Jeronimo Martins SGPS SA (OTCMKTS:JRONY) Short Interest Update

Jeronimo Martins SGPS SA (OTCMKTS:JRONY) was the recipient of a significant decrease in short interest in the month of August. As of August 15th, there was short interest totaling 400 shares, adecreaseof98.4% from the July 31st total of 24,700 shares. Based on an average trading volume of 10,500 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 10,500 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

JRONY has been the subject of a number of recent analyst reports. Citigroup raised Jeronimo Martins SGPS from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 1st. BNP Paribas raised Jeronimo Martins SGPS from a “strong sell” rating to a “hold” rating in a research note on Friday, May 9th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Jeronimo Martins SGPS presently has a consensus rating of “Buy”.

Jeronimo Martins SGPS Price Performance

Shares of Jeronimo Martins SGPS stock opened at $49.33 on Wednesday. Jeronimo Martins SGPS has a 12 month low of $34.97 and a 12 month high of $54.50. The company has a current ratio of 0.60, a quick ratio of 0.33 and a debt-to-equity ratio of 0.15. The stock has a 50 day moving average of $50.36 and a 200 day moving average of $47.81. The firm has a market cap of $15.52 billion, a PE ratio of 23.16, a PEG ratio of 1.48 and a beta of 0.89.

Jeronimo Martins SGPS (OTCMKTS:JRONY) last issued its quarterly earnings data on Friday, August 1st. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.08. Jeronimo Martins SGPS had a return on equity of 20.75% and a net margin of 1.78%.The business had revenue of $10.23 billion for the quarter, compared to the consensus estimate of $10.30 billion. On average, research analysts expect that Jeronimo Martins SGPS will post 2.13 EPS for the current fiscal year.

Jeronimo Martins SGPS Company Profile

Jerónimo Martins, SGPS, SA operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates food stores under the Biedronka name; and a chain of health and beauty stores under the Hebe banner in Poland, as well as food stores under the Ara name in Colombia.