Analysts See $0.22 EPS for Northwest Bancshares, Inc. (NWBI); Spartan Stores (SPTN) Sentiment Is 0.78

January 14, 2018 - By Vivian Currie

SpartanNash Company distributes and retails grocery products. The company has market cap of $935.01 million. It operates in three divisions: Food Distribution, Military, and Retail. It currently has negative earnings. The Food Distribution segment offers approximately 60,000 stock-keeping units, such as dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, pharmacy, and health and beauty care products to independent retail locations, food service distributors, and corporate-owned retail stores.

Analysts expect Northwest Bancshares, Inc. (NASDAQ:NWBI) to report $0.22 EPS on January, 22.They anticipate $0.03 EPS change or 12.00% from last quarter’s $0.25 EPS. NWBI’s profit would be $22.57M giving it 19.28 P/E if the $0.22 EPS is correct. After having $0.24 EPS previously, Northwest Bancshares, Inc.’s analysts see -8.33% EPS growth. The stock increased 0.30% or $0.05 during the last trading session, reaching $16.97. About 363,916 shares traded. Northwest Bancshares, Inc. (NASDAQ:NWBI) has risen 6.88% since January 14, 2017 and is uptrending. It has underperformed by 9.82% the S&P500.

The stock increased 0.28% or $0.07 during the last trading session, reaching $25.29. About 141,089 shares traded. SpartanNash Company (SPTN) has risen 31.81% since January 14, 2017 and is uptrending. It has outperformed by 15.11% the S&P500.

Analysts await SpartanNash Company (NASDAQ:SPTN) to report earnings on February, 28. They expect $0.42 EPS, down 20.75% or $0.11 from last year’s $0.53 per share. SPTN’s profit will be $15.53 million for 15.05 P/E if the $0.42 EPS becomes a reality. After $0.54 actual EPS reported by SpartanNash Company for the previous quarter, Wall Street now forecasts -22.22% negative EPS growth.

Private Capital Management Llc holds 4.06% of its portfolio in SpartanNash Company for 1.01 million shares. Palisade Capital Management Llc Nj owns 751,965 shares or 0.71% of their US portfolio. Moreover, Zebra Capital Management Llc has 0.57% invested in the company for 66,658 shares. The Tennessee-based Martin & Co Inc Tn has invested 0.56% in the stock. Alpha Windward Llc, a Massachusetts-based fund reported 19,200 shares.

Ratings analysis reveals 33% of SpartanNash’s analysts are positive. Out of 3 Wall Street analysts rating SpartanNash, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $31.0 while the high is $40.0. The stock’s average target of $35.50 is 40.37% above today’s ($25.29) share price. SPTN was included in 3 notes of analysts from August 23, 2016. The stock of SpartanNash Company (NASDAQ:SPTN) has “Buy” rating given on Tuesday, August 23 by Northcoast. The company was maintained on Tuesday, January 17 by Pivotal Research. Barclays Capital initiated SpartanNash Company (NASDAQ:SPTN) rating on Friday, September 23. Barclays Capital has “Equal Weight” rating and $31.0 target.

Northwest Bancshares, Inc. operates as a bank holding firm for Northwest Savings Bank that offers various personal and business banking solutions in the United States. The company has market cap of $1.74 billion. The firm operates through two divisions, Community Banking and Consumer Finance. It has a 17.9 P/E ratio. It offers personal and business deposits, such as checking, savings, money market deposit, term certificate, and individual retirement accounts.

Since September 14, 2017, it had 0 buys, and 3 sales for $353,985 activity. Young Andrew sold 5,625 shares worth $90,996. 6,047 shares valued at $104,076 were sold by Scalise Jonathan P on Thursday, October 26. 9,592 shares were sold by Ritzert Gerald J, worth $158,913 on Monday, December 11.

Among 7 analysts covering Northwest Bancshares (NASDAQ:NWBI), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. Northwest Bancshares has $17.5 highest and $15 lowest target. $15.88’s average target is -6.42% below currents $16.97 stock price. Northwest Bancshares had 10 analyst reports since September 22, 2015 according to SRatingsIntel. As per Wednesday, October 26, the company rating was maintained by FBR Capital. Wood maintained it with “Market Perform” rating and $15 target in Tuesday, September 13 report. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Monday, July 24 report. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, December 21. The stock of Northwest Bancshares, Inc. (NASDAQ:NWBI) has “Hold” rating given on Tuesday, September 22 by Zacks. The company was maintained on Tuesday, July 25 by Boenning & Scattergood. On Monday, December 19 the stock rating was downgraded by Sandler O’Neill to “Sell”. The rating was initiated by FBR Capital on Thursday, June 2 with “Market Perform”. The rating was maintained by Keefe Bruyette & Woods on Friday, October 6 with “Hold”. The firm has “Outperform” rating given on Monday, May 2 by RBC Capital Markets.

Investors sentiment decreased to 0.86 in 2017 Q3. Its down 0.20, from 1.06 in 2017Q2. It is negative, as 12 investors sold Northwest Bancshares, Inc. shares while 59 reduced holdings. 18 funds opened positions while 43 raised stakes. 65.40 million shares or 1.94% less from 66.69 million shares in 2017Q2 were reported. Moreover, Jefferies Grp Inc Limited Liability has 0% invested in Northwest Bancshares, Inc. (NASDAQ:NWBI). Aperio Gp Ltd Liability Corporation has 0% invested in Northwest Bancshares, Inc. (NASDAQ:NWBI) for 42,358 shares. Nordea Inv Mngmt Ab accumulated 244,166 shares. Balyasny Asset Mgmt Ltd Company invested in 0% or 20,215 shares. Ubs Asset Americas owns 64,993 shares or 0% of their US portfolio. Piermont Cap Inc invested in 134,141 shares. Jpmorgan Chase & Company owns 0% invested in Northwest Bancshares, Inc. (NASDAQ:NWBI) for 154,910 shares. Minerva Advsrs Ltd Liability Corp holds 0.67% or 73,625 shares in its portfolio. Ancora Advsr Ltd Liability Com stated it has 49,109 shares. American Century holds 0% of its portfolio in Northwest Bancshares, Inc. (NASDAQ:NWBI) for 82,496 shares. Laurion Lp has 30,925 shares for 0% of their portfolio. Wells Fargo And Mn holds 0% or 468,617 shares. Wedge Cap Mgmt L Ltd Partnership Nc invested in 22,311 shares or 0% of the stock. Sei stated it has 0% in Northwest Bancshares, Inc. (NASDAQ:NWBI). Institute For Wealth Llc reported 84,202 shares.

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