Fred's, Inc. (FRED) Analysts See $-0.04 EPS

March 15, 2018 - By Linda Rogers

 Fred's, Inc. (FRED) Analysts See $ 0.04 EPS
Investors sentiment increased to 1.56 in Q3 2017. Its up 0.60, from 0.96 in 2017Q2. It increased, as 12 investors sold Fred's, Inc. shares while 29 reduced holdings. 31 funds opened positions while 33 raised stakes. 34.64 million shares or 7.29% less from 37.37 million shares in 2017Q2 were reported.
Adage Capital Prtn Gp Ltd Liability Company has invested 0.02% of its portfolio in Fred's, Inc. (NASDAQ:FRED). Moreover, Vanguard Group Inc Inc has 0% invested in Fred's, Inc. (NASDAQ:FRED) for 2.53M shares. Sg Americas Secs Ltd Com has invested 0% in Fred's, Inc. (NASDAQ:FRED). Covington Management reported 0% of its portfolio in Fred's, Inc. (NASDAQ:FRED). Great West Life Assurance Can has invested 0% of its portfolio in Fred's, Inc. (NASDAQ:FRED). Moreover, United Svcs Automobile Association has 0.01% invested in Fred's, Inc. (NASDAQ:FRED) for 522,070 shares. Balyasny Asset Mngmt Lc reported 75,000 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 492 shares in its portfolio. Pinebridge Lp reported 0% of its portfolio in Fred's, Inc. (NASDAQ:FRED). D E Shaw & reported 0% in Fred's, Inc. (NASDAQ:FRED). Principal Finance Group reported 269,610 shares. Virtu Financial Limited stated it has 34,126 shares or 0% of all its holdings. Gam Hldgs Ag holds 0.31% or 1.13M shares. California Pub Employees Retirement Systems owns 260,544 shares for 0% of their portfolio. Bridgeway invested 0.02% in Fred's, Inc. (NASDAQ:FRED).

Since December 13, 2017, it had 1 buying transaction, and 0 selling transactions for $334,900 activity.

Analysts expect Fred's, Inc. (NASDAQ:FRED) to report $-0.04 EPS on April, 5.They anticipate $0.07 EPS change or 63.64 % from last quarter’s $-0.11 EPS. After having $-0.42 EPS previously, Fred's, Inc.’s analysts see -90.48 % EPS growth. The stock decreased 4.59% or $0.14 during the last trading session, reaching $2.91. About 1.34 million shares traded or 33.76% up from the average. Fred's, Inc. (NASDAQ:FRED) has risen 3.21% since March 15, 2017 and is uptrending. It has underperformed by 13.49% the S&P500.

Fred's, Inc. (NASDAQ:FRED) Ratings Coverage

Among 6 analysts covering Fred’s (NASDAQ:FRED), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. Fred’s had 16 analyst reports since August 7, 2015 according to SRatingsIntel. M Partners maintained Fred's, Inc. (NASDAQ:FRED) rating on Monday, August 31. M Partners has “Neutral” rating and $14 target. The stock has “Buy” rating by Sidoti on Friday, October 7. The firm earned “Underperform” rating on Wednesday, August 31 by Stephens. The stock has “Buy” rating by Sidoti on Tuesday, February 7. The stock has “Neutral” rating by M Partners on Wednesday, November 25. The stock of Fred's, Inc. (NASDAQ:FRED) earned “Neutral” rating by Sidoti on Tuesday, December 20. The company was maintained on Thursday, June 29 by Deutsche Bank. The firm has “Overweight” rating by Stephens given on Friday, August 7. As per Thursday, August 24, the company rating was initiated by Loop Capital Markets. The stock of Fred's, Inc. (NASDAQ:FRED) has “Hold” rating given on Monday, October 16 by SunTrust.

Fred's, Inc., together with its subsidiaries, sells general merchandise through its retail discount stores and full service pharmacies. The company has market cap of $111.25 million. The company, through its stores, offers household cleaning supplies, health products, beauty and personal care products, disposable diapers, pet foods, paper products, various food and beverage products, and pharmaceuticals to low, middle, and fixed income families in small- to medium- sized towns. It currently has negative earnings. It also sells general merchandise to franchised Fred's stores.

More important recent Fred's, Inc. (NASDAQ:FRED) news were published by: which released: “KU provost joins public company’s board of directors” on February 28, 2018, also published article titled: “Fred’s adds to ranks of female board members with appointment of KU provost”, published: “Fred’s, Inc. Announces Appointment of Neeli Bendapudi to its Board of Directors” on February 27, 2018. More interesting news about Fred's, Inc. (NASDAQ:FRED) was released by: and their article: “Can Strategic Efforts Aid Fred’s to Achieve a Turnaround?” with publication date: March 14, 2018.

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