SPTN stock: buy or sell?

SPTN stock price: $11.20 0.54% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

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After sliding for 4 days, Thursday SpartanNash raised a slightly fine 0.54%, closing at $11.20. On Aug 15th SPTN rocketed an outstanding 21.99%. Thursday session broke a read streak of 4 days. On Aug/14 SPTN plummed a hair-raising -5.26%.

SpartanNash Company distributes and retails grocery products. It operates in three segments: Food Distribution, Military, and Retail.

Should I buy SPTN stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, SpartanNash stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean SPTN will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is SpartanNash stock a buy?

Financial institutions and banks publish stock ratings everyday. At Stocks2.com, we collected 10 ratings published for SPTN stock in the last 30 days.

The general sentiment of these ratings is bearish for SPTN stock, with 6 negative ratings.
Is SPTN a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-2BMO Capital MarketsMarket PerformUnderperform
2019-8-15Pivotal ResearchSellHold
2019-8-13Barclaysn/aUnderweight
2019-6-25Loop Capitaln/aBuy
2019-6-11Pivotal ResearchSellSell
2019-5-21Barclaysn/aUnderweight
2019-3-12BarclaysEqual WeightUnderweight
2019-2-21Pivotal ResearchSellSell
2019-1-9Barclaysn/aHold
2019-1-10Royal Bank of Canadan/aOutperform

SPTN stock analysis

Daily outlook

After sliding for 4 sessions, Thursday SpartanNash raised a slightly fine 0.54%, closing at $11.20.

After sliding for 4 sessions, Thursday SpartanNash raised a slightly fine 0.54%, closing at $11.20. Since price and SMA50d lines crossed up on Aug/15, SPTN climbed $2.26 (25.28%).

SPTN stock chart (daily)

Weekly outlook

After boosting an amazing 12.62% in a week last week, SpartanNash closed this week at $11.20 and slightly fell a tragic -1.84%. Late July SPTN plunged a bloodcurdling -24.15% in just one week.

Since mid February, when SPTN stock price broke down the 40-weeks moving avarage line, it slid $-9.98 per share (-47.12%). Stocks under the 40w moving average line are usually not recommended for average traders.

SPTN stock chart (weekly)

SPTN stock price history

SPTN stock went public on August 2nd, 2000 with a price of $8.511. Since then, SPTN stock grew a 31.60%, with an average of 1.70% per year. If you had invested right after SPTN's IPO a $1,000 in SPTN stock in 2000, it would worth $316.00 today.

1: Adjusted price after possible price splits or reverse-splits.

SPTN stock historical price chart

SPTN stock reached 52-week highs on November at $22.15, and all-time highs 2017-01-11 with a price of 37.02.

SPTN stock price target is $11.90

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We detected 8 price forecasts for SPTN stock published in the last month:
SPTN stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-2BMO Capital MarketsDowngrades$13.00$8.00-38.5%
2019-8-15Pivotal ResearchUpgrades$10.00$9.00-10%
2019-8-13BarclaysLowers Target$13.00$8.00-38.5%
2019-6-25Loop CapitalInitiatesn/a$15.00-
2019-6-11Pivotal ResearchReiterates$12.00$10.00-16.7%
2019-5-21BarclaysLowers Target$15.00$13.00-13.3%
2019-2-21Pivotal ResearchReiterates$14.00$12.00-14.3%
2019-1-9BarclaysReiteratesn/a$20.00-
(in average)$12.80$11.90-7.0%
The price target for SpartanNash stock is $11.90, moving in a range between $20.00 and $8.00. In average, analysts' outlook on SPTN price forecast is negative, downgrading the target by a -7.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

SpartanNash failed experts on February when it reported an Earnings per Share (EPS) of $0.32 when the analysts' forecast was $0.39.
SPTN earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/a0.49n/a
2017-Q32017-11-080.540.540.0%
2017-Q42018-02-210.420.41-2.4%
2018-Q12018-05-290.540.551.9%
2018-Q22018-08-150.570.5-12.3%
2018-Q32018-11-070.50.50.0%
2018-Q42019-02-200.390.32-17.9%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, SpartanNash annual revenues gained a tiny 1.27% to $8,064.55 M USD from $7,963.80 marked in 2017. When comparing 2018 vs 2017, aligned with this, profit margin (that is, the net income divided by revenues) appreciated a 1.08% to 0.42%.

SPTN annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$2,600 M-$1.20 M0.0%-
2014$7,916 M204.46%$59 M0.7%4,783.00%
2015$7,652 M-3.34%$63 M0.8%7.02%
2016$7,735 M1.08%$57 M0.7%-9.38%
2017$7,964 M2.96%$-52.85 M-0.7%-192.99%
2018$8,065 M1.27%$34 M0.4%-163.53%

Quarterly financial results

SpartanNash reported $1,896.80 million in revenues for 2018-Q4, a 0.53% improvement compared to previous quarter. Reported quarter earnings marked $-14.01 million with a profit margin of -0.74%. Profit margin slightly fell a -1.66% compared to previous quarter when profit margin was 0.93%. When comparing sales to same quarter last year, SpartanNash sales marked a fateful correction and slipped a -7.46%.
SPTN quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$2,400 M-$15 M0.6%-
2017-Q3$1,907 M-20.56%$-124 M-6.5%-935.06%
2017-Q4$2,050 M7.51%$35 M1.7%-128.02%
2018-Q1$2,385 M16.36%$12 M0.5%-64.33%
2018-Q2$1,896 M-20.51%$18 M0.9%43.98%
2018-Q3$1,887 M-0.49%$17 M0.9%-1.73%
2018-Q4$1,897 M0.53%$-14 M-0.7%-180.21%

SpartanNash ownership

When you are planning to buy shares of a stock, it's worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For SpartanNash, 2.91% of all outstanding shares are owned by its staff.

Bearish positions for SPTN stock account 0.00%, no big difference from last month.

For a better context understanding, the next table shows ownership data compared to other related companies:

SPTNCHEFCOREDITSYY
Market cap$406.7 M$1.2 B$1.5 B$50.7 M$37.7 B
Total shares36.3 M29.9 M45.9 M0.6 M514.0 M
Float shares35.1 M24.9 M44.9 M0.2 M512.7 M
  - Institutional holdings (%)89.1%87.6%93.9%14.6%81.7%
  - Insider holdings (%)2.9%16.3%2.4%58.9%0.2%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

SPTN summary

Thursday, August 22nd, 2019
Open$11.23
Close$11.20
Day range$11.13 - $11.43
Previous close$11.14
Session gain0.54%
Average true range$0.66
50d mov avg$11.11
100d mov avg$12.90
200d mov avg$15.53
Daily pattern
Weekly pattern lb06a

SpartanNash performance

To better understand SpartanNash performance you must compare its gains with other related stocks in same sector or industry. In the following table, we compare SpartanNash to The Chefs' Warehouse, Core-Mark, AMCON Distributing, Sysco, United Natural Foods, Village Super Market, G. Willi-Food International and Weis Markets:
Stock3m6m12m
SPTNSpartanNash-11.81%-40.43%-45.37%
CHEFThe Chefs' Wa...14.70%21.73%35.85%
CORECore-Mark-14.64%4.81%-7.18%
DITAMCON Distributin...1.60%-5.31%-16.14%
SYYSysco-1.81%10.09%-1.07%
UNFIUnited Natural Fo...-28.82%-44.82%-76.64%
VLGEAVillage Super Mar...-8.71%-17.78%-10.75%
WILCG. Willi-Food Int...10.70%26.67%51.45%
WMKWeis Markets2.83%-23.09%-17.40%

SpartanNash competitors

One check before trading any stock is to review a list of its competitors, in this case for SpartanNash. We picked 8 companies as SpartanNash competitors as they are in the same industry or have similar market objectives.