Sell-side Analyst Consensus Take on ServiceNow, Inc. (NYSE:NOW), Costco Wholesale Corporation (NASDAQ:COST)

Wall Street sell-side research analysts covering ServiceNow, Inc. (NYSE:NOW) shares have recently provided various price target projections on where the stock might be going. According to them, the stock is expected to reach $99.25 on a consensus level within the next year, according to Zacks. The most bullish estimate sees the stock reaching $111 while the most conservative estimate stand at $70.

Zacks also gives an average broker rating based on the sell-side recommendations from the analysts who cover ServiceNow, Inc.. They give the company shares an ABR of 1.44. This is based on the 16 analysts taken into consideration by Zacks.

Earnings Estimates for ServiceNow, Inc. (NYSE:NOW)

Currently, Wall Street is projecting that the firm will post $-0.15 earnings per share. This consensus number is also derived from Zacks. For the most recent period which ended on 2017-03-31, ServiceNow, Inc.'s EPS was reported as $-0.18. This created a “surprise factor” -12.5% due to being $-0.02 apart from what Wall Street predicted. When actual numbers differ greatly from the consensus expectations, sharp movement in the stock price can often be seen in the hours or days following the report.

Investors will mark their calendars for 2017-07-26, the date when ServiceNow, Inc. (NYSE:NOW) are expected to release their quarterly results.

Wall Street sell-side research analysts covering Costco Wholesale Corporation (NASDAQ:COST) shares have recently provided various price target projections on where the stock might be going. According to them, the stock is expected to reach $181.8 on a consensus level within the next year, according to Zacks. The most bullish estimate sees the stock reaching $200 while the most conservative estimate stand at $156.

Zacks also gives an average broker rating based on the sell-side recommendations from the analysts who cover Costco Wholesale Corporation. They give the company shares an ABR of 1.71. This is based on the 15 analysts taken into consideration by Zacks.

Earnings Estimates for Costco Wholesale Corporation (NASDAQ:COST)

Currently, Wall Street is projecting that the firm will post $1.3 earnings per share. This consensus number is also derived from Zacks. For the most recent period which ended on 2017-02-28, Costco Wholesale Corporation's EPS was reported as $1.17. This created a “surprise factor” -13.33% due to being $-0.18 apart from what Wall Street predicted. When actual numbers differ greatly from the consensus expectations, sharp movement in the stock price can often be seen in the hours or days following the report.

Investors will mark their calendars for 2017-05-25, the date when Costco Wholesale Corporation (NASDAQ:COST) are expected to release their quarterly results.

Leave a Comment