Price Action Don’t Lie: Can Smart & Final Stores Inc’s Tomorrow be Different? The Stock Declines Again

Price Action Don't Lie: Can Smart & Final Stores Inc's Tomorrow be Different? The Stock Declines Again

The stock of Smart & Final Stores Inc (NYSE:SFS) is a huge mover today! The stock decreased 3.58% or $0.5 on November 16, hitting $13.45. About 438,826 shares traded hands or 60.92% up from the average. Smart & Final Stores Inc (NYSE:SFS) has declined 9.51% since April 14, 2016 and is downtrending. It has underperformed by 14.19% the S&P500.
The move comes after 9 months negative chart setup for the $1.02B company. It was reported on Nov, 16 by Barchart.com. We have $12.51 PT which if reached, will make NYSE:SFS worth $71.40M less.

Smart & Final Stores Inc (NYSE:SFS) Ratings Coverage

Out of 5 analysts covering Smart & Final Stores (NYSE:SFS), 1 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 20% are positive. Smart & Final Stores has been the topic of 7 analyst reports since October 2, 2015 according to StockzIntelligence Inc. The stock has “Perform” rating given by Oppenheimer on Friday, October 2. As per Tuesday, January 26, the company rating was initiated by BB&T Capital. The firm earned “Equal Weight” rating on Friday, September 23 by Barclays Capital. Citigroup maintained the shares of SFS in a report on Tuesday, August 2 with “Neutral” rating. Morgan Stanley downgraded the stock to “Underweight” rating in Tuesday, August 16 report. The stock of Smart & Final Stores Inc (NYSE:SFS) has “Overweight” rating given on Tuesday, October 6 by Barclays Capital.

According to Zacks Investment Research, “Smart & Final Stores, Inc. is a value-oriented food and everyday staples retailer that serves household and business customers. It operates grocery and foodservice stores under the Smart & Final, Smart & Final Extra! and Cash & Carry Smart Foodservice banners in California, Oregon, Washington, Arizona, Nevada, Idaho. The Company’s stores offer various products, including basic grocery, produce, dairy, meat, beverage, foodservice, packaging, and janitorial items. Smart & Final Stores, Inc. is headquartered in Los Angeles.”

Insitutional Activity: The institutional sentiment decreased to 1.15 in 2016 Q2. Its down 0.20, from 1.35 in 2016Q1. The ratio is negative, as 10 funds sold all Smart & Final Stores Inc shares owned while 31 reduced positions. 10 funds bought stakes while 37 increased positions. They now own 72.70 million shares or 2.32% more from 71.05 million shares in 2016Q1.
Ameriprise Finance Inc has 101,383 shares for 0% of their US portfolio. Walleye Trading Ltd Liability Corporation has 2,200 shares for 0% of their US portfolio. Bnp Paribas Arbitrage holds 1,454 shares or 0% of its portfolio. The Florida-based Independent Port Consultants has invested 0.05% in Smart & Final Stores Inc (NYSE:SFS). Kalmar Invests Incorporated De has 0.78% invested in the company for 1.19M shares. Next Fincl Grp holds 0.01% or 1,200 shares in its portfolio. Jpmorgan Chase And has 0% invested in the company for 99,181 shares. Mufg Americas owns 700 shares or 0% of their US portfolio. Morgan Stanley, a New York-based fund reported 321,046 shares. Moreover, Wellington Mngmt Gru Llp has 0.01% invested in Smart & Final Stores Inc (NYSE:SFS) for 2.42M shares. D E Shaw And holds 0.01% of its portfolio in Smart & Final Stores Inc (NYSE:SFS) for 300,204 shares. Teacher Retirement Of Texas last reported 0% of its portfolio in the stock. Goldman Sachs Grp reported 37,423 shares or 0% of all its holdings. Tyvor Cap Ltd holds 2.22% or 469,818 shares in its portfolio. Blackrock Institutional Company Na owns 591,412 shares or 0% of their US portfolio.

Insider Transactions: Since June 2, 2016, the stock had 0 buys, and 5 sales for $3.83 million net activity. $596,527 worth of Smart & Final Stores Inc (NYSE:SFS) was sold by Hirz David G.. Drew Scott R. sold $374,193 worth of Smart & Final Stores Inc (NYSE:SFS) on Friday, July 1.

More notable recent Smart & Final Stores Inc (NYSE:SFS) news were published by: Prnewswire.com which released: “Bloom Ads Wins Over Smart & Final Stores” on November 15, 2016, also Marketwatch.com with their article: “Smart & Final Stores started at equal weight with $13 stock price target at …” published on November 21, 2013, Prnewswire.com published: “Smart & Final Stores, Inc. Reports Second Quarter 2016 Financial Results” on July 28, 2016. More interesting news about Smart & Final Stores Inc (NYSE:SFS) were released by: Quotes.Wsj.com and their article: “News Smart & Final Stores Inc.SFS” published on September 19, 2014 as well as Prnewswire.com‘s news article titled: “Smart & Final Stores, Inc. Announces Approval of Acquisition of 32 Haggen …” with publication date: November 30, 2015.

SFS Company Profile

Smart & Final Stores, Inc., incorporated on October 5, 2012, is a food retailer. The Firm serves household and business clients through approximately two store banners, including Smart & Final and Cash & Carry. The Firm operates through two business divisions: Smart & Final and Cash & Carry. The Smart & Final segment is based in Commerce, California and includes over 90 legacy Smart & Final stores and approximately 130 Extra! format stores, which focus on household and business clients and are located in California, Arizona and Nevada. The Cash & Carry segment is based in Portland, Oregon and includes over 50 Cash & Carry stores, which focus primarily on business clients and are located in Washington, Oregon, Northern California, Idaho and Nevada.

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