News, & Analysis

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$20.67 +0.53 (+2.63 %)
(As of 09/20/2018 04:00 PM ET)
Previous Close$20.14
Today's Range$19.97 - $20.71
52-Week Range$16.32 - $27.72
Volume120,000 shs
Average Volume253,311 shs
Market Capitalization$733.75 million
P/E Ratio9.61
Dividend Yield3.53%
Beta1.16
SpartanNash logoSpartanNash Company distributes and retails grocery products. It operates in three segments: Food Distribution, Military, and Retail. The Food Distribution segment offers approximately 60,000 stock-keeping units, such as 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 pharmacy products to independent retail locations, food service distributors, and corporate-owned retail stores. This segment also offers various value-added services to retailers. The Military segment sells and distributes grocery products to military commissaries and exchanges located in 45 states across the United States and the District of Columbia, Europe, Cuba, Puerto Rico, Italy, Bahrain, Djibouti, and Egypt. The Retail segment primarily operates neighborhood supermarkets. As of December 30, 2017, this segment operated 145 owned retail stores in the Midwest region primarily under the Family Fare Supermarkets, D&W Fresh Markets, VG's Grocery, Dan's Supermarket, and Family Fresh Market banners; and offered pharmacy services in 87 of its stores, as well as operated 31 fuel centers at its retail stores. SpartanNash Company also markets and distributes private brand items primarily under the Our Family, Open Acres, Top Care, Tippy Toes, Full Circle, Culinary Tours, PAWS Premium, Valu Time, Freedom's Choice, and Home Base brands. 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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Groceries, general line
Sub-IndustryFood Distributors
SectorRetail/Wholesale
SymbolNASDAQ:SPTN
CUSIP84682210
Phone616-878-2000

Debt

Debt-to-Equity Ratio0.97
Current Ratio2.06
Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio9.61
Forward P/E Ratio10.18
P/E Growth1.44

Sales & Book Value

Annual Sales$8.13 billion
Price / Sales0.09
Cash Flow$4.4644 per share
Price / Cash4.63
Book Value$19.53 per share
Price / Book1.06

Profitability

EPS (Most Recent Fiscal Year)$2.10
Net Income$-52,840,000.00
Net Margins-0.72%
Return on Equity10.23%
Return on Assets3.61%

Miscellaneous

Employees14,800
Outstanding Shares35,930,000
Market Cap$733.75 million

SpartanNash (NASDAQ:SPTN) Frequently Asked Questions

What is SpartanNash's stock symbol?

SpartanNash trades on the NASDAQ under the ticker symbol "SPTN."

How often does SpartanNash pay dividends? What is the dividend yield for SpartanNash?

SpartanNash declared a quarterly dividend on Monday, August 27th. Investors of record on Friday, September 14th will be given a dividend of $0.18 per share on Friday, September 28th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.48%. The ex-dividend date of this dividend is Thursday, September 13th. View SpartanNash's Dividend History.

How will SpartanNash's stock buyback program work?

SpartanNash declared that its board has initiated a share buyback program on Saturday, November 18th 2017, which permits the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

How were SpartanNash's earnings last quarter?

SpartanNash Co (NASDAQ:SPTN) released its earnings results on Wednesday, August, 15th. The company reported $0.50 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.57 by $0.07. The company earned $1.90 billion during the quarter, compared to analyst estimates of $1.88 billion. SpartanNash had a negative net margin of 0.72% and a positive return on equity of 10.23%. The firm's revenue was up 2.1% on a year-over-year basis. During the same period last year, the business posted $0.60 EPS. View SpartanNash's Earnings History.

When is SpartanNash's next earnings date?

SpartanNash is scheduled to release their next quarterly earnings announcement on Wednesday, November, 14th 2018. View Earnings Estimates for SpartanNash.

What guidance has SpartanNash issued on next quarter's earnings?

SpartanNash updated its FY18 earnings guidance on Wednesday, August, 15th. The company provided EPS guidance of $2.02-2.14 for the period, compared to the Thomson Reuters consensus estimate of $2.25.

What price target have analysts set for SPTN?

6 equities research analysts have issued 12 month target prices for SpartanNash's shares. Their forecasts range from $15.00 to $25.00. On average, they expect SpartanNash's stock price to reach $21.20 in the next twelve months. This suggests a possible upside of 2.6% from the stock's current price. View Analyst Price Targets for SpartanNash.

What is the consensus analysts' recommendation for SpartanNash?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SpartanNash in the last year. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SpartanNash.

What are Wall Street analysts saying about SpartanNash stock?

Here are some recent quotes from research analysts about SpartanNash stock:
  • 1. According to Zacks Investment Research, "SpartanNash Co. is a food distributor serving military commissaries and exchanges in the United States. The company's core businesses include distributing food to military commissaries and exchanges and independent and corporate-owned retail stores located in 44 states and the District of Columbia, Europe, Cuba, Puerto Rico, the Azores, Bahrain and Egypt. It operates supermarkets, primarily under the banners of Family Fare Supermarkets, No Frills, Bag 'n Save and Econofoods. SpartanNash Co., formerly known as Spartan Stores, Inc., is headquartered in United States. " (8/16/2018)
  • 2. Pivotal Research analysts commented, "We reiterate our SELL. Despite the high rate of earnings deceleration expected in 2Q, SPTN still trades at a premium to Kroger and Supervalu." (5/25/2018)

Are investors shorting SpartanNash?

SpartanNash saw a decline in short interest in August. As of August 31st, there was short interest totalling 556,703 shares, a decline of 31.0% from the August 15th total of 807,282 shares. Based on an average daily trading volume, of 267,221 shares, the short-interest ratio is currently 2.1 days. Currently, 1.6% of the company's shares are sold short. View SpartanNash's Current Options Chain.

Who are some of SpartanNash's key competitors?

Who are SpartanNash's key executives?

SpartanNash's management team includes the folowing people:
  • Mr. David M. Staples, CEO, Pres & Director (Age 55)
  • Mr. Mark E. Shamber, Exec. VP & CFO (Age 49)
  • Ms. Kathleen M. Mahoney, Pres of MDV Military Division & Chief Legal Officer (Age 63)
  • Mr. Lawrence R. Pierce, Exec. VP of Merchandising & Marketing (Age 63)
  • Mr. Theodore C. Adornato, Exec. VP & GM of Retail Operations (Age 64)

Has SpartanNash been receiving favorable news coverage?

News articles about SPTN stock have trended somewhat positive on Thursday, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. SpartanNash earned a daily sentiment score of 0.18 on Accern's scale. They also assigned headlines about the company an impact score of 46.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for SpartanNash.

Who are SpartanNash's major shareholders?

SpartanNash's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.42%), Dimensional Fund Advisors LP (8.32%), LSV Asset Management (4.50%), Private Capital Management LLC (3.74%), Bank of New York Mellon Corp (2.39%) and Bank of New York Mellon Corp (2.39%). Company insiders that own SpartanNash stock include David Des Couch, David M Staples, Dennis Eidson, Edward L Brunot, Elizabeth A Nickels, Frank Gambino, Kathleen M Mahoney, Lawrence R Pierce, M Shan Atkins, Mark Shamber, Theodore Adornato, Timothy J Odonovan, William R Voss and Yvonne R Jackson. View Institutional Ownership Trends for SpartanNash.

Which institutional investors are selling SpartanNash stock?

SPTN stock was sold by a variety of institutional investors in the last quarter, including Schwab Charles Investment Management Inc., Bank of New York Mellon Corp, Bank of New York Mellon Corp, Dimensional Fund Advisors LP, OppenheimerFunds Inc., Bank of America Corp DE, Private Capital Management LLC and Municipal Employees Retirement System of Michigan. Company insiders that have sold SpartanNash company stock in the last year include David M Staples, Dennis Eidson, Kathleen M Mahoney and William R Voss. View Insider Buying and Selling for SpartanNash.

Which institutional investors are buying SpartanNash stock?

SPTN stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Millennium Management LLC, Renaissance Technologies LLC, United Services Automobile Association, Los Angeles Capital Management & Equity Research Inc., WBI Investments Inc., Dynamic Technology Lab Private Ltd and Engineers Gate Manager LP. View Insider Buying and Selling for SpartanNash.

How do I buy shares of SpartanNash?

Shares of SPTN 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 SpartanNash's stock price today?

One share of SPTN stock can currently be purchased for approximately $20.67.

How big of a company is SpartanNash?

SpartanNash has a market capitalization of $733.75 million and generates $8.13 billion in revenue each year. The company earns $-52,840,000.00 in net income (profit) each year or $2.10 on an earnings per share basis. SpartanNash employs 14,800 workers across the globe.

How can I contact SpartanNash?

SpartanNash's mailing address is 850 76TH ST SW, GRAND RAPIDS MI, 49518. The company can be reached via phone at 616-878-2000 or via email at [email protected]


MarketBeat Community Rating for SpartanNash (NASDAQ SPTN)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  146 (Vote Outperform)
Underperform Votes:  321 (Vote Underperform)
Total Votes:  467
MarketBeat's community ratings are surveys of what our community members think about SpartanNash and other stocks. Vote "Outperform" if you believe SPTN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SPTN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/20/2018 by MarketBeat.com Staff

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