Analyst Ratings for Spirit Realty Capital Inc. (SRC)Updated: 2017-07-28
Spirit Realty Capital Inc. (NYSE:SRC) was awarded an average rating of Hold from investment analysts following the stock. SRC had previously received a consensus rating of Hold a month ago.
16 analysts issued ratings on the stock, where 3 gave SRC a buy rating, 1 issued an overweight rating, 10 gave a hold rating, 2 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 8. During this time, the number of analysts bearish on the stock has increased by 1.
Several price targets were given for SRC by the analysts covering the stock. The maximum price target given was 10, implying a possible profit of 27.06 percent. The most pessimistic price target was 6.5, implying a possible loss of -17.41 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -10.8 percent if we expand the time horizon to include the past 3 months instead of just one. 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 -19.12 percent in FY estimates.
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 2 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of SRC to grow at a rate of 1185.87 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of SRC is 0.11.
SRC has traded between a high of 13.97 and a low of 6.64 over the past year. Today's price is 18.52 percent above the 52-week low, and below the high by 43.66 percent. SRC has a price/earnings ratio of 129.23. Investors typically compare the P/E ratio to a company's peers in the industry. The SRC value stock report compares SRC to some of its peers using value stock charts. The stock has a market capitalization of $3.87 billion. SRC's next earnings release will be on 0000-00-00, which is days away.