Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on SpartanNash Company (NASDAQ:SPTN) due to its excellent fundamentals in more than one area. SPTN is a well-regarded dividend-paying company that has been a rockstar for income investors, currently trading at an attractive share price. In the following section, I expand a bit more on these key aspects. If you’re interested in understanding beyond my high-level commentary, read the full report on SpartanNash here.
6 star dividend payer and undervalued
SPTN’s shares are now trading at a price below its true value based on its discounted cash flows, indicating a relatively pessimistic market sentiment. According to my intrinsic value of the stock, which is driven by analyst consensus forecast of SPTN’s earnings, investors now have the opportunity to buy into the stock to reap capital gains. Compared to the rest of the consumer retailing industry, SPTN is also trading below its peers, relative to earnings generated. This bolsters the proposition that SPTN’s price is currently discounted.
Income investors would also be happy to know that SPTN is one of the highest dividend payers in the market, with current dividend yield standing at 3.8%. SPTN has also been regularly increasing its dividend payments to shareholders over the past decade.
For SpartanNash, I’ve put together three relevant aspects you should look at:
- Future Outlook: What are well-informed industry analysts predicting for SPTN’s future growth? Take a look at our free research report of analyst consensus for SPTN’s outlook.
- Historical Performance: What has SPTN’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of SPTN? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at firstname.lastname@example.org.