Roundy’s (NASDAQ:RNDY) announced its earnings results on Thursday. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by $0.06, StockRatingsNetwork.com reports. The company had revenue of $984.16 million for the quarter, compared to the consensus estimate of $987.69 million. During the same quarter in the previous year, the company posted $0.20 earnings per share. The company’s revenue for the quarter was up 1.1% on a year-over-year basis.
Roundy’s (NASDAQ:RNDY) traded down 1.93% on Thursday, hitting $9.15. The stock had a trading volume of 350,823 shares. Roundy’s has a 52 week low of $3.69 and a 52 week high of $9.87. The stock’s 50-day moving average is $8.99 and its 200-day moving average is $8.42. The company’s market cap is $411.4 million.
The company also recently announced a quarterly dividend, which is scheduled for Monday, November 25th. Shareholders of record on Monday, November 18th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 5.25%.
A number of analysts have recently weighed in on RNDY shares. Analysts at Zacks upgraded shares of Roundy’s from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, October 9th. They now have a $8.30 price target on the stock. On the ratings front, analysts at Deutsche Bank initiated coverage on shares of Roundy’s in a research note to investors on Wednesday, September 25th. They set a “hold” rating and a $8.50 price target on the stock. Six analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and an average target price of $6.97.
Roundy’s, Inc, formerly Roundy’s Parent Company, Inc, is a retail grocery company headquartered in Milwaukee, Wisconsin.
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