Why Spartan Stores (SPTN) Could Be a Top Value Stock Pick - Tale of the Tape - SpartanNash (NASDAQ:SPTN)

Value investing is always a very popular strategy, and for good reason. After all, who doesn't want to find stocks that have low PEs, solid outlooks, and decent dividends?

Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Spartan Stores Inc. SPTN.

Spartan Stores in Focus

SPTN may be an interesting play thanks to its forward PE of 12, its P/S ratio of 0.26, and its decent dividend yield of 2.16%. These factors suggest that Spartan Stores is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that SPTN has decent revenue metrics to back up its earnings.

But before you think that Spartan Stores is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 8.9% in the past 60 days, thanks to 2 upward revisions in the past two months.

This estimate strength is actually enough to push SPTN to a Zacks Rank #1 (Strong Buy), suggesting it is poised to outperform. So really, Spartan Stores is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.

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Why Spartan Stores (SPTN) Could Be a Top Value Stock Pick - Tale of the Tape