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SpartanNash (SPTN, $19.45) offers discounts, as part of its Fast Lane subscription service
On Friday, grocery retail & distribution company SpartanNash launched discounts for its delivery/pickup customers, as part of its Fast Lane subscription service.
“Annual Fast Lane subscriptions are available for $49 per year and include free, unlimited curbside pickup at any SpartanNash store that offers Fast Lane online grocery shopping (a $4.95-per-order savings),” SpartanNash said. According to the company, Fast Lane subscribers can save even more with half-off delivery in available locations (an additional $4.95-per-order savings).
There are 68 SpartanNash stores in total in Michigan, Minnesota, Nebraska, North Dakota, South Dakota and Wisconsin that offer Fast Lane service.
SPTN in upward trend: price rose above 50-day moving average on May 13, 2022
SPTN moved above its 50-day Moving Average on May 13, 2022 date and that indicates a change from a downward trend to an upward trend. In 29 of 39 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 74%.
Current price $34.35 crossed the support line at $32.80 and is trading between $35.58 resistance and $32.80 support lines. Throughout the month of 04/13/22 - 05/16/22, the price experienced a -1% Downtrend, while the week of 05/09/22 - 05/16/22 shows a +5% Uptrend.
The Stochastic Indicator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 43 of 59 cases where SPTN's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 73%.
The Momentum Indicator moved above the 0 level on May 16, 2022. You may want to consider a long position or call options on SPTN as a result. In 64 of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 73%.
Following a +4.12% 3-day Advance, the price is estimated to grow further. Considering data from situations where SPTN advanced for three days, in 227 of 310 cases, the price rose further within the following month. The odds of a continued upward trend are 73%.
SPTN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In 125 of 173 cases where SPTN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 72%.
The 10-day RSI Indicator for SPTN moved out of overbought territory on April 21, 2022. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 40 similar instances where the indicator moved out of overbought territory. In 20 of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at 50%.
The 10-day Moving Average for SPTN crossed bearishly below the 50-day moving average on May 12, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 64%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPTN declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 72%.
Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 62%. During the last month, the daily ratio of advancing to declining volumes was 1.68 to 1.
The Tickeron SMR rating for this company is 4 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is 6 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of 33 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.560) is normal, around the industry mean (13.304). P/E Ratio (16.474) is within average values for comparable stocks, (50.067). SPTN's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.615). Dividend Yield (0.024) settles around the average of (0.031) among similar stocks. P/S Ratio (0.133) is also within normal values, averaging (3.444).
The Tickeron Price Growth Rating for this company is 38 (best 1 - 100 worst), indicating steady price growth. SPTN’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Profit vs. Risk Rating rating for this company is 75 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SPTN’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 70, placing this stock worse than average.
Food distributors function as intermediaries between food manufacturers and food service operators (such as chefs, restaurants, beverage managers, cafeterias, industrial caterers, hospitals and nursing homes). Food distribution companies buy, store and then supply food items to the food service operators, thereby allowing the latter to have access to a wide range of food items from various manufacturers. Sysco Corporation, US Foods Holding Corp. and Herbalife Nutrition Ltd. are some of the biggest (by market cap) U.S. companies in this segment. Most food service operators buy from local, specialty, and/or broad line food service distributors on a daily or weekly basis. With the rise in e-commerce, consumers are increasingly expecting lower prices, faster service, and higher quality – something that potentially creates the impetus on distribution networks to raise their game.
The average market capitalization across the Food Distributors Industry is 4.3B. The market cap for tickers in the group ranges from 78.4K to 43.2B. SYY holds the highest valuation in this group at 43.2B. The lowest valued company is VRUS at 78.4K.
The average weekly price growth across all stocks in the Food Distributors Industry was -1.85%. For the same Industry, the average monthly price growth was -5.36%, and the average quarterly price growth was -11.1%. HFFG experienced the highest price growth at 7.44%, while CEUMF experienced the biggest fall at -40.8%.
The average weekly volume growth across all stocks in the Food Distributors Industry was -21.8%. For the same stocks of the Industry, the average monthly volume growth was -7.93% and the average quarterly volume growth was -6.59%
- 4/27/22 5:28 AM: The volume for SpartanNash stock increased for one day, resulting in a record-breaking daily growth of 263% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Negative Outlook today, backed by the Declines Indicator. Tickeron has a negative outlook on this group and predicts a further decline by more than 4.00% within the next month with a likelihood of 39%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.02.
6 stocks in the group of tickers exhibit a similar negative trend based on the Momentum indicator with an average likelihood of 69%.
The average market capitalization across the group is 4.3B. The market cap for tickers in the group ranges from 0 to 43.2B. SYY holds the highest valuation in this group at 43.2B. The lowest valued company is RVRC at 0.
The average weekly price growth across all stocks in the group was 0.66%. For the same group, the average monthly price growth was -6.27%, and the average quarterly price growth was -12.47%. TPIA experienced the highest price growth at 10.53%, while GRCLF experienced the biggest fall at -6.22%.
- 5/11/22 7:46 AM: Mycotopia Therapies (TPIA, $1.8) was a top weekly gainer, with a +18.42% jump. Expect an Uptrend reversal
- 5/10/22 5:36 AM: US Foods Holding (USFD, $34.62) was a top loser this week, declining -8.97%
- 5/10/22 5:36 AM: Performance Food Group (PFGC, $45.4) was a top loser this week, declining -9.8%. Expect a Downtrend reversal
The average weekly volume growth across all stocks in the group was -50.53%. For the same stocks of the group, the average monthly volume growth was -48.03% and the average quarterly volume growth was 104.01%
- 4/28/22 5:53 AM: The volume for Chefs' Warehouse (The) stock increased for one day, resulting in a record-breaking daily growth of 209% of the 65-Day Volume Moving Average
- 4/27/22 5:28 AM: The volume for SpartanNash stock increased for one day, resulting in a record-breaking daily growth of 263% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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