Stock Price Targets in Spotlight: U.S. Bancorp (NYSE:USB), Whole Foods Market, Inc. (NASDAQ:WFM)

For the current quarter, analysts are expecting U.S. Bancorp (NYSE:USB) to report EPS of $0.8. This consensus estimate is provided by Zacks Research. After the period that ended on 2016-12-31, U.S. Bancorp (NYSE:USB) reported an EPS actual of $0.82. The difference between the actual and estimate resulted in a surprise factor of 1.23%. The company is expected to release their next earnings report on or around 2017-04-19. Interested parties will be watching to see how company results compare to what the Street was projecting for the fiscal period.

Shares of U.S. Bancorp (NYSE:USB) have a current ABR or average broker rating of 2.44. 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 U.S. Bancorp (NYSE:USB) is $52.375. The top analyst target is $60, and the lowest target is $43 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.

In the most recent session, Whole Foods Market, Inc. (NASDAQ:WFM) 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 $-0.24 away from the 50-day moving average of $29.96 and $-0.21 away from the 200-day moving average of $29.93. From a different angle, the stock has been recently recorded -16.47% off of the 52-week high of 35.58 and +7.41% removed from the 52-week low of 27.67. 

Currently, Whole Foods Market, Inc. has a price to earnings ratio of 21.46. 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 -8.43.

Price Target Update

Analysts polled by Thomson Reuters have set a consensus target price of $28.38 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.

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