For its second fiscal quarter (ending June 30), SpartanNash Co (NASDAQ: SPTN) has reported E.P.S. of $0.34 compared to $0.57 a year ago. E.P.S. were $1.35 for the latest four quarters through June 30 versus $1.19 for the same period a year ago.
Recent Price Action
SpartanNash Co (NASDAQ: SPTN) stock closed at $20.34 on 8/15/24 after a large increase of 4.0%. Moreover, unusually high trading volume at 191% of normal accompanied the advance. The stock has risen 4.2% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
SPTN is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
SpartanNash has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR's two proprietary measures of a stock's attractiveness. SpartanNash has a slightly positive Appreciation Score of 69 but a very low Power Rating of 15, leading to the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.