Brokerage Firm Analysts Have Spoken and the Consensus is in on Newfield Exploration Company (NYSE:NFX), Facebook, Inc. (NASDAQ:FB)

Newfield Exploration Company (NYSE:NFX) shares have a current ABR (average broker recommendation) of 1.55. This recommendation is offered by Zacks Research. The rating lands on a sliding numerical scale from 1 to 5. A recommendation of 5 would indicate a Strong Sell, and a 1 would signify a Strong Buy. The mean rating may help provide a general sense of analyst sentiment on company shares.

Sell-side analysts taken into consideration by Zacks have also provided price target estimates on shares of Newfield Exploration Company (NYSE:NFX). The highest current target is $62. The lowest price target out of the polled analysts is presently $42. The consensus target price is currently noted at $50.65. Analysts may employ various techniques to help predict future stock price levels.

On the earnings front, Newfield Exploration Company (NYSE:NFX) is expected to post quarterly earnings per share of $0.45. This is the current consensus figure provided by Zacks. Investors and analysts will be looking for the company to next post earnings on or around 2017-05-02. Newfield Exploration Company (NYSE:NFX) most recently reported quarterly EPS of $0.49 for the quarter ending 2016-12-31. The gap between the actual and the projected estimate leading up to earnings created a surprise factor of 28.95%.

In the most recent session, Facebook, Inc. (NASDAQ:FB) shares have traded +0.00%. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $6.31 away from the 50-day moving average of $141.39 and $17.66 away from the 200-day moving average of $130.04. From a different angle, the stock has been recently recorded -0.03% off of the 52-week high of 147.75 and +36.47% removed from the 52-week low of 108.23. 

Currently, Facebook, Inc. has a price to earnings ratio of 42.28. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of 1.15.

Price Target Update

Analysts polled by Thomson Reuters have set a consensus target price of $161.72 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.

Leave a Comment