On a consensus basis, sell-side analysts covering Puma Biotechnology Inc (NYSE:PBYI) are looking for the company to report EPS of $-2.02 for the quarter. The estimate is provided by Zacks Research based on analysts they include in their consensus number. Estimates may differ from other sources providing consensus estimates. The company previously reported quarterly earnings per share of $-2.02 for the period ending on 2016-09-30. The reported actual EPS was $-0.02 off consensus expectations. This created a surprise factor of -1%.
In taking a look at where analysts believe Puma Biotechnology Inc (NYSE:PBYI) is headed, the covering brokerages have a one year target price of $88.666 on the shares. This is based on the 3 analysts polled by Zacks Research. The analyst with the most aggressive viewpoint sees the stock heading towards $89 within the next 12 months while the most bearish sees the shares going to $88 in that same timeframe. The most recent analyst revision occurred on 2016-11-10. Depending on the brokerage firm, analysts on the sell-side use alternate terminology to describe their Buy/Sell recommendations.
Retail investors not familiar with a particular firms reports could find the recommendations difficult to understand. As a result, Zacks offers an analyst brokerage rating (ABR) which simplifies the recommendations into a 1 to 5 sliding scale where one represents a Strong Buy and 5 indicates a Strong Sell. Puma Biotechnology Inc (NYSE:PBYI) currently has an ABR 1.67. This is the average recommendation based on the 3 analysts polled.
Please note that the data derived in this report is from Zacks Research. This is not a recommendation to Buy or Sell shares of Puma Biotechnology Inc. The author of this article does not hold any position in the company. Investors should conduct their own thorough research before buying or selling equities.