Stein Mart (NASDAQ:SMRT) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Monday.
Shares of Stein Mart (NASDAQ:SMRT) opened at $0.73 on Monday. The firm has a market cap of $35.01, a PE ratio of -1.18 and a beta of 0.82. Stein Mart has a 12 month low of $0.69 and a 12 month high of $3.92. The company has a debt-to-equity ratio of 3.13, a quick ratio of 0.17 and a current ratio of 1.36.
Stein Mart (NASDAQ:SMRT) last released its quarterly earnings data on Wednesday, November 15th. The company reported ($0.31) earnings per share for the quarter, missing the consensus estimate of ($0.21) by ($0.10). The business had revenue of $285.40 million for the quarter. Stein Mart had a negative return on equity of 44.60% and a negative net margin of 2.18%.
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Stein Mart Company Profile
Stein Mart, Inc is a national retailer offering the fashion merchandise, service and presentation of a department or specialty store. The Company offers apparel for women and men, as well as accessories, shoes and home fashions. The Company’s target customers are women over 45 years old. The Company operates approximately 280 stores in over 30 states and an Internet store.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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