SpartanNash Co (NASDAQ: SPTN) is -19.39% lower on its value in year-to-date trading and has touched a low of $17.74 and a high of $24.51 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SPTN stock was last observed hovering at around $18.35 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $18.52, the stock is -3.31% and -6.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing 0.93% at the moment leaves the stock -7.73% off its SMA200. SPTN registered -19.70% loss for a year compared to 6-month gain of -0.27%. The firm has a 50-day simple moving average (SMA 50) of $19.888 and a 200-day simple moving average (SMA200) of $20.07995.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -1.39% loss in the last 1 month and extending the period to 3 months gives it a -15.76%, and is -4.69% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.82% over the week and 2.50% over the month.
SpartanNash Co (SPTN) has around 17000 employees, a market worth around $624.46M and $9.53B in sales. Current P/E ratio is 13.93 and Fwd P/E is 9.32. Profit margin for the company is 0.48%. Distance from 52-week low is 4.40% and -24.44% from its 52-week high. The company has generated returns on investments over the last 12 months (2.75%).
with sales reaching $2.25B over the same period.The EPS is expected to shrink by -11.85% this year, but quarterly earnings will post -2.03% year-over-year. Quarterly sales are estimated to grow 0.31% in year-over-year returns.
SpartanNash Co (SPTN) Top Institutional Holders
307.0 institutions hold shares in SpartanNash Co (SPTN), with institutional investors hold 87.61% of the company’s shares. The shares outstanding are 33.76M, and float is at 33.24M with Short Float at 2.49%. Institutions hold 86.35% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 5.85 million shares valued at $109.78 million. The investor’s holdings represent 17.2004% of the SPTN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.17 million shares valued at $59.4 million to account for 9.3075 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 2.58 million shares representing 7.5943% and valued at over $48.47 million, while STATE STREET CORP holds 4.0731 of the shares totaling 1.39 million with a market value of $26.0 million.
SpartanNash Co (SPTN) Insider Activity
The most recent transaction is an insider purchase by MacPherson Kerrie D., the company’s Director. SEC filings show that MacPherson Kerrie D. bought 1,000 shares of the company’s common stock on Jun 07 ’24 at a price of $19.45 per share for a total of $19450.0. Following the purchase, the insider now owns 4739.0 shares.
SpartanNash Co disclosed in a document filed with the SEC on Mar 15 ’24 that VOSS WILLIAM R (Director) sold a total of 16,439 shares of the company’s common stock. The trade occurred on Mar 15 ’24 and was made at $19.84 per share for $0.33 million. Following the transaction, the insider now directly holds 15248.0 shares of the SPTN stock.
Still, SEC filings show that on Feb 28 ’24, Proctor Hawthorne L. (Director) disposed off 4,700 shares at an average price of $20.81 for $97807.0. The insider now directly holds 25,488 shares of SpartanNash Co (SPTN).
