Fred’s Inc (NASDAQ:FRED) opened its previous trading session at $6.02 later Inclining 17.01% to close its trade at a share price of $6.74.
During the trading day, the stock price fluctuated between $5.91 and $6.98.
The Stock traded with an actual day volume of 5.16 Million and average volume of 1.58 Million respectively.
The current market capitalization of Fred’s Inc (NASDAQ:FRED) stands at 256.34 Million.
The stock Hit its 1-year high of $21.77 on 12/20/16 and its 1-year low price of $5.62 on 08/17/17.
Fred’s Inc (NASDAQ:FRED) currently has a trailing P/E of -2.39 while its forward P/E according to Thomson Reuters is -42.12.
Price/Earnings to growth ratio for the company is -0.11 and the stock shows its Price/Sales (ttm) of 0.12 and Price/Book for the most recent quarter of 0.85.
FRED’s fiscal year ends Jan 28, 2017 and the most recent quarter started on Apr 29, 2017.
Talking about profitability of the company, the profit margin percentage is -4.95% while its operating margin for the trailing twelve month is at -4.29%.
Management effectiveness shows return on equity and return on assets for the trailing twelve months at -29.59% and -7.78% respectively.
What does the Income statement say?
By having an overview of the Income statement for Fred’s Inc (NASDAQ:FRED) the Revenue for the trailing twelve months is 2.11 Billion.
- Revenue per share is 57.06.
- Quarterly Revenue growth year over year is -3.1 Percent. Gross Profit (ttm) is 510260.
- EBITDA stands at -43310000.
According to Balance Sheet of FRED, Total cash on most recent quarter is 6.64 Million.
Total cash per share on the most recent quarter is 0.17. Total Debt is 156.75 Million.
Current ratio is about 2.01. Total Debt/Equity is 52.16 and the Book value per Share is 7.9.
The Average Volume for 10 days is 736.9 Million for Fred’s Inc (NASDAQ:FRED). The total number of Outstanding Shares is 38.03 Million. Float is at 23.57 Million.
The stock shows a Short Ratio of 8.4 with the total number of Shares Short (Previous Month) of 20.54 Million.
The stock is currently moving with a Negative distance from 200-Day Simple Moving Average of about -45.78% and has no so good Year to Date (YTD) Performance of -63.69% which means the stock is constantly adding to its value from previous fiscal year end price.
The stock grew about -34.24% in the past 5 years; this positive value indicates that the stock constantly performed well in the previous years as well.
Dividends & Splits:
According to Yahoo Finance, The Dividend Date for Fred’s Inc is Jun 15, 2017 and its Ex-Dividend Date is Aug 30, 2017. The stock had its last split on Jul 2, 2003.
Fred’s Inc (NASDAQ:FRED) shows a Forward Annual Dividend Rate of $0.24 and Trailing Annual Dividend Yield of 4.17% according to MorningStar Inc.
In the last reported quarter, Fred’s Inc reported its Actual EPS (earnings per share) of $-0.06/share where most of the analysts working on this stock were estimating the EPS to be $-0.03/share.
So the company lags the analysts estimate by $-0.03/share showing a surprise of -100%.
What is the Fate of the Stock in the Future?
The Target Price for Fred’s Inc (NASDAQ:FRED) is $8/share according to the consensus analysis of analysts working on the stock.
According to the analysts, Fred’s Inc (NASDAQ:FRED) is expected to announce $-0.19/share EPS for the current quarter.