SpartanNash Company operates as a grocery distributor and retailer primarily in the United States. The company operates in three segments: Military, Food Distribution, and Retail. The company was founded in 1917 and is based in Grand Rapids, Michigan.
SPTN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for SPTN, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that SpartanNash Co ranked in the 83th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 546.83% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for SPTN, they are:
43% of the company's capital comes from equity, which is greater than just 15.99% of stocks in our cash flow based forecasting set.
SpartanNash Co's weighted average cost of capital (WACC) is 7%; for context, that number is higher than just 1.1% of tickers in our DCF set.
As a business, SpartanNash Co experienced a tax rate of about 7% over the past twelve months; relative to its sector (Consumer Defensive), this tax rate is higher than merely 23.05% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
SUMR, TANH, NGVC, CASY, and JBSS can be thought of as valuation peers to SPTN, in the sense that they are in the Consumer Defensive sector and have a similar price forecast based on DCF valuation.
The Meaning Behind Value Stocks A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.The following stocks are considered to be notable value stocks in the consumer defensive sector: 1. Mannatech (NASDAQ:MTEX) - P/E: 5.57 2. Kroger (NYSE:KR) - P/E: 8.53 3. Seneca Foods (NASDAQ:SENEB) - P/E: 4.59 4. Alico (NASDAQ:ALCO) - P/E: 9.86 5. SpartanNash (NASDAQ:SPTN) - P/E: 9.24Mannatech's earnings per share for Q3 sits at 0.76, whereas in Q2, they were a...
Paul Price offers food for thought for playing SpartanNash (SPTN) stock and options, as the food distributor's shares appear undervalued, which presents investors with opportunity to profit by buying its shares or initiating option positions….SPTN
SpartanNash Company (the "Company") (Nasdaq: SPTN) today announced that Mark Shamber, Chief Financial Officer and Executive Vice President, will present at the 2021 ICR Conference on Tuesday, January 12, 2021 at 12:30 pm ET.
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