Most publicly traded companies are examined by numerous analysts. These analysts often don’t agree about a company’s future prospects. In this exercise, you will find analysts’ ratings about companies and make comparisons over time and across companies in the same industry. You will also see to what extent the analysts experienced “earnings surprises.” Earnings surprises can cause changes in stock prices.
Address: biz.yahoo.com/i, or go to www.wiley.com/college/weygandt
1. Choose a company.
2. Use the index to find the company’s name.
3. Choose Research.
(a) How many analysts rated the company?
(b) What percentage rated it a strong buy?
(c) What was the average rating for the week?
(d) Did the average rating improve or decline relative to the previous week?
(e) What was the amount of the earnings surprise percentage during the last quarter?