Price Target Watch: The Priceline Group Inc. (NASDAQ:PCLN), Diamond Offshore Drilling, Inc. (NYSE:DO), The Finish Line, Inc. (NASDAQ:FINL)


Research analysts covering The Priceline Group Inc. (NASDAQ:PCLN) are projecting that the shares reach $1690.384 within the next 12-18 months.  This is the consensus number derived from the 13 analyst reports taken into consideration. The most bullish, or aggressive analyst target pins the projected price at $1900, while the most bearish, or conservative analyst sees the stock reaching $1500.

Broker Rating Update on The Priceline Group Inc. (NASDAQ:PCLN)

Zacks provides analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations. Shares of The Priceline Group Inc. (NASDAQ:PCLN) currently have an ABR of 1.64. This is based on a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.  Moving to earnings estimates, for this current fiscal period, Wall Street analysts have projected that the company will post $12.98 earnings per share. This is the current Zacks consensus EPS which was calculated at the time of writing. Analysts will likely revise their estimates leading in to the actual results date.  

taking a look at the most recent period, which closed on 2016-09-30, The Priceline Group Inc. reported EPS of $30.94 for a surprise factor of 8.94%, calculated by being $2.54 away from analyst projections.

Investors will be marking their calendars for 2017-02-15, when the company is planning to release their quarterly results.

During the most recent trading session, Diamond Offshore Drilling, Inc. (NYSE:DO) shares traded -0.18%. Tracking the stock price in relation to moving averages may provide enhanced perspective on stock performance. After a recent look, the stock has been seen trading $-0.03 off of the 50-day moving average of $16.87 and $-3.41 separated from the 200-day moving average of $20.25. Taking a further look from a different perspective, the stock has been recently recorded -36.98% off of the 52-week high of 26.72 and +18.76% apart from the 52-week low of 14.18. Monitoring stock price activity relative to moving averages and the highs and lows for the past year might help with future stock price value assessment. 

Price Target in Focus

While monitoring stock technicals is important, most investors are more concerned with where the stock might be going now.  Equity research analysts have provided views on where they believe the stock will be trading in the future. According to Thomson Reuters, sell-side analysts are projecting a consensus target price of $16.79 on company shares. This is a near-term estimate for the next 12-18 months.

Currently, Diamond Offshore Drilling, Inc. has a price to earnings ratio of N/A. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The stock currently has a PEG Ratio of -0.50.

Wall Street sell-side research analysts covering The Finish Line, Inc. (NASDAQ:FINL) shares have recently provided various price target projections on where the stock might be going. According to them, the stock is expected to reach $23.281 on a consensus level within the next year, according to Zacks. The most bullish estimate sees the stock reaching $27 while the most conservative estimate stand at $18.

Zacks also gives an average broker rating based on the sell-side recommendations from the analysts who cover The Finish Line, Inc.. They give the company shares an ABR of 2.18. This is based on the 16 analysts taken into consideration by Zacks.

Earnings Estimates for The Finish Line, Inc. (NASDAQ:FINL)

Currently, Wall Street is projecting that the firm will post $-0.18 earnings per share. This consensus number is also derived from Zacks. For the most recent period which ended on 2016-08-31, The Finish Line, Inc.'s EPS was reported as $0.55. This created a “surprise factor” 3.77% due to being $0.02 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 2017-01-05, the date when The Finish Line, Inc. (NASDAQ:FINL) are expected to release their quarterly results.