The quarterly bump next week as the calendar rolls into 3rd quarter, 2015, should take the “forward 4-quarter” earnings estimate into the $124 – $125 range. What was unusual about this 2nd quarter was that the quarterly bump that took … Continued
After last Wednesday’s Federal Reserve (FOMC) announcement, the aspect that most impressed me about Janet Yellen’s comments was how “dovish” her commentary was, revising down GDP estimates, making moderate comments about inflation and growth, and in general sounding quite “bond … Continued
Per Thomson Reuters, the forward 4-quarter earnings estimate rose this week to $122.03, from last week’s $122.01. The P.E ratio on the forward estimate is 17.3(x) The PEG ratio is still negative. The SP 500 earnings yield fell to 5.78% … Continued
Per Thomson Reuters, the “forward 4-quarter” estimate this week was $122.01, down from last week’s $122.12. The P.E ratio on the forward estimate is 17.3(x). The PEG ratio is (25), or a little less than 2(x) excluding Apple and Energy … Continued
By the numbers: The forward 4-quarter estimate per Thomson Reuters this week was $122.12, versus last week’s $122.09. P.E ratio: 17(x) PEG ratio: (-21) but still distorted by the forward growth rate. Ex-Energy and Apple, the SP 500’s PEG ratio … Continued