Citigroup (C) is scheduled to release Q1 earnings this Monday April 19th, before the market opens. Average analyst estimates for the troubled bank are .00/share in EPS and $20.77 billion in Revenue.Nineteen analysts track the stock with one upward EPS revisions in the last 30 days and one downward EPS revisions in the last 30 days.Last quarter, Citi met analysts’ expectations of -.33/share.
I always find this a tough period waiting to see if the company is going meet, exceed, or miss their earnings estimates.One thing I have discovered of value is to analyze sentiment moves in a stock ahead of the company’s earnings release.In the case of Citi, I will use the piqqem sentiment index for Citi to see how sentiment has changed in the last quarter, for the months within that quarter, and from the end of the reporting quarter thru today.
I’m looking for moves or changes that may foreshadow the earning release.(piqqem leverages the ‘wisdom of crowds’ by allowing its users to vote on the price direction of a stock and then applies its own propriety factors to calculate sentiment for a security. In their model, -100 is the lowest and 100 is the highest sentiment).
Will Citi outperform Bank of America (BAC) and JP Morgan (JPM)? Or will the big bank tumble in the aftermath of Goldman Sachs’ (GS) civil fraud charges?
The above chart shows Citi’s sentiment moving up 17 pts from their last earnings release thru today. Sentiment for the Dow Jones Industrial Index was flat for the same period which makes Citi’s sentiment increase even more impressive. On the Piqqem scale, Citi’s sentiment rating of 31.47 is considered a buy and this absolute sentiment indicates a high quality stock. Only Citi knows their actual results, but current sentiment points to the big bank delivering good news on Monday.
Advanced Micro Devices (AMD) is scheduled to release Q1 earnings this Thursday April 15, after the market close. Average analyst estimates for the chip maker are -$.08/share in EPS and $1.53 billion in Revenue.Twenty-one analysts track the stock with one upward EPS revisions in the last 30 days and no downward EPS revisions in the last 30 days. Last quarter, AMD beat average analysts expectations by $1.70/share, 1.52/share vs. -.18/share.
I always find this a tough period waiting to see if the company is going meet, exceed, or miss their earnings estimates.One thing I have discovered of value is to analyze sentiment moves in a stock ahead of the company’s earnings release.In the case of AMD, I will use the piqqem sentiment index for AMD to see how sentiment has changed in the last quarter, for the months within that quarter, and from the end of the reporting quarter thru today.
I’m looking for moves or changes that may foreshadow the earning release.(piqqem leverages the ‘wisdom of crowds’ by allowing its users to vote on the price direction of a stock and then applies its own propriety factors to calculate sentiment for a security. In their model, -100 is the lowest and 100 is the highest sentiment).
Is AMD simply riding Intel’s (INTC) coattails or is the processor underdog finally ready to deliver results similar to Broadcom (BRCD) and IBM (IBM)?
The above chart shows AMD’s sentiment rising by 19 points in the quarter.As a comparison, sentiment for the NASDAQ index was down 20 pts for the same period, making AMD’s sentiment rise even more impressive.On the Piqqem scale, AMD’s sentiment rating of 22.56 is considered a buy and absolute sentiment indicates a quality stock. Only AMD knows their actual results, but their current sentiment points to AMD delivering good news on Thursday.
General Electric (GE) is scheduled to release Q1 earnings this Friday April 16th, before the market opens. Average analyst estimates for the leading conglomerate are $.16/share in EPS and $37.10 billion in Revenue.Eleven analysts track the stock with three upward EPS revisions in the last 30 days and no downward EPS revisions in the last 30 days. Last quarter, GE beat average analysts expectations by .02/share, .28/share vs. .26/share.
I always find this a tough period waiting to see if the company is going meet, exceed, or miss their earnings estimates.One thing I have discovered of value is to analyze sentiment moves in a stock ahead of the company’s earnings release.In the case of GE, I will use the piqqem sentiment index for GE to see how sentiment has changed in the last quarter, for the months within that quarter, and from the end of the reporting quarter thru today.
I’m looking for moves or changes that may foreshadow the earning release.(piqqem leverages the ‘wisdom of crowds’ by allowing its users to vote on the price direction of a stock and then applies its own propriety factors to calculate sentiment for a security. In their model, -100 is the lowest and 100 is the highest sentiment).
Is GE finally back on track with performance expectations closer to United Technologies (UTX) and 3M (MMM). Or is the international giant stuck in the credit mess with the likes of AIG (AIG)?
The above chart shows GE’s sentiment rising by about 3 points from the beginning of the quarter thru today. As a comparison, sentiment for the Dow Jones Industrial Average was down 5 pts in the same period, making GE sentiment increase more impressive. On the Piqqem scale, GE’s sentiment rating of 30.60 is considered a buy and its absolute sentiment indicates a high quality stock. Only GE knows their actual results, but their current sentiment points to GE delivering some good news on Friday.
Google (GOOG) is scheduled to release Q1 earnings this Thursday April 15th, after the market close. Average analyst estimates for the search giant are $6.57/share in EPS and $4.93 billion in Revenue.Thirty-five analysts track the stock with six upward EPS revisions in the last 30 days and no downward EPS revisions in the last 30 days. Last quarter, Google beat average analysts expectations by .31/share, 6.79/share vs. 6.48/share.
I always find this a tough period waiting to see if the company is going meet, exceed, or miss their earnings estimates.One thing I have discovered of value is to analyze sentiment moves in a stock ahead of the company’s earnings release.In the case of Google, I will use the piqqem sentiment index for Google to see how sentiment has changed in the last quarter, for the months within that quarter, and from the end of the reporting quarter thru today.
I’m looking for moves or changes that may foreshadow the earning release.(piqqem leverages the ‘wisdom of crowds’ by allowing its users to vote on the price direction of a stock and then applies its own propriety factors to calculate sentiment for a security. In their model, -100 is the lowest and 100 is the highest sentiment).
Will Google continue its dominance over Yahoo! (YHOO) and Microsoft (MSFT) in search? Or will its clash with Apple (AAPL) cause the search giant to lose focus?
The above chart shows Google’s sentiment dropping by 20 pts from the beginning of the quarter thru today. As a comparison, sentiment for the NASDAQ index dropped 20 pts in the same period, so some of Google’s downward sentiment movement can be attributed to the market. On the Piqqem scale, Google’s sentiment rating of 26.95 is considered a buy and absolute sentiment indicates a quality stock. Only Google knows their actual results, but current sentiment points to the search giant delivering lackluster news on Thursday.
Bank of America (BAC) is scheduled to release Q1 earnings this Friday April 16th, before the market opens. Average analyst estimates for the big bank are .09/share in EPS and $28.03 billion in Revenue.Twenty-three analysts track the stock with three upward EPS revisions in the last 30 days and two downward EPS revisions in the last 30 days.Last quarter, Bank of America missed average analysts expectations by -.07/share, -.60/share vs. -.53/share.
I always find this a tough period waiting to see if the company is going meet, exceed, or miss their earnings estimates.One thing I have discovered of value is to analyze sentiment moves in a stock ahead of the company’s earnings release.In the case of Bank of America, I will use the piqqem sentiment index for Bank of America to see how sentiment has changed in the last quarter, for the months within that quarter, and from the end of the reporting quarter thru today.
I’m looking for moves or changes that may foreshadow the earning release.(piqqem leverages the ‘wisdom of crowds’ by allowing its users to vote on the price direction of a stock and then applies its own propriety factors to calculate sentiment for a security. In their model, -100 is the lowest and 100 is the highest sentiment).
Will Bank of America outperform Wells Fargo (WFC) and JP Morgan (JPM)? Or will the big bank continue to struggle with the likes of Citigroup (C)?
The above chart shows Bank of America’s sentiment moving up 12 pts in the quarter to 26.81. Sentiment for the Dow Jones Industrial Index was down 5 pts in the same period which makes Bank of America’s sentiment increase even more impressive. On the Piqqem scale, Bank of America’s sentiment rating of 26.81 is considered a buy and this absolute sentiment indicates a quality stock. Only Bank of America knows their actual results, but current sentiment points to the big bank delivering good news on Friday.
For fiscal year 2009, Bed Bath & Beyond (BBBY) reported $2.30 earnings per diluted share, a 40% increase over 2008. Same-store sales have jumped to 12% in the last quarter; 17 new stores were opened last quarter, and 60 more are planned for 2010.Net profit of 60% last quarter was aided by better inventory control, securing lower rents, and managing markdowns and coupon offers.
As the economy rebounds, sales are up for competitors such as Williams-Sonoma (WSM) as well. Reuters predicts that pent-up demand is surfacing, as consumers spend more for new appliances and housewares.
Piqqem sentiment for BBBY has risen 10.8 points in the past week. While the home furnishing retail chain remains “cautiously optimistic,” they forecast a 10 -15% earnings increase this year and expect to beat market expectations in 2010.
Intel (INTC) is scheduled to release Q1 earnings this Tuesday April 13th, after the market close.
Average analyst estimates for the world’s largest chipmaker are $.38/share in EPS and $9.82 billion in Revenue.Forty-one analysts track the stock with eight upward EPS revisions in the last 30 days and no downward EPS revisions in the last 30 days. Last quarter, Intel beat average analysts expectations by .10/share, .40 vs. .30/share.
I always find this a tough period waiting to see if the company is going meet, exceed, or miss their earnings estimates.One thing I have discovered of value is to analyze sentiment moves in a stock ahead of the company’s earnings release.In the case of Intel, I will use the piqqem sentiment index for Intel to see how sentiment has changed in the last quarter, for the months within that quarter, and from the end of the reporting quarter thru today.I’m looking for moves or changes that may foreshadow the earning release.
Piqqem leverages the ‘wisdom of crowds’ by allowing its users to vote on the price direction of a stock and then applies its own propriety factors to calculate sentiment for a security. In their model, -100 is the lowest and 100 is the highest sentiment.
Is Intel’s strong sentiment a sign that the chip recession is finally over?
The above chart shows Intel’s sentiment increasing by 11 pts from the beginning of last quarter. Sentiment for the S&P is down 7 pts in the same period, so Intel’s sentiment increase is even more impressive given overall market conditions. On the Piqqem scale, Intel’s sentiment rating of 43.79 is considered a strong buy and its absolute sentiment indicates a high quality stock. Only Intel knows their actual results, but current sentiment points to Intel delivering good news on Tuesday.
Piqqem released its weekly sentiment for the week ending April 9, 2010 and it shows overall market sentiment converging on the 30 day moving average. This convergence is lead by a positive sentiment move in the Russell 2000 (IWM), while the Dow Jones 30 (.DJI), S&P 500 (.INX), and Nasdaq 100 (.IXIC) remained neutral. Overall market sentiment is at 7.11 flat from last week.The sentiment trend implies that market confidence is neutral and points to sideways movement in the market ahead of a very busy earnings season. Let’s now see if sentiment will move above or below the 30 day moving average for next week. In a further neutral signal for the week, there was 1 stock increasing in sentiment for every 1 stock decreasing in sentiment.
This Week’s Sentiment Winners & Losers
For individual stocks, our weekly winners included Cumulus Media (CMLS) and Murphy Oil (MUR), while the stocks dropping most in sentiment included Nautilus (NLS) and Boeing (BA).
About the Piqqem Market Sentiment Index
Piqqem tracks sentiment on all securities including stocks, mutual funds, ETFs, and major market indices. The Piqqem sentiment scale runs from 100 on the high end to -100 on the low end.The actual Piqqem Market Sentiment Index is proprietary blend of multiple factors including sentiment specific to the four major indices: Dow Jones 30, S&P 500, Nasdaq 100, Russell 2000.
Piqqem released its weekly sentiment for the week ending April 9, 2010 and it shows overall market sentiment converging on the 30 day moving average. This convergence is lead by a positive sentiment move in the Russell 2000 (IWM), while the Dow Jones 30 (.DJI), S&P 500 (.INX), and Nasdaq 100 (.IXIC) remained neutral. Overall market sentiment is at 7.11 flat from last week.The sentiment trend implies that market confidence is neutral and points to sideways movement in the market ahead of a very busy earnings season. Let’s now see if sentiment will move above or below the 30 day moving average for next week. In a further neutral signal for the week, there was 1 stock increasing in sentiment for every 1 stock decreasing in sentiment.
This Week’s Sentiment Winners & Losers
For individual stocks, our weekly winners included Cumulus Media (CMLS) and Murphy Oil (MUR), while the stocks dropping most in sentiment included Nautilus (NLS) and Boeing (BA).
About the Piqqem Market Sentiment Index
Piqqem tracks sentiment on all securities including stocks, mutual funds, ETFs, and major market indices. The Piqqem sentiment scale runs from 100 on the high end to -100 on the low end.The actual Piqqem Market Sentiment Index is proprietary blend of multiple factors including sentiment specific to the four major indices: Dow Jones 30, S&P 500, Nasdaq 100, Russell 2000.
Hershey (HSY) announced on April 6 that it will release its first quarter sales and earnings results on April 22, and will hold a conference call with analysts that morning which will be available live to the public at Hersheys.com via webcast.
After dropping Cadbury from its agenda earlier this year, the confectionery giant focuses on Asia, marketing heavily during Chinese New Year last February. Solidifying more global market share could be a big opportunity, as only 14% of total sales are generated from outside the U.S. currently.
Morningstar has just initiated A+ credit coverage to Hershey, reflecting favorable leverage of 1.6 and interest coverage of 10.3x of a market leader in a stable industry. Reported 4th quarter earnings for 2009 were $0.63/share, beating analysts’ predictions of $0.60/share.Trading closed at $44.12 this week, remaining close to calculated resistance of $43.58 after breaking through its previous resistance of $40.10 only six weeks ago.
