Safeway Inc. (SWY): Today's Featured Retail Loser
(
) pushed the Retail industry lower today making it today's featured Retail loser. The industry as a whole closed the day up 0.7%. By the end of trading, Safeway fell 19 cents (-1%) to $18.84 on light volume. Throughout the day, 5.8 million shares of Safeway exchanged hands as compared to its average daily volume of 8.3 million shares. The stock ranged in price between $18.50-$19 after having opened the day at $18.93 as compared to the previous trading day's close of $19.03. Other company's within the Retail industry that declined today were:
(
), down 7.8%,
(
), down 5%,
Alon Holdings Blue Square - Israel
(
), down 4.1%, and
TheStreet Recommends
(
), down 3.8%.
Safeway Inc., together with its subsidiaries, operates as a food and drug retailer in North America. Safeway has a market cap of $4.54 billion and is part of the
sector. The company has a P/E ratio of 11, below the average retail industry P/E ratio of 11.1 and below the S&P 500 P/E ratio of 17.7. Shares are down 9.6% year to date as of the close of trading on Tuesday. Currently there are five analysts that rate Safeway a buy, four analysts rate it a sell, and eight rate it a hold.
TheStreet Ratings rates Safeway as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, poor profit margins and weak operating cash flow.
- You can view the full Safeway Ratings Report.
On the positive front,
(
), up 9.9%,
(
), up 7.6%,
(
), up 6.6%, and
(
), up 6.5%, were all gainers within the retail industry with
(
) being today's featured retail industry winner.
- Use our retail section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider
(
) while those bearish on the retail industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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