Jerónimo Martins, SGPS (OTCMKTS:JRONY) Rating Increased to Strong Sell at BNP Paribas

Jerónimo Martins, SGPS (OTCMKTS:JRONY - Get Free Report) was upgraded by equities research analysts at BNP Paribas to a "strong sell" rating in a research report issued to clients and investors on Friday, Zacks.com reports.

Jerónimo Martins, SGPS Trading Down 1.9 %

Shares of JRONY stock traded down $0.71 during trading hours on Friday, reaching $35.89. 8,798 shares of the stock traded hands, compared to its average volume of 17,391. The company has a quick ratio of 0.30, a current ratio of 0.55 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $11.29 billion, a PE ratio of 14.59, a PEG ratio of 5.42 and a beta of 0.65. Jerónimo Martins, SGPS has a 1-year low of $32.68 and a 1-year high of $51.83. The business has a fifty day moving average price of $37.43 and a 200 day moving average price of $39.65.

Jerónimo Martins, SGPS (OTCMKTS:JRONY - Get Free Report) last issued its quarterly earnings results on Wednesday, July 24th. The company reported $0.56 earnings per share for the quarter, missing analysts' consensus estimates of $0.58 by ($0.02). The business had revenue of $8.86 billion for the quarter. Jerónimo Martins, SGPS had a net margin of 2.02% and a return on equity of 22.10%. On average, equities research analysts forecast that Jerónimo Martins, SGPS will post 2.3 EPS for the current year.

About Jerónimo Martins, SGPS

Jerónimo Martins, SGPS, SA operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates food stores under the Biedronka name; and a chain of health and beauty stores under the Hebe banner in Poland, as well as food stores under the Ara name in Colombia.