Stock Watch & Analyst Take on QEP Resources, Inc. (NYSE:QEP), NetApp, Inc. (NASDAQ:NTAP)

QEP Resources, Inc. (NYSE:QEP) shares have a current ABR (average broker recommendation) of 1.4. This recommendation is offered by Zacks Research. The rating lands on a sliding numerical scale from 1 to 5. A recommendation of 5 would indicate a Strong Sell, and a 1 would signify a Strong Buy. The mean rating may help provide a general sense of analyst sentiment on company shares.

Sell-side analysts taken into consideration by Zacks have also provided price target estimates on shares of QEP Resources, Inc. (NYSE:QEP). The highest current target is $33. The lowest price target out of the polled analysts is presently $13. The consensus target price is currently noted at $23. Analysts may employ various techniques to help predict future stock price levels.

On the earnings front, QEP Resources, Inc. (NYSE:QEP) is expected to post quarterly earnings per share of $-0.19. This is the current consensus figure provided by Zacks. Investors and analysts will be looking for the company to next post earnings on or around 2017-04-26. QEP Resources, Inc. (NYSE:QEP) most recently reported quarterly EPS of $-0.15 for the quarter ending 2016-12-31. The gap between the actual and the projected estimate leading up to earnings created a surprise factor of 31.82%.

According to data provided by Zacks Research, NetApp, Inc. (NASDAQ:NTAP) has a consensus target price of $43.307 on the stock. Out of the polled analysts providing targets, the high is currently $62, while the low is resting at $25. Analyst price targets may vary depending on the individual method used to calculate the estimate.
Turning to earnings, analysts are expecting NetApp, Inc. (NASDAQ:NTAP) to post a current quarter EPS of $0.68. This consensus number is compiled by Zacks Research. For the period ending on 2017-01-31, the company reported EPS for the quarter of $0.72. The resulting surprise factor from the difference between the reported number and the consensus estimate going into earnings was 22.03%. After a company reports earnings, the stock may see increased activity. The next earnings report date is scheduled on or near 2017-05-24.
In terms of analyst ratings, NetApp, Inc. (NASDAQ:NTAP) has a current ABR of 2.92. This average broker recommendation is given by Zacks using a scale from 1 to 5. According to this scale, a rating of 1 or 2 would indicate a Buy, and a rating of 4 or 5 would signify a Sell recommendation. A 3 would indicate a Hold on the stock.

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