Shoprite (SRGHY) Stock Price, News & Analysis

Company Overview

Shoprite Holdings Ltd. is a South African retail group that operates supermarkets, convenience stores and related businesses across Africa. Its principal brands include Shoprite, Checkers, Usave and OK, offering groceries, fresh produce, household goods, personal-care products and other everyday consumer items. The group also operates liquor stores under brands such as LiquorShop and provides selected financial and digital services to customers.

Shoprite traces its origins to 1979, when it began expanding from a small group of stores in the Western Cape. Over time, the company developed into one of Africa’s largest food retailers through organic expansion and acquisitions. Its Checkers business is positioned toward more affluent consumers and includes the Checkers Sixty60 on-demand grocery delivery service, while Shoprite and Usave focus on value-oriented grocery retailing.

The company serves customers primarily in South Africa and also has operations in several other African countries. Shoprite Holdings is headquartered in Brackenfell, near Cape Town, South Africa. Pieter Engelbrecht has served as the group’s chief executive officer, overseeing the company’s retail operations and continued expansion in its core African markets.

Key Stats

• Today's Range: $20.01 to $20.01
• 50-Day Range: $17.42 to $20.08
• 52-Week Range: $15.28 to $20.30
• Volume: 1,769 shs
• Average Volume: 3,740 shs
• Market Capitalization: N/A
• P/E Ratio: 2.87
• Dividend Yield: 21.09%
• Price Target: N/A
• Consensus Rating: N/A

Shoprite Stock Analysis - MarketRank™

Shoprite scored higher than 11% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Shoprite.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Shoprite is 2.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.92.

Price to Earnings Ratio vs. Sector

The P/E ratio of Shoprite is 2.87, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 45.52.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Shoprite has a short interest ratio ("days to cover") of 0.17, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Shoprite has recently increased by 69.28%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Shoprite pays a meaningful dividend of 1.52%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Shoprite does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Shoprite is 60.55%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Sentiment

Shoprite has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Shoprite this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Shoprite insiders have not sold or bought any company stock.

Percentage Held by Institutions

0.01% of the stock of Shoprite is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Consumer Discretionary
• Industry: Broadline Retail
• Sub-Industry: Broadline Retail
• Current Symbol: OTCMKTS:SRGHY
• CIK: N/A
• Web: www.shopriteholdings.co.za
• Phone: (721) 980-4000
• Fax: N/A
• Employees: 140,000
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 2.87
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A