Shares of Jeronimo Martins SGPS SA (OTCMKTS:JRONY – Get Free Report) passed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $43.56 and traded as high as $43.95. Jeronimo Martins SGPS shares last traded at $43.75, with a volume of 19,383 shares changing hands.
Wall Street Analysts Forecast Growth
JRONY has been the subject of a number of recent analyst reports. Jefferies Financial Group upgraded Jeronimo Martins SGPS from a “hold” rating to a “buy” rating in a report on Monday, September 21st. Citigroup restated a “buy” rating on shares of Jeronimo Martins SGPS in a research report on Monday, August 10th. Finally, Zacks Research cut Jeronimo Martins SGPS from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 7th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.
Read Our Latest Stock Analysis on Jeronimo Martins SGPS
Jeronimo Martins SGPS Trading Down 0.5%
The firm has a market cap of $13.63 billion, a price-to-earnings ratio of 17.08, a P/E/G ratio of 2.52 and a beta of 0.71. The firm’s 50-day moving average is $40.88 and its 200-day moving average is $43.51. The company has a current ratio of 0.64, a quick ratio of 0.35 and a debt-to-equity ratio of 0.14.
Jeronimo Martins SGPS (OTCMKTS:JRONY – Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.05. The firm had revenue of $10.61 billion for the quarter, compared to the consensus estimate of $10.66 billion. Jeronimo Martins SGPS had a net margin of 1.55% and a return on equity of 19.74%. As a group, sell-side analysts anticipate that Jeronimo Martins SGPS SA will post 2.42 EPS for the current fiscal year.
About Jeronimo Martins SGPS
Jeronimo Martins SGPS is a Portuguese international food retail group with roots dating to 1792, when Jerónimo Martins opened a grocery shop in Lisbon. Today, the company operates primarily in Portugal, Poland and Colombia. Its retail businesses include Biedronka, a grocery discount chain in Poland; Pingo Doce supermarkets and Recheio cash-and-carry stores in Portugal; and Ara discount grocery stores in Colombia. The group also operates Hebe, a health and beauty retailer in Poland, and has activities in food production and distribution.
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