EPS for Fred's, Inc. (FRED) Expected At $-0.04

March 15, 2018 - By Winifred Garcia

 EPS for Fred's, Inc. (FRED) Expected At $ 0.04
Investors sentiment increased to 1.56 in 2017 Q3. Its up 0.60, from 0.96 in 2017Q2. It improved, as 12 investors sold Fred's, Inc. shares while 29 reduced holdings. 31 funds opened positions while 33 raised stakes. 34.64 million shares or 7.29% less from 37.37 million shares in 2017Q2 were reported.
California State Teachers Retirement System reported 56,991 shares stake. 22,732 were reported by D E Shaw Co. The France-based Axa has invested 0% in Fred's, Inc. (NASDAQ:FRED). Sg Americas Securities Limited Liability Corporation holds 0% of its portfolio in Fred's, Inc. (NASDAQ:FRED) for 41,204 shares. 142 were reported by Citigroup Incorporated. Nwq Investment Ltd Company, a California-based fund reported 3.57 million shares. Dimensional Fund Advisors L P owns 2.38 million shares for 0.01% of their portfolio. Automobile Association stated it has 522,070 shares. Rhumbline Advisers has invested 0% of its portfolio in Fred's, Inc. (NASDAQ:FRED). 383,664 are held by Frontfour Capital Grp Limited Liability Company. Legal & General Group Public Ltd Liability Company stated it has 64,573 shares. Landscape Cap Mngmt Limited Liability Corp reported 47,212 shares. Riverhead Capital Management Limited Company holds 0% of its portfolio in Fred's, Inc. (NASDAQ:FRED) for 2,099 shares. Ameriprise Finance stated it has 0% in Fred's, Inc. (NASDAQ:FRED). Symons Capital Mgmt accumulated 99,486 shares.

Since December 13, 2017, it had 1 insider buy, and 0 insider sales for $334,900 activity.

Analysts expect Fred's, Inc. (NASDAQ:FRED) to report $-0.04 EPS on April, 5.They anticipate $0.07 EPS change or 63.64 % from last quarter’s $-0.11 EPS. After having $-0.42 EPS previously, Fred's, Inc.’s analysts see -90.48 % EPS growth. The stock decreased 4.59% or $0.14 during the last trading session, reaching $2.91. About 1.34M shares traded or 33.76% up from the average. Fred's, Inc. (NASDAQ:FRED) has risen 3.21% since March 15, 2017 and is uptrending. It has underperformed by 13.49% the S&P500.

Fred's, Inc. (NASDAQ:FRED) Ratings Coverage

Among 6 analysts covering Fred’s (NASDAQ:FRED), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. Fred’s had 16 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Fred's, Inc. (NASDAQ:FRED) has “Hold” rating given on Thursday, August 24 by Loop Capital Markets. On Wednesday, August 31 the stock rating was maintained by Deutsche Bank with “Sell”. The company was downgraded on Monday, August 10 by Stephens. On Friday, October 7 the stock rating was upgraded by Sidoti to “Buy”. The stock of Fred's, Inc. (NASDAQ:FRED) has “Hold” rating given on Thursday, June 29 by Deutsche Bank. M Partners maintained it with “Neutral” rating and $14 target in Monday, August 31 report. The firm earned “Overweight” rating on Friday, August 7 by Stephens. The company was maintained on Monday, October 16 by SunTrust. The stock has “Neutral” rating by M Partners on Wednesday, November 25. The rating was maintained by Deutsche Bank with “Hold” on Tuesday, May 31.

Fred's, Inc., together with its subsidiaries, sells general merchandise through its retail discount stores and full service pharmacies. The company has market cap of $111.25 million. The company, through its stores, offers household cleaning supplies, health products, beauty and personal care products, disposable diapers, pet foods, paper products, various food and beverage products, and pharmaceuticals to low, middle, and fixed income families in small- to medium- sized towns. It currently has negative earnings. It also sells general merchandise to franchised Fred's stores.

More important recent Fred's, Inc. (NASDAQ:FRED) news were published by: Nasdaq.com which released: “Can Strategic Efforts Aid Fred’s to Achieve a Turnaround?” on March 14, 2018, also Bizjournals.com published article titled: “Fred’s adds to ranks of female board members with appointment of KU provost”, Bizjournals.com published: “KU provost joins public company’s board of directors” on February 28, 2018. More interesting news about Fred's, Inc. (NASDAQ:FRED) was released by: Businesswire.com and their article: “Fred’s, Inc. Announces Appointment of Neeli Bendapudi to its Board of Directors” with publication date: February 27, 2018.

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