J. Sainsbury (JSAIY) Expected to Announce Earnings on Thursday

J. Sainsbury (OTCMKTS:JSAIY) is anticipated to post its resultson Thursday, April 23rd. Analysts expect J. Sainsbury to post earnings of $0.4731 per share and revenue of $15.8448 billion for the quarter.

J. Sainsbury Stock Up 0.3%

OTCMKTS:JSAIY opened at $19.11 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.62 and a quick ratio of 0.31. The stock has a 50-day moving average price of $18.85 and a two-hundred day moving average price of $18.19. J. Sainsbury has a 1 year low of $13.04 and a 1 year high of $19.90.

Analyst Ratings Changes

Several brokerages recently issued reports on JSAIY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of J. Sainsbury in a research report on Monday. Citigroup raised shares of J. Sainsbury to a “strong-buy” rating in a research note on Friday, January 9th. Finally, Zacks Research upgraded shares of J. Sainsbury from a “strong sell” rating to a “hold” rating in a report on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, J. Sainsbury presently has a consensus rating of “Moderate Buy”.

J. Sainsbury Company Profile

J. Sainsbury PLC, trading in the United States under the ticker OTCMKTS:JSAIY, is one of the United Kingdom’s leading grocery retailers. Through its primary Sainsbury’s supermarket banner and smaller convenience formats under the Sainsbury’s Local name, the company offers a wide range of food and household products. In addition to its core retail operations, Sainsbury’s extends into general merchandise and clothing under the TU brand, serving both in-store and through its established e-commerce platform.

Founded in 1869 by John James Sainsbury and his wife Mary Ann, Sainsbury’s has grown from a single dairy shop in London’s Drury Lane to a nationwide retail network.