Seven and I (OTCMKTS:SVNDY) Shares Gap Up – What’s Next?

Seven and I Holdings Co. (OTCMKTS:SVNDY) shares gapped up before the market opened on Monday . The stock had previously closed at $12.84, but opened at $13.50. Seven and I shares last traded at $12.88, with a volume of 881 shares traded.

Analyst Upgrades and Downgrades

SVNDY has been the subject of a number of recent research reports. Zacks Research upgraded shares of Seven and I to a “hold” rating in a report on Tuesday, June 16th. Sanford C. Bernstein upgraded Seven and I to a “hold” rating in a report on Tuesday, May 26th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

Seven and I Stock Performance

The company has a current ratio of 0.94, a quick ratio of 0.81 and a debt-to-equity ratio of 0.90. The firm has a fifty day moving average price of $12.41 and a 200 day moving average price of $12.93. The firm has a market cap of $30.26 billion, a PE ratio of 15.71 and a beta of 0.29.

Seven and I (OTCMKTS:SVNDY) last announced its quarterly earnings data on Thursday, July 9th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.11. Seven and I had a net margin of 3.03% and a return on equity of 7.87%. The firm had revenue of $14.65 billion during the quarter, compared to analyst estimates of $14.97 billion. As a group, equities research analysts expect that Seven and I Holdings Co. will post 0.77 earnings per share for the current fiscal year.

Seven and I Company Profile

Seven & I Holdings Co, Ltd. is a Tokyo-based diversified retail holding company best known for its convenience store operations under the 7-Eleven banner. Established as a holding company in 2005 through the reorganization of legacy retail businesses, Seven & I groups a portfolio of retail and service businesses including convenience stores, supermarkets, department stores, foodservice operations, and financial services.

The company’s core activity is the development and franchising of convenience stores that offer a mix of prepared foods, grocery items, daily necessities and quick-service retail products.