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.
A number of analysts gave price targets for SPLS. The highest price target was 12, implying potential capital gains of 18.34 percent. The most pessimistic price target was 8, implying potential capital losses 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -3.85 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.56 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
SPLS has a 52-week high of 10.25 and a 52-week low of 7.24. The current market price is above the trailing year's low by 40.06 percent, and 1.07 percent lower than its 52-week 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's next earnings release will be on 0000-00-00, which is days away.