SpartanNash Co (NASDAQ:SPTN) has a beta value of 0.36 and has seen 4.31 million shares traded in the recent trading session. The company, currently valued at $892.79M, closed the recent trade at $331380.0 per share which meant it gained $331362.36 on the day or 4308944% during that session. The SPTN stock price is 99.99% off its 52-week high price of $23.00 and 99.99% above the 52-week low of $17.30. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.45 million shares traded. The 3-month trading volume is 331.38K shares.
The consensus among analysts is that SpartanNash Co (SPTN) is Hold stock at the moment, with a recommendation rating of 3.00. 3 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 8 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.5.
SpartanNash Co (NASDAQ:SPTN) trade information
Over the past 30 days, the shares of SpartanNash Co (NASDAQ:SPTN) have changed 35.67%. Short interest in the company has seen 1.39 million shares shorted with days to cover at 4.15.
Wall Street analysts have a consensus price target for the stock at $27.5, which means that the shares’ value could drop -1204918.18% from the levels at last check today.. The projected low price target is $20.0 while the price target rests at a high of $35.0. In that case, then, we find that the latest price level in today’s session is 99.99% off the targeted high while a plunge would see the stock lose 99.99% from the levels at last check today..
SpartanNash Co (SPTN) estimates and forecasts
The company’s shares have gained 35.88% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 4.06%.
3 analysts offering their estimates for the company have set an average revenue estimate of 2.29B for the current quarter. 3 have an estimated revenue figure of 2.3B for the next ending quarter. Year-ago sales stood 2.23B and 2.25B respectively for this quarter and the next, and analysts expect sales will grow by 2.50% for the current quarter and 4.06% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -44.02% over the past 5 years. Earnings growth for 2025 is a modest -15.89% while over the next 5 years, the company’s earnings are expected to decrease by -6.49%.
SPTN Dividends
SpartanNash Co is expected to release its next earnings report on 2025-May-29 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.88 at a share yield of 3.32%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 3.7%.
SpartanNash Co (NASDAQ:SPTN)’s Major holders
Insiders own 1.57% of the company shares, while shares held by institutions stand at 88.92% with a share float percentage of 90.33%. Investors are also buoyed by the number of investors in a company, with SpartanNash Co having a total of 293.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 5.85 million shares worth more than $109.78 million. As of 2024-06-30, BLACKROCK INC. held 17.4439% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 3.17 million shares as of 2024-06-30. The firm’s total holdings are worth over $59.4 million and represent 9.4393% of shares outstanding.
