Stock Price Targets in Spotlight: Caterpillar, Inc. (NYSE:CAT), Glu Mobile Inc. (NASDAQ:GLUU)

For the current quarter, analysts are expecting Caterpillar, Inc. (NYSE:CAT) to report EPS of $1.19. This consensus estimate is provided by Zacks Research. After the period that ended on 2017-06-30, Caterpillar, Inc. (NYSE:CAT) reported an EPS actual of $1.49. The difference between the actual and estimate resulted in a surprise factor of 18.25%. The company is expected to release their next earnings report on or around 2017-10-24. Interested parties will be watching to see how company results compare to what the Street was projecting for the fiscal period.

Shares of Caterpillar, Inc. (NYSE:CAT) have a current ABR or average broker rating of 2.44. 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 Caterpillar, Inc. (NYSE:CAT) is $111.153. The top analyst target is $140, and the lowest target is $60 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.

Glu Mobile Inc. (NASDAQ:GLUU) shares have a current ABR (average broker recommendation) of N/A. 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 Glu Mobile Inc. (NASDAQ:GLUU). The highest current target is $N/A. The lowest price target out of the polled analysts is presently $N/A. The consensus target price is currently noted at $N/A. Analysts may employ various techniques to help predict future stock price levels.

On the earnings front, Glu Mobile Inc. (NASDAQ:GLUU) is expected to post quarterly earnings per share of $N/A. 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 N/A. Glu Mobile Inc. (NASDAQ:GLUU) most recently reported quarterly EPS of $N/A for the quarter ending N/A. The gap between the actual and the projected estimate leading up to earnings created a surprise factor of N/A%.

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