Per Thomson Reuter’s “This Week in Earnings” (by the numbers) as of 7/7/17: Fwd 4-qtr estimate: $139.21 P.E ratio: 17.5(x) PEG ratio: 1.82(x) SP 500 earnings yld: 5.74%, nice increase over last week’s 5.56% Year-over-year growth rate of fwd est: … Continued
To cut to the chase, here is the chronological progression of the SP 500’s forward growth rate: 5/5/17: +9.8% 4/28/17: +8.2% 4/21/17: +8.3% 4/14/17: +8.3% 4/7/17: +8.3% 3/31/17: +6.06% 3/24/17: +8.96% To be frank with readers, I’m surprised at the … Continued
Ryan Detrick of LPL Financial (@ryandetrick post here), UKarlewitz of Fat Pitch fame (@ukarlewitz here), and Charlie Bilello over at Pension Partners (see here) (mentioned in no particular order) all noted on Twitter this past week, that with the first … Continued
If the only metric published this weekend is the “growth rate of the forward estimate” that would be enough. It rose again this past week to 8.85%, versus last week’s 8.62%. You never hear anything about it either. —————————————————- Thomson … Continued
At a CFA Chicago lunch about a week ago, Charlie Evans, Head Fed-head at the Chicago Federal Reserve here in the Windy (and balmy) City, talked about how the Fed plans to shrink the $4.5 trillion Fed balance sheet down … Continued
Reader “dmarilley” over on Seeking Alpha asked a good question about a month ago, but it has taken me some time to work through the backlog of articles and client meetings and tasks for the new year to properly address … Continued
Moving into January, 2017, here is the Thomson Reuters I/B/E/S data by the numbers: Forward 4-qtr est: $132.73, up from $128.57 last week, and typical with the roll into the new quarter. P.E ratio: 17(x) PEG ratio: 3.5(x) SP 500 … Continued
Thomson Reuters data (by the numbers): Forward 4-quarter growth rate: $128.54 vs last week’s $128.51. Again, unusual to see sequential increases. The typical pattern at this point in quarter is for steady erosion. P.E ratio: 17.5(x) PEG ratio: 3.89(x) SP … Continued
Thomson Reuters (by the numbers): Forward 4-quarter estimate: $128.61 vs last week’s $128.56 and another sequential revision higher, which is unusual P.E ratio: 17(x) PEG ratio: 4(x) SP 500 earnings yield: 5.87% up from last week’s 5.81% Year-over-year growth of … Continued
The big data point that stuck out this week was the all-important year-over-year growth rate of the “forward 4-Quarter” estimate. We’ll walk through the numbers in a second, but the other aspect of the numbers that jumped out was that … Continued