Wells Fargo (WFC) is scheduled to release Q4 earnings this Wednesday January 20th, before the market opens.
Average analyst estimates for this major bank are -$.02/share in EPS and $21.88 billion in Revenue.Nineteen analysts track the stock with one upward EPS revision in the last 30 days and 2 downward EPS revisions in the last 30 days.
Last quarter, Wells Fargo beat average analysts expectations by .19/share or 51.4%, .56/share vs. .37/share.
I always find this a tough period waiting to see if the company is going meet, exceed, or miss their earnings estimates.One thing I have discovered of value is to analyze sentiment moves in a stock ahead of the company’s earnings release.In the case of Wells Fargo, I will use the piqqem sentiment index for Wells Fargo to see how sentiment has changed in the last quarter, for the months within that quarter, and from the end of the reporting quarter thru today.
I’m looking for moves or changes that may foreshadow the earning release.(piqqem leverages the ‘wisdom of crowds’ by allowing its users to vote on the price direction of a stock and then applies its own propriety factors to calculate sentiment for a security. In their model, -100 is the lowest and 100 is the highest sentiment).
The above chart shows Wells Fargo’s sentiment peaking at their last earnings release and then dropping by 17pts to today.The chart also shows a 9 pt decrease in sentiment from the end of Q4 thru today. This last indicator has historically been the most accurate indicator regarding an earnings surprise, both upside and downside.On the Piqqem scale, Wells Fargo’s sentiment rating of 18.18 is considered a hold and its absolute sentiment indicates a moderate quality stock. Only Wells Fargo knows their actual results, but their current sentiment points to Wells Fargo having some problems with this release.
Bank of America (BAC) is scheduled to release Q4 earnings this Tuesday January 20th, before the market opens.
Average analyst estimates for the big bank are -$.52/share in EPS and $26.84 billion in Revenue.Twenty-five analysts track the stock with two upward EPS revisions in the last 30 days and six downward EPS revisions in the last 30 days.
Last quarter, Bank of America missed average analysts expectations by -.05/share or 23.8%, -.26/share vs. -.21/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).
The above chart shows Bank of America’s sentiment peaking on October 31, 2009 and then dropping by 15 pts.The chart also shows a 2 pt decrease in sentiment from the end of Q4 thru today. This last indicator has historically been the most accurate indicator regarding an earnings surprise, both upside and downside.On the Piqqem scale, Bank of America’s sentiment rating of 14.77 is considered a hold and this absolute sentiment indicates a moderate quality stock. Only Bank of America knows their actual results, but Bank of America may struggle with this earnings release.
IBM (IBM) is scheduled to release Q4 earnings this Monday January 19th, after the market close.
Average analyst estimates for the computer maker are $3.47/share in EPS and $26.96 billion in Revenue.Twenty-two analysts track the stock with no upward EPS revisions in the last 30 days and no downward EPS revisions in the last 30 days.
Last quarter, IBM beat average analysts expectations by .02/share or 3.2%, 2.40/share vs. 2.38/share.
I always find this a tough period waiting to see if the company is going meet, exceed, or miss their earnings estimates.One thing I have discovered of value is to analyze sentiment moves in a stock ahead of the company’s earnings release.In the case of IBM, I will use the piqqem sentiment index for IBM to see how sentiment has changed in the last quarter, for the months within that quarter, and from the end of the reporting quarter thru today.
I’m looking for moves or changes that may foreshadow the earning release.(piqqem leverages the ‘wisdom of crowds’ by allowing its users to vote on the price direction of a stock and then applies its own propriety factors to calculate sentiment for a security. In their model, -100 is the lowest and 100 is the highest sentiment).
The above chart shows IBM’s sentiment dropping by 14 pts from November 30, 2009 to today.The chart also shows an 8 decrease in sentiment from the end of Q4 thru today. This last indicator has historically been the most accurate indicator regarding an earnings surprise, both upside and downside.On the Piqqem scale, IBM’s sentiment rating of 19.32 is considered a hold and absolute sentiment indicates a moderate quality stock. Only IBM knows their actual results, but their current sentiment points to IBM having some trouble with this quarter.
Citi (C) is scheduled to release Q4 earnings this Monday January 19th, before the market opens.
Average analyst estimates for the government owned bank are -$.33/share in EPS and $18.43 billion in Revenue.Ten analysts track the stock with four upward EPS revisions in the last 30 days and 1 downward EPS revision in the last 30 days.
Last quarter, Citi beat average analysts expectations by .11/share or 28.9%, -.27/share vs. -.38/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).
The above chart shows Citi’s sentiment peaking on November 30, 2009 and then steadily heading downward.The chart also shows a 7 pt decrease in sentiment from the end of Q4 thru today. This last indicator has historically been the most accurate indicator regarding an earnings surprise, both upside and downside.On the Piqqem scale, Citi’s sentiment rating of 14.77 is considered a hold and this absolute sentiment indicates a moderate quality stock. Only Citi knows their actual results, but their current sentiment points to Citi struggling with their upcoming release.
For the week ending January 15, 2010 Sirius (SIRI) lead all sentiment gainers with an impressive 7 pt increase in their Piqqem sentiment index, E-Trade (ETFC) came in at second with a respectable 4 pt increase in sentiment, and Baidu.com (BIDU) also saw their sentiment increase by 4 pts.
Change in sentiment provides a timing mechanism to understand underlying changes in a security potentially ahead of a price move. For example, a large increase in sentiment should be seen as positive even if the underlying stock has a low absolute sentiment, while a large decrease in sentiment should be seen as negative even if the underlying security has a high absolute sentiment.
For this analysis, we will use sentiment generated by the web application, Piqqem. Piqqem captures, processes, and displays sentiment results 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, a scale of -100 to 100 is used with -100 representing the lowest level of sentiment and 100 representing the highest level of sentiment.
For the week ending January 15, 2010, IBM (IBM) was biggest sentiment loser with a steep 7 point decrease in their Piqqem sentiment index, Cisco (CSCO) came in at second with a disappointing 5 pt decrease in sentiment, and Goldman Sachs (GS) had their sentiment drop by 4 pts.
Change in sentiment provides a timing mechanism to understand underlying changes in a security potentially ahead of a price move. For example, a large increase in sentiment should be seen as positive even if the underlying stock has a low absolute sentiment, while a large decrease in sentiment should be seen as negative even if the underlying security has a high absolute sentiment.
For this analysis, we will use sentiment generated by the web application, Piqqem. Piqqem captures, processes, and displays sentiment results 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, a scale of -100 to 100 is used with -100 representing the lowest level of sentiment and 100 representing the highest level of sentiment.
Intel is scheduled to release Q4 earnings this Thursday January 14th, after the market close.
Average analyst estimates for the leading chip maker are $.30/share in EPS and $10.16 billion in Revenue.Twenty-four analysts track the stock with four upward EPS revisions in the last 30 days and 2 downward EPS revisions in the last 30 days.
Last quarter, Intel beat average analysts expectations by .05/share or 17.9%, .33/share vs. .28/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).
The above chart shows Intel’s sentiment remaining in a narrow band between 32 and 35.The chart also shows a .45 increase in sentiment from the end of Q4 thru today. This last indicator has historically been the most accurate indicator regarding an earnings surprise, both upside and downside.On the Piqqem scale, Intel’s sentiment rating of 32.88 is considered a buy and absolute sentiment indicates a quality stock. Only Intel knows their actual results, but their current sentiment points to Intel releasing earnings in a narrow range around $.30/share.
For the year ending December 31, 2009, Appleled all stocks with an impressive 58 pt sentiment rating. Google came in second with a very positive 47 pt rating, while Activision came in third with a 39 pt rating on the Piqqem sentiment index. Absolute sentiment is a good measure of the overall quality of a stock.
This is the second year in a row that Apple led all stocks in sentiment as they were also number one in 2008. It will be interesting to see if they can repeat again in 2010. Oracle made an impressive jump moving from number 21 in 2008 to the sixth spot in 2009, while Amazon saw its positioned surge from the 24 position in 2008 to a respectable number 9 ranking in 2009.
Top Ten Stock in 2009 Piqqem Sentiment
2009 Rank
Security
2009 Sentiment
2008 Rank
1
Apple
58
1
2
Google
47
3
3
Activision
39
2
4
McDonalds
38
5
5
Broadcom
38
17
6
Oracle
37
21
7
Teva
35
16
8
Express Scripts
35
14
9
Amazon
34
24
10
Gilead
34
13
For this analysis, we will use sentiment generated by the web application, Piqqem. Piqqem captures, processes, and displays sentiment results 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, a scale of -100 to 100 is used with -100 representing the lowest level of sentiment and 100 representing the highest level of sentiment.
For the week ending December 18, 2009 McAfee lead all sentiment gainers with an impressive 32 pt increase in their Piqqem sentiment index, Symantec came in at second with a respectable 16 pt increase in sentiment, and Corning saw their sentiment increase by 14 pts.
Change in sentiment provides a timing mechanism to understand underlying changes in a security potentially ahead of a price move. For example, a large increase in sentiment should be seen as positive even if the underlying stock has a low absolute sentiment, while a large decrease in sentiment should be seen as negative even if the underlying security has a high absolute sentiment.
For this analysis, we will use sentiment generated by the web application, Piqqem. Piqqem captures, processes, and displays sentiment results 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, a scale of -100 to 100 is used with -100 representing the lowest level of sentiment and 100 representing the highest level of sentiment.
For the week ending December 18, 2009, the US Oil Fund was biggest sentiment loser with a dismal 36 point decrease in their Piqqem sentiment index, E-Trade came in at second with an unimpressive 23 pt decrease in sentiment, and Spectra Energy had their sentiment drop by 20 pts.
Change in sentiment provides a timing mechanism to understand underlying changes in a security potentially ahead of a price move. For example, a large increase in sentiment should be seen as positive even if the underlying stock has a low absolute sentiment, while a large decrease in sentiment should be seen as negative even if the underlying security has a high absolute sentiment.
For this analysis, we will use sentiment generated by the web application, Piqqem. Piqqem captures, processes, and displays sentiment results 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, a scale of -100 to 100 is used with -100 representing the lowest level of sentiment and 100 representing the highest level of sentiment.
