SPTN stock: buy or sell?
August 22nd, 2019
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-2||BMO Capital Markets||Market Perform||Underperform|
|2019-1-10||Royal Bank of Canada||n/a||Outperform|
SPTN stock analysis
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%).
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 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 $11.90Predicting 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-2||BMO Capital Markets||Downgrades||$13.00||$8.00||-38.5%|
Financials and fundamental analysis
Earnings date and Earnings per ShareSpartanNash failed experts on February when it reported an Earnings per Share (EPS) of $0.32 when the analysts' forecast was $0.39.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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%.
|2013||$2,600 M||-||$1.20 M0.0%||-|
|2014||$7,916 M||204.46%||$59 M0.7%||4,783.00%|
|2015||$7,652 M||-3.34%||$63 M0.8%||7.02%|
|2016||$7,735 M||1.08%||$57 M0.7%||-9.38%|
|2017||$7,964 M||2.96%||$-52.85 M-0.7%||-192.99%|
|2018||$8,065 M||1.27%||$34 M0.4%||-163.53%|
Quarterly financial resultsSpartanNash 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%.
|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 M||7.51%||$35 M1.7%||-128.02%|
|2018-Q1||$2,385 M||16.36%||$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||$1,897 M||0.53%||$-14 M-0.7%||-180.21%|
SpartanNash ownershipWhen 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:
|Market cap||$406.7 M||$1.2 B||$1.5 B||$50.7 M||$37.7 B|
|Total shares||36.3 M||29.9 M||45.9 M||0.6 M||514.0 M|
|Float shares||35.1 M||24.9 M||44.9 M||0.2 M||512.7 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Thursday, August 22nd, 2019|
|Day range||$11.13 - $11.43|
|Average true range||$0.66|
|50d mov avg||$11.11|
|100d mov avg||$12.90|
|200d mov avg||$15.53|
SpartanNash performanceTo 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:
|CHEFThe Chefs' Wa...||14.70%||21.73%||35.85%|
|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%|