SuperValu Inc. (NYSE:SVU) has received an average recommendation of “Hold” from the eight analysts that are presently covering the stock. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $5.43.
SVU has been the subject of several research analyst reports. Zacks Investment Research upgraded SuperValu from a “sell” rating to a “hold” rating in a research note on Monday, October 3rd. Pivotal Research reiterated a “buy” rating and set a $7.00 target price (down from $8.00) on shares of SuperValu in a research note on Tuesday, October 18th. Finally, RBC Capital Markets set a $6.00 target price on SuperValu and gave the stock a “hold” rating in a research note on Monday, January 9th.
A number of institutional investors have recently made changes to their positions in SVU. US Bancorp DE boosted its position in shares of SuperValu by 2.0% in the third quarter. US Bancorp DE now owns 34,082 shares of the company’s stock valued at $170,000 after buying an additional 668 shares in the last quarter. Algert Global LLC boosted its position in shares of SuperValu by 1.2% in the second quarter. Algert Global LLC now owns 70,181 shares of the company’s stock valued at $331,000 after buying an additional 819 shares in the last quarter. HighTower Advisors LLC boosted its position in shares of SuperValu by 0.6% in the third quarter. HighTower Advisors LLC now owns 182,999 shares of the company’s stock valued at $913,000 after buying an additional 1,111 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its position in shares of SuperValu by 6.9% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 21,481 shares of the company’s stock valued at $101,000 after buying an additional 1,387 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan boosted its position in shares of SuperValu by 1.4% in the third quarter. Municipal Employees Retirement System of Michigan now owns 119,250 shares of the company’s stock valued at $595,000 after buying an additional 1,670 shares in the last quarter. 85.52% of the stock is owned by hedge funds and other institutional investors.
Shares of SuperValu (NYSE:SVU) opened at 3.95 on Friday. The company has a market capitalization of $1.06 billion, a PE ratio of 10.31 and a beta of 1.96. SuperValu has a 12 month low of $3.94 and a 12 month high of $6.17. The firm has a 50-day moving average price of $4.61 and a 200-day moving average price of $4.83.
SuperValu (NYSE:SVU) last posted its quarterly earnings results on Wednesday, January 11th. The company reported $0.05 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.13 by $0.08. The company earned $3 billion during the quarter. SuperValu had a net margin of 0.64% and a negative return on equity of 43.47%. The firm’s quarterly revenue was down 1.4% on a year-over-year basis. During the same period last year, the company posted $0.16 EPS. On average, equities research analysts predict that SuperValu will post $0.43 EPS for the current year.
SuperValu Company Profile
Supervalu Inc is a wholesale distributor to independent retail customers across the United States. The Company’s segments include Wholesale and Retail. The Company offers a range of advertised brand name and private-label products, including grocery (both perishable and nonperishable), 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.