Analyst Ratings for Southwest Gas Holdings Inc. (SWX)Updated: 2017-07-26
Analysts covering Southwest Gas Holdings Inc. (NYSE:SWX) have given it a consensus rating of Hold. Last month, SWX received an average rating of Hold.
A buy rating was issued by 1 analysts, 0 issued an overweight rating, 6 gave a hold rating, 1 issued an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Investment analysts gave a few price targets for SWX. The highest price target was 85, which equates to a potential upside of 3.86 percent. The most pessimistic price target was 68, which equates to a potential downside of -16.91 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 6 percent. That number becomes 37.97 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 downwards by -0.29 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -1.17 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.
SWX has an estimated earnings growth rate of 9.91 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. SWX has a PEG ratio of 2.71.
SWX has traded between a high of 86.65 and a low of 64.26 over the past year. Currently the stock is 27.36 percent higher than its low, and 5.55 percent lower than its 52-week high. SWX has a P/E ratio of 26.83. Investors typically compare the P/E ratio to a company's peers in the industry. The SWX value stock report compares SWX to some of its peers using value stock charts. The stock has a market capitalization of $3.92 billion. SWX's next earnings release will be on 0000-00-00, which is days away.