|Bid||46.86 x 800|
|Ask||46.90 x 800|
|Day's Range||46.80 - 47.34|
|52 Week Range||29.53 - 52.69|
|PE Ratio (TTM)||15.29|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The Organic Trade Association’s annual survey of the U.S. food marketplace showed a record $45.2 billion in sales of organics in 2017, up 6.4% from a year earlier. Conventional food sales eked out a 1.1% gain. Some companies, including United Natural Foods and Sprouts, are growing rapidly as consumers prefer healthier and tastier foods.
While a loss-making company with a negative price-to-earnings ratio falls out of investor favor, price-to-sales could indicate the hidden strength of its business. A stock’s price-to-sales ratio reflects how much investors are paying for each dollar of revenues generated by the company. If the price-to-sales ratio is 1, it means that investors are paying $1 for every $1 of revenues generated by the company.
AB InBev (BUD) anticipates delivering strong top-line growth for 2018, backed by solid brand performances and robust commercial plans. However, a soft outlook for the first quarter remains a hurdle.
SuperValu (SVU), which reported its fiscal 4Q18 results on April 24, reported adjusted earnings per share (or EPS) from continuing operations of $0.61. On average, analysts had predicted adjusted EPS of $0.78 for its fiscal 4Q18 earnings. Gross margin falls yet again
Though Supervalu’s (SVU) stock has delivered below-average performance this year, Wall Street believes there’s scope for revival. Analysts, on average, are expecting a 69% rise in SVU’s stock price over the next 12 months. The company, which was trading at $14.54 as of April 19, has been assigned a target price of $24.56. Individual target prices range between $14 and $55.
Supervalu’s (SVU) stock has failed to please investors for quite some time now. Poor financial performance and growing pessimism for the food retailer after Amazon’s entry into the space have been some of the key reasons behind SVU’s share price decline. It was reported on April 6 that the company is exploring the possibility of a potential sale after facing pressure from activist shareholders, including Blackwells Capital LLC. SVU’s share price soared on the news and closed 9.3% higher on April 6.
Supervalu (SVU) is slated to report its 4Q18 results on April 24. It’s likely to post a 14% YoY (year-over-year) decline in earnings per share (or EPS). The company’s gross margin is likely to contract further, by ~280 basis points to 12.1% in 4Q18.
Zacks.com featured highlights include: United Natural, Rocky, ArcelorMittal, Daqo New Energy and Nippon Telegraph
Zacks.com featured highlights include: United Natural, Western Digital, Conduent, ArcBest and Cabot
McCormick (MKC) delivers robust first-quarter fiscal 2018 results, which gains from acquisitions, well-chalked product strategies and savings initiatives.
United Natural (UNFI) gains from increasing consumer demand in its sales channels. This led management to provide optimistic view for fiscal 2018.
Zacks.com highlights: United Natural Foods, Universal Forest Products, Rocky Brands, AllianceBernstein Holding and Volkswagen AG
Pinnacle Foods' market share gains from its well-planned buyouts. Its cost-saving efforts are also yielding well. However, rising costs and sluggish Specialty segment remain woes.