There are 12 research organizations that that have approved certain securities rating on 8Point3 Energy Partners LP (NASDAQ:CAFD) within the former year. The target price as identified by the market professionals reviewing the firm is $18.208.
Analysts are predicting that 8Point3 Energy Partners LP (NASDAQ:CAFD) will report $0 EPS when they divulge their quarterly report on 2017-01-17.
Consensus estimates plans a forward looking viewpoint of firm’s comprehensive performance as identified by market professionals. Shares prices are most biased by the extent to which they hit, surpass or slip consensus target. One of the well-known research units giving advisory calls is Zacks. Years before, the group initiated processing, managing and rereading research outlined by U.S. brokerage entities.
For now, Zacks gets electronic data feeds and accounts regularly from above 185 Canadian and U.S. brokerages, stated by 2,600 professionals amounting to above 500,000 review pages.
From the diverse forecasts assumed, Zacks computes agreed targets for around 4,500 Canadian and U.S. companies that have one professional from sell-side studying them. They calculate agreed common targets for long-term growth rates, broker ratings, EPS, revenue and target price.
Zacks has been giving annual EPS targets since 1979 and even projections for every quarter from 1982. The mechanism of releasing consensus begun in 1985. Sales predictions and consensus are arranged since 2000.
The firm displayed EPS of $0.38 for quarter ended on 2016-08-31.
8Point3 Energy Partners LP (NASDAQ:CAFD) has a 1.53 consensus rating based on 12 ratings assumed by the advisors studying the firm’s financial parameters. Consensus rating is in between 1-5.
The highest estimate of the 12 analysts has stock target at $22.5 while the lowest estimate is $11. For this year, consensus EPS target is $0.72.
Bullish analyst sees the company recording EPS of $1.48 whereas the bearish target is $0.02.