Analysts Have Spoken & Consensus Is in for Micron Technology, Inc. (NASDAQ:MU), SM Energy Company (NYSE:SM)

Micron Technology, Inc. (NASDAQ:MU) shares have a current ABR (average broker recommendation) of 1.22. This recommendation is offered by Zacks Research. The rating lands on a sliding numerical scale from 1 to 5. A recommendation of 5 would indicate a Strong Sell, and a 1 would signify a Strong Buy. The mean rating may help provide a general sense of analyst sentiment on company shares.

Sell-side analysts taken into consideration by Zacks have also provided price target estimates on shares of Micron Technology, Inc. (NASDAQ:MU). The highest current target is $47. The lowest price target out of the polled analysts is presently $34. The consensus target price is currently noted at $38.285. Analysts may employ various techniques to help predict future stock price levels.

On the earnings front, Micron Technology, Inc. (NASDAQ:MU) is expected to post quarterly earnings per share of $1.37. This is the current consensus figure provided by Zacks. Investors and analysts will be looking for the company to next post earnings on or around 2017-06-29. Micron Technology, Inc. (NASDAQ:MU) most recently reported quarterly EPS of $0.77 for the quarter ending 2017-02-28. The gap between the actual and the projected estimate leading up to earnings created a surprise factor of 0%.

For the current quarter, analysts are expecting SM Energy Company (NYSE:SM) to report EPS of $-0.36. This consensus estimate is provided by Zacks Research. After the period that ended on 2016-12-31, SM Energy Company (NYSE:SM) reported an EPS actual of $-0.31. The difference between the actual and estimate resulted in a surprise factor of 20.51%. The company is expected to release their next earnings report on or around 2017-05-02. Interested parties will be watching to see how company results compare to what the Street was projecting for the fiscal period.

Shares of SM Energy Company (NYSE:SM) have a current ABR or average broker rating of 1.72. This consensus recommendation is also provided by Zacks Research. The recommendation falls on a scale between 1 and 5. A broker rating of 1 would translate into a Strong Buy. A rating of 5 would indicate a Strong Sell recommendation. This consensus broker rating may help shed some light on how the sell-side is currently viewing company stock.

Covering analysts often provide target price projections for company shares. The current Zacks consensus target price on shares of SM Energy Company (NYSE:SM) is $41.733. The top analyst target is $53, and the lowest target is $27 on the stock. Because of the different techniques used to gauge a company target price, estimates may be quite different from one analyst to another.

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