The Wall Street analysts who cover Dollar General Corporation (NYSE:DG) shares are providing price target projections on the company. They project that the shares will move to $82.647 within the upcoming year. The number they've arrived at is calculated by Zacks.com, long known as a provider of top-notch investment research. From the analysts polled by Zack's Research, the highest estimate stands at $98 and the lowest is at $68 for the stock. This number may be different from what First Call has published for the consensus target estimate. Analysts that routinely cover the company may use varying techniques in order to create a future target price. Because of the different methods that analysts can use, targets may differ greatly between analysts.
Analyst Ratings In View
Zacks provides the average brokerage recommendation (ABR) for thousands of stocks for institutions and retail investors alike. This the calculated average of the actual recommendations (strong buy, hold, sell etc.) made for a given stock. The ABR is typically displayed with decimals (e.g. 1.52) versus the Zacks Rank, which is only shown in whole numbers (e.g. 1, 2, 3, etc.). This simplifies brokerage recommendations, which can become complicated. Dollar General Corporation (NYSE:DG)'s shares currently have an ABR of 2.31. A 1 rating would point to a Strong Buy, and a score of 5 would signify a Strong Sell rating. The average broker rating assists investors by providing them with a general feel for analyst sentiment on company shares. The success of analyst predictions can be tracked for institutional investors through First Call. Retail investors can use tools such as TipRanks or Marketbeat in order to track analyst performance.
During this fiscal period, Street analysts are projecting $0.99 earnings/share. This represents the current Zacks consensus EPS. For the period which closed on 2017-01-31, Dollar General Corporation (NYSE:DG) dialed in an EPS of $1.49, creating a Surprise Factor of 5.67% (the difference between analyst projections and actual numbers). Curious investors will be awaiting 2017-05-25, the date when Dollar General Corporation (NYSE:DG) will release their quarterly results. A surprise factor in either direction may result in significant stock movement immediately and in the days following the release. Firms that consistently miss expectations can experience a downtrend over time. Whereas stocks that consistently outperform analyst expectations, can often see positive stock movement.
SunPower Corporation (NASDAQ:SPWR) shares are trading +0.16% thus far today and have traded in the range of 6.06 – 6.27 during the current session. In order to take a look at where the stock might headed longer term, we can also look at different sets of data. Sell-side research firms currently have a consensus one year price target of $8.78 on the stock according to First Call. This number can often vary from the Zacks or FactSet mean targets. The sell-side analysts are projecting earnings per share of $-0.32 for the next fiscal quarter. For the current year, analysts are predicting earnings of $-0.88 per share according to First Call.
Stock Technicals in Focus
In looking at where the stock is trading on a technical level, the stock is trading -17.88% away from its 50 day moving average of $7.43. Based on the most recent available data, the equity is -72.98% off of its 52-week high of $22.58 and +4.45% away from its 52-week low which is $5.84. In taking a look at the company’s valuation, the firm’s price to earnings ratio stands at N/A. This is a crucial indicator investors watch as higher ratios compared to peers, would suggest higher future earnings growth potential for the stock. The price to current year EPS estimates from research analysts currently stands at N/A. In looking further ahead, potential investors should note that the company’s price to next year’s EPS estimates is 43.57.
Today, the stock opened at $6.06 and the last bid at the time of writing stood at $6.10. During the session thus far, the equity dipped down to $6.06 and touched $6.27 as the high point. SunPower Corporation has a market cap of 845.77M and has seen an average daily volume of 3325060 over the past three months.
For the current quarter, analysts are expecting NetApp, Inc. (NASDAQ:NTAP) to report EPS of $0.68. This consensus estimate is provided by Zacks Research. After the period that ended on 2017-01-31, NetApp, Inc. (NASDAQ:NTAP) reported an EPS actual of $0.72. The difference between the actual and estimate resulted in a surprise factor of 22.03%. The company is expected to release their next earnings report on or around 2017-05-24. Interested parties will be watching to see how company results compare to what the Street was projecting for the fiscal period.
Shares of NetApp, Inc. (NASDAQ:NTAP) have a current ABR or average broker rating of 2.83. This consensus recommendation is also provided by Zacks Research. The recommendation falls on a scale between 1 and 5. A broker rating of 1 would translate into a Strong Buy. A rating of 5 would indicate a Strong Sell recommendation. This consensus broker rating may help shed some light on how the sell-side is currently viewing company stock.
Covering analysts often provide target price projections for company shares. The current Zacks consensus target price on shares of NetApp, Inc. (NASDAQ:NTAP) is $43.307. The top analyst target is $62, and the lowest target is $25 on the stock. Because of the different techniques used to gauge a company target price, estimates may be quite different from one analyst to another.