When monitoring analyst ratings, investors can use the average brokerage recommendation score to determine the consensus view on the stock. The ABR is an average of the recommendations offered by research firms on a given equity. The ABR rank is displayed in the range of 1 to 5 where 1 indicates a Strong Buy and a rating of 5 represents a Strong Sell. While tracking shares of Superior Energy Services, Inc. (NYSE:SPN), we have noted that the current average broker rating is currently 2.61. Going further, we can see that 6 Wall Street analysts have given the stock a Strong Buy or Buy rating, based on analysts polled by Zacks Research.
Novice investors might be striving to create a trading strategy that produces results in the equity market. Once all the research is complete and the stocks are picked, they may need to decide what kind of time frame they will be working with in terms of buying and selling. Some investors will be making longer-term term plays, and others will be trying to make shorter-term moves. At some point, every investor will have to decide when to sell a winner and when to cut loose a loser. This can be one of the most difficult decisions to make. Investors may find it really hard to sell an underperforming stock when they still believe that it will turn around and move to profit. Waiting around for a turn around that may never come can lead to the undoing of a well crafted portfolio. Regularly staying on top of the markets may allow the investor to make educated buy or sell decisions when the time comes. This may involve following major economic data, studying company fundamentals, and checking in on historical price movement and trends. Investors who are able to keep their emotions in check might find themselves in a better position than those who let emotions get the best of them.
Shifting gears, we can see that the current quarter EPS consensus estimate for Superior Energy Services, Inc. (NYSE:SPN) is -0.25. This EPS estimate is using 10 sell-side analysts polled by Zacks Research. For the prior reporting period, the company posted a quarterly EPS of -0.2. As we move through earnings season, all eyes will be on the company to see if they can beat analyst estimates and show improvement from the last quarter. When a company reports actual earnings numbers, the surprise factor can cause a stock price to realize increased activity. Investors and analysts will be closely watching to see how the earnings results impact the stock after the next release. Many investors will decide to be cautious around earnings releases and delay buy/sell moves until after the stock price has steadied.
Viewing some popular support and resistance marks on shares of Superior Energy Services, Inc. (NYSE:SPN), we can see that the 52-week high is presently $12.47, and the 52-week low is currently $3. When the stock is trading near the 52-week high or 52-week low, investors may be on the lookout for a potential break through the level. Looking at recent action, we can see that the stock has been trading near the $4.24 level. Investors may also want to track historical price activity. Over the past 12 weeks, the stock has changed 9.56%. Looking further back to the beginning of the calendar year, we note that shares have moved 26.57%. Over the previous 4 weeks, shares have seen a change of 6.53%. Over the last 5 trading sessions, the stock has moved -13.82%. Investors will be monitoring stock activity over the next few days to try and gauge which way the momentum is shifting.
Stock market investors may be well aware of how turbulent the investing climate can be. Markets might be surging to new highs leaving the average investor to wonder what will happen next. When everything is going higher in the stock market, it may seem as though every pick is going to be a winner. Conversely, when things are going down, investors may be cursing the day they ever entered the markets. These ups and downs are a normal part of investing in the stock market. Having a well thought out investing plan may help ease the burden of day to day volatility. Many successful investors and traders will preach the wonders of sticking to an outlined plan. It may take some time to actually realize how well the plan is working. If after some time the results continue to be sub-par, then it may be time to devise a different plan.
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