Russell 2000 Top Weights Earnings Estimates

In the spreadsheet above I have tracked the earnings estimates for the top weighted Russell 2000 small cap stocks. I have columns for what the 2020 estimates were 11/26/2019 and today.

The column under the date 1/25/2020 has a letter that represents the movement in 2020 earnings estimates since the most recent print (11/26/2019). “U” means 2020 estimates are UP in the last 60 days. “D” means 2020 estimates are DOWN in the last 60 days. “S” means 2020 estimates have remained the SAME in the last 60 days. The column entitled “1yr Target Est” is the Wall Street consensus 12 month price target for each stock.

What this table is telling us so far is that estimates have improved in the past 60 days. More estimates went UP for 2020 in the past 60 days than came DOWN 13:4 UP:DOWN ratio. The rest remained the same.

The cumulative 2020 earnings power of these 30 stocks climbed by .60% in the past 60 days.

Disclaimer: Not investment advice. For educational purposes only: Learn more at HedgeFundTips.com.

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.