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

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$17.81 -0.20 (-1.11 %)
(As of 12/9/2018 04:00 PM ET)
Previous Close$17.81
Today's Range$17.74 - $18.16
52-Week Range$16.10 - $27.72
Volume124,960 shs
Average Volume202,889 shs
Market Capitalization$640.13 million
P/E Ratio8.48
Dividend Yield4.04%
Beta1.2
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 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
Current SymbolNASDAQ:SPTN
Previous Symbol
CUSIP84682210
Phone616-878-2000

Debt

Debt-to-Equity Ratio0.94
Current Ratio1.99
Quick Ratio0.84

Price-To-Earnings

Trailing P/E Ratio8.48
Forward P/E Ratio9.18
P/E Growth1.31

Sales & Book Value

Annual Sales$8.13 billion
Price / Sales0.08
Cash Flow$4.4084 per share
Price / Cash Flow4.04
Book Value$19.53 per share
Price / Book0.91

Profitability

EPS (Most Recent Fiscal Year)$2.10
Net Income$-52,840,000.00
Net Margins1.02%
Return on Equity9.81%
Return on Assets3.49%

Miscellaneous

Employees9,100
Outstanding Shares35,940,000
Market Cap$640.13 million
OptionableOptionable

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 announced a quarterly dividend on Friday, November 16th. Investors of record on Monday, December 17th will be given a dividend of $0.18 per share on Monday, December 31st. This represents a $0.72 annualized dividend and a dividend yield of 4.04%. The ex-dividend date is Friday, December 14th. View SpartanNash's Dividend History.

How will SpartanNash's stock buyback program work?

SpartanNash declared that its Board of Directors has initiated 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 buy shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

How were SpartanNash's earnings last quarter?

SpartanNash Co (NASDAQ:SPTN) issued its quarterly earnings results on Wednesday, November, 7th. The company reported $0.50 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.48 by $0.02. The business had revenue of $1.89 billion for the quarter, compared to analysts' expectations of $1.91 billion. SpartanNash had a net margin of 1.02% and a return on equity of 9.81%. The company's quarterly revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.54 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, February 20th 2019. View Earnings Estimates for SpartanNash.

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

SpartanNash issued an update on its FY18 earnings guidance on Wednesday, November, 7th. The company provided EPS guidance of $1.89-1.97 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.99. SpartanNash also updated its FY 2018 guidance to $1.89-1.97 EPS.

What price target have analysts set for SPTN?

5 brokerages have issued twelve-month price objectives for SpartanNash's stock. Their forecasts range from $15.00 to $23.00. On average, they expect SpartanNash's stock price to reach $20.25 in the next twelve months. This suggests a possible upside of 13.7% from the stock's current price. View Analyst Price Targets for SpartanNash.

What is the consensus analysts' recommendation for SpartanNash?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SpartanNash in the last year. There are currently 1 sell rating, 3 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)

Has SpartanNash been receiving favorable news coverage?

News coverage about SPTN stock has been trending somewhat positive on Sunday, InfoTrie reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SpartanNash earned a coverage optimism score of 0.8 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days.

Are investors shorting SpartanNash?

SpartanNash saw a decrease in short interest in the month of November. As of November 15th, there was short interest totalling 390,730 shares, a decrease of 33.8% from the October 31st total of 590,364 shares. Based on an average trading volume of 246,857 shares, the short-interest ratio is presently 1.6 days. Currently, 1.1% 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. Thomas A. Van Hall, Exec. Officer (Age 62)

Who are SpartanNash's major shareholders?

SpartanNash's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.65%), Dimensional Fund Advisors LP (8.40%), Vanguard Group Inc. (6.43%), LSV Asset Management (4.85%), Bank of New York Mellon Corp (2.41%) and JPMorgan Chase & Co. (1.73%). Company insiders that own SpartanNash stock include David Des Couch, David M Staples, Dennis Eidson, Douglas A Hacker, 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 Wells Fargo & Company MN, Renaissance Technologies LLC, Prudential Financial Inc., Citadel Advisors LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., William Blair Investment Management LLC and Credit Suisse AG. Company insiders that have sold SpartanNash company stock in the last year include David M Staples, Dennis Eidson, Douglas A Hacker, Kathleen M Mahoney and William R Voss. 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 LSV Asset Management, BlackRock Inc., AQR Capital Management LLC, Ibex Investors LLC, Assenagon Asset Management S.A., Martingale Asset Management L P, Morgan Stanley and Dimensional Fund Advisors 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 $17.81.

How big of a company is SpartanNash?

SpartanNash has a market capitalization of $640.13 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 9,100 workers across the globe.

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:  156 (Vote Outperform)
Underperform Votes:  331 (Vote Underperform)
Total Votes:  487
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 12/9/2018 by MarketBeat.com Staff

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