Analysts See $0.35 EPS for SUPERVALU INC. (SVU)

September 17, 2017 - By Marie Mckinney

 Analysts See $0.35 EPS for SUPERVALU INC. (SVU)
Investors sentiment increased to 1.21 in 2016 Q4. Its up 0.23, from 0.98 in 2016Q3. It improved, as 28 investors sold SUPERVALU INC. shares while 67 reduced holdings. 38 funds opened positions while 77 raised stakes. 217.32 million shares or 2.18% less from 222.17 million shares in 2016Q3 were reported.
West Oak Lc invested in 0% or 2,600 shares. Ny State Common Retirement Fund holds 0% or 271,300 shares in its portfolio. Georgia-based Voya Investment Mngmt Limited Liability Company has invested 0% in SUPERVALU INC. (NYSE:SVU). D E Shaw invested in 146,468 shares. Oz Limited Partnership reported 0.01% in SUPERVALU INC. (NYSE:SVU). Acadian Asset Management invested in 0% or 85,725 shares. Next Grp Incorporated Incorporated has invested 0% in SUPERVALU INC. (NYSE:SVU). Highbridge Capital Ltd Liability holds 0.01% or 160,535 shares in its portfolio. The New York-based Bluemountain Mgmt Limited Liability Corporation has invested 0.17% in SUPERVALU INC. (NYSE:SVU). Bnp Paribas Arbitrage Sa invested in 87,706 shares. 1.66 million were accumulated by Invesco. Bancshares Of The West stated it has 15,000 shares. Old Mutual Customised Solutions (Proprietary) Ltd reported 26,500 shares. Allianz Asset Mgmt Ag reported 2.40 million shares. Federated Invsts Inc Pa invested in 218,774 shares.

Investors wait SUPERVALU INC. (NYSE:SVU) to report on October, 18. its quarterly earnings Wall Street analysts expect $0.35 EPS, down $0.35 or 50.00 % from last year’s $0.7 same quarter earnings. This translates into $13.43M profit for SVU giving the stock a 14.79 P/E. This is assuming the current $0.35 EPS is accurate. SUPERVALU INC.’s Wall Street analysts see -44.44 % negative EPS growth, taking into account the $0.63 EPS reproted in the previous quarter, The stock increased 3.19% or $0.64 on September 15, reaching $20.71. About 1.03 million shares traded or 34.18% up from the average. SUPERVALU INC. (NYSE:SVU) has declined 12.69% since September 17, 2016 and is downtrending. It has underperformed by 29.39% the S&P500.

SUPERVALU INC. (NYSE:SVU) Ratings Coverage

Among 6 analysts covering Supervalu Inc. (NYSE:SVU), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Supervalu Inc. had 24 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of SUPERVALU INC. (NYSE:SVU) has “Buy” rating given on Friday, April 28 by RBC Capital Markets. Pivotal Research maintained it with “Buy” rating and $42.0 target in Wednesday, August 23 report. Pivotal Research maintained the stock with “Buy” rating in Monday, July 24 report. Credit Suisse upgraded the stock to “Hold” rating in Wednesday, April 12 report. RBC Capital Markets maintained SUPERVALU INC. (NYSE:SVU) rating on Thursday, January 14. RBC Capital Markets has “Sector Perform” rating and $7 target. The stock of SUPERVALU INC. (NYSE:SVU) earned “Equal Weight” rating by Morgan Stanley on Wednesday, July 29. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, May 30. Telsey Advisory Group downgraded SUPERVALU INC. (NYSE:SVU) rating on Thursday, January 14. Telsey Advisory Group has “Market Perform” rating and $6 target. The rating was maintained by Telsey Advisory Group with “Market Perform” on Friday, September 9. As per Thursday, January 14, the company rating was maintained by Pivotal Research.

Supervalu Inc. is a wholesale distributor to independent retail clients across the United States. The company has market cap of $794.38 million. The Company’s divisions include Wholesale and Retail. It has a 53.52 P/E ratio. The Firm offers a range of advertised brand name and private-label products, including grocery , general merchandise and home, health and beauty care, and pharmacy, which are sold through Company-operated and licensed Retail stores to shoppers and through its Wholesale segment to independent retail customers.

More recent SUPERVALU INC. (NYSE:SVU) news were published by: Fool.com which released: “Why SuperValu Inc. Stock Dropped 20% in August” on September 05, 2017. Also Bizjournals.com published the news titled: “Supervalu will begin offering tech services to independent grocers” on August 31, 2017. Nasdaq.com‘s news article titled: “SUPERVALU’s (SVU) Focus on Wholesale Business Bodes Well” with publication date: September 06, 2017 was also an interesting one.

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