For today’s bulletin, we take a look at our latest upgrades and focus on grocery distributor and retailer SpartanNash $SPTN and provide a link to download a FREE STOCK REPORT on the company
VALUATION: Overvalued stocks now make up 59.72% of our stocks assigned a valuation and 23.74% of those equities are calculated to be overvalued by 20% or more. Thirteen sectors are calculated to be overvalued.
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For today’s edition of our upgrade list, we used our website’s advanced screening functions to search for UPGRADES to BUY or STRONG BUY with complete forecast and valuation data. They are presented by one-month forecast return. Opiant Pharmaceuticals (OPNT) is our top-rated upgrade this week and it is a STRONG BUY. Banco Santander (SAN) is also a STRONG BUY. The other picks this week–Cheniere Energy (CQP) and Spartan Nash (SPTN) are BUY-rated stocks. These were the only upgrades to BUY or STRONG BUY for the day.
| Ticker | Company Name | Market Price | Valuation | Last 12-M Return | 1-M Forecast Return | 1-Yr Forecast Return | P/E Ratio | Sector Name |
| CQP | CHENIERE ENERGY | 31.27 | -9.22% | 9.34% | 0.53% | 6.36% | 16.37 | Oils-Energy |
| OPNT | OPIANT PHARMACT | 9 | -26.21% | 18.11% | 1.30% | 15.61% | 3.90 | Medical |
| SAN | BANCO SANTAN SA | 6.69 | -1.70% | 58.91% | 1.11% | 13.33% | 13.38 | Finance |
| SPTN | SPARTAN NASH CO | 26.53 | -20.12% | -13.72% | 0.51% | 6.11% | 12.00 | Retail-Wholesale |
For today’s bulletin, we take a look at one of our newest BUY stocks, SpartanNash (SPTN). SpartanNash Co. is a food distributor serving military commissaries and exchanges in the United States. The company’s core businesses include distributing food to military commissaries and exchanges and independent and corporate-owned retail stores located in 44 states and the District of Columbia, Europe, Cuba, Puerto Rico, the Azores, Bahrain and Egypt. It operates supermarkets, primarily under the banners of Family Fare Supermarkets, No Frills, Bag ‘n Save and Econofoods. SpartanNash Co., formerly known as Spartan Stores, Inc., is headquartered in United States.
SpartanNash has faced a lot of ups and downs lately, as grocery store chains, like retailers in most categories, deal with the changing nature of their business. Like other retailers, grocers are under the gun from e-retailers such as Amazon.com as more and more consumers phase out trips to brick and mortar stores and do more of their sopping online.
News of the proposed Amazon/Whole Foods deal hit grocers hard, and SpartanNash was no exception. In the aftermath of that deal’s announcement, shares fell almost 10%–but recovered slightly in the aftermath.
SpartanNash has been looking to the future and trying to adjust its business model so that remains agile in light of the Amazon threat. Like many competitors, they now have online ordering for easy pick up at stores. The company also inked a distribution deal with Amazon.com last year–if you cannot beat them, join them?
Below is our latest data for SpartanNash (SPTN):
ValuEngine updated its recommendation from HOLD to BUY for SpartanNash. Based on the information we have gathered and our resulting research, we feel that SpartanNash has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Price Sales Ratio and P/E Ratio.
You can download a free copy of detailed report on SpartanNash (SPTN) from the link below.
| ValuEngine Forecast | ||
| Target Price* |
Expected Return |
|
|---|---|---|
| 1-Month | 26.67 | 0.51% |
| 3-Month | 26.54 | 0.04% |
| 6-Month | 25.89 | -2.40% |
| 1-Year | 28.15 | 6.11% |
| 2-Year | 25.56 | -3.66% |
| 3-Year | 25.42 | -4.20% |
| Valuation & Rankings | |||
| Valuation | 20.12% undervalued | Valuation Rank(?) | 83 |
| 1-M Forecast Return | 0.51% | 1-M Forecast Return Rank | 85 |
| 12-M Return | -13.72% | Momentum Rank(?) | 24 |
| Sharpe Ratio | 0.22 | Sharpe Ratio Rank(?) | 61 |
| 5-Y Avg Annual Return | 7.18% | 5-Y Avg Annual Rtn Rank | 64 |
| Volatility | 33.38% | Volatility Rank(?) | 48 |
| Expected EPS Growth | 7.69% | EPS Growth Rank(?) | 35 |
| Market Cap (billions) | 0.99 | Size Rank | 62 |
| Trailing P/E Ratio | 12.00 | Trailing P/E Rank(?) | 88 |
| Forward P/E Ratio | 11.15 | Forward P/E Ratio Rank | 79 |
| PEG Ratio | 1.56 | PEG Ratio Rank | 31 |
| Price/Sales | 0.13 | Price/Sales Rank(?) | 97 |
| Market/Book | 2.90 | Market/Book Rank(?) | 42 |
| Beta | 1.02 | Beta Rank | 39 |
| Alpha | -0.31 | Alpha Rank | 16 |
DOWNLOAD A FREE SAMPLE OF OUR SPARTANNASH (SPTN) REPORT BY CLICKING HERE
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