Smart & Final Gets a Hold Rating from Oppenheimer


Oppenheimer analyst Rupesh Parikh maintained a Hold rating on Smart & Final (NYSE: SFS) yesterday. The company’s shares closed yesterday at $5.30, close to its 52-week low of $4.45.

According to TipRanks.com, Parikh is a 5-star analyst with an average return of 16.0% and a 62.0% success rate. Parikh covers the Services sector, focusing on stocks such as Blue Apron Holdings Inc, United Natural Foods, and Wal-Mart Stores Inc.

Smart & Final has an analyst consensus of Hold, with a price target consensus of $6.

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Based on Smart & Final’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $7.09 million. In comparison, last year the company had a GAAP net loss of $4.59 million.

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SFS in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Smart & Final Stores, Inc. is a value-oriented food and everyday staples retailer that serves household and business customers. The company operates through following segments: Smart & Final and Cash & Carry. The Smart and Final segment focuses on both household and business customers.

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