Home Sectors Consumer Defensive Valuation Now: Fred’s (NASDAQ: FRED)

Valuation Now: Fred’s (NASDAQ: FRED)

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Fred’s trades as part of the consumer defensive sector and trades as part of the retail defensive industry. The company CEO is Joseph M. Anto. Fred’s Inc is engaged in operating self-owned retail stores and franchised stores. It retails variety of products including pharmaceuticals, consumables, household goods and softlines.

Previous Intraday Trading Performance:

The FRED stock showed a previous change of -5.79% with an open at 0.44 and a close of 0.40. It reached an intraday high of 0.44 and a low of 0.38.

PR Newswire:  Lifshitz & Miller LLP Announces Investigation of A.O. Smith Corporation, Cray Inc., electroCore, Inc., Fred’s Inc., Intersect ENT, Inc., Jumia Technologies AG, Lannett Company Inc., and Zayo Group Holdings, Inc.

Liquidity:

The stock has a market cap of $13.9m with 35.1m shares outstanding, of which the float is 31.1m shares. Trading volume reached 790,807 shares compared to its average volume of 1,694,232 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Fred’s shares returned -11.52% and in the past 30 trading days it returned -71.74%. Over three months, it changed -87.60%. In one year it has changed -77.39% and within that year its 52-week high was 3.58 and its 52-week low was 0.38. FRED stock is 5.24% above its 52 Week Low.

Our calculations show a 200 day moving average of 2.20 and a 50 day moving average of 1.07. Currently FRED stock is trading -82.01% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Fred’s shuttering another 104 stores

Earnings:

The last annual fiscal EPS for the company was reported at -0.35 that ended on 31st of January 2019.The TTM EPS is -1.73.

Below was the last reported quarterly diluted earnings per share:

Jan19 (Reported on 05/06/2019): 1.91
Oct18 (Reported on 12/13/2018): -0.74
Jul18 (Reported on 09/13/2018): -0.88
Apr18 (Reported on 06/14/2018): -0.60
Jan18 (Reported on 05/04/2018): -0.88

Indicators to Watch:

Based on the latest filings, there is 84.40% of institutional ownership.

The current calculated beta is 1.77.

SeekingAlpha:  Fred’s shuttering another 104 stores

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -7.80%, return on assets is -2.70%, profit margin is 0.92%, price-to-sales is 0.02 and price-to-book is 0.09.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 0  :Past Performance Score
 2  :Financial Strength Score
 0  :Future Growth Score
 0  :Dividend Score
 0  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.