Investors hope SPX
What analysts say:
- Buy, sell, or hold?: Analysts are bullish on SPX as six analysts rate it as a buy and only one analyst rates it as a hold. Analysts still rate the stock a moderate buy, but they are a bit more wary about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $1.51 billion in revenue this quarter. That would represent a rise of 14.4% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $1.76 per share. Estimates range from $1.70 to $1.83.
What our community says:
CAPS All-Stars are strongly backing the stock, with 93.3% assigning it an outperform rating. The greater community concurs with the All-Stars, as 93.3% give it a rating of outperform. Fools are keen on SPX, though the message boards have been quiet lately with only 42 posts in the past 30 days. Even with a robust four out of five stars, SPX's CAPS rating falls a little short of the community's upbeat outlook.
SPX's income has fallen year-over-year by an average of 47.1% over the past five quarters. Revenue has now gone up for three straight quarters.
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