Analyst Ratings for Sovran Self Storage Inc (SSS)Updated: 2016-08-13
A number of analysts gave price targets for SSS. The most optimistic analyst gave a price target of 130, which equates to a potential upside of 40.98 percent. The most pessimistic analyst gave a price target of 84, implying potential capital losses of -8.9 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 downwards for this quarter, by about -22.8 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -47.13 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.63 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -15.84 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 6 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 4 analysts decreased their estimates.
The growth rate of SSS's earnings is estimated by analysts to be 53.4 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, 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 SSS is 0.5.
SSS has a 52-week high of 118.18 and a 52-week low of 85.69. The current market price is above the trailing year's low by 7.61 percent, and 21.97 percent below the high. SSS has a P/E ratio of 26.6. Investors typically compare the P/E ratio to a company's peers in the industry. The SSS value stock report compares SSS to some of its peers using value stock charts. The stock has a market capitalization of $4.25 billion. SSS is estimated to release their earnings results for the quarter on 2016-10-26, days from today.