SpartanNash Company (SPTN) Stock Forecast, Price Target & Predictions
SPTN Stock Forecast
SpartanNash Company stock forecast is as follows: an average price target of $27.50 (represents a 24.83% upside from SPTN’s last price of $22.03) and a rating consensus of 'Hold', based on 9 wall street analysts offering a 1-year stock forecast.
SPTN Price Target
The average price target for SpartanNash Company (SPTN) is $27.50 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $35.00 to $20.00. This represents a potential 24.83% upside from SPTN's last price of $22.03.
SPTN Analyst Ratings
According to 9 Wall Street analysts, SpartanNash Company's rating consensus is 'Hold'. The analyst rating breakdown for SPTN stock is 0 'Strong Buy' (0.00%), 1 'Buy' (11.11%), 5 'Hold' (55.56%), 3 'Sell' (33.33%), and 0 'Strong Sell' (0.00%).
SpartanNash Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 31, 2024 | Kelly Bania | BMO Capital | $20.00 | $19.91 | 0.45% | -9.21% |
| May 19, 2023 | Kelly Bania | BMO Capital | $31.00 | $24.12 | 28.52% | 40.72% |
| Nov 14, 2022 | - | Deutsche Bank | $35.00 | $32.89 | 6.42% | 58.87% |
| Jun 19, 2022 | Paul Trussell | Deutsche Bank | $26.00 | $29.37 | -11.47% | 18.02% |
The latest SpartanNash Company stock forecast, released on May 31, 2024 by Kelly Bania from BMO Capital, set a price target of $20.00, which represents a 0.45% increase from the stock price at the time of the forecast ($19.91), and a -9.21% decrease from SPTN last price ($22.03).
SpartanNash Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $20.00 |
| Last Closing Price | $22.03 | $22.03 | $22.03 |
| Upside/Downside | -100.00% | -100.00% | -9.21% |
In the current month, the average price target of SpartanNash Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to SpartanNash Company's last price of $22.03. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 31, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Apr 09, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Aug 23, 2023 | Deutsche Bank | Hold | Hold | Hold |
| Jun 07, 2023 | BMO Capital | Market Perform | Market Perform | Hold |
| May 19, 2023 | Deutsche Bank | Hold | Hold | Hold |
| Apr 06, 2023 | Deutsche Bank | Hold | Hold | Hold |
| Dec 01, 2022 | Guggenheim | - | Sell | Downgrade |
| Dec 01, 2022 | Exane BNP Paribas | - | Underperform | Downgrade |
| Dec 01, 2022 | Piper Sandler | - | Neutral | Downgrade |
| Dec 01, 2022 | Wolfe Research | - | Peer Perform | Downgrade |
SpartanNash Company's last stock rating was published by BMO Capital on May 31, 2024. The company gave SPTN a "Market Perform" rating, the same as its previous rate.
SpartanNash Company Financial Forecast
SpartanNash Company Revenue Forecast
| Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Jan 21 | Oct 20 | Jul 20 | Jan 20 | Oct 19 | Jul 19 | Jan 19 | Oct 18 | Jul 18 | Jan 18 | Oct 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | $2.31B | $2.91B | - | - | $2.27B | $2.76B | - | - | $2.11B | - | - | $2.18B | - | - | $2.00B | - | - | $1.90B | - | - |
| Avg Forecast | $2.34B | $2.39B | $2.35B | $2.28B | $2.27B | $2.86B | $2.25B | $2.25B | $2.27B | $2.30B | $2.25B | $2.19B | $2.10B | $2.05B | $2.22B | $2.14B | $2.00B | $1.99B | $2.69B | $2.21B | $1.79B | $2.05B | $2.35B | $2.53B | $3.39B | $2.25B | $1.81B | $2.30B | $1.89B | $1.87B |
| High Forecast | $2.34B | $2.39B | $2.36B | $2.28B | $2.27B | $2.86B | $2.26B | $2.25B | $2.28B | $2.32B | $2.25B | $2.19B | $2.10B | $2.05B | $2.22B | $2.15B | $2.02B | $2.01B | $3.23B | $2.66B | $2.15B | $2.46B | $2.81B | $3.04B | $4.07B | $2.70B | $2.17B | $2.76B | $2.26B | $2.24B |
| Low Forecast | $2.34B | $2.39B | $2.35B | $2.27B | $2.27B | $2.84B | $2.25B | $2.24B | $2.26B | $2.24B | $2.25B | $2.19B | $2.09B | $2.04B | $2.22B | $2.12B | $1.99B | $1.98B | $2.15B | $1.77B | $1.44B | $1.64B | $1.88B | $2.03B | $2.71B | $1.80B | $1.45B | $1.84B | $1.51B | $1.49B |
| # Analysts | 2 | - | - | - | - | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 7 | 9 | 14 | 16 | 10 | 13 | 8 | 12 | 9 | 7 | 12 | 18 | 10 | 15 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.33% | - | - | 1.02% | 1.29% | - | - | 0.78% | - | - | 1.07% | - | - | 0.59% | - | - | 0.82% | - | - |
SpartanNash Company's average Quarter revenue forecast for Oct 23 based on 4 analysts is $2.30B, with a low forecast of $2.24B, and a high forecast of $2.32B. SPTN's average Quarter revenue forecast represents a -0.67% decrease compared to the company's last Quarter revenue of $2.31B (Jul 23).
SpartanNash Company EBITDA Forecast
| Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Jan 21 | Oct 20 | Jul 20 | Jan 20 | Oct 19 | Jul 19 | Jan 19 | Oct 18 | Jul 18 | Jan 18 | Oct 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | - | - | - | - | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 7 | 9 | 14 | 16 | 10 | 13 | 8 | 12 | 9 | 7 | 12 | 18 | 10 | 15 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | $35.79M | $29.51M | - | - | $14.78M | $57.09M | - | - | $50.80M | - | - | $57.81M | - | - | $36.02M | - | - | $29.69M | - | - |
| Avg Forecast | $25.43M | $26.01M | $25.58M | $24.76M | $24.69M | $31.07M | $24.50M | $24.43M | $24.70M | $24.99M | $24.52M | $23.82M | $22.83M | $58.81M | $24.14M | $23.25M | $40.62M | $46.49M | $30.46M | $40.24M | $43.46M | $51.74M | $37.50M | $32.05M | $61.72M | $9.15M | $45.04M | $49.51M | $62.64M | $-173.77M |
| High Forecast | $25.43M | $26.06M | $25.63M | $24.81M | $24.74M | $31.13M | $24.54M | $24.48M | $24.81M | $25.24M | $24.52M | $23.87M | $22.87M | $70.57M | $24.14M | $23.42M | $48.75M | $55.79M | $36.55M | $48.29M | $52.15M | $62.09M | $45.00M | $38.46M | $74.06M | $10.99M | $54.04M | $59.41M | $75.17M | $-139.01M |
| Low Forecast | $25.43M | $25.97M | $25.54M | $24.72M | $24.65M | $30.93M | $24.46M | $24.39M | $24.59M | $24.41M | $24.52M | $23.79M | $22.79M | $47.05M | $24.14M | $23.10M | $32.50M | $37.19M | $24.37M | $32.19M | $34.77M | $41.39M | $30.00M | $25.64M | $49.38M | $7.32M | $36.03M | $39.60M | $50.11M | $-208.52M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.46% | 1.24% | - | - | 0.61% | 2.46% | - | - | 1.67% | - | - | 1.12% | - | - | 0.58% | - | - | 0.60% | - | - |
4 analysts predict SPTN's average Quarter EBITDA for Oct 23 to be $24.99M, with a high of $25.24M and a low of $24.41M. This is -30.17% lower than SpartanNash Company's previous annual EBITDA (Jul 23) of $35.79M.
SpartanNash Company Net Income Forecast
| Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Jan 21 | Oct 20 | Jul 20 | Jan 20 | Oct 19 | Jul 19 | Jan 19 | Oct 18 | Jul 18 | Jan 18 | Oct 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | - | - | - | - | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 7 | 9 | 14 | 16 | 10 | 13 | 8 | 12 | 9 | 7 | 12 | 18 | 10 | 15 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | $19.47M | $11.34M | - | - | $5.12M | $19.29M | - | - | $16.81M | - | - | $28.47M | - | - | $-6.77M | - | - | $17.77M | - | - |
| Avg Forecast | $16.92M | $19.16M | $15.19M | $18.12M | $21.40M | $19.33M | $14.56M | $16.97M | $12.80M | $20.16M | $11.05M | $16.25M | $8.53M | $20.05M | $14.80M | $21.50M | $27.08M | $15.85M | $19.52M | $12.63M | $17.38M | $9.31M | $6.23M | $-407.95K | $9.34M | $-16.22M | $16.74M | $11.84M | $34.60M | $-123.50M |
| High Forecast | $16.92M | $19.21M | $15.23M | $18.17M | $21.46M | $19.38M | $14.59M | $17.02M | $12.83M | $21.20M | $11.05M | $16.29M | $8.55M | $24.06M | $14.80M | $21.71M | $32.50M | $19.02M | $23.42M | $15.16M | $20.85M | $11.17M | $7.47M | $-326.36K | $11.20M | $-12.98M | $20.08M | $14.20M | $41.52M | $-98.80M |
| Low Forecast | $16.92M | $19.12M | $15.16M | $18.09M | $21.36M | $18.93M | $14.53M | $16.94M | $12.46M | $19.12M | $11.05M | $16.22M | $8.51M | $16.04M | $14.80M | $21.32M | $21.66M | $12.68M | $15.61M | $10.10M | $13.90M | $7.44M | $4.98M | $-489.54K | $7.47M | $-19.46M | $13.39M | $9.47M | $27.68M | $-148.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.76% | 0.70% | - | - | 0.35% | 0.90% | - | - | 0.86% | - | - | 3.06% | - | - | -0.72% | - | - | 1.50% | - | - |
SpartanNash Company's average Quarter net income forecast for Oct 23 is $20.16M, with a range of $19.12M to $21.20M. SPTN's average Quarter net income forecast represents a 3.56% increase compared to the company's last Quarter net income of $19.47M (Jul 23).
SpartanNash Company SG&A Forecast
| Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Jan 21 | Oct 20 | Jul 20 | Jan 20 | Oct 19 | Jul 19 | Jan 19 | Oct 18 | Jul 18 | Jan 18 | Oct 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | - | - | - | - | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 7 | 9 | 14 | 16 | 10 | 13 | 8 | 12 | 9 | 7 | 12 | 18 | 10 | 15 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | $318.80M | $418.20M | - | - | $338.87M | $422.18M | - | - | $304.25M | - | - | $300.73M | - | - | $266.47M | - | - | $236.20M | - | - |
| Avg Forecast | $323.55M | $330.90M | $325.48M | $315.01M | $314.19M | $395.33M | $311.66M | $408.10M | $314.27M | $317.94M | $311.96M | $371.00M | $290.47M | $405.41M | $307.19M | $337.27M | $351.89M | $320.48M | $387.94M | $330.75M | $251.74M | $236.41M | $312.57M | $330.82M | $450.50M | $258.87M | $219.06M | $297.40M | $232.01M | $228.49M |
| High Forecast | $323.55M | $331.52M | $326.09M | $315.60M | $314.78M | $396.07M | $312.24M | $489.71M | $315.66M | $321.11M | $311.96M | $445.20M | $291.01M | $486.50M | $307.19M | $404.72M | $422.27M | $384.58M | $465.52M | $396.90M | $302.09M | $283.69M | $375.09M | $396.98M | $540.60M | $310.64M | $262.87M | $356.87M | $278.41M | $274.19M |
| Low Forecast | $323.55M | $330.37M | $324.95M | $314.50M | $313.69M | $393.56M | $311.15M | $326.48M | $312.89M | $310.63M | $311.96M | $296.80M | $290.00M | $324.33M | $307.19M | $269.82M | $281.51M | $256.39M | $310.35M | $264.60M | $201.39M | $189.13M | $250.06M | $264.66M | $360.40M | $207.09M | $175.25M | $237.92M | $185.60M | $182.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.13% | - | - | 1.10% | 1.25% | - | - | 0.78% | - | - | 1.27% | - | - | 0.59% | - | - | 0.79% | - | - |
SpartanNash Company's average Quarter SG&A projection for Oct 23 is $317.94M, based on 4 Wall Street analysts, with a range of $310.63M to $321.11M. The forecast indicates a -0.27% fall compared to SPTN last annual SG&A of $318.80M (Jul 23).
SpartanNash Company EPS Forecast
| Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Jan 21 | Oct 20 | Jul 20 | Jan 20 | Oct 19 | Jul 19 | Jan 19 | Oct 18 | Jul 18 | Jan 18 | Oct 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | - | - | - | - | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 7 | 9 | 14 | 16 | 10 | 13 | 8 | 12 | 9 | 7 | 12 | 18 | 10 | 15 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | $0.57 | $0.33 | - | - | $0.14 | $0.54 | - | - | $0.47 | - | - | $0.80 | - | - | $-0.19 | - | - | $0.49 | - | - |
| Avg Forecast | $0.49 | $0.56 | $0.44 | $0.53 | $0.62 | $0.56 | $0.42 | $0.49 | $0.37 | $0.58 | $0.32 | $0.47 | $0.25 | $0.41 | $0.43 | $0.62 | $0.27 | $0.38 | $1.01 | $0.47 | $0.54 | $0.29 | $0.31 | $0.46 | $0.40 | $0.44 | $0.46 | $0.51 | $0.41 | $0.54 |
| High Forecast | $0.49 | $0.56 | $0.44 | $0.53 | $0.62 | $0.56 | $0.42 | $0.49 | $0.37 | $0.61 | $0.32 | $0.47 | $0.25 | $0.41 | $0.43 | $0.63 | $0.27 | $0.38 | $1.02 | $0.56 | $0.65 | $0.35 | $0.37 | $0.55 | $0.48 | $0.53 | $0.55 | $0.61 | $0.49 | $0.65 |
| Low Forecast | $0.49 | $0.55 | $0.44 | $0.52 | $0.62 | $0.55 | $0.42 | $0.49 | $0.36 | $0.55 | $0.32 | $0.47 | $0.25 | $0.41 | $0.43 | $0.62 | $0.26 | $0.37 | $1.00 | $0.38 | $0.43 | $0.23 | $0.25 | $0.37 | $0.32 | $0.35 | $0.37 | $0.41 | $0.33 | $0.43 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.78% | 0.70% | - | - | 0.33% | 0.87% | - | - | 0.46% | - | - | 2.76% | - | - | -0.47% | - | - | 0.96% | - | - |
According to 4 Wall Street analysts, SpartanNash Company's projected average Quarter EPS for Oct 23 is $0.58, with a low estimate of $0.55 and a high estimate of $0.61. This represents a 2.46% increase compared to SPTN previous annual EPS of $0.57 (Jul 23).
SpartanNash Company Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AVO | Mission Produce | $13.18 | $19.00 | 44.16% | Buy |
| SPTN | SpartanNash Company | $22.03 | $27.50 | 24.83% | Hold |
| CHEF | Chefs' Warehouse | $40.71 | $48.75 | 19.75% | Buy |
| SYY | Sysco | $76.52 | $88.25 | 15.33% | Buy |
| CVGW | Calavo Growers | $29.02 | $31.00 | 6.82% | - |
| PFGC | Performance Food Group Company | $73.51 | $74.44 | 1.27% | Buy |
| USFD | US Foods | $59.78 | $55.55 | -7.08% | Buy |
SPTN Forecast FAQ
Is SpartanNash Company a good buy?
No, according to 9 Wall Street analysts, SpartanNash Company (SPTN) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 11.11% of SPTN's total ratings.
What is SPTN's price target?
SpartanNash Company (SPTN) average price target is $27.5 with a range of $20 to $35, implying a 24.83% from its last price of $22.03. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will SpartanNash Company stock go up soon?
According to Wall Street analysts' prediction for SPTN stock, the company can go up by 24.83% (from the last price of $22.03 to the average price target of $27.5), up by 58.87% based on the highest stock price target, and down by -9.21% based on the lowest stock price target.
Can SpartanNash Company stock reach $30?
SPTN's highest twelve months analyst stock price target of $35 supports the claim that SpartanNash Company can reach $30 in the near future.
Did the SPTN's actual financial results beat the analysts' financial forecasts?
In terms of the last quarterly report (Jul 2023), SpartanNash Company's revenue was $2.31B, beating the average analysts' forecast of $2.25B by 2.61%. The company's EBITDA was $35.79M, beating the average prediction of $24.52M by 45.95%. SpartanNash Company's net income was $19.47M, beating the average estimation of $11.05M by 76.22%. The company's SG&A was $318.8M, beating the average forecast of $311.96M by 2.19%. Lastly, the company's EPS was $0.57, beating the average prediction of $0.32 by 78.12%