Analyst Ratings for Staples Inc. (SPLS)Updated: 2017-07-28
Analysts covering Staples Inc. (NASDAQ:SPLS) have given it a consensus rating of Hold. SPLS had previously received a consensus rating of Hold a month ago.
1 analysts declared SPLS a buy, 0 issued an overweight rating, 9 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 2 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Investment analysts gave a few price targets for SPLS. The maximum price target given was 12, implying potential capital gains of 18.34 percent. The minimum price target given was 8, implying a possible loss of -21.1 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -3.85 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.56 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
SPLS has traded between a high of 10.25 and a low of 7.24 over the past year. The current market price is above the trailing year's low by 40.06 percent, and 1.07 percent below the high. SPLS has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The SPLS value stock report compares SPLS to some of its peers using value stock charts. The stock has a market capitalization of $6.69 billion. SPLS will post this quarters earnings in days, on 0000-00-00.