Shares of Bruker Corporation (NASDAQ:BRKR) currently have an average target price of $35.44. This is the consensus number using estimates provided by polled analysts. Street analysts often give price target projections on stocks that they track. Price target projections can be calculated using a variety of methods. Many investors will follow stock target prices, especially when analysts make revisions. A thorough research report will typically provide detailed reasoning for a certain target projection. Some investors may watch sell-side targets very closely and use the information to assist with their own stock analysis.
When examining current stock market levels, investors who have been staying on the sidelines may be wondering if now is a good time to get back into the ring. Nobody can say for sure if momentum will continue to push to the upside, and investors may be overly cautious at this stage. Studying company financials and paying attention to pertinent economic data can help the investor make more educated decisions when it comes to the stock market. It is obviously very hard for a new investor to become highly successful in the stock market right out of the gate. Doing all the homework and dedicating the proper amount of time can help the investor get on the right track to accumulating profits down the road.
Taking a quick look at analyst opinions, we can see that the current average broker recommendation on shares of Bruker Corporation (NASDAQ:BRKR) is presently 2.94. Out of the covering analysts polled by Zacks Research, 2 have put a Strong Buy or Buy rating on the stock.
As earnings season comes into focus, investors will be closely tracking sell-side estimates. According to analysts polled by Zacks Research, the current quarter EPS consensus estimate is currently sitting at 0.54 for shares of Bruker Corporation (NASDAQ:BRKR). The number consists of estimates provided by 8 contributing analysts. For the last reporting period, the company posted a quarterly EPS of 0.37. The consensus estimate for last quarter before the earnings report was 0.3. Looking out further to the next quarter EPS estimate, the consensus is currently resting at 0.27. This consensus estimate includes 4 analysts taken into consideration by Zacks. Shifting the focus to the current fiscal year EPS estimate, the number is currently 1.19. Widening the gaze to the next fiscal year, we can see that the consensus EPS estimate is presently 1.4.
Checking in on stock price activity for Bruker Corporation (NASDAQ:BRKR), we have recently seen shares trading near the $31.44 mark. Investors will often track the current stock price in relation to its 52-week high and low levels. The 52-week high is currently $36.35, and the 52-week low is presently $28.41. When the current stock price is trading close to either the 52-week high or 52-week low, investors may pay closer attention to see if there will be a breakthrough that level. Over the past 12 weeks, the stock has seen a change of -10.81%. Going back to the start of the calendar year, we can see that shares have moved -8.39%. Pulling the focus closer to the past 4 weeks, shares have seen a change of 2.44%. Over the past 5 trading days, the stock has moved -4.32%.
As we move closer to the close of the year, investors will be closely watching the next round of company earnings results. Investors may choose to closely follow Wall Street analyst projections around earnings periods. Analysts will typically make adjustments to estimates as the earnings date approaches. Many investors will look to see which way the estimate revisions are trending heading into the earnings report. Once the release is published, analysts have the ability to make further updates based on actual information that the company provides.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.