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.
SPLS was given price targets by several analysts. The most optimistic price target was 12, implying a possible profit of 18.34 percent. The most pessimistic analyst gave a price target of 8, implying potential capital losses of -21.1 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. 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. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
In the last 52-weeks, SPLS has achieved a high of 10.25 and a low of 7.24. The current market price is above the trailing year's low by 40.06 percent, and below the high by 1.07 percent. SPLS has a price/earnings 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.