Miércoles, 18 Julio, 2018

Supervalu buying California grocery distributer for $114M

A Supervalu truck en route in a delivery Image source Supervalu
Manuel Armenta | 15 Abril, 2017, 08:43

Now the shares of SUPERVALU Inc.

Price targets show what analysts believes a stock will be worth at the end of a certain time period.

Several other hedge funds have also recently added to or reduced their stakes in SVU.

In recent action, SUPERVALU Inc. SUPERVALU Inc. got Downgrade on 14-Jan-16 where investment firm Deutsche Bank Downgrade the stock from Buy to Hold. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Century Capital Management LLC increased its position in shares of Supervalu by 767.8% in the fourth quarter.

If we look at the Volatility of the company, Week Volatility is 4.75%, whereas Month Volatility is at 4.16%. Finally, Russell Investments Group Ltd. acquired a new position in shares of Supervalu during the fourth quarter worth about $1,004,000. The number of shares now owned by investors are 931.92 mln. The last session's volume of 3.30 million shares was lower than its average volume of 3.63 million shares.

Supervalu (NYSE:SVU) traded up 3.44% during midday trading on Thursday, reaching $3.91. The stock had a trading volume of 4,543,981 shares. The share price has moved forward from its 20 days moving average 4.74% and positively from its 50 days moving average 2.02%. That puts the market capitalization at $1.02 bln.

Supervalu (NYSE:SVU) last announced its earnings results on Wednesday, January 11th. The company had revenue of $3 billion for the quarter. Supervalu had a net margin of 0.64% and a negative return on equity of 43.47%. Over the trailing year, the stock is underperforming the S&P 500 by 36.27, and it's gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange.

Many analysts are providing their Estimated Earnings analysis for SUPERVALU Inc. and for the current quarter 10 analysts have projected that the stock could give an Average Earnings estimate of $0.09/share.

ILLEGAL ACTIVITY NOTICE: This report was first published by The Cerbat Gem and is owned by of The Cerbat Gem. Do you expect to see further consolidation among wholesalers in the U.S.?

SUPERVALU Inc. (SVU) has an annual dividend of $0, while its annual dividend yield is 0%. It has been assigned a low target price of $35 and a high target price of $65.

SVU has a 1-year high price of $ 5.90 and 1-year low price of $3.20.

Sell-side analyst recommendations point to a short term price target of $5.69 on the shares of SUPERVALU Inc.