Sears Holdings Corp (NASDAQ:SHLD) has received a consensus broker rating score of 5.00 (Strong Sell) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong sell recommendation.
Zacks has also assigned Sears Holdings Corp an industry rank of 102 out of 265 based on the ratings given to its competitors.
Separately, Vetr downgraded shares of Sears Holdings Corp from a “hold” rating to a “sell” rating and set a $22.06 target price for the company. in a research note on Monday, October 5th.
In other Sears Holdings Corp news, CEO Edward S. Lampert acquired 192,433 shares of the company’s stock in a transaction on Friday, December 18th. The shares were purchased at an average price of $19.68 per share, for a total transaction of $3,787,081.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Edward S. Lampert acquired 161,119 shares of the company’s stock in a transaction on Monday, December 7th. The stock was acquired at an average price of $19.94 per share, for a total transaction of $3,212,712.86. The disclosure for this purchase can be found here.
Shares of Sears Holdings Corp (NASDAQ:SHLD) opened at 20.56 on Monday. Sears Holdings Corp has a one year low of $18.03 and a one year high of $46.23. The stock’s market cap is $2.19 billion. The company has a 50 day moving average of $20.96 and a 200-day moving average of $23.72.
Sears Holdings Corp (NASDAQ:SHLD) last issued its earnings results on Thursday, December 3rd. The company reported ($2.86) EPS for the quarter, missing the consensus estimate of ($2.84) by $0.02. During the same quarter in the prior year, the firm earned ($2.84) EPS. The business had revenue of $5.80 billion for the quarter, compared to the consensus estimate of $5.51 billion. The business’s quarterly revenue was down 20.2% on a year-over-year basis. On average, analysts anticipate that Sears Holdings Corp will post ($9.89) earnings per share for the current year.
Sears Holdings Corporation is an integrated retailer and a holding company of Kmart Holding Corporation (NASDAQ:SHLD) and Sears, Roebuck and Co. (Sears). The Company operates through two business segments: Kmart and Sears Domestic. The Company operates a network of stores with approximately 1,725 full-line and specialty retail stores in the United States, operating through Kmart and Sears. The Company operates a number of websites under the sears.com and kmart.com banners. The Company is also the home of Shop Your Way, a free member-based social shopping platform that offers rewards, personalized services. Shop Your Way connects all of the ways members shop in store, at home, online and by phone. The Company, through Kmart stores, offers an array of products across many merchandise categories, including consumer electronics, seasonal merchandise, outdoor living, toys, lawn and garden equipment, food and consumables and apparel.
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