Spartannash Co Stock Today
| SPTN Stock | USD 19.38 0.14 0.72% |
Performance0 of 100
| Odds Of DistressLess than 6
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SpartanNash is selling at 19.38 as of the 24th of April 2024; that is -0.72% down since the beginning of the trading day. The stock's open price was 19.52. SpartanNash has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for SpartanNash Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of February 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Consumer Staples Distribution & Retail | IPO Date 2nd of August 2000 | Category Consumer Defensive | Classification Consumer Staples |
SpartanNash Company distributes and retails grocery products. SpartanNash Company was founded in 1917 and is headquartered in Grand Rapids, Michigan. Spartannash operates under Food Distribution classification in the United States and is traded on NASDAQ Exchange. The company has 34.47 M outstanding shares of which 1.32 M shares are at this time shorted by private and institutional investors with about 4.79 trading days to cover. More on SpartanNash Co
Moving together with SpartanNash Stock
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| 0.67 | ACI | Albertsons Companies Financial Report 23rd of July 2024 | PairCorr |
Moving against SpartanNash Stock
| 0.9 | BJ | BJs Wholesale Club Financial Report 28th of May 2024 | PairCorr |
| 0.89 | SFM | Sprouts Farmers Market Earnings Call This Week | PairCorr |
| 0.87 | KR | Kroger Company Financial Report 20th of June 2024 | PairCorr |
| 0.87 | TGT | Target Financial Report 15th of May 2024 | PairCorr |
| 0.86 | WMT | Walmart Financial Report 16th of May 2024 | PairCorr |
| 0.86 | BG | Bunge Limited Earnings Call This Week | PairCorr |
| 0.85 | CASY | Caseys General Stores Financial Report 4th of June 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 6th of June 2024
SpartanNash Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SpartanNash's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SpartanNash or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Dennis Eidson | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Consumer Staples Distribution & Retail, Consumer Defensive, NASDAQ Composite, SP Small-Cap 600, NASDAQ Composite Total, Consumer Staples, Consumer Staples Distribution & Retail, Food Distribution, Consumer Defensive (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering SpartanNash report their recommendations after researching SpartanNash's financial statements, talking to executives and customers, or listening in on SpartanNash's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering SpartanNash. The SpartanNash consensus assessment is calculated by taking the average forecast from all of the analysts covering SpartanNash. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators obtained from SpartanNash's historical financial statements, SpartanNash Co may be sliding down financialy. It has an above-average risk of going through some form of financial straits next quarter. Financial strength of SpartanNash is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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SpartanNash's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to SpartanNash's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand SpartanNash's financial leverage. It provides some insight into what part of SpartanNash's total assets is financed by creditors.
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SpartanNash Co (SPTN) is traded on NASDAQ Exchange in USA. It is located in 850 76th Street, S.W., Grand Rapids, MI, United States, 49518-8700 and employs 10,000 people. SpartanNash is listed under Consumer Staples Distribution & Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 672.76 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SpartanNash's market, we take the total number of its shares issued and multiply it by SpartanNash's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. SpartanNash conducts business under Consumer Staples Distribution & Retail sector and is part of Consumer Staples industry. The entity has 34.47 M outstanding shares of which 1.32 M shares are at this time shorted by private and institutional investors with about 4.79 trading days to cover.
SpartanNash Co currently holds about 21.22 M in cash with 95.68 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.59.
Check SpartanNash Probability Of Bankruptcy
Ownership AllocationSpartanNash shows a total of 34.47 Million outstanding shares. The majority of SpartanNash outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in SpartanNash to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in SpartanNash. Please pay attention to any change in the institutional holdings of SpartanNash Co as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check SpartanNash Ownership Details
SpartanNash Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of SpartanNash jumping above the current price in 90 days from now is about 83.72%. The SpartanNash Co probability density function shows the probability of SpartanNash stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days SpartanNash has a beta of 0.1589. This usually implies as returns on the market go up, SpartanNash average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SpartanNash Co will be expected to be much smaller as well. Additionally, spartanNash Co has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of SpartanNash to move above the current price in 90 days from now is about 83.72 (This SpartanNash Co probability density function shows the probability of SpartanNash Stock to fall within a particular range of prices over 90 days) .
SpartanNash Stock Institutional Holders
Institutional Holdings refers to the ownership stake in SpartanNash that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of SpartanNash's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing SpartanNash's value.| Instituion | Recorded On | Shares | |
| Bridgeway Capital Management, Llc | 2023-06-30 | 506.8 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 477.6 K | |
| Northern Trust Corp | 2023-12-31 | 464.9 K | |
| Assenagon Asset Management Sa | 2023-12-31 | 446.3 K | |
| American Century Companies Inc | 2023-12-31 | 383 K | |
| D. E. Shaw & Co Lp | 2023-09-30 | 352.3 K | |
| Proshare Advisors Llc | 2200-12-31 | 340 K | |
| Jpmorgan Chase & Co | 2023-12-31 | 292.3 K | |
| Smith Graham & Co Inv Adv, L.p.** | 2023-12-31 | 281.6 K | |
| Blackrock Inc | 2023-12-31 | 6.4 M | |
| Vanguard Group Inc | 2023-12-31 | 3.1 M |
SpartanNash Historical Income Statement
SpartanNash Co Income Statement is one of the three primary financial statements used for reporting SpartanNash's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of SpartanNash revenue and expense. SpartanNash Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, SpartanNash's EBITDA is very stable compared to the past year. As of the 24th of April 2024, Non Operating Income Net Other is likely to grow to about 1.1 M, while Depreciation And Amortization is likely to drop about 54.2 M. View More FundamentalsSpartanNash Stock Against Markets
Picking the right benchmark for SpartanNash stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SpartanNash stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SpartanNash is critical whether you are bullish or bearish towards SpartanNash Co at a given time. Please also check how SpartanNash's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in SpartanNash without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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SpartanNash Corporate Directors
SpartanNash corporate directors refer to members of a SpartanNash board of directors. The board of directors generally takes responsibility for the SpartanNash's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of SpartanNash's board members must vote for the resolution. The SpartanNash board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Matthew Mannelly | Independent Director | Profile | |
| Douglas Hacker | Director | Profile | |
| Shan Atkins | Independent Director | Profile | |
| Hawthorne Proctor | Director | Profile |
How to buy SpartanNash Stock?
Before investing in SpartanNash, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SpartanNash. To buy SpartanNash stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SpartanNash. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase SpartanNash stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SpartanNash Co stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased SpartanNash Co stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as SpartanNash Co, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SpartanNash Stock please use our How to Invest in SpartanNash guide.
Already Invested in SpartanNash Co?
The danger of trading SpartanNash Co is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SpartanNash is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SpartanNash. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SpartanNash is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether SpartanNash offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SpartanNash's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spartannash Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spartannash Co Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SpartanNash Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for SpartanNash Stock analysis
When running SpartanNash's price analysis, check to measure SpartanNash's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SpartanNash is operating at the current time. Most of SpartanNash's value examination focuses on studying past and present price action to predict the probability of SpartanNash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SpartanNash's price. Additionally, you may evaluate how the addition of SpartanNash to your portfolios can decrease your overall portfolio volatility.
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Is SpartanNash's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SpartanNash. If investors know SpartanNash will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SpartanNash listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 15.609 | Dividend Share 0.86 | Earnings Share 1.5 | Revenue Per Share 284.389 | Quarterly Revenue Growth (0.03) |
The market value of SpartanNash is measured differently than its book value, which is the value of SpartanNash that is recorded on the company's balance sheet. Investors also form their own opinion of SpartanNash's value that differs from its market value or its book value, called intrinsic value, which is SpartanNash's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SpartanNash's market value can be influenced by many factors that don't directly affect SpartanNash's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SpartanNash's value and its price as these two are different measures arrived at by different means. Investors typically determine if SpartanNash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SpartanNash's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.