RBC Capital Keeps Their Buy Rating on Smart & Final

By Ryan Adsit

In a report released today, William Kirk from RBC Capital reiterated a Buy rating on Smart & Final (NYSE: SFS), with a price target of $19. The company’s shares closed yesterday at $13.65.

According to TipRanks.com, Kirk is a 1-star analyst with an average return of -0.9% and a 46.7% success rate. Kirk covers the Services sector, focusing on stocks such as Performance Food Group, United Natural Foods, and Wal-Mart Stores Inc.

Smart & Final has an analyst consensus of Moderate Buy, with a price target consensus of $16.

Based on Smart & Final’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $967 million and GAAP net loss of $4.59 million. In comparison, last year the company earned revenue of $908 million and had a GAAP net loss of $2.02 million.

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SFS in relation to earlier this year. Most recently, in September 2014, Ares Corporate Opportunities Fund Lp, a Major Shareholder at SFS bought 55,100,000 shares.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Smart & Final Stores, Inc. is a value-oriented food and everyday staples retailer that serves household and business customers. The company operates through following segments: Smart & Final and Cash & Carry. The Smart and Final segment focuses on both household and business customers. The Cash and Carry segment focuses primarily on restaurants, caterers and a wide range of other foodservice businesses. Smart & Final Stores was founded on October 5, 2012 and is headquartered in Commerce, CA.