Sonos, Inc. (NASDAQ:SONO) has received a consensus recommendation of Buy from the eight analysts that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rate
614 Chapala St, Santa Barbara, California, US. | Sector: Manufacturing | Exchange: NASDAQ | Web: www.sonos.com
EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.
In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.
Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.
If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.