Jan 11, 2005 19:48
19 yrs ago
6 viewers *
English term
consensus analysts
English
Bus/Financial
Finance (general)
Wall Street lingo
"This is the consensus analysts' estimate of a company's
current fiscal year earnings per share (EPS) as provided by..."
"Such risks and uncertainties include, among others, the risks that X may not meet or exceed consensus analysts’ estimates for the fourth quarter; that X may not release its fourth quarter and year 2004 financial data in mid-March 2005..."
Who he, that consensus analyst - several thousand google hits and not one definition? :-(
current fiscal year earnings per share (EPS) as provided by..."
"Such risks and uncertainties include, among others, the risks that X may not meet or exceed consensus analysts’ estimates for the fourth quarter; that X may not release its fourth quarter and year 2004 financial data in mid-March 2005..."
Who he, that consensus analyst - several thousand google hits and not one definition? :-(
Responses
+1
47 mins
Selected
consensus analyst forecast/estimate
FWIW: I could not really find a job title 'consensus analyst'.
It's a task:
"Job Title: Investor Relations Analyst
.....
POSITION RESPONSIBILITIES: ..... * Maintain consensus analyst model.
http://www.careers-gtech.com/gtech/jobboard/SendToFriend.asp...
So, to me it's about a 'consensus analyst forecast (or estimate)':
"Consensus forecast - The mean of all financial analysts' forecasts for a company.
Campbell R. Harvey's Hypertextual Finance Glossary
http://www.duke.edu/~charvey/Classes/wpg/glossary.htm
See also:
"Yale finance professor Dr. Zhiwu Chen has done an excellent job of transforming academic research and rigorous mathematics into a practical investing tool.
The valuation model combines 12-month trailing EPS, consensus analyst estimates, and the 30-year Treasury yield to come up with a fair value price for any stock."
http://www.researchandmarkets.com/reports/12177/12177.htm
Another source describing the use of consensus analyst forecast in other forecasting or evaluation:
http://www.google.nl/search?q=cache:C-GRhFk89c4J:www.bauer.u... target=nw
HTH - Wout-Jan
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Note added at 50 mins (2005-01-11 20:38:52 GMT)
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So, consensus refers to \"the mean of all financial analysts\' forecasts\". There\'s (probably) no \'consensus analyst\' really (in fact it\'s all dark ... ;-)
It's a task:
"Job Title: Investor Relations Analyst
.....
POSITION RESPONSIBILITIES: ..... * Maintain consensus analyst model.
http://www.careers-gtech.com/gtech/jobboard/SendToFriend.asp...
So, to me it's about a 'consensus analyst forecast (or estimate)':
"Consensus forecast - The mean of all financial analysts' forecasts for a company.
Campbell R. Harvey's Hypertextual Finance Glossary
http://www.duke.edu/~charvey/Classes/wpg/glossary.htm
See also:
"Yale finance professor Dr. Zhiwu Chen has done an excellent job of transforming academic research and rigorous mathematics into a practical investing tool.
The valuation model combines 12-month trailing EPS, consensus analyst estimates, and the 30-year Treasury yield to come up with a fair value price for any stock."
http://www.researchandmarkets.com/reports/12177/12177.htm
Another source describing the use of consensus analyst forecast in other forecasting or evaluation:
http://www.google.nl/search?q=cache:C-GRhFk89c4J:www.bauer.u... target=nw
HTH - Wout-Jan
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Note added at 50 mins (2005-01-11 20:38:52 GMT)
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So, consensus refers to \"the mean of all financial analysts\' forecasts\". There\'s (probably) no \'consensus analyst\' really (in fact it\'s all dark ... ;-)
1 KudoZ points awarded for this answer.
Comment: "thanks for the effort, everyone. the search goes on."
10 mins
Clauwolf
Works in field
conformity analysts
Declined
:)
... mitigation measures and re-evaluate, and if the VOC and NOx air quality regional
benchmark cannot be met consult with the MPO's conformity analyst to determine ...
www.fhwa.dot.gov/environment/ conformity/ref_guid/chap10.htm - 46k - Em cache - Páginas Semelhantes
... mitigation measures and re-evaluate, and if the VOC and NOx air quality regional
benchmark cannot be met consult with the MPO's conformity analyst to determine ...
www.fhwa.dot.gov/environment/ conformity/ref_guid/chap10.htm - 46k - Em cache - Páginas Semelhantes
Comment: "no conformity or compliance here - sorry"
+4
34 mins
Laura Vinti
United States
United States
Specializes in field
United States
Top Quality Financial Translations
Native in: Italian 
Works in: German to Italian, English to Italian
"consensus" refers to "estimate"
consensus analyists' estimate = the estimate on which most (or all) analysts agree.
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Note added at 51 mins (2005-01-11 20:40:11 GMT)
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My gut feeling tells me that \"consensus\" refers to \"estimates\", as in Italian (my native tongue) I hear all the time talking about the \"consensus estimates\" (stime di consenso) and never about the \"consensus analysts\" (analisti di consenso....?! No hits whatever).
Same for \"consensus analysts\' data\" (consensus data)
Being Italian, my gut feeling could be of course wrong...anyway, based on experience, I am pretty sure that the whole sentence means the above (estimate on which most (or all) analysts agree); that is, even if consensus should in fact refer to analysts (the estimate expressed by the analysts who build the consensus, the consensus meaning the most common opinion).
Hope it helps!
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Note added at 59 mins (2005-01-11 20:48:10 GMT)
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For consensus check Investorwords:
http://www.investorwords.com/1035/consensus_forecast.html
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Note added at 51 mins (2005-01-11 20:40:11 GMT)
--------------------------------------------------
My gut feeling tells me that \"consensus\" refers to \"estimates\", as in Italian (my native tongue) I hear all the time talking about the \"consensus estimates\" (stime di consenso) and never about the \"consensus analysts\" (analisti di consenso....?! No hits whatever).
Same for \"consensus analysts\' data\" (consensus data)
Being Italian, my gut feeling could be of course wrong...anyway, based on experience, I am pretty sure that the whole sentence means the above (estimate on which most (or all) analysts agree); that is, even if consensus should in fact refer to analysts (the estimate expressed by the analysts who build the consensus, the consensus meaning the most common opinion).
Hope it helps!
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Note added at 59 mins (2005-01-11 20:48:10 GMT)
--------------------------------------------------
For consensus check Investorwords:
http://www.investorwords.com/1035/consensus_forecast.html
Peer comment(s):
| agree |
Victor Potapov
: yes, "consensus" refers to "analysts' estimates" -that's what the analysts agree upon (also called "market estimates"/"market consensus figures"). E.g., "IBM net profit consensus estimates for Q1 2005 are 2 cents per share higher than for Q1 2004"
31 mins
|
| agree |
Will Matter
1 hr
|
| agree |
Anna Maria Augustine (X)
3 hrs
|
| agree |
Pawel Gromek
3 days 15 hrs
|
Discussion
An analyst that calculates the mean of ... based on ... using models of ...?
> http://groups.haas.berkeley.edu/accounting/workshops/fall200...
Global economic, financial and investment review covering geopolitics, currencies, economies, stock markets, and precious metals, gold, for corporate, financial sector and private investors worldwide. Objective and independent-minded economic, monetary and geopolitical intelligence print publication covering market and fundamental developments in the Americas, Euroland, Japan and East Asia, and the Rest of the World. Accurately predicted the degradation of the Euro, in sharp contrast to 'consensus' analysts." Gotcha!
"Based on the flawed 2002 consensus analysts' data, my
model forecasts were much too optimistic."
"The Group already sold its 34% stake in Burberry and the full year forecasts
from consensus analysts has been moved from �800m up to �820m.