Earnings Growth Research: Spirit Realty Capital Inc. (SRC), Keysight Technologies Inc. (KEYS)

You should consider shares of Spirit Realty Capital Inc. (NYSE:SRC) and Keysight Technologies Inc. (NYSE:KEYS) if you are looking for a great stocks to invest in. Starting with the SRC shares, which traded at $52.52 at the close of the recent session, gaining 1.76%. On Tuesday, the company’s shares shed $0.91 from its value which represented in intraday trading. The stock is now 41.56% higher in year-to-date (YTD) trading. SRC’s intraday high was $52.55 while its lowest price touched $51.97. The stock’s 52-week high price is $52.84, which means the current price is at -0.61%. In terms of trading activity, the daily trading volume rose to 1415224 against 200-day average trading volume of 1,116,963 shares.

What are analyst forecasts for Spirit Realty Capital Inc. (NYSE:SRC)?

At a consensus rating of 3.36, SRC is trending as a streaking Hold, as it has been the case a month ago when 11 analysts called it a Hold. Two months ago, 11 analysts recommended, on average, that SRC stock is a Hold. The Financial company’s shares’ overall bullish trend saw it close lower on Tuesday compared to its opening price of $52.36 on the day.

Forecasts for Spirit Realty Capital Inc. (NYSE:SRC) give the stock a fair value for the growth of -1.0% from its last price. The 12-month price forecast for the stock by analysts puts the stock’s mean price target at $52.00, which means the price per share could fall by nearly -$0.52. The price range target is between a low of $46.00 and a high of $57.00. The stock would need to gain by about $7.86 to hit the estimated high or 0.64% from its 12-month low.

The consensus among 13 analysts is that it is a good time for one to Overweight in the Spirit Realty Capital Inc. 5 analysts rate SRC as a Buy, with 0 of 13 analysts rate it as a Sell. 1 have valued the stock as Overweight and 6 have recommended that investors Hold.

Spirit Realty Capital Inc. (NYSE:SRC) Upgrades and Downgrades

In terms of rating changes, CapitalOne on December 03, 2019, Upgrade Spirit Realty Capital Inc. (SRC) at Overweight. Analysts at JP Morgan have assigned a Overweight rating for the stock in their research note on October 08, 2019 with an estimated price target of $52. Moreover, Stifel analysts issued a rating of Buy for the stock on August 29, 2019, giving it a price target of $51.50 for the next 12 months. On July 11, 2019, the stock earned a Overweight rating due to an analyst call from Morgan Stanley, while analysts from Deutsche Bank on May 08, 2019 suggested that the stock is Hold.

Keysight Technologies Inc. (NYSE:KEYS) adds -$1.55 on Tuesday

The KEYS stock has risen 63.89% year-to-date and is currently trading at $101.74, which is -7.51% below its 52-week high. The company shares lost -1.50% on the day and have risen nearly 81.96% off a low hit. At current levels, Keysight Technologies Inc. has a valuation of about $4.30B. As of 12/03/19, this stock has fallen -4.29% during the week and closed at $103.29 in the previous session. However, recent Keysight Technologies Inc. stock performance shows that KEYS shares are -0.16% down over the last month, and 6.16% up for the last three months.

Earnings per share (EPS) estimates for the current quarter are $0.8, with the trailing 12-month share earnings at $3.09. The ratio is expected to be up by 8.10% for the current year 2019 and 10.20% for next year. Over the next 5-year period, earnings per share will be 8.46%. But will the KEYS stock surprise in the current quarter results, where the $1.33 actual EPS reported on 10/30/2019 surprised by 12.70% or was higher by $0.15 from the estimated $1.18.

Sales Growth to climb 6.40% for the year

How well will Keysight Technologies Inc. perform as a business over the current quarter, year and next 5-year period? Compared to the year-ago quarter, analysts forecast the company to bring in between $1.05B and $1.09B in current quarter sales. The consensus estimated for the current quarter is $1.06B from sales. Forecasts for this fiscal year are between $4.45B and $4.61B and the consensus estimate for sales is at $4.56B.

Who owns shares in Keysight Technologies Inc. (KEYS)?

Let’s briefly focus on the share ownership of the Keysight Technologies Inc. (NYSE:KEYS) stock, where we find that 91.21% of shares are held by institutions. Vanguard Group, Inc. (The) tops the list of institutional owners as it is holding 21.41 million shares or 11.41% of shares outstanding. Blackrock Inc. and Price (T.Rowe) Associates Inc held 16.92 million and 15.63 million representing 9.02% and 8.33% respectively at the close of the last trading session. As of Sep 29, 2019, State Street Corporation accounted for 7.72 million shares at over 750.84 million. This represented 4.12% of shares outstanding. JP Morgan Chase & Company held 5.29 million shares at over 514.68 million representing 2.82% of shares outstanding.

KEYS Insider Activity

Insider activity can also give a signal in terms of price direction. Looking at Keysight Technologies Inc. (KEYS), a total of 68885 shares have been sold by insiders over the last 6 months while 510448 shares were added in the same time span. On 11/20/2019, Chairman, President & Chief Executive Officer by the name Nersesian Ronald S sold 78227.0 shares worth $8.4 million at the price of $107.51 per share. Filings also show that Estrada Ingrid /keysight/ sold a total of 30786.0 shares on 2/27/2019 valued at $2.6 million. Since the last insider activity, the company’s share price has climbed 21.78%.