As the next earnings season comes into focus, investors will be watching to see which companies surpass expectations. Many investors consider earnings performance to be one of the most important factors when deciding which stocks to choose. When quarterly earnings numbers are released, the investing community closely watches to see if a company beats or misses projections. Tracking some earnings projections, we note that the current quarter EPS consensus estimate for Superior Energy Services, Inc. (NYSE:SPN) is -0.25. This EPS estimate is using data provided by 10 sell-side analysts polled by Zacks Research. For the last quarter, the company reported a quarterly EPS of -0.2. Because earnings surprises may cause the stock price to rise or fall drastically in the short term, investors may choose to make the buy/sell decisions after the smoke has cleared.
Investors are typically looking for any little advantage when it comes to the equity markets. Investors often have to figure out not only how certain companies are faring, but also how the overall global economic landscape is shaping up. Focusing in on the proper economic data can help detect overall trends in the economy. Investors who are able to hone their analytical skills might be able to put themselves in a much better position to achieve success. Being able to process and organize all of the different types of financial information that is constantly being thrown around may be a great asset to the individual trader and investor. The amount of information floating around in today’s investing climate is enormous. Zooming in on the most pertinent information can help keep things manageable.
In the fast paced world of stock market investing, individuals are always looking for information to help provide an edge. Many investors will study sell-side analyst opinions to help assist with navigating the market. Turning the attention to shares of Superior Energy Services, Inc. (NYSE:SPN), we can see that the current average broker rating is now 2.61. This rating is provided by Zacks Research using a scale from 1 to 5. Following this scale, a 1 would indicate a Strong Buy and a 5 would represent a Strong Sell rating. Digging a little deeper, we can see that out of the polled analysts, 6 rated the stock a Strong Buy or Buy. This average broker rating may help investors decide if they feel the same way about the stock as the professionals.
Investors might be trying to gauge which way shares of Superior Energy Services, Inc. (NYSE:SPN) will swing over the next couple of quarters. In recent trading activity, the stock has been seen near the $4.63 level. Many investors pay increased attention to shares when they are nearing notable historical highs or lows. Over the past 52 weeks, the stock has touched a high price of 12.47, and seen a low price of 3. Looking at some additional historical stock price information, we note that shares have seen a move 36.18% over the previous 12 weeks. If we pull in closer to look at performance over the past month, we see that shares have seen a change of 8.43%. Over the last 5 trading sessions, the stock has moved 9.98%. Investors will most likely be keeping their eyes peeled to see how the stock performs heading into the next round of earnings reports.
Scanning the equity markets, it is quite obvious that there are plenty of stocks to choose from. This may make things a bit overwhelming for the beginner investor, but it should also be seen as a great opportunity. Of course, studying up on every single stock may be nearly impossible. Just focusing in on a few different stocks at a time that pique the interest may be the way to start. Investors are often bombarded with stock picking strategies and sure bet winners. Some of the information might end up being correct, but a lot of it may turn out to be nonsense. If investors decide to manage their own money, they may want to make sure that no stone is left unturned. Doing the proper amount of research can work wonders for the health of a portfolio over the course of time. Following a proven market guru may work for some, but it may leave others with many questions that have gone unanswered. What works for one investor may not work for another.
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