SpartanNash (NASDAQ:SPTN - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.600-1.850 for the period, compared to the consensus EPS estimate of 1.950. The company issued revenue guidance of $9.8 billion-$10.0 billion, compared to the consensus revenue estimate of $9.7 billion.
SpartanNash Stock Down 2.3 %
SpartanNash stock traded down $0.47 during mid-day trading on Friday, reaching $20.33. 397,477 shares of the company were exchanged, compared to its average volume of 218,236. The business has a fifty day moving average of $18.58 and a 200 day moving average of $20.01. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.83 and a current ratio of 1.62. The firm has a market cap of $686.34 million, a P/E ratio of 15.29 and a beta of 0.34. SpartanNash has a 12-month low of $17.30 and a 12-month high of $23.00.
SpartanNash (NASDAQ:SPTN - Get Free Report) last posted its earnings results on Wednesday, February 12th. The company reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.09. SpartanNash had a return on equity of 8.57% and a net margin of 0.48%. During the same quarter last year, the company earned $0.35 earnings per share. Research analysts anticipate that SpartanNash will post 1.88 earnings per share for the current fiscal year.
SpartanNash Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were issued a dividend of $0.2175 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $0.87 annualized dividend and a dividend yield of 4.28%. SpartanNash's dividend payout ratio is presently 65.41%.
Analysts Set New Price Targets
Separately, StockNews.com lowered SpartanNash from a "buy" rating to a "hold" rating in a report on Thursday, January 30th.
Read Our Latest Research Report on SPTN
SpartanNash Company Profile
(
Get Free Report)
SpartanNash Company distributes and retails grocery products in the United States of America. It operates through Wholesale and Retail segments. The Wholesale segment offers grocery products and perishable food products, including dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmaceutical products to independent retailers, national accounts, food service distributors, e-commerce providers, and corporate owned retail stores.
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