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 analyst gave a price target of 68, implying potential capital losses of -16.91 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 6 percent. The average change in earnings estimates over the last 90 days is 37.97 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.29 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.17 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.
Analysts estimate earnings of SWX to grow at a rate of 9.91 percent. 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of SWX is 2.71.
In the trailing 52-weeks, SWX hit 86.65 at the highest peak, while it's lowest trading point was 64.26. The current market price is above the trailing year's low by 27.36 percent, and below the high by 5.55 percent. SWX has a price/earnings 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.