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 maximum price target given was 12, implying a possible profit of 18.34 percent. The most pessimistic analyst gave a price target of 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -3.85 percent if we expand the time horizon to include the past 3 months instead of just one. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's 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 lower than its 52-week high. 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 market cap of SPLS is $6.69 billion. SPLS will post this quarters earnings in days, on 0000-00-00.