SpartanNash Company distributes and retails grocery products. More Details
6 star dividend payer and undervalued.
Share Price & News
How has SpartanNash's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SPTN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SPTN's weekly volatility (5%) has been stable over the past year.
7 Day Return
US Consumer Retailing
1 Year Return
US Consumer Retailing
Return vs Industry: SPTN exceeded the US Consumer Retailing industry which returned 14.9% over the past year.
Return vs Market: SPTN underperformed the US Market which returned 53.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is SpartanNash's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StCould The SpartanNash Company (NASDAQ:SPTN) Ownership Structure Tell Us Something Useful?
3 weeks ago | Simply Wall StDo Its Financials Have Any Role To Play In Driving SpartanNash Company's (NASDAQ:SPTN) Stock Up Recently?
1 month ago | Simply Wall StThere's A Lot To Like About SpartanNash's (NASDAQ:SPTN) Upcoming US$0.20 Dividend
Is SpartanNash undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SPTN ($19.95) is trading below our estimate of fair value ($31.84)
Significantly Below Fair Value: SPTN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SPTN is good value based on its PE Ratio (9.4x) compared to the US Consumer Retailing industry average (14.6x).
PE vs Market: SPTN is good value based on its PE Ratio (9.4x) compared to the US market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: SPTN is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: SPTN is good value based on its PB Ratio (1x) compared to the US Consumer Retailing industry average (2.9x).
How is SpartanNash forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPTN's forecast earnings growth (3.6% per year) is above the savings rate (2%).
Earnings vs Market: SPTN's earnings (3.6% per year) are forecast to grow slower than the US market (18.1% per year).
High Growth Earnings: SPTN's earnings are forecast to grow, but not significantly.
Revenue vs Market: SPTN's revenue is expected to decline over the next 3 years (-0.2% per year).
High Growth Revenue: SPTN's revenue is forecast to decline over the next 3 years (-0.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SPTN's Return on Equity is forecast to be high in 3 years time
How has SpartanNash performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPTN has a large one-off loss of $24.8M impacting its January 2 2021 financial results.
Growing Profit Margin: SPTN's current net profit margins (0.8%) are higher than last year (0.07%).
Past Earnings Growth Analysis
Earnings Trend: SPTN's earnings have declined by 5.7% per year over the past 5 years.
Accelerating Growth: SPTN's earnings growth over the past year (1097.5%) exceeds its 5-year average (-5.7% per year).
Earnings vs Industry: SPTN earnings growth over the past year (1097.5%) exceeded the Consumer Retailing industry 72.3%.
Return on Equity
High ROE: SPTN's Return on Equity (10.3%) is considered low.
How is SpartanNash's financial position?
Financial Position Analysis
Short Term Liabilities: SPTN's short term assets ($1.0B) exceed its short term liabilities ($689.6M).
Long Term Liabilities: SPTN's short term assets ($1.0B) exceed its long term liabilities ($852.8M).
Debt to Equity History and Analysis
Debt Level: SPTN's debt to equity ratio (60.2%) is considered high.
Reducing Debt: SPTN's debt to equity ratio has reduced from 61.6% to 60.2% over the past 5 years.
Debt Coverage: SPTN's debt is well covered by operating cash flow (69.3%).
Interest Coverage: SPTN's interest payments on its debt are well covered by EBIT (6.9x coverage).
What is SpartanNash current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SPTN's dividend (4.01%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: SPTN's dividend (4.01%) is in the top 25% of dividend payers in the US market (3.46%)
Stability and Growth of Payments
Stable Dividend: SPTN's dividends per share have been stable in the past 10 years.
Growing Dividend: SPTN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.4%), SPTN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SPTN's dividends in 3 years are forecast to be well covered by earnings (39.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tony Sarsam (58 yo)
Mr. Tony B. Sarsam has been President, Chief Executive Officer and Director at SpartanNash Company since September 21, 2020. Mr. Sarsam was the Chief Executive Officer of Ready Pac Produce, Inc. from Octob...
Experienced Management: SPTN's management team is considered experienced (2.4 years average tenure).
Experienced Board: SPTN's board of directors are considered experienced (7.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
SpartanNash Company's company bio, employee growth, exchange listings and data sources
- Name: SpartanNash Company
- Ticker: SPTN
- Exchange: NasdaqGS
- Founded: 1917
- Industry: Food Distributors
- Sector: Consumer Retailing
- Market Cap: US$715.427m
- Shares outstanding: 36.27m
- Website: https://www.spartannash.com
Number of Employees
- SpartanNash Company
- 850 76th Street, S.W.
- PO Box 8700
- Grand Rapids
- United States
SpartanNash Company distributes and retails grocery products. It operates in three segments: Food Distribution, Military, and Retail. The Food Distribution segment offers approximately 68,000 stock-keeping...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/17 22:46|
|End of Day Share Price||2021/04/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.