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SpartanNash Stock Price, News & Analysis (NASDAQ:SPTN)

$13.44
+0.39 (+2.99 %)
(As of 10/23/2019 07:30 AM ET)
Today's Range
$12.95
Now: $13.44
$13.57
50-Day Range
$10.76
MA: $11.86
$13.54
52-Week Range
$8.82
Now: $13.44
$23.00
Volume402,686 shs
Average Volume385,946 shs
Market Capitalization$488.28 million
P/E Ratio7.19
Dividend Yield5.82%
Beta1.39
SpartanNash 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 retailers, national retailers, food service distributors, e-commerce providers, and corporate owned retail stores. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.06 billion
Cash Flow$4.34 per share
Book Value$19.92 per share

Profitability

Net Income$33.57 million

Miscellaneous

Employees14,000
Market Cap$488.28 million
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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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 Friday, August 23rd. Investors of record on Monday, September 16th will be given a dividend of $0.19 per share on Monday, September 30th. This represents a $0.76 dividend on an annualized basis and a yield of 5.65%. The ex-dividend date of this dividend is Friday, September 13th. View SpartanNash's Dividend History.

How will SpartanNash's stock buyback program work?

SpartanNash declared that its board has approved a share repurchase program on Saturday, November 18th 2017, which allows the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

How were SpartanNash's earnings last quarter?

SpartanNash Co (NASDAQ:SPTN) released its earnings results on Wednesday, August, 14th. The company reported $0.34 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.34. The company earned $2 billion during the quarter, compared to analysts' expectations of $2.01 billion. SpartanNash had a return on equity of 7.07% and a net margin of 0.05%. SpartanNash's quarterly revenue was up 5.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.56 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 6th 2019. View Earnings Estimates for SpartanNash.

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

SpartanNash updated its FY19 earnings guidance on Wednesday, August, 14th. The company provided earnings per share (EPS) guidance of $1.20-1.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.27.

What price target have analysts set for SPTN?

6 brokers have issued 1-year price objectives for SpartanNash's stock. Their forecasts range from $8.00 to $25.00. On average, they anticipate SpartanNash's share price to reach $13.00 in the next year. This suggests that the stock has a possible downside of 3.3%. 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 2 sell ratings, 1 hold rating and 3 buy ratings 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. " (10/22/2019)
  • 2. Pivotal Research analysts commented, "We remain below the latest guidance range with a revised FY19 EPS est. of $1.11 (down from $1.16) and EBITDA est. of $179 million (from $182 million). Consistent with SPTN’s pre-announcement earlier this week, the revised FY19 EBITDA guidance is $183-$195 million (from $190-$205 million) and adj. EPS guidance is $1.20-$1.35 (from $1.20-$1.50). With SPTN now trading at a forward EV/EBITDA multiple of around 5.5x, near-term risks are better accounted for." (8/15/2019)

Has SpartanNash been receiving favorable news coverage?

Media stories about SPTN stock have trended negative recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. SpartanNash earned a coverage optimism score of -2.5 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for SpartanNash.

Are investors shorting SpartanNash?

SpartanNash saw a decrease in short interest during the month of September. As of September 15th, there was short interest totalling 708,100 shares, a decrease of 7.9% from the August 15th total of 768,900 shares. Based on an average trading volume of 383,900 shares, the days-to-cover ratio is currently 1.8 days. Currently, 2.0% of the shares of the company are sold short. View SpartanNash's Current Options Chain.

Who are some of SpartanNash's key competitors?

Some companies that are related to SpartanNash include SYSCO (SYY), Chefs' Warehouse (CHEF), Andersons (ANDE), United Natural Foods (UNFI) and Nash-Finch (NAFC).

What other stocks do shareholders of SpartanNash own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SpartanNash investors own include Supervalu (SVU), Netflix (NFLX), NVIDIA (NVDA), Western Digital (WDC), Walt Disney (DIS), GrubHub (GRUB), Square (SQ), Immunomedics (IMMU), Intel (INTC) and Neurocrine Biosciences (nbix).

Who are SpartanNash's key executives?

SpartanNash's management team includes the folowing people:
  • Mr. David M. Staples, CEO, Pres & Director (Age 56)
  • Mr. Mark E. Shamber, Exec. VP & CFO (Age 50)
  • Ms. Kathleen M. Mahoney, Pres of MDV Military Division, Chief Legal Officer & Sec. (Age 64)
  • Ms. Yvonne Trupiano, Exec. VP, Chief HR & Corp. Affairs and Communications Officer (Age 40)
  • Mr. Lawrence R. Pierce, Exec. VP of Special Projects (Age 64)

Who are SpartanNash's major shareholders?

SpartanNash's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.90%), Assenagon Asset Management S.A. (0.43%), Pacer Advisors Inc. (0.10%), State of Alaska Department of Revenue (0.08%) and Meeder Asset Management Inc. (0.03%). Company insiders that own SpartanNash stock include David M Staples, Dennis Eidson, Douglas A Hacker, Elizabeth A Nickels, Kathleen M Mahoney, M Shan Atkins, Mark Shamber, 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 Robeco Institutional Asset Management B.V. and Meeder Asset Management Inc.. Company insiders that have sold SpartanNash company stock in the last year include David M Staples, Douglas A Hacker, Elizabeth A Nickels, M Shan Atkins and Yvonne R Jackson. View Insider Buying and Selling for SpartanNash.

Which institutional investors are buying SpartanNash stock?

SPTN stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Pacer Advisors Inc. and State of Alaska Department of Revenue. 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, Robinhood, Fidelity and Charles Schwab.

What is SpartanNash's stock price today?

One share of SPTN stock can currently be purchased for approximately $13.44.

How big of a company is SpartanNash?

SpartanNash has a market capitalization of $488.28 million and generates $8.06 billion in revenue each year. The company earns $33.57 million in net income (profit) each year or $1.87 on an earnings per share basis. SpartanNash employs 14,000 workers across the globe.View Additional Information About SpartanNash.

What is SpartanNash's official website?

The official website for SpartanNash is http://www.spartanstores.com/.

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:  193 (Vote Outperform)
Underperform Votes:  396 (Vote Underperform)
Total Votes:  589
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 10/23/2019 by MarketBeat.com Staff

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