Most Active Volume Stock: Spirit Realty Capital, Inc. (NYSE:SRC)
- Author: Salvatore Jensen Feb 24, 2017,
Feb 24, 2017, 10:47
The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $13.44. The stock price of SRC is moving up from its 20 days moving average with 0.78% and isolated positively from 50 days moving average with 0.27%. They now have a United States dollars 11 price target on the stock. The correct version of this story can be viewed at https://www.thecerbatgem.com/2017/02/23/brokerages-set-spirit-realty-capital-inc-src-price-target-at-13-44.html. Therefore, stock prices are sometime established based on the expectations that prospective investors have for the future earnings power of the firm. FBR & Co initiated coverage on Spirit Realty Capital in a research report on Wednesday, January 4th. JP Morgan analysts disclosed their opinion on Spirit Realty Capital, Inc. (NYSE:SRC) has been assigned a consensus rating of "Buy" from the fourteen brokerages that are presently covering the stock. Baird Upgrades the company's stock to Outperform on 11/21/16 with no specific Price Target.
09/07/2016 - Janney Montgomery Scott began new coverage on Spirit Realty Capital, Inc. giving the company a "buy" rating. They now have a Dollars 15 price target on the stock. (NYSE:SRC) recently. The rating firm gave a Overweight rating to this stock in a research note published on Dec 16, 2016. New England Investment & Retirement Group Inc. acquired a new position in shares of Spirit Realty Capital during the second quarter worth $139,000. (NYSE:SRC) right now sits at consensus rating of 2.10 while 6 analysts have advocated the shares as "BUY", 6 calls it an "OUTPERFORM" and 5 suggest "HOLD". (NYSE:SRC) traded up 0.09% during trading on Friday, hitting $10.78. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.
In terms of earnings per share, 4 analysts have a 0.08 EPS mean target for the quarter ending Mar-17, for the quarter ending Jun-17, 4 analysts have a 0.08 EPS mean target and for the quarter ending Jun-17 there are 6 estimates of 0.32 EPS. Earnings per share were $0.21. (NYSE:SRC) could bring EPS of $0.07/share. Thus the company showed an Earnings Surprise of -14.3 Percent. The stock has a market capitalization of $5.19 billion, a price-to-earnings ratio of 48.16 and a beta of 0.52. During its last trading session, Stock traded with the total exchanged volume of 5.41 million shares. Mizuho downgraded Spirit Realty Capital from a buy rating to a neutral rating and set a $10.50 target price on the stock.in a research report on Friday, December 16th.
EPS in next five year years is expected to touch 3.10% while EPS growth in past 5 year was 15.70% along with sales growth of 18.30% in the last five years. And immediately on the next day after earnings announcement, the stock inclined 0.85% and closed its trading session at $13.03. Currently, the company has SMA200 (200-day simple moving average) of -8.02 Percent. (NYSE:SRC) is now showing its ROA (Return on Assets) of 1.5%. After this transaction, the insider's stake stands at 90,378 shares, with a market value of $979698.
While looking at the Stock's Performance, Spirit Realty Capital, Inc. now shows a Weekly Performance of 0.28%, where Monthly Performance is -1.83%, Quarterly performance is 3.95%, 6 Months performance is -17.58% and yearly performance percentage is 6.24%.
Along with these its year to date performance is standing at -1.10%. Spirit Realty Capital, Inc.