SpartanNash Company (SPTN) Stock Forecast, Price Target & Predictions


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SPTN Stock Forecast


SpartanNash Company stock forecast is as follows: an average price target of $27.50 (represents a 50.11% upside from SPTN’s last price of $18.32) 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 50.11% upside from SPTN's last price of $18.32.

SPTN Analyst Ratings


Hold

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 31, 2024Kelly BaniaBMO Capital$20.00$19.910.45%9.17%
May 19, 2023Kelly BaniaBMO Capital$31.00$24.1228.52%69.21%
Nov 14, 2022-Deutsche Bank$35.00$32.896.42%91.05%
Jun 19, 2022Paul TrussellDeutsche Bank$26.00$29.37-11.47%41.92%
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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 9.17% increase from SPTN last price ($18.32).

SpartanNash Company Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$20.00
Last Closing Price$18.32$18.32$18.32
Upside/Downside-100.00%-100.00%9.17%

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 $18.32. 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


DateCompanyPrevious RatingNew RatingRating Change
May 31, 2024BMO CapitalMarket PerformMarket PerformHold
Apr 09, 2024Piper SandlerNeutralNeutralHold
Aug 23, 2023Deutsche BankHoldHoldHold
Jun 07, 2023BMO CapitalMarket PerformMarket PerformHold
May 19, 2023Deutsche BankHoldHoldHold
Apr 06, 2023Deutsche BankHoldHoldHold
Dec 01, 2022Guggenheim-SellDowngrade
Dec 01, 2022Exane BNP Paribas-UnderperformDowngrade
Dec 01, 2022Piper Sandler-NeutralDowngrade
Dec 01, 2022Wolfe Research-Peer PerformDowngrade
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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 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Apr 22Jan 22Oct 21Jul 21Jul 20Jul 19Jul 18Jul 17Jul 16Jul 15Apr 14Apr 13Apr 12Apr 11Apr 10Apr 09
Revenue----------$2.31B$2.91B--$2.76B--$2.11B$2.18B$2.00B$1.90B$1.89B$1.83B$1.80B$2.33B-----
Avg Forecast$2.34B$2.30B$2.26B$2.85B$2.27B$2.37B$2.25B$2.24B$2.27B$2.30B$2.10B$2.05B$2.22B$2.05B$2.14B$2.00B$1.99B$2.69B$2.05B$3.39B$2.30B$2.31B$2.07B$2.16B$2.28B$481.65M$521.24M$470.65M$423.92M$552.24M
High Forecast$2.35B$2.31B$2.27B$2.86B$2.28B$2.38B$2.26B$2.27B$2.28B$2.32B$2.11B$2.06B$2.23B$2.05B$2.14B$2.00B$1.99B$3.23B$2.46B$4.07B$2.76B$2.77B$2.48B$2.59B$2.73B$577.98M$625.49M$564.78M$508.70M$662.68M
Low Forecast$2.33B$2.29B$2.25B$2.84B$2.26B$2.36B$2.24B$2.22B$2.26B$2.24B$2.09B$2.04B$2.21B$2.05B$2.14B$2.00B$1.99B$2.15B$1.64B$2.71B$1.84B$1.85B$1.65B$1.72B$1.82B$385.32M$416.99M$376.52M$339.13M$441.79M
# Analysts11123111242221791416871013171720127191318
Surprise %----------1.10%1.42%--1.29%--0.78%1.07%0.59%0.82%0.82%0.88%0.83%1.03%-----

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 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Apr 22Jan 22Oct 21Jul 21Jul 20Jul 19Jul 18Jul 17Jul 16Jul 15Apr 14Apr 13Apr 12Apr 11Apr 10Apr 09
# Analysts11123111242221791416871013171720127191318
EBITDA----------$35.79M$29.51M--$57.09M--$50.80M$57.81M$36.02M$29.69M$60.13M$57.55M$56.38M$59.84M-----
Avg Forecast$25.44M$25.02M$24.56M$31.00M$24.70M$25.80M$24.50M$24.42M$24.70M$24.99M$22.83M$22.26M$51.39M$22.26M$23.25M$21.76M$21.70M$30.46M$51.74M$61.72M$49.51M$54.54M$40.96M$46.27M$24.76M$19.37M$23.05M$19.12M$11.46M$20.40M
High Forecast$25.55M$25.14M$24.67M$31.14M$24.81M$25.92M$24.60M$24.71M$24.81M$25.24M$22.94M$22.36M$61.66M$22.26M$23.25M$21.76M$21.70M$36.55M$62.09M$74.06M$59.41M$65.44M$49.16M$55.52M$29.71M$23.25M$27.66M$22.94M$13.75M$24.49M
Low Forecast$25.31M$24.90M$24.44M$30.85M$24.58M$25.67M$24.39M$24.12M$24.59M$24.41M$22.72M$22.15M$41.11M$22.26M$23.25M$21.76M$21.70M$24.37M$41.39M$49.38M$39.60M$43.63M$32.77M$37.01M$19.80M$15.50M$18.44M$15.30M$9.17M$16.32M
Surprise %----------1.57%1.33%--2.46%--1.67%1.12%0.58%0.60%1.10%1.40%1.22%2.42%-----

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 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Apr 22Jan 22Oct 21Jul 21Jul 20Jul 19Jul 18Jul 17Jul 16Jul 15Apr 14Apr 13Apr 12Apr 11Apr 10Apr 09
# Analysts11123111242221791416871013171720127191318
Net Income----------$19.47M$11.34M--$19.29M--$16.81M$28.47M$-6.77M$17.77M$21.03M$17.48M$20.26M$12.31M-----
Avg Forecast$12.08M$15.88M$20.02M$18.18M$10.70M$53.21M$14.50M$16.86M$13.12M$20.16M$8.53M$14.15M$34.26M$14.15M$21.50M$9.20M$12.98M$19.52M$9.31M$9.34M$11.84M$14.72M$8.89M$9.55M$13.12M$5.92M$8.62M$6.13M$2.18M$7.96M
High Forecast$12.16M$15.98M$20.14M$18.29M$12.43M$53.53M$14.59M$17.66M$13.20M$21.20M$8.58M$14.24M$41.11M$14.15M$21.50M$9.20M$12.98M$23.42M$11.17M$11.20M$14.20M$17.67M$10.67M$11.46M$15.88M$7.11M$10.34M$7.35M$2.62M$9.55M
Low Forecast$12.01M$15.78M$19.90M$18.07M$8.98M$52.88M$14.41M$16.05M$12.77M$19.12M$8.48M$14.07M$27.41M$14.15M$21.50M$9.20M$12.98M$15.61M$7.44M$7.47M$9.47M$11.78M$7.11M$7.64M$10.36M$4.74M$6.89M$4.90M$1.75M$6.37M
Surprise %----------2.28%0.80%--0.90%--0.86%3.06%-0.72%1.50%1.43%1.97%2.12%0.94%-----

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 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Apr 22Jan 22Oct 21Jul 21Jul 20Jul 19Jul 18Jul 17Jul 16Jul 15Apr 14Apr 13Apr 12Apr 11Apr 10Apr 09
# Analysts11123111242221791416871013171720127191318
SG&A----------$318.80M$418.20M--$422.18M--$304.25M$300.73M$266.47M$236.20M$231.48M$223.42M$225.43M$314.68M-----
Avg Forecast$323.62M$318.35M$312.45M$394.39M$314.23M$328.22M$311.66M$408.10M$314.23M$317.94M$290.47M$371.00M$445.14M$283.20M$337.27M$276.85M$276.13M$387.94M$236.41M$450.50M$297.40M$316.72M$266.14M$280.25M$306.61M$86.91M$94.73M$89.33M$58.68M$112.10M
High Forecast$325.12M$319.82M$313.89M$396.21M$315.68M$329.73M$312.99M$489.71M$315.61M$321.11M$291.81M$445.20M$534.17M$283.20M$404.72M$276.85M$276.13M$465.52M$283.69M$540.60M$356.87M$380.06M$319.37M$336.30M$367.93M$104.29M$113.68M$107.19M$70.42M$134.52M
Low Forecast$322.05M$316.80M$310.93M$392.48M$312.70M$326.62M$310.33M$326.48M$312.84M$310.63M$289.05M$296.80M$356.11M$283.20M$269.82M$276.85M$276.13M$310.35M$189.13M$360.40M$237.92M$253.37M$212.91M$224.20M$245.29M$69.53M$75.79M$71.46M$46.95M$89.68M
Surprise %----------1.10%1.13%--1.25%--0.78%1.27%0.59%0.79%0.73%0.84%0.80%1.03%-----

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 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Apr 22Jan 22Oct 21Jul 21Jul 20Jul 19Jul 18Jul 17Jul 16Jul 15Apr 14Apr 13Apr 12Apr 11Apr 10Apr 09
# Analysts11123111242221791416871013171720127191318
EPS----------$0.57$0.33--$0.54--$0.47$0.80$-0.19$0.49$0.56$0.47$0.54$0.33-----
Avg Forecast$0.35$0.46$0.58$0.53$0.31$1.54$0.42$0.49$0.38$0.58$0.25$0.41$0.43$0.41$0.62$0.27$0.38$1.01$0.29$0.40$0.51$0.53$0.44$0.38$0.38$0.30$0.32$0.22$0.15$0.36
High Forecast$0.35$0.46$0.58$0.53$0.36$1.55$0.42$0.51$0.38$0.61$0.25$0.41$0.43$0.41$0.62$0.27$0.38$1.01$0.35$0.48$0.61$0.64$0.53$0.46$0.46$0.36$0.38$0.26$0.18$0.43
Low Forecast$0.35$0.46$0.58$0.52$0.26$1.53$0.42$0.47$0.37$0.55$0.25$0.41$0.43$0.41$0.62$0.27$0.38$1.01$0.23$0.32$0.41$0.42$0.35$0.30$0.30$0.24$0.26$0.18$0.12$0.29
Surprise %----------2.31%0.80%--0.87%--0.46%2.76%-0.47%0.96%1.06%1.07%1.42%0.87%-----

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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
SPTNSpartanNash Company$18.32$27.5050.11%Hold
AVOMission Produce$13.55$19.0040.22%Buy
CHEFChefs' Warehouse$41.93$51.0021.63%Buy
SYYSysco$76.66$88.5415.50%Buy
CVGWCalavo Growers$27.90$31.0011.11%-
PFGCPerformance Food Group Company$85.30$75.80-11.14%Buy
USFDUS Foods$66.82$57.91-13.33%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 50.11% from its last price of $18.32. 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 50.11% (from the last price of $18.32 to the average price target of $27.5), up by 91.05% based on the highest stock price target, and up by 9.17% 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 $2.1B by 10.20%. The company's EBITDA was $35.79M, beating the average prediction of $22.83M by 56.75%. SpartanNash Company's net income was $19.47M, beating the average estimation of $8.53M by 128.18%. The company's SG&A was $318.8M, beating the average forecast of $290.47M by 9.75%. Lastly, the company's EPS was $0.57, beating the average prediction of $0.247 by 130.64%