Analyst Revises Spirit Realty Capital, Inc. (NYSE:SRC) Stock Target


Spirit Realty Capital, Inc. (NYSE:SRC) mean price target has been set at $13.600 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.230 in the near-term quarter and $0.870 for the ongoing fiscal. The market cap of Spirit Realty Capital, Inc. Com was recorded at $6.26B after the stock closed at $13.360 in last trading day.

What The Valuation Says?

The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Spirit Realty Capital, Inc. (NYSE:SRC) has a P/E ratio of 58.281. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio.

Spirit Realty Capital, Inc. (NYSE:SRC) PEG ratio sits at 3.040. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks.

Technical Perspective

The technical analysis of Spirit Realty Capital, Inc. Com visibly illustrates that the 50-day MA of Spirit Realty Capital, Inc. Com is $13.128, and stock is trading $-0.073 points away or -0.554% from its 50-day moving average of $13.128. Further it is trading $1.334 or +11.381% away its 200-day moving average of $11.721. Spirit Realty Capital, Inc. (NYSE:SRC) 52-week high is $13.970 and the 52-week low is $8.890. This represents that if the stock moves $-0.915 points up on the chart to it will make a 52-week high. But, if it declines +46.850%, then the shares price can hit a new 52-week low.

1 Chart Pattern Every Investor Should Know

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