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Estimates

The Estimates section provides access to analyst forecasts and consensus estimates for your selected company. This tool allows you to compare reported financial results with analyst expectations, track estimate trends, and gauge market sentiment through analyst ratings.

Estimates Options

Getting Started with Estimates​

When you navigate to the Estimates section, you'll see the following key components:

  1. Variable Selection: Choose which financial metric to analyze (Revenue, EPS, EBITDA, EBIT, or Net Income)
  2. Periodicity Selection: Toggle between Annual (fiscal year) and Quarterly data
  3. Period Range Selector: Select the time range for your analysis
  4. Analyst Ratings: View the consensus rating from analysts covering the company

Analyst Ratings​

The Estimates section includes a gauge chart that visualizes the distribution of analyst recommendations for the selected company. This provides a quick overview of market sentiment:

The gauge displays the breakdown of analyst recommendations across five categories:

  • Strong Buy
  • Buy
  • Hold
  • Sell
  • Strong Sell

The needle position indicates the overall consensus rating, helping you understand how analysts collectively view the company's prospects.

Reported vs. Estimated Data​

The main chart in the Estimates section compares reported financial results with analyst estimates:

Estimates Chart

Key features of this visualization include:

  • Reported Values: Actual financial results that have been reported by the company
  • Estimated Values: Consensus analyst forecasts for future periods
  • High/Low Range: The range between the highest and lowest analyst estimates, showing the diversity of opinions
  • Surprise Percentage: Optional display showing the percentage difference between reported results and prior estimates

Advanced Features​

Analyst Count Tracking​

Analyst Ratings

You can enable additional data layers to track the number of analysts providing estimates for:

  • Revenue estimates
  • EPS (Earnings Per Share) estimates

This information helps you gauge the breadth of coverage and potentially the reliability of the consensus estimates.

Detailed View​

Toggle the "Show details" option to access a more comprehensive view of the estimates data, including:

  • High, low, and average estimates for each period
  • Number of analysts contributing to each estimate
  • Percentage changes between periods
  • Surprise percentages for historical periods

Tips for Using Estimates Effectively​

  1. Compare Trends: Look for patterns in how estimates change over time. Are analysts becoming more optimistic or pessimistic?

  2. Evaluate Surprise History: Companies that consistently beat estimates may be conservatively guiding analysts, while those that frequently miss estimates might be overpromising.

  3. Consider Estimate Ranges: Wide ranges between high and low estimates suggest greater uncertainty, while narrow ranges indicate stronger consensus.

  4. Track Analyst Coverage: A change in the number of analysts covering a company can signal changing market interest.

  5. Combine with Other Metrics: Use estimates alongside other Booga tools like Financials for a more complete analysis.

The Estimates section provides valuable forward-looking data to complement the historical analysis available in other parts of the Booga platform, helping you make more informed investment decisions.