Is There Any Upside to Patterson-UTI Energy, Inc. (NASDAQ:PTEN), Comerica Incorporated (NYSE:CMA)?

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Wall Street sell-side research analysts covering Patterson-UTI Energy, Inc. (NASDAQ:PTEN) shares have recently provided various price target projections on where the stock might be going. According to them, the stock is expected to reach $23.047 on a consensus level within the next year, according to Zacks. The most bullish estimate sees the stock reaching $34 while the most conservative estimate stand at $12.

Zacks also gives an average broker rating based on the sell-side recommendations from the analysts who cover Patterson-UTI Energy, Inc.. They give the company shares an ABR of 2.22. This is based on the 21 analysts taken into consideration by Zacks.

Earnings Estimates for Patterson-UTI Energy, Inc. (NASDAQ:PTEN)

Currently, Wall Street is projecting that the firm will post $-0.55 earnings per share. This consensus number is also derived from Zacks. For the most recent period which ended on 2016-09-30, Patterson-UTI Energy, Inc.'s EPS was reported as $-0.58. This created a “surprise factor” 1.69% 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 2017-02-02, the date when Patterson-UTI Energy, Inc. (NASDAQ:PTEN) are expected to release their quarterly results.

Wall Street sell-side research analysts covering Comerica Incorporated (NYSE:CMA) shares have recently provided various price target projections on where the stock might be going. According to them, the stock is expected to reach $51.638 on a consensus level within the next year, according to Zacks. The most bullish estimate sees the stock reaching $62 while the most conservative estimate stand at $42.

Zacks also gives an average broker rating based on the sell-side recommendations from the analysts who cover Comerica Incorporated. They give the company shares an ABR of 3. This is based on the 18 analysts taken into consideration by Zacks.

Earnings Estimates for Comerica Incorporated (NYSE:CMA)

Currently, Wall Street is projecting that the firm will post $0.94 earnings per share. This consensus number is also derived from Zacks. For the most recent period which ended on 2016-09-30, Comerica Incorporated's EPS was reported as $0.92. This created a “surprise factor” 16.46% due to being $0.13 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 2017-01-17, the date when Comerica Incorporated (NYSE:CMA) are expected to release their quarterly results.

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