Seven and I (OTCMKTS:SVNDY) Shares Down 8% – What’s Next?

Seven and I Holdings Co. (OTCMKTS:SVNDY)’s stock price was down 8% on Monday . The company traded as low as $12.32 and last traded at $12.42. Approximately 41,643 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 253,133 shares. The stock had previously closed at $13.50.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Zacks Research raised shares of Seven and I to a “hold” rating in a research report on Tuesday, June 16th. Sanford C. Bernstein raised shares of Seven and I to a “hold” rating in a research report on Tuesday, May 26th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Seven and I currently has an average rating of “Hold”.

Seven and I Stock Down 8.0%

The stock has a market capitalization of $29.57 billion, a PE ratio of 14.96 and a beta of 0.30. The company has a current ratio of 0.79, a quick ratio of 0.67 and a debt-to-equity ratio of 0.84. The company’s 50-day moving average is $11.99 and its 200 day moving average is $13.13.

Seven and I (OTCMKTS:SVNDY) last released its earnings results on Thursday, July 9th. The company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.11. The company had revenue of $14.65 billion during the quarter, compared to analysts’ expectations of $14.97 billion. Seven and I had a net margin of 3.03% and a return on equity of 7.81%. As a group, analysts anticipate that Seven and I Holdings Co. will post 0.77 EPS for the current 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.