Yesterday Stock’s Trend Overview: Joy Global Inc. (NYSE:JOY)
Joy Global Inc. (NYSE:JOY) diminished -0.14%, closing at $27.83 after floating between $27.83 and $27.90. The company has market capitalization of $2.73B. It has twelve month low of $8.35 and twelve month high of $28.55.
The recent traded volume of 1.26 million shares lower than its average volume of 1.62 million shares. Analyst expected twelve month price target of $25.66.
During the most recent trading day, the stock’s price shifted up +233.29% from its 52-week low and -2.52% lower from its 52-week high. The stock’s price moved above its 200 day moving average of $23.98. The stock is currently trading up its SMA 50 of $27.73.
Present Consensus Recommendation for JOY GLOBAL INC. (JOY):
JOY GLOBAL INC. (JOY) received consensus recommendation of “Hold” from Analysts polled at Thomson Reuters. The Company expected to announce next earnings approximately $0.17 per share.
One Month Ago Analyst Ratings: The Company has received mean Analyst rating of 2.72 from polled analysts at Reuters One Month Ago. It has been suggested as “Buy Opinions” from 2 and 0 issued “Sell Thoughts” for the stock. 13 rated the company as a “Hold”. “Outperform View” rating was revealed by 2 and “Underperform Signal” rating was issued by 1.
Sales Estimates: Wall Street Analysts are estimating average sales of $667.37M for current quarter (Quarter Ending Oct-16). Analysts projected the minimum sales estimate of $591.00M and some analysts told that the stock may achieve maximum sales of $749.80M. Average sales estimate is measured after the consensus analysis of 13 Analysts.
Analysts on average are expecting revenue target $521.61M for next quarter (Quarter Ending Jan-17). The highest achievable sales estimated by the analysts are $561.48M while lowest reachable sales target of $477.49M calculated by analysts. The Average sales target is based on the consensus of 6 brokerage Analysts.
Recent Sales Surprise: During the recent quarter period Quarter Ending Jul-16, the company declared sales of $586.55M. The sales consensus among polled analysts prior to the last earnings announcement was $ 607.09M. The difference in the numbers was $20.54M which caused a surprise factor of 3.38%.
Earnings Estimates: “16” Analysts are saying that the company to announce quarterly earnings of 0.17$ per share for current quarter period Quarter Ending Oct-16. Top-level EPS estimate is set at $0.28 while low-level EPS estimate among analysts is focused at $0.02.
“9” Analysts are expecting that the company to declare next quarterly earnings of $-0.04 per share for period Quarter Ending Jan-17. EPS estimate is noted at $0.18 while lowest EPS estimate among analysts is targeted at $-0.19.
Earnings Surprise: According to the earnings report released for Quarter Ending Jul-16, The Company posted actual earnings of $0.10 per share whereas the Analysts projected earnings were $0.12 per share. The difference between actual earnings and estimated earnings was $0.02 per share. These results showed an earnings surprise of 16.32% (Thomson Reuter’s data).
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