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.
SRC was given price targets by several analysts. The highest price target was 10, implying potential capital gains of 27.06 percent. The most pessimistic price target was 6.5, implying a possible loss of -17.41 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 -10.8 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -19.12 percent in FY estimates.
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 2 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
The growth rate of SRC's earnings is estimated by analysts to be 1185.87 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. SRC has a PEG ratio of 0.11.
In the trailing 52-weeks, SRC hit 13.97 at the highest peak, while it's lowest trading point was 6.64. The current market price is above the trailing year's low by 18.52 percent, and 43.66 percent below the high. SRC has a P/E 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 will post this quarters earnings in days, on 0000-00-00.