July 28, 2017

Spirit Realty Capital, Inc (SRC) Announces Earnings Results

19 May 2017, 10:45 | Austin Hogan

(NYSE:SRC) rose 1.13% to $7.19. The stock had a trading volume of 3,730,010 shares. The Price to Sales (P/S) ratio of the stock is 5.18, while P/B (Price to Book) stands at 0.98. However the indicator does not specify the price direction, rather it is used first and foremost to measure volatility caused by gaps and limit up or down moves. The oscillator ranges from 0 to -100.

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) price is pointing towards neither exit nor entry barriers, according to a technical analysis tool called the Relative Strength Index (RSI). Spirit Realty Capital updated its FY17 guidance to $0.80 - $0.84 EPS. (SRC) is 0.6 percent. The recent change has given its price a -4.28% deficit over SMA 50 and -70.88% deficit over its 52-week high. This is the price at which the trader or investor wants to exit his existing position so he can realize the most reward. They now have a Dollars 10 price target on the stock. There is no concrete way to calculate a price target. Analysts might review their estimates as they will get closer to the actual results date.

Spirit Realty Capital (NYSE:SRC) last issued its quarterly earnings data on Wednesday, May 3rd.

Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. They now have a Dollars 8 price target on the stock. Hedge funds and other institutional investors own 96.54% of the company's stock. The expected future growth in earnings per share ("EPS") is an incredibly important factor in identifying an under-valued stock.

(SRC)'s latest quote $7.27 0.27 1.11 will find technical support in $7.15/share and a breakdown below this region would be a significantly bearish signal for Spirit Realty Capital, Inc. traders. However a year ago for the same quarter the company has reported $0.1 EPS. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income.

05/05/2017 - Spirit Realty Capital, Inc. was downgraded to "neutral" by analysts at UBS. And the values below 20 that it is oversold indicate prices could very well bounce upwards.

A moving average can help cut down the amount of "noise" on a price chart. 16, 2017. At recent session, the prices were hovering between $2.35 and $2.62.

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The stock's 50 day moving average is 9.30 and its 200 day moving average is 10.36. (IPG) stock price has gone down by -3.71% over the last 20 trading days, and its price is -4.62% below the 52-week high. Spirit Realty Capital presently has an average rating of "Hold" and a consensus target price of $12.04.

Spirit Realty Capital Inc (NYSE:SRC)'s revenue estimates for the current quarter are $161.25 Million according to 11 number of analysts, for the current quarter the company has high revenue estimates of $167.71 Million in contradiction of low revenue estimates of $152.43 Million.

Public companies and their boards typically start issuing regular dividend payments to common shareholders once their companies have reached a significant size and level of stability. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company's stock.

These analysts also forecasted Growth Estimates for the Current Quarter for SRC to be -30%.

The stock has a 1-year performance down -23.29% and a negative weekly performance at -5.77%.

08/25/2016 - BTIG Research began new coverage on Spirit Realty Capital, Inc. giving the company a "buy" rating.

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