Do Analysts See Any Promise for These Stocks: Chevron Corporation (NYSE:CVX), Sirius XM Holdings Inc. (NASDAQ:SIRI)

Do Analysts See Any Promise for These Stocks: Chevron Corporation (NYSE:CVX), Sirius XM Holdings Inc. (NASDAQ:SIRI)

Wall Street sell-side research analysts covering Chevron Corporation (NYSE:CVX) shares have recently provided various price target projections on where the stock might be going. According to them, the stock is expected to reach $112 on a consensus level within the next year, according to Zacks. The most bullish estimate sees the stock reaching $125 while the most conservative estimate stand at $85.

Zacks also gives an average broker rating based on the sell-side recommendations from the analysts who cover Chevron Corporation. They give the company shares an ABR of 1.81. This is based on the 12 analysts taken into consideration by Zacks.

Earnings Estimates for Chevron Corporation (NYSE:CVX)

Currently, Wall Street is projecting that the firm will post $0.47 earnings per share. This consensus number is also derived from Zacks. For the most recent period which ended on 2016-06-30, Chevron Corporation's EPS was reported as $0.48. This created a “surprise factor” 54.84% due to being $0.17 apart from what Wall Street predicted. When actual numbers differ greatly from the consensus expectations, sharp movement in the stock price can often be seen in the hours or days following the report.

Investors will mark their calendars for 2016-11-04, the date when Chevron Corporation (NYSE:CVX) are expected to release their quarterly results.

Wall Street sell-side research analysts covering Sirius XM Holdings Inc. (NASDAQ:SIRI) shares have recently provided various price target projections on where the stock might be going. According to them, the stock is expected to reach $4.909 on a consensus level within the next year, according to Zacks. The most bullish estimate sees the stock reaching $5.5 while the most conservative estimate stand at $4.25.

Zacks also gives an average broker rating based on the sell-side recommendations from the analysts who cover Sirius XM Holdings Inc.. They give the company shares an ABR of 1.77. This is based on the 11 analysts taken into consideration by Zacks.

Earnings Estimates for Sirius XM Holdings Inc. (NASDAQ:SIRI)

Currently, Wall Street is projecting that the firm will post $0.04 earnings per share. This consensus number is also derived from Zacks. For the most recent period which ended on 2016-06-30, Sirius XM Holdings Inc.'s EPS was reported as $0.03. This created a “surprise factor” -25% due to being $-0.01 apart from what Wall Street predicted. When actual numbers differ greatly from the consensus expectations, sharp movement in the stock price can often be seen in the hours or days following the report.

Investors will mark their calendars for 2016-10-27, the date when Sirius XM Holdings Inc. (NASDAQ:SIRI) are expected to release their quarterly results.

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