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

March 14, 2018 - By Ellis Scott

 Fred's, Inc. (FRED) Analysts See $ 0.04 EPS
Investors sentiment increased to 1.56 in 2017 Q3. Its up 0.60, from 0.96 in 2017Q2. It improved, 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.
Tower Rech Capital (Trc) has 0% invested in Fred's, Inc. (NASDAQ:FRED) for 120 shares. Nwq Invest Management Llc, California-based fund reported 3.57M shares. State Of Alaska Department Of Revenue reported 0% of its portfolio in Fred's, Inc. (NASDAQ:FRED). Geode Management Lc holds 389,018 shares or 0% of its portfolio. Mason Street Limited Liability Corp holds 9,055 shares. Oarsman Cap has invested 0.04% in Fred's, Inc. (NASDAQ:FRED). Smithfield Trust reported 2,647 shares or 0% of all its holdings. Deutsche Comml Bank Ag reported 125,371 shares. Barrow Hanley Mewhinney And Strauss Limited Liability has 0% invested in Fred's, Inc. (NASDAQ:FRED). Lorber David A invested 0.47% in Fred's, Inc. (NASDAQ:FRED). Tiaa Cref Inv Management Limited Liability Com holds 0% of its portfolio in Fred's, Inc. (NASDAQ:FRED) for 92,874 shares. Swiss Natl Bank stated it has 60,600 shares. Fny Managed Accounts Ltd Llc owns 4,000 shares for 0.03% of their portfolio. Oz Management Ltd Partnership holds 0% in Fred's, Inc. (NASDAQ:FRED) or 61,900 shares. Bluecrest Cap Mngmt Ltd holds 44,992 shares or 0.01% of its portfolio.

Since December 13, 2017, it had 1 buy, and 0 insider sales 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 0.97% or $0.03 during the last trading session, reaching $3.05. About 788,900 shares traded. Fred's, Inc. (NASDAQ:FRED) has risen 3.21% since March 14, 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. Deutsche Bank maintained the stock with “Hold” rating in Wednesday, November 2 report. The firm has “Buy” rating given on Friday, October 7 by Sidoti. Sidoti upgraded the shares of FRED in report on Tuesday, February 7 to “Buy” rating. The firm has “Hold” rating by SunTrust given on Monday, October 16. On Thursday, June 29 the stock rating was maintained by Deutsche Bank with “Hold”. Deutsche Bank maintained Fred's, Inc. (NASDAQ:FRED) on Wednesday, August 31 with “Sell” rating. M Partners maintained the stock with “Neutral” rating in Wednesday, November 25 report. Stephens downgraded Fred's, Inc. (NASDAQ:FRED) on Wednesday, August 31 to “Underperform” rating. Deutsche Bank maintained it with “Hold” rating and $15 target in Tuesday, May 31 report. Loop Capital Markets initiated the stock with “Hold” rating in Thursday, August 24 report.

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 $116.60 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 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 the news titled: “Fred’s, Inc. Announces Appointment of Neeli Bendapudi to its Board of Directors” on February 27, 2018.‘s news article titled: “Fred’s adds to ranks of female board members with appointment of KU provost” with publication date: February 28, 2018 was also an interesting one.

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