Should You Be Holding SpartanNash Company (NASDAQ:SPTN)?

As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of SpartanNash Company (NASDAQ:SPTN), it is a notable dividend payer that has been a rockstar for income investors, currently trading at an attractive share price. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, read the full report on SpartanNash here.

6 star dividend payer and undervalued

SPTN’s shares are now trading at a price below its true value based on its discounted cash flows, indicating a relatively pessimistic market sentiment. Investors have the opportunity to buy into the stock to reap capital gains, if SPTN’s projected earnings trajectory does follow analyst consensus growth, which determines my intrinsic value of the company. Also, relative to the rest of its peers with similar levels of earnings, SPTN’s share price is trading below the group’s average. This bolsters the proposition that SPTN’s price is currently discounted.

NasdaqGS:SPTN PE PEG Gauge November 9th 18
NasdaqGS:SPTN PE PEG Gauge November 9th 18

SPTN’s reputation for being one of the best dividend payers in the market is supported by the fact that it has been steadily growing its dividend payments over the past ten years and currently is one of the top yielding companies on the markets, at 3.7%.

NasdaqGS:SPTN Historical Dividend Yield November 9th 18
NasdaqGS:SPTN Historical Dividend Yield November 9th 18

Next Steps:

For SpartanNash, I’ve put together three pertinent aspects you should further examine:

  1. Future Outlook: What are well-informed industry analysts predicting for SPTN’s future growth? Take a look at our free research report of analyst consensus for SPTN’s outlook.
  2. Historical Performance: What has SPTN’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of SPTN? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.