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 minimum price target given was 6.5, implying potential capital losses of -17.41 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
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. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. 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, while 2 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
SRC has an estimated earnings growth rate of 1185.87 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. 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 a 52-week high of 13.97 and a 52-week low of 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 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 market cap of SRC is $3.87 billion. SRC will post this quarters earnings in days, on 0000-00-00.