SpartanNash Co (NASDAQ: SPTN) is 42.13% higher on its value in year-to-date trading and has touched a low of $17.30 and a high of $26.65 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SPTN stock was last observed hovering at around $26.57 in the last trading session, with the day’s gains setting it 436.37%.
Currently trading at $462.94K, the stock is 36.06% and 35.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.54 million and changing 4535302% at the moment leaves the stock 33.65% off its SMA200. SPTN registered 44.38% gain for a year compared to 6-month loss of 36.69%. The firm has a 50-day simple moving average (SMA 50) of $19.5146 and a 200-day simple moving average (SMA200) of $19.7898.
The stock witnessed a 39.50% gain in the last 1 month and extending the period to 3 months gives it a 35.29%, and is 47.03% up 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 20.72% over the week and 9.91% over the month.
SpartanNash Co (SPTN) has around 19000 employees, a market worth around $895.33M and $9.65B in sales. Fwd P/E is 14.89. Profit margin for the company is -0.11%. Distance from 52-week low is 52.93% and -0.75% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.59%).
The EPS is expected to shrink by -15.94% this year.
SpartanNash Co (SPTN) Top Institutional Holders
293.0 institutions hold shares in SpartanNash Co (SPTN), with institutional investors hold 90.33% of the company’s shares. The shares outstanding are 33.86M, and float is at 33.23M with Short Float at 4.19%. Institutions hold 88.92% 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 17.4439% 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 9.4393 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 2.58 million shares representing 7.7018% and valued at over $48.47 million, while STATE STREET CORP holds 4.1308 of the shares totaling 1.39 million with a market value of $26.0 million.
