Analyst Ratings for SPX FLOW Inc. (FLOW)Updated: 2017-07-27
SPX FLOW Inc. (NYSE:FLOW) was awarded an average rating of Overweight from investment analysts following the stock. Last month, FLOW received an average rating of Hold.
A buy rating was issued by 4 analysts, 1 gave an overweight rating, 4 gave a hold rating, 1 issued an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for FLOW. The most optimistic analyst gave a price target of 47, implying potential capital gains of 34.06 percent. The minimum price target given was 31, which equates to a potential downside of -11.58 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 -22.92 percent. The average change in earnings estimates over the last 90 days is -26.09 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -14.8 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -10.12 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 5 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 5 analysts made negative revisions to their fiscal year's estimates.
FLOW has traded between a high of 40.66 and a low of 22.34 over the past year. Currently the stock is 56.94 percent higher than its low, and 13.77 percent below the high. FLOW has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The FLOW value stock report compares FLOW to some of its peers using value stock charts. The stock has a market capitalization of $1.48 billion. FLOW will post this quarters earnings in days, on 0000-00-00.