Sears Holding Corporation Traded Down By 3.47%
In the recent trading session, the holding company's stock traded down by 3.47% and has continued to decline since April.
According to the earnings reported by the company for the most recent a quarter, the actual sales made by the Sears Holding Corporation is of $6211 million. In comparison to the sales that were expected by the experts, there was a difference of $118 million, as according to the consensus expectation by the analysts for the quarterly sales was $6093.5 million. The difference in percentage between the expected and actual sales is 1.928%.
The next earnings of the Holding company will be reported on December 3, 2015. Brokerage firms and analysts have however continued to comment on the Sears Holding Corporation’s stock and have along with that have also continued rating the company’s stock. As per the experts, the overall rating of the stock of the holding company currently is 5. This rating has been established by a number of analysts and brokers in the market.
According to the earnings report announced by Sears on August 8, 2015, the actual earnings per share that were reported were -3.21 where the estimate of the analysts was the same as the expected EPS. In the trading session that took place on Tuesday, November 11, 2015 the stock of the company went down by 4.31%. The stock was being traded down $1.07 at a share price of $23.74 per share. The shares that were being traded in the previous trading session were 168,121 shares. Since April 9, 2015, Sears’s stock has been down trending and since then the stock has smoothly declined by 42.86%. Additionally, the stock of the leading home appliance retailer in North America also underperformed the S&P 500 index by 42.21%. Currently, the analysts are waiting on the Sears Holding Corporation to report its earnings on December 3, 2015.
Zacks, the research firm, has given Sear’s stock an industry rating of 166. This rating is based on the ratings that have been given to companies in the same industry and is out of 265. As for the average broker rating score, the shares of Sear stand at 5 which is a Strong Buy which is a rating recommended by one of the experts at Zacks while another on had added the stock of the company to its Strong Sell list.
On Tuesday, at the trading session the stock of the holding company declined by 3.47% and the shares were being traded at a share price of $23.93; additionally the shares in hand that were being traded were 77,026. For the current quarter the company has reported earnings per share of $2.40 which was very close to Thomson Reuters’ estimate of $2.50. Basically the different been the actual and expect was of $0.10. The revenue reported by the company on that earnings call was $6.20 billion in comparison to the analyst’s prediction which was $5.72 billion; there was a difference of $0.48 million.
In comparison to the same quarter of the previous fiscal year, the EPS that was reported was $2.82. As per the current quarter of the fiscal year, on a year to year basis the revenue of the company is down by 22.5%. For the future, the stock experts have estimated that the company will report earnings per share of $10.29.
